The SEC is still pondering upon the the approval of multiple Bitcoin ETF proposals. The latest one, as Leaprate reported several days ago, is coming from Wilshire Phoenix. A decision on the Wilshire Phoenix application is due late in September, but a delay is expected. Yesterday, it became clear that the SEC has started a…
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Bitcoin’s travails accelerate. BTC was continuing its slow grind southward, passing $9,600, but then a left cross came out of nowhere, landing securely on its chin, driving it to $8,100 in a flash. Dazed and on the canvass for the count, Bitcoin seems to have lost all sense of stability. As the capital is sucked…
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Facebook’s intentions for the world of cryptocurrencies and blockchain technology have always been shrouded in mystery as far back 2017 when Morgan Beller was placed in charge of blockchain initiatives. When David Marcus was transferred from Facebook’s Messenger service to a new blockchain division in May of 2018, rumors began to fly about a potential…
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Coinbase, the largest crypto exchange in the United States, announced on its blog that it is considering an expansion of its current offerings by 17 token projects, none of which are presently listed on any exchange. According to Bitcoinerx: Only 53 of the 2880 assets listed on CoinMarketCap are available to exchanges across the Coinbase…
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Ho-hum. The Bakkt exchange finally opened its doors, after thirteen months of built up anticipation, but there was no avalanche of institutional orders, no fanfare, only a plethora of articles in the press asking where was everyone hiding? The first transaction was for one BTC, pegging the price at $10,115. Another 17 BTC of orders…
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It is always preferable to have a positive attitude about all things in life, but when it comes to investing, unfortunately, you must be aware of your potential downside in all situations. At those times, it is necessary to put the old “negative” hat on and decide what might make your world an inhabitable place…
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Poor Wells Fargo (NYSE:WFC). The third largest bank in the United States cannot seem to win for losing. On one day, it announces a major internal cryptocurrency and blockchain technology project, much in the same vein as did JPMorgan Chase months back, but on the next day, the crypto community, not short on memory, quickly…
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VanEck Securities surprised the crypto-verse two weeks back when it decided to focus its efforts only on institutional investors and to limit its Bitcoin Trust to accredited investors. At the time of that announcement, their management team assured everyone that they were still committed to a retail offering, but now the news is that they…
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Bitcoin and its latest travails kept a bleary-eyed crew of analysts and traders awake through the night, as a sudden blast of cold wintry air from unknown parts knocked the token for a loop. As some astute observers remarked, the market share leader in Crypto-Land fell off a cliff, shedding $550 in minutes. The shockwave…
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GMEX Technologies Ltd. has just launched the latest release of its GMEX Fusion Digital Capital Markets technology suite, built on IBM (NYSE: IBM) Blockchain Platform. This technical advancement empowers institutional investors with a hybrid solution and will support multiple digital assets, including cryptocurrencies, security tokens, and more. GMEX Fusion is designed to support multi-cryptocurrency transactions…
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