Hong Kong-based crypto reporter Eric Lam cites Brexit and a Bitcoin ETF joke as possible catalysts for the recent rally in crypto markets. Hong Kong-based crypto reporter Eric Lam believes nobody in the crypto industry has a good theory to explain the recent recovery of crypto markets. Lam shared his stance with Bloomberg on April […]
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Algorithmic trading funds might have triggered the recent market recovery, Bloomberg reports. The recent crypto market jump could be linked to algorithmic trading, Bloomberg writes on Wednesday, April 3. Algorithmic trading — a method that uses automated software to detect trends and determine when trades should be made — has been on the rise in […]
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Bitcoin is now hovering around $5,000, as the cryptocurrency markets are on their third day of gains. Wednesday, April 3 — Bitcoin (BTC) has tested the $5,000 mark for the first time since November 2018, as crypto markets are on the rise for the third day in a row. While some major cryptocurrencies are seeing […]
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Bitcoin ETF proposals show the SEC softening its views and the public remaining ambivalent. It may span only a couple of years, but the history of Bitcoin exchange-traded funds (ETFs) and the United States Securities and Exchange Commission (SEC) is already a long one. Back in March 2017, the SEC rejected the application for a Bitcoin […]
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This week saw the hacks of several large cryptocurrency exchanges, while the SEC pushed back their BTC ETF decision. Top Stories This Week Owner of ICO That Never Happened Attempts to Sell Project on eBay for $60,000 The owner of a crypto-related startup dubbed Sponsy, which never launched its initial coin offering (ICO), is attempting […]
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If the Bitcoin ETF will be approved in the second half of May, it will be a pleasant surprise and give a boost to crypto prices The crypto community will have to wait till the second half of May to know the fate of the Bitcoin ETF applications by VanEck and Bitwise, as the US […]
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The U.S. SEC has delayed its decision on the VanEck and Bitwise Bitcoin ETF applications The United States Securities and Exchange Commission (SEC) has delayed its decision on a rule change to the Securities Act that would allow the listing of Bitcoin (BTC) exchange-traded funds (ETF). The SEC published its decision in a public notice […]
Continue ReadingBlockchain-enabled diamond exchange Cedex has secured over 6,000 diamonds worth over $50 million that will be traded on its platform. Blockchain-enabled diamond exchange Cedex has secured more than 6,000 diamonds worth over $50 million that will be traded on its platform, Finance Magnates reported on March 27. Per the report, citing a press release from […]
Continue ReadingResearch had suggested 95 percent of exchanges’ volumes listed on the site were fake. Cryptocurrency market data resource CoinMarketCap (CMC) has promised to rearrange how it ranks member exchanges after research found overwhelming evidence of fake volume. The company confirmed the upcoming changes on social media on March 25. CMC is arguably the industry’s best-known […]
Continue ReadingThe QuadrigaCX story gets stranger as the criminal past of one founder is allegedly revealed, while IBM gets more into blockchain. Top Stories This Week Six Global Banks Sign Up to Issue Stablecoins on IBM’s Now-Live Blockchain Network This week, six international banks signed letters of intent to issue their own stablecoins — which will […]
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