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Bitwise ETF Proposal Rejected for the Umpteenth Time

It looks like we won’t be seeing a bitcoin exchange-traded fund (ETF) anytime soon. The latest (and allegedly final) attempt being made by Bitwise has outright been rejected by the Securities and Exchange Commission (SEC), which means there are no more proposals on the table waiting to get a “yes” or “no” vote.Bitwise Is Out of the LoopThe good news is that this hasn’t harmed bitcoin or Ethereum in the process, the two largest cryptocurrencies by market cap. While other smaller coins have...

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Alipay Torches Binance CEO as False Bitcoin Rumors Fester

In what can only be described as a virtual slap in the face, the Chinese mobile payment platform, Alipay, strongly rebuked bitcoin exchange giant Binance for attempting to implement Alipay as a fiat on-ramp. Did Alipay Reverse Its Bitcoin Ban? New payment options for peer-to-peer (P2P) crypto trading on Binance’s mobile app came to fruition yesterday, as exchange boss Changpeng “CZ” Zhao emphatically unveiled the news on Twitter. The new function allows for mobile users to engage in P2P...

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KickRef Has Got 20k+ Users in First Two Days, 40k Users in a Week

KickRef, first really multi-level referral program on the crypto market, has reached over 20 000 users just in 2 days after its start on September 28. After a week since its launch, the number has surpassed the 38 000 registrations mostly coming from USA, Russia and Turkey.Developed by Kick Ecosystem team, 10-level KickRef program allows to build up your own multi-level network that benefits you and all the people you invite to join. At that, no upfront contributions are needed. KickRef...

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Ripple Price Analysis: XRP Tumbles At $0.30 Resistance, What’s Next?

XRP saw a small decline of around 3% over the past 24 hours and it currently trades at $0.2705. The cryptocurrency has started to pull back slightly after surging by 9% over the past week of trading. During the first week of October, XRP has been performing very well as it attempts to make its way back to the $0.30 level.XRP is the second-largest cryptocurrency with a market cap of $11.68 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, XRP continued meeting...

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Kritiker bezeichnen ETH 2.0 Network als Betrug

Der Begriff SCAM taucht sehr oft im Zusammenhang mit Altcoins auf, doch bisher war zumindest der etablierte Altcoin Ethereum davon verschont. Mit der Umsetzung des 2.0 Netzwerks tauchen nun jedoch erste kritische Stimmen auf, die Ethereum genau dieses Label verpassen.Ethereum News: Kritiker bezeichnen ETH 2.0 Network als BetrugSo gibt es große Fragezeichen hinter der Skalierbarkeit, die große Dapps und deren Mass Adoption vor Probleme stellt. So gibt es bereits jetzt Anwendungen, deren...

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Hold On, Apple: Sources Hint At Google’s 5G Pixel 4 Handset Announcement

Photo: Maurizio Pesce / FlickrGoogle is all set to take an edge over its competitors at the upcoming Pixel 4 launch next week. According to the Nikkei publication, Google’s Pixel 4 and Pixel 4 XL handsets will come with 5G compatibility and its production has already started.The publication said that the search giant is all set to take its arch-rival Apple head-on, who recently announced the iPhone 11 and iPhone 11 Pro handsets last month. The sources familiar with the matter said:“The two...

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Ripple Expands its Outreach Signing Finastra Into Its RippleNet

Ripple Labs Inc has taken one more step in consolidating its global remittances and payments network with a new partnership with London-based Fintech firm Finastra. The company announced this yesterday in a statement indicating the partnership will offer Finastra’s customers access to Ripple’s Mainnet blockchain. Being one of the most successful banking software solutions firms in the world, Finastra offers software solutions to all across the financial value chain and the global linkages it...

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Bakkt Bitcoin Futures Volume Soars Almost 800% in One Day

In an incredible and slightly confounding turn of events, Bakkt’s bitcoin Futures volume has soared as much as 796% to a new all-time high (ATH). This is a far cry from previous volumes and a bullish sign of revival for Bakkt following its lackluster beginnings. Launching some two weeks ago, Bakkt day one performance showcased a tepid day-one volume of just 72 BTC. Given the hype and anticipation around the launch, this left a lot to be desired. Since then, the daily volume has fluctuated...

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Bitwise Set to File Another Application for Bitcoin ETF Following SEC Rejection

In a not-too-surprising turn off events, the SEC has rejected the Bitcoin ETF application filed by Bitwise Asset Management and NYSE Arca and stated that there were still too many unresolved issues regarding improper activity such as market manipulation, that could easily take place in the sector.The SEC’s publication is a 112-page document, which goes into specific details of the ETF and why it had chosen not to approve at this time. According to the Commission, the Bitwise and NYSE Arca...

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Breaking: Alipay Fires Back at Binance’s CZ, Will Block Bitcoin Transactions

Yesterday, the majority of cryptocurrency media outlets reported that Binance, the world’s leading cryptocurrency exchange by trading volume, allows people to buy Bitcoin in a peer-to-peer manner through on-ramps. When asked, Zhao claimed that people could use Wechat and Alipay to do so. Almost immediately afterward, however, Alipay refuted his statement, stating that it monitors and blocks transactions related to cryptocurrencies.Spreading Like WildfireBinance announced yesterday that it had...

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