The first three quarters of 2019 have been remarkably exciting and the industry continues to grow in numerous ways. One commendable progress is the open-mindedness received from banking institutions, government regulators as well as lawmakers. Commercial and investment banks such as JPMorgan are developing their private digital assets. New products like physically settled Bitcoin futures contracts are exposing the crypto market to a wider audience, and advancements in blockchain technology...
Read More »Ethereum Price Analysis: ETH Pulls Back To $186, Can The Bulls Keep Up?
Ethereum saw a small decline of around 1.5% over the past 24 hours and it currently trades at $186. Over the past week, the cryptocurrency increased by over 7.5% before the recent price fall. Despite the small decrease, Ethereum is still up by a total of 4.5% over the last 30 days as it continues to make higher highs and higher lows during October.Ethereum remains the third-largest cryptocurrency with a market cap of $20.17 billion.Looking at the ETH/USD 1-day chart:Since our last ETH/USD...
Read More »SpaceX and NASA Will Be Ready to Send Astronauts Into Space By Early 2020
SpaceX CEO and founder Elon Musk, together with NASA Administrator Jim Bridenstine, have said that by the first quarter of next year, Space X will complete the development to a considerable extent and will begin initial test flights for the Crew Dragon spaceship.According to Bridenstine, this will definitely happen as long as there are no unforeseen circumstances with the project’s redesigned parachutes and its emergency systems, between now and the first quarter of next year when the launch...
Read More »CFTC Chairman Confirms That Just Like Bitcoin, Ethereum Is Also a Commodity
According to the latest report from Yahoo Finance, the chairman of the United States Commodities and Futures Trading Commission called Ethereum (ETH) a commodity.Speaking at the Yahoo Finance Summit, CFTC chairperson Heath Tarbet said that the ETH token falls under the regulatory oversight of CFTC. He further added that in the near future, one cannot rule out the possibility of having Ethereum futures in the market. Tarbet said:“We’ve been very clear on bitcoin: bitcoin is a commodity. We...
Read More »Bakkt Set to Beat CME in Bitcoin Options Race as BTC Futures Volume Explodes 800%
The Intercontinental Exchange (ICE) in conjunction with their Bitcoin futures platform Bakkt is reportedly seeking to jump ahead of the CME group to release a Bitcoin options contract. This suggests that it wants to beat its CME rival that is considering a Q1 2020 launch for its Bitcoin option contract.Amsterdam-based Deribit already sells Bitcoin options but they have no standing compared to ICE or CME. Reportedly, BTC options will attract more institutional investors and enhance the...
Read More »UNICEF to Begin Accepting Donations in Crypto
Charity and cryptocurrency have developed quite a partnership over the years. The latest addition to that mix comes in the form of UNICEF, the United Nations’ organization that seeks to aid starving and impoverished children across the globe.UNICEF Is at the Heart of a Crypto BoostUNICEF has announced that it will begin accepting donations in both ether and bitcoin. It is the first UN-based organization to accept crypto, which could potentially mark a huge point in crypto’s development and...
Read More »Neo Banking Solution Startup Juno Raises $3 Million in Financing Round
Juno is a new banking solution organization that focuses on redistributed assets decentralized in nature and based on distributed ledger systems and blockchain technology. Recently, it has managed to raise $3 million in seed funding from investors. The firm is said to attract the attention of high profile firms including Polychain Capital and Sequoia Capitals’ Surge. Juno is expected to become available to a few markets this year but it will further expand next year with a fresh new approach...
Read More »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...
Read More »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...
Read More »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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