VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: ShutterstockPrimarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by the Securities and Exchange Commission (SEC) to date.According to the VanEck SolidX Bitcoin Trust 144A Shares proposal, qualified...
Read More »Dutch Central Bank’s Onerous Rules Put Crypto Players in Crosshairs
The Dutch Central Bank is putting crypto companies on notice, saying it will even include their shareholders under its microscope. | Source: ShutterstockThe Dutch central bank has run out of patience with the crypto space. The De Nederlandsche Bank (DNB) put certain players on notice that they have until 2020 to register.That's when they'll become subject to "integrity supervision."On Tuesday, the De Nederlandsche Bank claimed it was required to start supervising crypto-related businesses...
Read More »VanEck’s Quasi Bitcoin ETF Not a Game Changer: Economist
VanEck plans to launch a bitcoin fund designed for institutional investors that The Wall Street Journal falsely describes as a "limited version of a crypto ETF." | Source: ShutterstockThe bitcoin bulls have wrestled back control of the BTC price, with the leading cryptocurrency barreling for $11,000 once again. While the positive momentum emerged over the weekend, the optimism is no doubt also being fueled by today's VanEck development. The New York-based investment management firm plans to...
Read More »Bitcoin Creator Deserves Nobel Peace Prize: Morgan Creek Exec.
Bitcoin bull Anthony Pompliano wants Satoshi Nakamoto to win the Nobel Peace Prize, but other crypto fans aren't sure that's a good idea. | Source: ShutterstockWhoever the real Satoshi Nakamoto is, one long-time Bitcoin enthusiast thinks he, she, or they should win the Nobel Peace Prize.The recommendation came from Anthony “Pomp” Pompliano, a partner at Morgan Creek Digital Assets.Satoshi should win the Nobel Peace Prize.We finally have a currency that can assume global reserve status...
Read More »Crypto Fever Plummets 14% in Japan Amid Bitcoin Exchange Sweeps
Interest in cryptocurrencies like bitcoin tumbled 13.9% in Japan in the latest quarter, according to Japan's financial regulator, the FSA. | Source: ShutterstockInterest in cryptocurrencies like bitcoin tumbled 13.9% in Japan, according to the country's financial regulator.In data posted Sept. 3, the Financial Services Agency (FSA) says the volume of crypto-related inquiries fell in the latest quarter. The office handled 494 inquiries about crypto assets in the second quarter ended June...
Read More »‘Big 4’ Giant PwC Accepts Bitcoin in Filthy-Rich Tax Haven Luxembourg
PwC Luxembourg will accept your bitcoin for services rendered. | Source: ShutterstockThe Luxembourg unit of the Big Four accounting firm PricewaterhouseCoopers has announced that its clients will be able to pay for services in Bitcoin a month from now.In a press release, PwC Luxembourg indicated that it will begin accepting Bitcoin payments from October 1. The accounting firm will partner with a Luxembourg-based cryptocurrency exchange to integrate the Bitcoin payments.We are stepping...
Read More »Bitcoin Surge Obliterates $68 Million in BTC Shorts on BitMEX
Tuesday's bitcoin price surge launched BTC as high as $10,750 on Bitstamp, decimating $68 million worth of shorts in the process. | Source: ShutterstockBitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the $10,750 mark on Tuesday.Most of the cryptocurrency market followed, with only a handful of altcoins in the red.Bitcoin Price Booms Amid Mammoth Short SqueezeThe bitcoin price clipped the...
Read More »$800,000 Bitcoin Ransom Frees Kidnapped Chinese Student in Australia
A near million-dollar bitcoin ransom has secured the freedom of a kidnapped Chinese national in Sydney. | Source: ShutterstockThe Chinese pre-university student who was reported kidnapped late last month in Australia for 80 Bitcoin has been rescued and reunited with his family. The Chinese Consulate-General in Sydney confirmed that the 20-year old Ye Jingwang who was studying at the University of Technology Sydney had been found ‘safe’ and in ‘good health’.The Chinese Consulate-General in...
Read More »Amazon’s Secretive Crypto is Facebook Libra’s Biggest Threat: Report
Facebook's much-publicized and criticized crypto 'Libra' will see competition by one of the world's biggest tech companies, Amazon, a report has claimed. | Source: Shutterstock; edited by CCN.Since Facebook announced the Libra cryptocurrency, a couple of other similar projects have been unveiled with all of them being dubbed potential ‘Libra-killers’.They include Venus, an initiative by Binance to 'develop localized stablecoins and digital assets pegged to fiat currencies across the globe',...
Read More »Andreessen Horowitz Tackles Washington’s Crypto Cops in Unusual Private Sitdown
VC firm Andreessen Horowitz Co-Founder Marc Andreessen reportedly delivered the opening remarks to a cadre of Washington regulators. | Source: REUTERS/Lucy NicholsonBy CCN Markets: Angel investment and venture capital firm, Andreessen Horowitz, has taken an "unusual" measure in the fight against Washington's clampdown on cryptocurrency. To secure its stake within the emerging crypto industry, the VC wined and dined officials from the Treasury Department and numerous regulatory...
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