Photo: Binance BlogBinance has partnered with premier exchange-traded product Amun AG to create an ETP that has the BNB token as the primary asset but listed in US dollar value. This development was announced today by the leading cryptocurrency exchange. Trading of the newly developed product (the Amun BNB ABNB) has started on the Swiss SIX exchange today.Changpeng Zhao CEO Binance indicated this in a tweet as well.A MAJOR step. Now you can trade $BNB ETP on Swiss Stock Exchange (Ticker:...
Read More »Grayscale Investments Receives FINRA Regulatory Approval
Even though a cryptocurrency exchange-traded fund (ETF) still has to assemble regulatory approval, Grayscale Investments manage to get a green light from FINRA in order to list, what it calls – the first publicly-traded digital currency index fund.After they’ve got Financial Industry Regulatory Authority’s approval, the so-called Digital Large Cap Fund (DLC) will be listed on over-the-counter markets and trade under the initials GDLCF.This is company’s fourth publicly-quoted investment...
Read More »Libra Association Claims It Has 180 Candidates to Join the Row of Its Members
After it seemed all the big-ones were leaving Facebook‘s backed cryptocurrency, it seems it still has its faithful believers. On Monday, in Geneva, Switzerland, 21 associations agreed to sign the Libra Association charter at last. The Libra Association named its board of directors as well a decision about people who will sit at the executive chairs.The first chair will be, as expected, Calibra’s CEO David Marcus who named 4 more people as his board fellows. That people are a partner with...
Read More »CME Group Says Institutional Players Have Increased Appetite for Bitcoin Futures Contracts
The Chicago Mercantile Exchange (CME) Group, a global derivatives marketplace with a wide range of futures and options products, has said that in the last quarter, its Bitcoin futures offering has increased considerably in popularity. According to the CME Group its open contracts surged by 61 percent in number from the same period about a year ago.The CME Group has said that the reason for this is a significant increase in demand from institutional entities that have increased their appetite...
Read More »5 Major Automakers Beginning Field Testing of Automatic Blockchain Payments System
The world’s leading car producers — BMW, General Motors, Ford, Renault, and Honda — have been working on the blockchain car identification and payment system under the Mobility Open Blockchain Initiative (MOBI) since last year. Next month, automobile giants will start testing a vehicle identification network in the United States.As Nikkei Asian Review has reported, the car producers have an aim to integrate the blockchain system to automatically make payments on typical commuting routes. This...
Read More »Google’s ‘Quantum Supremacy’ Is Not a Threat to Bitcoin and Blockchain
Google‘s latest attempt of attaining supremacy in quantum computing is giving jitters to crypto enthusiasts across the globe. Experts from the tech world say that quantum computing could likely make cryptography redundant which comes as a huge threat to the crypto industry.After Google’s recent talks on attaining quantum supremacy, Bitcoin enthusiasts are concerned whether it can pose a direct threat to the world’s largest cryptocurrency. Blockchain expert and author, Andreas Antonopoulos,...
Read More »Tron (TRX) Price Analysis: Uptrend Gaining Pace Above $0.0160
Tron price is gaining bullish momentum above the $0.0160 resistance against the US Dollar.TRX price is likely to surpass the $0.0172 and $0.0175 resistance levels in the near term.There is a significant bullish trend line forming with support near $0.0161 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it remains well supported near the $0.0155 level.TRON price is trading in a steady uptrend against the US Dollar and bitcoin. TRX price is likely to...
Read More »Forex Broker FXCM Trading Group Introduces New Crypo Basket Service for Retailers
The FXCM Group, an international online platform that offers foreign exchange (FOREX) trading, digital asset trading, as well as contracts-for-difference (CFD), has announced the start of a new offering for cryptocurrency baskets, targeted at the company’s retail patrons.According to an official FXCM press release, the new crypto basket is called CryptoMajor and will allow retailers handle a pool of five different digital currencies at once. The announcement specifies that the assets...
Read More »Ethereum Price Analysis: ETH Primed For More Gains Above $195
Ethereum price started a steady rise above the $180 resistance area against the US Dollar.ETH price is showing positive signs and it could continue to rise above $195 and $200.There is a crucial bullish trend line forming with support near $182 on the 4-hours chart (data feed from Coinbase).The price is likely to climb sharply once it clears the $188 and $195 resistance levels in the near term.Ethereum price is trading in a bullish zone above $180 against the US Dollar. ETH price seems to be...
Read More »Mark Zuckerberg Holding Private Dinners with Conservative Influencers
Photo: Alessio Jacona / FlickrIt seems that Facebook CEO Mark Zuckerberg decided to go other way and against everything he once was talking about. Since he is loosing all the biggest supporters at the enormous speed, he has started turning to the white supremacists, leaders and journalists who have been known for supporting, well, white race to be exact.Politico reported Zuckerberg has been organizing dinners with conservative leaders as, for example, is Republican Sen. Lindsey Graham,...
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