Bitcoin Cryptocurrency News

VanEck SolidX Bitcoin Trust Falls Flat on Expectations

VanEck has been offering “forward-looking” strategies for over half a century. But its VanEck SolidX Bitcoin Trust ETF for institutional investors looks to be a non-starter. VanEck has been in and out of the headlines in the Bitcoin circle for some time now since it submitted first highly scrutinized and hotly anticipated Bitcoin ETF proposal Read more…

Bitcoin Blockchain Cryptocurrency News Market

SEC Boss Still Concerned Over Crypto Custody and Manipulation

As the bitcoin and crypto industry gears up for Bakkt, the US Securities and Exchange Commission (SEC) claims there is still work to be done. The primary concerns at the moment revolve around custody and price manipulation. Bakkt Could Solve SEC Crypto Concerns Speaking to CNBC’s The Exchange yesterday, SEC chairman Jay Clayton was asked Read more…

Bitcoin Cryptocurrency News

$1B Bitcoin Transaction Traced Back to Multiple Huobi Addresses

About $1 billion worth of Bitcoin was moved yesterday in a single transaction, sparking reactions on Twitter and other social media sites. TokenAnalyst went deeper and found that a significant share of sending addresses point to crypto exchange Huobi. 94,504 Bitcoin Reaches a Single Address On Thursday, Twitter user Whale Alert announced that 94,504 Bitcoin Read more…

Bitcoin Cryptocurrency News Market

Was Thailand’s Top Crypto Exchange Bamboozled by Bureaucracy?

The surprise announcement earlier this week that the top bitcoin exchange in Thailand was closing down sent shock waves through the Asian crypto community. BX was one of the most popular exchanges in the region and speculation is growing as to why the company made the snap decision to suddenly axe a clearly profitable venture. Read more…

Bitcoin Cryptocurrency News Market

Today Marks the 2nd Anniversary of China’s Bitcoin Ban, What Has Changed?

Two years ago, on September 4, 2017, the People’s Bank of China (PBOC) shut down local cryptocurrency exchanges over concerns that unregulated assets like bitcoin allow residents to bypass strict capital controls.   Not-So-Happy Anniversary Despite the formal ban, Chinese traders have continued to explore methods to trade bitcoin and similar cryptocurrencies, often by using Read more…

Bitcoin Cryptocurrency News

Bitcoin.com Launches New Crypto Exchange

Bitcoin.com has announced the launch of its long-rumoured cryptocurrency exchange today. To distinguish itself in an already crowded marketplace, it is offering promotional deals such as negative 0.3 percent trading fees. Bitcoin.com – A Trusted Brand? Bitcoin.com had been working on the cryptocurrency exchange project for the past year. Managing director of the exchange, Danish Read more…

Blockchain Cryptocurrency News Ethereum

Top 5 Smart Contract Platforms To Watch in 2020

The number of blockchain-based smart contract development platforms available to crypto developers is now greater than ever. Over the last 18 months, a Cambrian explosion in smart contract platforms has resulted in an embarrassment of riches and a plethora of options. No longer are crypto projects forced to choose between network effects (Ethereum) and scalability Read more…

Bitcoin Cryptocurrency News

What Does Jack Dorsey’s Twitter Account Hack Mean For Bitcoin?

Twitter and Square CEO, Jack Dorsey, had his personal Twitter account hacked this week. Whilst in control of the account, the hackers posted a bizarre stream of messages including racial slurs and a bomb threat. Dorsey has been very vocal in his support for Bitcoin, so what impact could this have? What Does A Twitter Hack Read more…

Bitcoin Cryptocurrency News

Bakkt Announces Warehouse for Physically-Delivered Bitcoin Futures

Cryptocurrency trading platform Bakkt has announced that its physically-delivered bitcoin futures will be informally open to customers next month.  On August 28, 2019, the platform took to Twitter to announce that Bakkt Warehouse, its qualified custodian arm, would begin providing storage services for customers on September 6, 2019, in anticipation of its forthcoming daily and Read more…

Bitcoin Blockchain Cryptocurrency News

Bakkt Gains Favor Ahead Of Launch As Bitcoin Users Say Hype Justified

Cryptocurrency figures are putting renewed faith in Bakkt to lift markets after the company announced it was ready to launch Bitcoin storage. Bakkt: Bitcoin Storage Starts Next Week Bakkt, a cryptocurrency ecosystem for institutional investors, is currently testing its first product, physical Bitcoin futures. The main launch will begin next month. As of September 6, Read more…