Securities and Exchange Commission Delays Bitcoin ETF Decisions

The United States SEC (Securities and Exchange Commission) has just delayed its decisions on three proposed Bitcoin ETFs. So-called ETFs, or exchange-traded funds, have long been seen a tool for facilitating large-scale institutional crypto investments. SEC postpones Bitcoin ETF decisions (again) Specifically, this news came in SEC documents published on August 12th. In it, the … Continue reading Securities and Exchange Commission Delays Bitcoin ETF Decisions

Intercontinental Exchange (ICE) Is Reaping The Rewards of Playing It Cool During Crypto Winter

ICE took advantage of the crypto winter to buy cryptocurrency at a discount

A Reuters report is now revealing that Intercontinental Exchange Inc (ICE) was seemingly quite pleased with the past cryptocurrency winter. ICE’s CEO disclosed that it allowed the firm’s institutional cryptocurrency trading platform Bakkt to buy cryptocurrencies at a significant markdown. This allowed ICE to purchase cryptocurrencies at a discount As of the time of writing, … Continue reading Intercontinental Exchange (ICE) Is Reaping The Rewards of Playing It Cool During Crypto Winter

95% of Bitcoin’s Volume is Faked, Report Finds

95% of Bitcoin’s Volume is Faked, Report Finds

Bitcoin in particular, but really the entire cryptocurrency ecosystem, has a problem with faked volume. A recent report has shown that in upwards of 95% of the volume reported by websites like CoinMarketCap is actually fake. Given that news outlets commonly cite the volume figures on CMC and investors treat them as real, the revelation … Continue reading 95% of Bitcoin’s Volume is Faked, Report Finds

China’s Latest Cryptocurrency Rankings: EOS First, Tron Second, Bitcoin Fifteenth

China’s Latest Cryptocurrency Rankings EOS First, Tron Second, Bitcoin Fifteenth

The Chinese CCID Research Institute has for the 11th time published its public ranking of cryptocurrencies. The top three consists of EOS, Tron and Ethereum. Bitcoin arrives at place 15. What determines the cryptocurrency ranking? CCID Blockchain Research Institute released its Global Public Chain Technology Evaluation Index once again. The evaluators look into three main … Continue reading China’s Latest Cryptocurrency Rankings: EOS First, Tron Second, Bitcoin Fifteenth