The SEC has again delayed its decision on whether to allow a proposed rule change that would enable the VanEck SolidX Bitcoin Trust exchange-traded fund (ETF) to issue and list its shares. According to a filing published on Thursday by the SEC, the public has 21 days from when the order is published in the […]
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Ethereum (ETH) Still On Track For A Steady Recovery
Ethereum (ETH) has been trading in a bullish gartley pattern since early 2017. The price has now retraced back to the trend line and already found a strong support. The above chart for ETH/USD shows that the 10 Week EMA is now primed to cross above the 21 Week EMA. When that happens, we will see a big boost in the price of Ethereum (ETH) and the strong beginning of a new cycle. The volume has been declining steadily since the beginning of the correction and has now reached a point where a reversal is expected. The number of shorts has also fallen sharply in the past few weeks. This shows that the bearish resolve is seriously hurt and the market is preparing for a recovery. Short term uncertainty aside, the big picture for ETH/USD is very clear and it is only a matter of time before we see a strong reversal.
Bitcoin Network Congestion Reaches 95%, But Fees Hold Steady
Popular cryptocurrency analyst Willy Woo has observed what many others in the community have overlooked. While this year’s market downturn has shaved off approximately 70% of BTC’s value, the Bitcoin network is quietly gaining scale. It’s a sign of what many blockchain pioneers have been touting during the market downdraft, which is for developers to
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Dogecoin (DOGE) Steady Amid Cryptocurrency Market Bloodbath
The cryptocurrency market has taken a hit over the last 6 hours after Goldman Sachs came out to state that it will no longer pursue launching its own Bitcoin (BTC) trading desk. The sell-off, which saw Bitcoin drop below $ 7,000, has hit major altcoins the hardest, with the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies […]
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Cash Shuffle’s BCH Mixer Moves Forward with Steady Testing
Back in December, a new privacy protocol was released for bitcoin cash users called Cash Shuffle. The application has seen steady development since its inception and this week Cash Shuffle developers say that the platform’s alpha testing has been successful and the team has seen lots of testers. After the application is polished up, some more Cash Shuffle will be released to the general public soon.
Also read: Bitcoin.com and Purse.io Bolster Spending Giving New Shoppers $ 10 in BCH
Slow and Steady Wins the Race: This Canadian Exchange Is Leading the Way on Regulation
There’s nothing that sends shock waves through the crypto markets like the prospect of regulation. And there’s also nothing so hard to establish on a global scale. After all, how can you regulate something when you can’t agree on what category it falls into, and when laws vary across jurisdictions and cultures? One Canadian exchange, Coinsquare, is taking an interesting approach that just might prove that in this fast-paced industry, slow and steady wins the race.