VanEck, Cboe and SolidX Meet With SEC to Discuss a Bitcoin ETF

Having met the U.S. Securities and Exchange Commission (SEC) in August 2018, officials of VanEck, SolidX and Cboe BZX Exchange have met with the Commission again, in the latest attempt to convince the regulator to approve the nation’s first bitcoin exchange-traded fund (ETF), according to an official presentation submitted to the SEC. The firms gave …

Wyoming Passes Blockchain Bank Bill Despite Industry Opposition

Despite serious opposition from the banking industry, the state of Wyoming has passed a blockchain bank bill almost unanimously. The move further cements the state’s welcoming approach to blockchain integration. 13-1 Majority to Pass the Bill The state of Wyoming has a reputation for being welcoming towards blockchain technology. This reputation was strengthened by a legislative …

17% Recovery Since Last Sunday’s 2018 Low

Crypto markets are bouncing back again, Bitcoin SV, Cardano, Tron and Maker recovering well. There has been a marginal recovery from yesterday’s market dump this Sunday and things did not fall off the cliff again as we have seen in recent weeks. Total market capitalization has recovered to climb back to around $135 billion at …

Shell & BP Are Now Selling Crude Oil on the Blockchain

Shell and BP are now using a blockchain-based trading platform for crude oil, which they hope will solve trade and settlement inefficiencies. Shell & BP Hope Blockchain Will Solve Inefficiencies Vakt is first to market of several pilot schemes which have been in development, which Bitcoinist reported on back in January 2018. It comes courtesy of …

What Does Floyd Mayweather’s Crypto ICO Settlement with the SEC Imply?

Boxing champion Floyd Mayweather Jr. and music producer DJ Khalid have both settled charges with the U.S. Securities and Exchange Commission (SEC) for failing to disclose that they were paid to promote initial coin offering (ICO) projects to the public. The charges against the two celebrities came about after they both used various social media outlets to …

Coinbase Launches Zcash Trading Services on Coinbase Pro

Popular cryptocurrency exchange Coinbase is launching Zcash (ZEC) trading on its professional trading platform Coinbase Pro. The announcement made via Coinbase’s blog page states that inbound transfers of the currency will begin at 10 p.m. PST on Thursday, November 29, 2018, though early deposits have already begun. The blog reads, “Once sufficient liquidity is established, …

Simplicity Language to Give Bitcoin Ethereum-Like Smart Contract Capabilities

Simplicity, a combinator-based, typed, and functional language for blockchain applications can reportedly enable Bitcoin’s Script language to handle more complex yet reliable smart contracts. Bitcoin Script Language is Limited, For Now According to a new research from Blockstream on Simplicity – a blockchain applications language – distributed ledgers pose a range of unique challenges, which make traditional …

Asian Chief of FX Trading Firm Predicts Bitcoin Price Fall to $2500

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. The Asia-Pacific Head of Trading at foreign exchange brokerage Oanda has predicted that bitcoin price will fall as low as $2,500, claiming the behavior of the asset over the past few months …