Tag Archives: Ether

Bitcoin Falls Below $6,600 As Investors Ponder Significance of SEC’s Postponement of VanEck Bitcoin ETF Decision

Bitcoin Falls Below $6,600 As Investors Ponder Significance of SEC’s Postponement of VanEck Bitcoin ETF Decision

The U.S. SEC’s postponement of its decision on the VanEck-SolidX Bitcoin ETF to 30 September 2018, as covered here yesterday, has left the crypto markets bruised but not battered, with Bitcoin suffering a drop to below $6,600, with almost all other top 50 cryptocurrencies currently in the red. Although the SEC’s decision to take more time by extending the deadline […]

Europe’s Largest ETF Trading Firm Moves Into Crypto

Europe’s Largest ETF Trading Firm Moves Into Crypto

Flow Traders NV, an Amsterdam-based speed trading firm that is considered Europe’s largest ETF trader, is reportedly making markets in the first exchange-traded notes (ETN) based on Bitcoin (BTC) and Ether (ETH). According to a recent Bloomberg report, while multiple high-speed trading firms are active in crypto, Flows Traders is the first firm to publicly disclose it’s buying […]

SEC Has Removed ‘Stumbling Block’ for Ether Futures, Says Cboe President

SEC Has Removed ‘Stumbling Block’ for Ether Futures, Says Cboe President

Cboe Global Markets may now be close to launching an ether futures product, following a recent comment from a U.S. Securities and Exchange Commission (SEC) official indicating that the agency doesn’t consider ethereum’s native cryptocurrency a security. On Thursday, the SEC’s director of corporation finance William Hinman notably said that, based on his understanding of “the ethereum network […]

OKEx: Ethereum Smart Contract Bug Causes Temporary Suspension of ERC-20 Deposits

OKEx: Ethereum Smart Contract Bug Causes Temporary Suspension of ERC-20 Deposits

Today, April 25th, the third largest cryptocurrency exchange by trading volume, OKEx, announcedthat all ERC-20 token deposits have been suspended. The move comes after developers discovered an Ethereum Smart Contract bug called BatchOverflow which permits those who exploit the bug to issue an almost unlimited number of new tokens. In turn, the newly minted tokens can then be […]

BTC, ETH Recover From Monthly Lows On Comments To G20 Members

BTC, ETH Recover From Monthly Lows On Comments To G20 Members

The crypto markets are in the green again after hitting monthly lows this week, with Bitcoin (BTC) back over $8,000 by press time according to data from CoinMarketCap, following the Bank of England’s positive comments to G20 members that crypto poses “no risk” to the stability of the global economy. Image source: https://coin360.io/ Reuters wrote about the G20 crypto comments – […]

Ether Takes Step Toward Institutional Trading in US

Ether Takes Step Toward Institutional Trading in US

ConsenSys, the New York-based blockchain application startup, has announced today it is partnering with TrueDigital, a new affiliate of online interest rate swap marketplace trueEx, in an effort to develop a benchmark price for ethereum’s ether cryptocurrency. According to an announcement, the two firms are planning to design a target reference index for the price […]