Bitcoin has now held above the critical level of $8,000 for more than 40 hours, a clear testament that this recent rally could actually be sustainable and by now all eyes are on $10,000. What’s most notable is that the break above $8,000 happened on extreme volume. Tuesday’s trading action was high across the board. Online exchanges, […] Air conditioner commercial repair how to handle commercial air conditioning repair.
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Supply and demand are two fundamental components of any economy, and their relationship will determine its boom or bust. Token economies are no exception. Leveraging Supply and Demand Whenever the demand for a token increases and the number of tokens in circulation decreases, the result is that the token has a higher purchasing power in […]
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Vietnam’s State Securities Commission (SSC) has reportedly required companies as well as relevant funds to refrain from engaging in the transaction, issuance, or brokerage activities associated with cryptocurrencies. Nationwide Cryptocurrency Ban The SSC in Vietnam banned public companies, fund management companies, securities companies as well as securities investment funds from participating in activities associated with […]
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The United States Securities and Exchange Commission (SEC) has rejected the Winklevosses’ latest attempt to list a bitcoin ETF. After having a proposal rejected last year, the Gemini exchange founders had hoped to secure their Winklevoss Bitcoin Trust on BATS Global Market’s BZX stock exchange with this latest attempt. But BZX’s June filing was curbed in […]
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At the time of this article, the news from the Winklevoss ETF being denied by the SEC is still fresh and it is unclear what impact it may have on the overall macro trend of the market. Prior to the ETF ruling, the bulls continued to show demand as the bitcoin market saw a strengthening […]
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With much of the financial world fixated on the prospect of a bitcoin exchange-traded fund, the US Securities and Exchange Commission (SEC) has reportedly denied the proposal from Gemini founders Cameron and Tyler Winklevoss. 3-1 Against The US Securities and Exchange Commission (SEC) has reportedly rejected the first-ever cryptocurrency ETF proposal from Cameron and Tyler […]
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BRICS nations’ state-owned development banks plan to research blockchain technology for international transactions and other products.
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Swiss watchdog FINMA announced Thursday that it is investigating Envion AG for potentially breaking financial market rules with its ICO.
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken’s TrueUSD is fiat-collateralized. Under this model, each token (in theory) should be backed 1:1 with a corresponding dollar in a related bank account. This model may not play out in practice as it does in […]
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Not all tokens are born equal, and non-fungible tokens are allowing rare and collectible assets to be stored on blockchain. How does it work?
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