Swedish Bitcoin ETN Now Available Through US Markets
A Swedish Bitcoin Exchange Traded Note (ETN) called Bitcoin Tracker One (CXBTF) can now be invested in via some US markets. Check with your broker/exchange to see if the product is offered.
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
A Swedish Bitcoin Exchange Traded Note (ETN) called Bitcoin Tracker One (CXBTF) can now be invested in via some US markets. Check with your broker/exchange to see if the product is offered.
Bitcoin has resisted dropping below $6k yet again, unfortunately most altcoins from Ethereum down are mostly in panic mode with Ether taking an usually big hit.
Bitcoin dominance reached a 2018 high of 50%. Dominance is up from a 33% year low. That means half the market cap of all cryptocurrency is now in Bitcoin alone. Unfortunately for holders this can be attributed to a decline in the alt market rather than a growth in Bitcoin.
There is a ton of Bullish news, from ICE’s Bakkt, to Coinbase updates, to news about Coinbase, Stellar, and Facebook, to Volkswagen’s Blockchain project, to IBM’s blockchain projects, etc. Yet prices of most cryptos are the worst in 2018 so far.
On August 20, the Bittrex cryptocurrency exchange is launching US dollar (USD) markets for Ethereum Classic (ETC) and Ripple (XRP).
Ethereum Classic (ETC) trading is now live on Coinbase Pro, but it is not on Coinbase yet (Coinbase Pro is the exchange, Coinbase is the broker-wallet services where you can buy / sell / store cryptos).
The SolidX ETF was postponed by the SEC until September 30, 2018. This decision was expected Aug 16, but came Aug 7 instead. Although many were hoping for approval, an extension is notably not a denial. Also, a new service called Bakkt goes a long way to making the SolidX approval a non-issue.
Ethereum Classic (ETC) is now on Coinbase. As of August 7th deposits are allowed, then soon trading will start. One can expect some initial turbulence, so make sure to keep a close eye on the price.
Bakkt is un upcoming exchange by the Intercontinental Exchange ICE (the parent company of the New York Stock Exchange NYSE). This is pretty much the biggest crypto news of 2018, if not ever. I explain why.
DCEX, a San Francisco-based cryptocurrency exchange for retail and institutional investors run by AlphaPoint, will become the first exchange to offer XRP as its base currency.
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