SEC Rejects 9 Bitcoin ETFs in 1 Day, Markets Remain Unaffected
As foreseen by yesterday's article on Crypto Traders Pro, the SEC have indeed rejected the latest round of Bitcoin ETF applications. The Commission made the announcement a day ahead of the deadline, perhaps to second guess the still fragile crypto markets. In total no...
CBOE Source says ProShares Bitcoin ETF will be Denied
It's a sign of the times that discussions about the state of Bitcoin and the crypto market more broadly are deemed incomplete without mention of exchange-traded funds (ETFs). Whilst the purists might argue that any such instrument represents a dilution of the Satoshi...
Venezuela is using Cryptocurrency to try and Save its Economy
Venezuela's economic woes have dominated headlines for months now. The country's currency is continuing to crash, with a US dollar now worth around 285,000 bolivar, and experts say inflation could hit 1 million percent this year. This week, President Nicolas Maduro...
NVIDIA Pulls out of Cryptocurrency Mining , Bitmain reaps Rewards
It's now over eight months since Bitcoin hit it’s all-time high, and the bear market is beginning to take its toll on the broader crypto ecosystem. Nvidia, one of the world's leading producers of high-end graphics processing units (GPUs), has announced it is planning...
Coinbase CEO, Brian Armstrong compares Crypto Market to 90s Internet Bubble
Coinbase Co-Founder and CEO Brian Armstrong has made some outspoken - and rather sobering - comments regarding the future of Bitcoin and the crypto sector. Armstrong says that despite the hopes of the crypto community, mainstream adoption is still a long way off and...
Pornhub Subsidiary, Tube8, is Paying You with Cryptocurrency to Watch Porn
Back in April, PornHub made the headlines when it started accepting Verge (XVG) as payment for its online services. The partnership was a mixed bag at best for Verge, but it seems this was just the beginning of crypto's evolving relationship with the $15 billion...
UK Cryptocurrency Exchange Adds Bitcoin Cash Futures Contract
Crypto Facilities is a UK-based crypto exchange and futures trading platform which offers a range of services including margin trading with up to 50x leverage. Today the exchange announced that it is adding Bitcoin Cash (BCH) to its futures trading provision,...
South Korea’s Cryptocurrency Economy is Optimistic about Future Regulatory Landscape
As previously noted on Crypto Traders Pro, the adoption of crypto and blockchain in South Korea is in many ways significantly more developed than that even in North American and European economies. A huge proportion of Korean professionals have holdings in...
Ethereum Co-Founder is Optimistic Despite Price Collapse
During one of the bloodiest weeks for crypto in recent memory, perhaps the biggest story is that of Ether's dramatic price decline. Crypto's second largest coin has dumped over 21% this week alone, and is now down 80% from its all-time high just seven months ago. As...
Turkey’s Fiat Currency, Lira, Tumbles to All Time Lows Against USD
This week the Turkish Lira has continued its spectacular decline, losing an additional 20% against the dollar on Friday and dropping further at the beginning of this week. Despite a bounce over the last 24 hours, Recep Tayyip Erdoğan’s beleaguered currency has clocked...
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