SEC Halts Trading of XBTProvider’s Bitcoin and Ether ETFs

The U.S. Securities and Exchange Commission (SEC) has suspended trading in two Bitcoin and Ethereum investment products until September amid confusion over their nature. Bitcoin Tracker One and Ether Tracker One are characterized by broker-dealers as exchange-traded funds (ETFs), which legally mean listed funds that track a basket of assets. However, the products’ issuer, XBTProvider, states the …

Distributed Dialogues: Governance and Decentralized Platforms

On the latest episode of Distributed Dialogues, Dave and Rick from the Let’s Talk Bitcoin Network host interviews on the risks and rewards of government interference in the cryptocurrency space. The first guest, John Collins, got his start in government on the Senate Committee of Homeland Security, and quickly moved to working with Coinbase after …

Bitcoin Velocity Drop-Off Shows Usage as ‘Reserve Currency’

Bitcoin is “functioning well as a reserve currency” for cryptocurrency investors as its transaction volume looks set to halve in 2018, Placeholder VC partner Chris Burniske said following new analysis released this week. 2018 Market Hits Velocity A Medium post by developer and interviewer Nodar Janashia September 5 had highlighted that Bitcoin’s token velocity, neatly …

Opportunities for Altcoins in a Bullish Run

Market trends, whether in stocks or crypto, tend to fluctuate a lot, and these fluctuations bring with them a lot of opportunities. In the cryptocurrency industry, investors stand to gain a lot during a bullish market trend and lose a lot when the market is experiencing a downward trend. An upward trend of price in …

Battle of the Privacycoins: Why Dash Is Not Really That Private

Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. Government agencies, analytics companies and other interested parties — let’s call them “spies” — have ways to analyze the public blockchains and peer-to-peer …

Iran Recognizes Cryptocurrency Mining as Industry

Iran has purportedly accepted cryptocurrency mining as an official industry. According to a high-ranking official, all related institutions have already agreed on it. A Breath of Fresh Air Iran has historically been fairly controversial in its stance towards cryptocurrencies. As Bitcoinist reported in April, the country banned banks from touching Bitcoin as well as other cryptocurrencies. …