The bitcoin.com.au blog

The cryptocurrency market will outgrow its early-stage status and experience tremendous growth. This is the belief expressed by Joseph Lubin, one of the co-founders of Ethereum, during an interview for CNN Money.

SEC-registered broker-dealer and investment advisor, SharesPost, has announced the results of its mid-year survey on cryptocurrency and blockchain.

After Bitcoin launched, keen developers noticed that its underlying technology, the blockchain, could do more than just send digital tokens from one point to another on the internet.

Since 2016, more than 10 applications to list Bitcoin ETFs (exchange-traded funds) have been made to the US Securities and Exchange Commission (SEC).

On the 24th of August, the US Commodity Futures Trading Commission (CFTC) released its latest report on Bitcoin futures, revealing that the investors’ bearish views are declining. In capital market terms, a bearish view is the opinion that the value of an asset will decline. This may prompt stockholders to start selling or do nothing.

The National Constituent Assembly of Venezuela is prepared to change the Constitution of the country in order to create the first central bank for cryptocurrency. The embattled South American nation has already launched its own cryptocurrency – called the petro – which is backed by the country’s oil reserves in the Orinoco belt.

Chinese tech giant Tencent Holding started rolling out a pilot blockchain payment system for popular direct chat app, WeChat. WeChat has its own mobile payment system – WeChat Pay – which was recently upgraded using the blockchain technology.

The United States Securities Exchange Commission (SEC) may be paving the way for a major change of perspective concerning Bitcoin. The federal authority on the stock exchange announced that it would give its decision concerning the launch of nine Bitcoin exchange-traded funds (ETF) within the next two months.