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What Are the Advantages and Disadvantages of Bitcoin ETFs?
Since 2016, more than 10 applications to list Bitcoin ETFs (exchange-traded funds) have been made to the US Securities and Exchange Commission (SEC).
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Bearish Sentiment in the Bitcoin Futures Market Is Declining
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.
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Venezuela Prepares To Create The First Central Bank For Cryptocurrency
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.
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WeChat Tests Pilot Blockchain Payment System
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.
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Securities Exchange Commission Deciding On The Fate Of ETFs
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.
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How Australia is Leading the World in Blockchain Standards
Australia has always punched above its weight when it comes to technology. After all, we invented the black box flight recorder and Wi-Fi. Now, in an increasingly globalised economy, we’re mixing this with the exciting world of cryptocurrency. In 2016, Australia was awarded the tender to standardise blockchain and is set to revolutionise the way […]
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Why the Bear Market is Good for Bitcoin
Many people hear ‘bear market’ and immediately think of red charts, memes of the Titanic sinking, and a general sense of despair and misery. It’s one of those phrases that gets thrown around so much in the cryptocurrency sphere that the real meaning tends to get lost.
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How Bitcoin Can Change the Way You Pay for Power
If you’re interested in delving into the world of Bitcoin, then you’re probably thinking of it as a possible investment venture. And it’s true that the world’s first decentralised digital currency has risen massively in value since it was launched in 2009. But Bitcoin is also a currency like any other, albeit one that is […]
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Why Bitcoin vs. Ethereum is the Wrong Question to be Asking
All too often we hear heated discussions within the cryptocurrency community over which coin is king. Framed as bitter rivals battling to control the future of crypto, many “Bitcoin vs. Ethereum” debates entirely miss the point that these two currencies serve fundamentally different purposes. While there is nothing wrong with picking favorites, a “one coin […]