BTC

OSC Commissioner Debunks Arguments Against Bitcoin, Green-Lights Bitcoin Fund

<header class=”article__header”> </header> <strong>A commissioner of the Ontario Securities Commission (OSC) has debunked the arguments against bitcoin used to deny the public offering of The Bitcoin Fund. Among others, the commissioner rules that bitcoin is neither illiquid nor more susceptible to manipulation than other commodities, real volume and real trading in bitcoin exist, and it …

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Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement

</header> <strong>In early September, the high-profile court case Kleiman v. Wright looked as though it was coming to an end as the two parties reached a non-binding settlement. Then on October 30, without much notice, Wright explained that he couldn’t finance the settlement and the agreement was broken. Now the trial will start again and …

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CME Group Publishes Bitcoin Options Specifications

</header> <strong>In mid-September, the foreign exchange company CME Group announced the launch of options on its bitcoin futures contracts in Q1 2020, pending regulatory review. CME Group executive Tim McCourt said there was “increasing client demand” for the firm’s bitcoin derivatives and now the company has published specifications for the options products.</strong> Also Read: French …

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23 Central Banks Divulge Their Digital Currency Requirements

<header class=”article__header”> </header> <strong>Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. </strong><strong>They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them.</strong> Also read: China Ranks 35 Crypto Projects as President Xi Pushes …

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GlobalBitcoinsPro.com Enables Offline BCH Cash Trades

<header class=”article__header”> </header> <small><i>This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.</i></small> After the devastating news of the removal of offline cash trades and the new vigorous …

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Video: Will Bitcoin Crash or Double in Price After the Halving? Miners Have Their Say

</header> <strong>Will the price of bitcoin double or crash during the upcoming halving next year? And how will the mining industry adapt to their revenue stream being cut in half over night? See what professional miners from around the world have to say on the matter.</strong> Also Read: US, EU and UK Companies Can Now …

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Korean Presidential Committee Pushes to Legalize Crypto

<header class=”article__header”> </header> <strong>A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change.</strong> Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain Presidential Committee Pushes …

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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq

<header class=”article__header”> </header> <strong>Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters.</strong> Also read: …

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China Ranks 35 Crypto Projects as President Xi Pushes Blockchain

<header class=”article__header”> </header> <strong>China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development has continued to evaluate and rank crypto projects, and the …

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Stealth Miners on the BCH Network Attract Scrutiny

<header class=”article__header”> </header> <strong>In roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and …

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