Amazing Crypto

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  • Tether plans to issue two commodity-pegged stablecoins

    Tether Ltd. is planning to issue two new stablecoins, one pegged to a basket of commodities and another to the Chinese renminbi, according to Zhao Dong, an over-the-counter (OTC) trader in China and a shareholder of Bitfinex. New stablecoins In 2018, iFinex Inc.—a privately held financial technology company based in the British Virgin Islands that…

  • World’s Biggest Bitcoin Cash Conference Kicks Off in Australia – What to Expect

    World’s Biggest Bitcoin Cash Conference Kicks Off in Australia – What to Expect

    Arguably set to become the world’s biggest Bitcoin Cash conference yet, Bitcoin Cash City kicked off today in sunny Townsville, North Queensland. The city is not only colorful, friendly, and home to some very beautiful coastline, it’s also shock-full of opportunities to use Bitcoin Cash for everyday living. As such, it’s well-suited to promoting a…

  • Andreessen Horowitz lobbying financial watchdogs to loosen crypto regulations

    Andreessen Horowitz, a venture capital company focused on crypto innovation, brought several Washington regulators together to promote crypto adoption and discuss regulation. The May event includes representatives from the U.S. Treasury, SEC, and CFTC alongside some of the most influential blockchain companies, reported the Wall Street Journal. Behind the scenes, a16z is quietly fighting for…

  • VanEck and SolidX Will Offer Institutional Investors a Bitcoin ETF – Sort Of

    VanEck and SolidX Will Offer Institutional Investors a Bitcoin ETF – Sort Of

    A fresh report from The Wall Street Journal says that Bitcoin exchange-traded funds (ETFs) may soon become reality. According to the story, both VanEck Securities and SolidX Management are now planning to offer a special version of a Bitcoin ETF. Will VanEck and SolidX launch a limited Bitcoin ETF? Both VanEck and SolidX have long…

  • New Storm Concept Could Strengthen Bitcoin Cash Instant Transactions

    New Storm Concept Could Strengthen Bitcoin Cash Instant Transactions

    Software developer Awemany has published a potential alternative approach to instant transactions on the Bitcoin Cash (BCH) network called “delta blocks” or Storm. The idea utilizes weak proof-of-work (PoW) for instant confirmations on Bitcoin Cash. The new Storm concept has piqued the interest of many BCH proponents who are eager to solve the instant or…

  • VanEck and SolidX bypass SEC by offering Bitcoin ETFs to accredited investors

    Two investment companies whose Bitcoin ETF proposals have been delayed by the SEC have found a way around the tight regulations. In a joint statement, VanEck Securities Corp. and SolidX Management said they planned on launching a “limited version” of the BTC ETFs, only available to accredited investors. Securities Act exemption allows VanEck and SolidX…

  • Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin

    Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin

    Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature of decentralized digital assets. Not to mention how absurd…

  • Ethereum, XRP and Litecoin look bearish against BTC, but promising against USD

    Despite the pessimism seen across the crypto community in regards to altcoins, the following technical analysis will evaluate whether Ethereum, XRP and Litecoin are bound for an upswing. At the moment, altcoins continue limping without any significant price movement. Meanwhile, Bitcoin is back above $10,000 and recently reached a 70 percent market dominance. Against the…

  • Bitcoin Cash miners cap blocks at 2MB—is BCH no better than BTC?

    Bitcoin Cash’s claim to fame is scaling via bigger 32MB blocks. Yet, it seems miners are limiting block sizes below 2MB—similar to Bitcoin‘s limit—raising questions about the advantages of BCH. Primer on the block size debate In August 2017, Bitcoin Cash forked from Bitcoin core after a coalition of developers, lead by Roger Ver, disagreed…

  • Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

    Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

    Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead. Also read: Crypto Can Boost Indian…