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US SEC Rejects Bitwise Bitcoin ETF Proposal

The United States SEC has rejected a proposal for a Bitcoin ETF from Bitwise Asset Management and NYSE Arca. The United States Securities and Exchange Commission (SEC) has rejected a proposal to list a Bitcoin (BTC) exchange-traded fund (ETF).In an announcement on Oct. 9, the Commission stated that the ETF filing from...

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Bitcoin Price Rallies to Touch $8,600 While Altcoins Follow

Bitcoin has rallied to touch $8,600, while major altcoins follow in its wake; Chainlink is seeing daily gains of almost 14%. Wednesday, Oct. 9 — Bitcoin (BTC) continues its rebound, jumping $400 in a few hours, while altcoins rally in sync with BTC.Cryptocurrency market daily overview. Source: Coin360The world’s most...

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Report: Blockchain Among Highest-Paying Industries in Canada

A report from the Canadian Digital Chamber of Commerce shows that salaries in the Canadian blockchain industry are among the best paid in the country. A recent report from the Canadian Digital Chamber of Commerce shows that salaries in the Canadian blockchain industry are amongst the highest in the country.Much...

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Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs

Jihan Wu, co-founder of leading ASIC miner producer Bitmain, announced two new series 17 Bitcoin mining machines. Leading Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new series 17 Bitcoin (BTC) mining machines in a blog post published on Oct. 9.Bitmain: higher efficiency and hashrateBitmain co-founder Jihan Wu announced...

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Price Analysis 09/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Bitcoin and select altcoins are showing signs of bottoming out. Can they start a new uptrend? Let’s study the charts. Grayscale director of sales and business development Rayhaneh Sharif-Askary said that institutional interest in the crypto space has been strong throughout this year. The second quarter inflow was $85 million...

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DCG Survey: Blockchain to Lead in Payments and Asset Tokenization

Digital Currency Group’s 2019 annual survey gives an insight into companies’ expectations regarding blockchain and cryptocurrency use cases. Almost 23% of Digital Currency Group (DCG)'s portfolio firms believe that asset tokenization will be the next major use case for blockchain. To prepare the survey, DCG received responses from more than...

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Binance Starts Accepting Fiat Currencies Through Alipay and WeChat

Major cryptocurrency exchange Binance has begun accepting fiat currencies through online payment service Alipay and mobile messaging and payment app WeChat. Major cryptocurrency exchange Binance has begun accepting fiat currencies through online payment service Alipay and mobile messaging and payment app WeChat, CEO Changpeng Zhao (CZ) confirmed in a tweet...

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Unwrapping the Ocean Plastic Conundrum Via Blockchain

Startups target poverty and waste from a blockchain platform. In September, Cointelegraph reported on a Dutch company said to have created the world’s first collection of recycled fabrics made from ocean plastics and whose provenance can be traced via blockchain.The premise is that socially minded consumers want assurance that they...

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Zuckerberg to Testify Before Congress Regarding Libra Stablecoin

Facebook CEO Marck Zuckerberg will testify before the House of Representatives Financial Services Committee on Oct. 23 regarding Libra. Facebook CEO Mark Zuckerberg will testify before the House of Representatives Financial Services Committee on Oct. 23 regarding the firm’s proposed Libra stablecoin project.On Oct. 9, Congresswoman Maxine Waters officially announced...

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U.S. IRS Releases Guidance on Crypto Airdrops and Hard Forks

The United States Internal Revenue Service has issued guidance on cryptocurrency hard forks and airdrops. The United States' federal tax service has issued guidelines for tax reporting regarding cryptocurrency airdrops and hard forks.In an announcement on Oct. 9, the U.S. Internal Revenue Service (IRS) announced the issuance of Revenue Ruling...

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