🗞 BITCOIN ETFs 🗞
👉How will the upcoming decisions regarding pending Bitcoin ETFs effect Bitcoin & the market?
Without a doubt, the approval of a Bitcoin ETF would be a bullish signal. If ProShares goes through tomorrow, there's a good chance the bear market will end. That being said, we believe there is less than a 20% chance of that actually happening.
If none of the pending ETFs get approved this year, it is no cause for concern. It's all perspective. Think about it - Bitcoin is up 80%+ year-on-year and from a macro perspective, is doing very well. Given that Bitcoin is still such an early-stage venture type asset, the case can be made that it needs to see growth through hedge funds first.
A little history: the last asset class to get approved for ETF certification was copper. Copper has been used for thousands of years. It was just approved in 2012 after a long and arduous multi-year process. The first Bitcoin ETF submission to the SEC was just under a year ago.
We believe Bitcoin ETFs still have quite a ways to go. The industry is young. We live in such a fast-paced world that we forget what it means to have patience. Don't let twitter shills fool you into thinking a potential rejection of all of these ETFs is a big blow to Bitcoin and the cryptospace. It's not.
👉How will the upcoming decisions regarding pending Bitcoin ETFs effect Bitcoin & the market?
Without a doubt, the approval of a Bitcoin ETF would be a bullish signal. If ProShares goes through tomorrow, there's a good chance the bear market will end. That being said, we believe there is less than a 20% chance of that actually happening.
If none of the pending ETFs get approved this year, it is no cause for concern. It's all perspective. Think about it - Bitcoin is up 80%+ year-on-year and from a macro perspective, is doing very well. Given that Bitcoin is still such an early-stage venture type asset, the case can be made that it needs to see growth through hedge funds first.
A little history: the last asset class to get approved for ETF certification was copper. Copper has been used for thousands of years. It was just approved in 2012 after a long and arduous multi-year process. The first Bitcoin ETF submission to the SEC was just under a year ago.
We believe Bitcoin ETFs still have quite a ways to go. The industry is young. We live in such a fast-paced world that we forget what it means to have patience. Don't let twitter shills fool you into thinking a potential rejection of all of these ETFs is a big blow to Bitcoin and the cryptospace. It's not.
🇨🇳 Authorities will block access in China to 124 websites operated by offshore cryptocurrency exchanges that provide trading services to citizens on the mainland as part of the government’s broader crackdown on activities related to digital money.
according to Shanghai Securities News, a newspaper affiliated with the country’s financial and markets regulators.
according to Shanghai Securities News, a newspaper affiliated with the country’s financial and markets regulators.
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Arthur Hayes vs BitMEX Trader
America first GOLD ETF GLD was not backed by futures (but could been).
It was backed by gold.
therefore hence;
BTC first ETF will not be backed by futures, it will be backed by real BTC.
ETF based on futures offers no additional benefit, an instrument over another instrument
It was backed by gold.
therefore hence;
BTC first ETF will not be backed by futures, it will be backed by real BTC.
ETF based on futures offers no additional benefit, an instrument over another instrument
https://telegra.ph/Chromawa-Uncut---The-REAL-Story-Balina-Caught-Pooling-25M-USD-Godenzi-Fired-CTO-confirms-cashgrab-08-26
Chromaway Uncut - The REAL Story; Balina Caught Pooling 2.5M USD, Godenzi Fired, CTO confirms cashgrab.!
Chromaway Uncut - The REAL Story; Balina Caught Pooling 2.5M USD, Godenzi Fired, CTO confirms cashgrab.!
Telegraph
WAZUP
https://coub.com/view/uqbcc
Deep Dive Into Bitmain's Business.
https://samsonmow.com/bitmain-ipo-and-technical-challenges/amp/?__twitter_impression=true
https://samsonmow.com/bitmain-ipo-and-technical-challenges/amp/?__twitter_impression=true
THE LION'S DEN
Bitmain: IPO and Technical Challenges
During the market’s best two years, Bitmain did not roll out any new chips or new mining machines to update its core Bitcoin mining product line, which can be fatal for a chip company in this fast-…
https://medium.com/neon-exchange/neon-exchange-ico-starts-september-3rd-92ea22a96669
One of the most anticipated ICO of 2018😘
Neon Exchange token sale: 1 NEX = $1 (NEO & GAS will be accepted) Round 1 - Sep 3, the 1st block after 18:00 UTC, max $1,000 Round 2 - Sep 10, the 1st block after 18:00 UTC, max $9,000
One of the most anticipated ICO of 2018😘
Neon Exchange token sale: 1 NEX = $1 (NEO & GAS will be accepted) Round 1 - Sep 3, the 1st block after 18:00 UTC, max $1,000 Round 2 - Sep 10, the 1st block after 18:00 UTC, max $9,000
Medium
Neon Exchange ICO starts September 3rd
The NEX team is excited to announce that the token sale is one week away! We have received regulatory approval from the Financial Market…
https://medium.com/@suyogpagar/koreas-2nd-biggest-crypto-exchange-resumes-user-registrations-as-market-improves-bab0048a91a1
"The resumption of registration will lead to an influx of capital in the crypto exchange market of South Korea, as new investors that have previously been unable to trade will now be able to access Bithumb and its liquidity."😇
"The resumption of registration will lead to an influx of capital in the crypto exchange market of South Korea, as new investors that have previously been unable to trade will now be able to access Bithumb and its liquidity."😇
Medium
Korea’s 2nd-Biggest Crypto Exchange Resumes User Registrations as Market Improves
Bithumb, South Korea’s second-biggest crypto exchange by daily trading volume behind UPbit, will officially resume registrations for new…