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A Bitcoin ETF Is Inevitable but Harmful, Says Andreas Antonopoulos - Toshi Times A Bitcoin ETF Is Inevitable but Harmful, Says Andreas Antonopoulos - Toshi Times
Outspoken bitcoin proponent and author Andreas Antonopoulos believes that it is only a matter of time before we see the introduction of crypto-backed ETFs (exchange-traded funds). However, unlike most crypto advocates, who are banking on the bitcoin ETF to revitalize the whole market, he is skeptical of the idea and especially in the long term. Speaking to CCN, Mr. Antonopoulos listed numerous drawbacks of a bitcoin ETF but ultimately it boils down to decentralization, a core principle in the crypto ecosystem. An ETF of bitcoin, ethereum or any other digital asset leads to pseudo decentralization, which is damaging to the crypto market over an extended period of time. While this may sound confusing, let us elaborate. This item was first found by us on January 06, 2019 6:33 PM. See toshitimes.com for more similar content.

Cryptocurrency Expert Says Bitcoin is Close to Bottoming, Good News Have Almost No Effect on Price - Toshi Times Cryptocurrency Expert Says Bitcoin is Close to Bottoming, Good News Have Almost No Effect on Price - Toshi Times
Bitcoin is supposedly ?close to bottoming?, according to fresh comments by Spencer Bogart, an expert from the blockchain and cryptocurrency venture firm Blockchain Capital. These recent comments came during Friday?s CNBC segment ?Fast Money?, in which he argued that Bitcoin?s gains in price against the US dollar during the past week could fuel further price increases. ?We?re down about 70 percent from our highs, so I think that Bitcoin is close to bottoming and so is the rest of the market,? Bogart noted in the segment. Moreover, Bogart went on to add that the steadily building flow of positive news regarding the cryptocurrency industry will serve as ?a piece of kindling that we are going to throw onto a future crypto bonfire when we have the next bull market?. This item was discovered by us on January 06, 2019 6:32 PM. Have a look at toshitimes.com for complete listings from this source.

Early Bitcoin, Uber and Airbnb Investor Explains What People Get Wrong About Bitcoin - Toshi Times Early Bitcoin, Uber and Airbnb Investor Explains What People Get Wrong About Bitcoin - Toshi Times
An independent investor, Jeffrey Wernick, has recently spoken to Business Insider, listing what he believes most people ?get wrong? about Bitcoin and cryptocurrencies. Wernick is a long-time Bitcoin proponent who first started investing in the cryptocurrency back in 2009. Wernick is no stranger to investing in nascent technologies. He has previously been an early investor in companies such as Uber and Airbnb, and he has worked at both Salomon Brothers and the National Bank of Detroit. Wernick argues that the abstract nature of both Bitcoin and cryptocurrencies, in general, makes it hard for people to easily grasp the concept. A contributing factor to this is that explanations for the cryptocurrency are oftentimes lacking. This post was first seen by us on January 06, 2019 6:31 PM. You may want to visit toshitimes.com for more from this source.

Russian Law Enforcement Seized 22 Bitcoin ATMs Across the Country, Following China's Model  - Toshi Times Russian Law Enforcement Seized 22 Bitcoin ATMs Across the Country, Following China's Model - Toshi Times
Russian police have seized 22 Bitcoin ATMs across Russia. The order was carried out on behalf of the Prosecutor?s Office for the Central Bank of Russia, and the owner of the ATMs, RBFpro, had all of their 22 Bitcoins ATMs seized. In an article on RBC, the head of BBFprom, Artem Bedarev, said that the law enforcement officials are interested in how the ATMs operate and things such as the exchange rate. In addition to that, they also look to see if the company has unpaid taxes, how users information is stored and if they are used for criminal purposes or to finance terrorism. Sarkis Darbinyan, BBFpros lawyer and also head of Center for the Defense of Digital Rights, said that the company has complied with all needed procedures and have paid their taxes. In addition to that, they also identify users even though that this is something that is not currently needed by law. Darbinyan also said that the company is looking to appeal the seizures, which includes losses in reputation and economic damage, the extent of which they are currently evaluating. This post was discovered by us on January 06, 2019 6:30 PM. You may want to visit toshitimes.com for more similar content.

Bakkt Revealed Their First Crypto Product - Physical Bitcoin Futures - Toshi Times Bakkt Revealed Their First Crypto Product - Physical Bitcoin Futures - Toshi Times
Bakkt, a regulated global ecosystem for digital assets, set for launch in November 2018, has announced its first product and an initial component of the ecosystem. It is going to be a physically delivered Bitcoin futures contract traded versus fiat currencies, namely USD, GBP, and EUR. The news was released on the official company?s twitter account. Our first contracts will be physically delivered Bitcoin futures contracts versus fiat currencies, including USD, GBP and EUR. For example, buying one USD/BTC futures contract will result in daily delivery of one Bitcoin into the customer?s account. This piece was first seen by us on January 06, 2019 6:29 PM. Check out toshitimes.com for complete listings from this source.

Stiglitz, Rogoff and Roubini: Bitcoin Will Fail Long-term After Governments Regulate - Toshi Times Stiglitz, Rogoff and Roubini: Bitcoin Will Fail Long-term After Governments Regulate - Toshi Times
Three of the world?s most prominent economists aired their views on bitcoin yesterday ? and they weren?t good. They believe bitcoin will fail long-term once governments really start to regulate the technology. But are they right? Let?s take a look at their arguments. Joseph Stiglitz, Nouriel Roubini and Kenneth Rogoff are three of the biggest names in global economics and all teach at top American universities. In conversation with Financial News yesterday, the three men mounted criticisms of bitcoin from a variety of angles. Stiglitz, a Columbia University professor and Nobel Prize-Winner, criticised bitcoin?s ?anonymity?, stating that it was a contradiction to its pledge of creating a ?transparent banking system?. He went on further to state that authorities have only allowed it to continue existing because the network?s current size is small enough not to pose a threat to the established financial system. This publication was first found by us on January 06, 2019 6:29 PM. See toshitimes.com for more similar content.

Bitcoin Has Proven To Be 300 Times Cheaper Than A Wire Transfer, Bank Takes 83% Profit - Toshi Times Bitcoin Has Proven To Be 300 Times Cheaper Than A Wire Transfer, Bank Takes 83% Profit - Toshi Times
Bitcoin has often been criticised for being too expensive, but according to Bank of America?s data, the bank charges $30 for outbound domestic wire transfers and $35 for outbound international sent in foreign currency which is 300 times more expensive than sending a transaction via the Bitcoin network. The American banks charge a lot of money for their transactions, especially since Fedwire, the official real-time gross settlement funds transfer system operated by the United States Federal Reserve Bank, allows banks to transfer funds and charges only $0,25 per transaction. Hence, banks, like Bank of America, are profiting $29,75 per transaction which adds up to a remarkable 83 % profit margin per transaction. This posting was found by us on January 06, 2019 6:28 PM. Have a look at toshitimes.com to find more similar content.

Binance s CEO Brushes Away the Bitcoin Price Drop Panic - Toshi Times Binance s CEO Brushes Away the Bitcoin Price Drop Panic - Toshi Times
The CEO of Binance, Changpeng Zhao popularly known in the crypto world as ?CZ? has calmed the worldwide panic of Bitcoin prices falling. He compared the whole alarm and movement to the crisis of Bitcoin in 2014. Binance as of now is the world?s largest cryptocurrency exchange by means of trading volumes and Bitcoin is the world?s largest cryptocurrency by market capitalization. Thus when the two most prominent in the industry are relating to each other, it usually means serious business. Hence Changpeng took to Twitter to post a graph and illustrating that the patterns of historical data of Bitcoin are similar each year. This posting was found by us on January 06, 2019 6:28 PM. Browse toshitimes.com for more from this source.

Cryptocurrency Mining Accepted in Iran, Bitcoin to Iranian Rial Nears All-Time High - Toshi Times Cryptocurrency Mining Accepted in Iran, Bitcoin to Iranian Rial Nears All-Time High - Toshi Times
According to the Iranian news agency IBENA, the Secretary of Iran?s so-called Supreme Cyberspace Council has recently announced that the nation is now allowing cryptocurrency mining as a legitimate industry. More specifically, the aforementioned secretary ? Abolhassan Firoozabadi ? is cited as noting that cryptocurrencies such as Bitcoin are now approved by major governmental agencies as a recognized industry. According to Firoozabadi, the ?major agencies? that have now recognized cryptocurrency mining as a legitimate business endeavor are the Iranian Ministry of Information and Communications Technology, the nation?s central bank, the Ministry of Industry, Mining and Trade, the Ministry of Energy, and the Ministry of Economic Affairs and Finance. This posting was first seen by us on January 06, 2019 6:28 PM. Have a look at toshitimes.com to find more similar content.

SEC Rejects Winklevoss Twins Backed Bitcoin ETF - Toshi Times SEC Rejects Winklevoss Twins Backed Bitcoin ETF - Toshi Times
The US Securities and Exchange Commission has just rejected a proposal for the world?s first exchange-traded Bitcoin fund (ETF) from the Winklevoss twins. This comes amid bullish Bitcoin sentiment which is partly believed to have stemmed from expectations that the SEC could soon approve a similar ETF. This news comes from CNBC, which reports that the SEC cited safety concerns in its rejection of the Winklevoss-backed ETF. More specifically, the SEC is said to have disagreed with the Winklevoss? assertion that Bitcoin markets and by extension the Gemini Exchange would be ?uniquely resistant to manipulation?. This post was discovered by us on January 06, 2019 6:27 PM. See toshitimes.com for more from this source.

Is this BTC + LN --- "Economics of Bitcoin as a Settlement Network"
First published on The Saif House As Bitcoin?s popularity continues to increase, its transaction fees rise as well, leading to the customary chorus of doom and gloom by those still stuck in stage 1 of dealing with Bitcoin grief. With average transaction fees exceeding $2, the doom-mongers assure us Bitcoin is doomed, because nobody wants to pay $2 to make a payment, when credit cards, paypal, and many other options charge far less transaction costs. The problem here, as usual, is not with Bitcoin, but with people?s misunderstanding of Bitcoin, and the first clue to that can be found in the sky-rocketing price: if Bitcoin is so doomed, why are people still buying it? The answer is that Bitcoin?s value proposition is not in making the small consumer purchases, but in making large and important payments, particularly across borders. Payments in person, for small amounts, can be conducted in a wide variety of options: physical cash, barter, favors, credit cards, bank checks, and so on. Payments across the world, however, are a very different story. This entry was discovered by us on January 06, 2019 6:26 PM. Have a look at nakamotoinstitute.org for more.

8,200 Bitcoins from Mt. Gox Wallet Moved in the Last 24 Hours - Price Decline - Toshi Times 8,200 Bitcoins from Mt. Gox Wallet Moved in the Last 24 Hours - Price Decline - Toshi Times
Cryptocurrency exchanges have seen thousands of Bitcoin dumped on the open market in the past week, seemingly originating from the Mt. Gox wallet. This type of cryptocurrency sell-off can severely impact the market price of the coins and is potentially only the beginning ? as the Mt. Gox wallet still has a massive amount of Bitcoin left to offload. Following the bankruptcy of the cryptocurrency exchange, a trustee was put in charge of disposing of the approximately 200,000 Bitcoin which were still in the firm?s possession. It would seem that a portion of this has now been sold off, as four of the Mt. Gox trustee?s wallets have recently realized a grand total of 8,000 Bitcoin during less than 24 hours. However, although a significant amount on its own, this represents less than 5% of the 200,000 BTC that Japanese authorities ordered the Mt. Gox trustee to convert into Japanese yen. This entry was discovered by us on January 06, 2019 6:26 PM. You may want to visit toshitimes.com for complete listings from this source.

Crypto Investor Brian Kelly Says Bitcoin Cash is a Must-Own - Toshi Times Crypto Investor Brian Kelly Says Bitcoin Cash is a Must-Own - Toshi Times
CEO of the cryptocurrency investment company BKCM LLC and an outspoken advocate of digital currencies Brian Kelly expressed a bullish sentiment on Bitcoin Cash (BCH) while speaking on CNBC. In a short segment in the Fast Money show, Mr. Kelly showered BCH with continuous praise and explained why it is a cryptocurrency he is willing to buy and hold. The explanation is two-fold and really straightforward. The first part of it is that BCH has outperformed other major virtual currencies such as bitcoin, ripple or ethereum in the last month. That is indeed correct as its value has doubled since the low of almost $600 in mid-April. This information was first found by us on January 06, 2019 6:25 PM. See toshitimes.com for additional posts.

Bitcoin Sidechains Testnet, Smart Contracts and Scalability with Bitcoin  - Toshi Times Bitcoin Sidechains Testnet, Smart Contracts and Scalability with Bitcoin - Toshi Times
A proposal was earlier made to expand the capabilities of Bitcoin to match other cryptocurrencies. The proposal stated that Bitcoin would add vast new features to its limited supply of cryptocurrency and the best part, it has arrived on testnet. Paul Sztorc, the director of research at start-up Tierion, announced yesterday, September 24th, that a test version of the code is to be announced. Even though this is a major step for Bitcoin, it was three years ago the idea was first received, in November 2015. Momentum has now been built from that proposal and is perhaps the best way to introduce sidechains on Bitcoin. This posting was first seen by us on January 06, 2019 6:23 PM. Browse toshitimes.com for additional posts.

Gallup Poll Shows Far More Investors Interested in Bitcoin Than Own It - Toshi Times Gallup Poll Shows Far More Investors Interested in Bitcoin Than Own It - Toshi Times
A recent Wells Fargo/Gallup poll has found that whilst a comparatively small percentage of US adults currently own Bitcoin, a significant portion of investors are intrigued by the cryptocurrency. More specifically, a mere 2% of the interviewed investors reported that they own Bitcoin at this point in time, and an abysmal less than 0.5% plan to buy Bitcoin in ?the near future?. Nonetheless, a substantial 26% of investors report that they are ?intrigued? by Bitcoin ? although these also will probably not ?be buying it anytime soon?. The vast majority of investors, 72%, stated that they ?have no interest in ever buying Bitcoin?. This article was retrieved by us on January 06, 2019 6:23 PM. Visit toshitimes.com for additional posts.

Get Onboard Bitcoin Before US Debt Leaves Fiat Worthless: Kim Dotcom - Toshi Times Get Onboard Bitcoin Before US Debt Leaves Fiat Worthless: Kim Dotcom - Toshi Times
Kim Dotcom, the Finnish-German internet pirate or freedom-fighter (depending on your politics), has issued a warning to all people to buy bitcoin or risk losing everything once the debt-fueled US economy collapses. The bitcoin price is at a three-month floor at the moment but that might be very convenient for anyone who heeds the warnings of Kim Dotcom. Dotcom is a long-time bitcoin proponent and issued a further warning over Twitter on August 9th of the dire consequences of putting faith in the dollar long-term. He is advocating that everyone should hold some bitcoin if they hope to have any savings left after an inevitable US economic collapse. This data was found by us on January 06, 2019 6:22 PM. Browse toshitimes.com to find more similar content.

Bitcoin Might Reach a Trillion-dollar Market Cap with a Price of $58 000 if ETF is Approved - Toshi Times Bitcoin Might Reach a Trillion-dollar Market Cap with a Price of $58 000 if ETF is Approved - Toshi Times
In an article on medium, Karim Heiden, a business developer with over 27 years of experience in the Commodity and Forex markets, is predicting a one-trillion-dollar market cap if the Bitcoin ETF is approved. One of the main points Heiden points to is the benefits of insurance for investors when the ETF is approved. When investors no longer have to buy real Bitcoins, with all the added risks it brings, the risk for investors is lowered. This is something that many, especially high net-worth individuals are looking for. At first, the ETF will be rejected which will ?shake out the weak hands? and push down the price even more, but this he says is a good opportunity for people that want to get in cheap. He thinks that a Bitcoin ETF is inevitable, but he believes that before it is approved, the price of Bitcoin will be manipulated and have a lot of volatility. This piece was first found by us on January 06, 2019 6:22 PM. Visit toshitimes.com for more similar content.

Documentary: Girl Lives in China for 21 Days With Only 0.21 Bitcoin - Toshi Times Documentary: Girl Lives in China for 21 Days With Only 0.21 Bitcoin - Toshi Times
Many countries around the world are increasingly moving towards becoming cashless societies, through the advent of NFC payments and nearly ubiquitous adoption of credit cards. A new Chinese documentary, however, is looking at how it is to survive exclusively through the use of Bitcoin. More specifically, the documentary ?Bitcoin Girl? follows a young woman from the coastal province Fujian who tries to not only survive but thrive on 0.21 Bitcoin, roughly $1,400 at the start of the experiment, over a period of 21 days. The woman is referred to by her online identity ?He Youbing?, which roughly translates to as ?having a disease? ? a nickname she has earned through her enthusiasm for the cryptocurrency. This piece was retrieved by us on January 06, 2019 6:21 PM. Have a look at toshitimes.com for more similar content.

Bitfury Debuts a New Generation Bitcoin Mining Chip - Toshi Times Bitfury Debuts a New Generation Bitcoin Mining Chip - Toshi Times
The crypto mining industry has seen the one company dominance for quite some time, as Bitmain commands around 70 percent of the global market for BTC mining solutions. However, with the mining giant currently preparing for its IPO, other players are trying to raise the competition and earn their slice of the pie. Bitfury Group has launched a new and more efficient bitcoin mining hardware, according to the official blog post by the company. The application-specific integrated circuit chip, labeled Bitfury Clarke, ?offers the strongest performance characteristics among bitcoin mining chips and is unparalleled in performance and efficiency?, says the official announcement. This data was first found by us on January 06, 2019 6:21 PM. Visit toshitimes.com for more from this source.

Bitcoin Cash Fork Renamed  Bitcoin Core  Seemingly To Cause Maximum Confusion - Toshi Times Bitcoin Cash Fork Renamed Bitcoin Core Seemingly To Cause Maximum Confusion - Toshi Times
Bitcoin Core is a term often used by Bitcoin Cash enthusiasts concerning Bitcoin, the most popular cryptocurrency in the world. Bitcoin Cash and Bitcoin can be confusing in their own right, however, this confusion is being added to by a new Bitcoin Cash offshoot called ?Bitcoin Core? ? the same name used by some in relation to the widely adopted Bitcoin (BTC) cryptocurrency. Some are voicing suspicions that this might all be part of an elaborate trolling attempt, although it is currently unclear whether or not this new Bitcoin Cash is a mere hoax. A brief history is needed to accurately understand the differences between Bitcoin Cash and Bitcoin ?Core?. The 1st of August 2017 saw a hard fork of Bitcoin, which separated Bitcoin into Bitcoin (BTC) and Bitcoin Cash (BCH). However, some Bitcoin Cash proponents (such as most notably, Roger Ver) have taken to referring to Bitcoin (BTC) as ?Bitcoin Core?, due to their beliefs that Bitcoin Cash should be regarded as the ?real Bitcoin?. Bitcoin Cash followers tend to disagree with the course that BTC has taken, arguing that Bitcoin Cash is instead following ?the true vision? of Satoshi Nakamoto, the founder of Bitcoin. This information was first seen by us on January 06, 2019 6:18 PM. Check out toshitimes.com for more similar content.

Localbitcoins.com is Illegally Holding a Users 9.3 Bitcoin on Localbitcoins.com is Illegally Holding a Users 9.3 Bitcoin on "escrow" Since May 2015 - Toshi Times
According to a Reddit post, a user was scammed by the user BTC-OTC on Localbitcoins.com The user has been banned a while back, but the problem is that the 9.3 BTC that were stolen, is frozen by Loacabitcoins. The funds have been frozen since May 2015. The user BTC-OTC scammed this, and several other users using a bank transfer chargeback. The trader was very reputable at the time on Localbitcoins. According to crlxzzz, the user on Reddit, he filed a complaint to Localbitcoins.com which lead to the closure of BTC-OTC?s account and the funds being locked. In the beginning, the news was good from Localibitcoins staff; This publication was retrieved by us on January 06, 2019 6:16 PM. Browse toshitimes.com for more from this source.

What do you guys think of BitcoinHEX  - ALT COINS - Toshi Times Community What do you guys think of BitcoinHEX - ALT COINS - Toshi Times Community
Hello guys, As some of you already know, there is a new token coming out called BitcoinHEX, it is a project of Richard Heart and i find it interesting, i?ll post the link of the github repo so you guys can see the contract and discuss. Bitcoin fork on Ethereum with trustless interest. BitcoinHEX has 2 repositories available. Follow their code on GitHub. If the project works as Richard Heart sells it, there should be no risk if one decides to be a part of it and because im skeptical about how the contract could work and i dont see people talking about it, i decided to open this Topic and i encourage you guys to read the code and comment if you see something interesting, weird or fishy. This piece was discovered by us on January 06, 2019 6:16 PM. Check out forum.toshitimes.com for more similar content.

 Wolf of Wall Street  Jordan Belfort States that the Bitcoin Market Has  Run out of Fools  - Toshi Times Wolf of Wall Street Jordan Belfort States that the Bitcoin Market Has Run out of Fools - Toshi Times
Jordan Belfort, popularly known as the real-life ?Wolf of Wall Street?, has previously proved that he is not afraid to make controversial statements. He?s at it again yesterday, stating in a new video that the current cryptocurrency market sentiment is ?the beginning of the end? for Bitcoin. More specifically, Belfort refers to a ?greater fools theory? in his video, this being an investment theory hypothesizing that the price of any security can be justified if a rational buyer is ?foolish? enough to believe that another party might pay a higher price for it, regardless of its intrinsic value. Belfort also compared the current market sentiment in relation to Bitcoin prices to the Great Recession of 2008, where investors could not find willing buyers for defunct portage-backed securities ? something he argued could now transpire with Bitcoin. This piece was retrieved by us on January 06, 2019 6:15 PM. Check out toshitimes.com for additional posts.

Swiss Researchers Expect Bitcoin Market Value to Drop Significantly in 2018 - Toshi Times Swiss Researchers Expect Bitcoin Market Value to Drop Significantly in 2018 - Toshi Times
 According to a recent research, conducted by Didier Sornette and Spencer Wheatley, professors of entrepreneurial risk at ETH Zurich, bitcoin?s (BTC) market value, which currently floats around $124b will be slashed by 37% to approximately $77b by the end of 2018. The research was based on Metcalfe?s law, which is a theory crafted by the Ethernet founder Bob Metcalfe in the 1980s. The law states that the value of a network is proportional to the square of its users. This leads to a conclusion that the cryptocurrency is strongly overvalued. The researchers have looked into historical data for further proof and found four bitcoin bubbles that correspond to the model. Triggers for the bubbles range from the hack of the now-defunct exchange Mt. Gox to threats of South Korean regulatory bodies to shut down crypto exchanges in the country altogether. This information was first found by us on January 06, 2019 6:15 PM. Browse toshitimes.com for more.

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Hedge Fund Billionaire Marc Lasry Positive about Bitcoin touching $40,000 - Toshi Times Hedge Fund Billionaire Marc Lasry Positive about Bitcoin touching $40,000 - Toshi Times
Marc Lasry, the co-founder of Avenue Capital Group, has positively commended Bitcoin?s price on CNBC on July 18th. His expectations are of Bitcoin reaching $40,000 sooner than later. Marc Lasry a billionaire born in Morocco is an American hedge fund manager who is the CEO of Avenue Capital Group and the co-owner of the famous NBA basket team Milwaukee Bucks. In the interview on CNBC?s Squawk Box show, Lasry spoke about cryptocurrencies ease of trading thanks to it being more mainstream. He said, ?As it gets more into the mainstream, and as more markets end up allowing it to trade where it?s freely tradable, to me that?s more of the bet.? This publication was obtained by us on January 06, 2019 6:13 PM. Check out toshitimes.com for more.

Bitcoin News: 36% Of The Total Bitcoin In Circulation Lost And 23% Held By Speculators - Toshi Times Bitcoin News: 36% Of The Total Bitcoin In Circulation Lost And 23% Held By Speculators - Toshi Times
Two research firms have released convincing data on the state of the top coin, Bitcoin. A report from Chainalysis reveals that 36% of BTC in circulation is lost, likely lost or unmined. Speculators hold 22% while a steady number of 30% are investors. A few months ago, Chainalysis revealed news about the BTC money supply. They found that long-term investors sold around $24 billion of Bitcoin to new speculators between December 2017 and April 2018, and half of the selling happened during December. When those who once held a financial product sell, the price falls and can do so dramatically, which we saw earlier this year. This entry was first found by us on January 06, 2019 6:13 PM. Visit toshitimes.com for more similar content.

SEC Rejects Bitcoin ETFs Because Applicants Do Not Fit The Industry Norm - Toshi Times SEC Rejects Bitcoin ETFs Because Applicants Do Not Fit The Industry Norm - Toshi Times
According to the CEO of the crypto, payment startup Abra, the US Security and Exchange Commision (SEC) rejects ETFs because the crypto industry does not fit the applicant archetype. It seems like the Bitcoin ETF is a never-ending story. Many have applied but have not gotten an ETF approved yet. Two weeks ago, the SEC rejected 9 ETF applications with the motivation that the ETFs need to be designed to prevent fraudulent and manipulative acts and practices, which the currents ETF applications have not. However, within the SEC, some commissioners do not agree with the decision. Hester M. Peirce announced after the decision of rejecting the Winklevoss twins ETF applications. She said that the Commission?s decision ?undermines investor protection by precluding greater institutionalization of the Bitcoin market?. This piece was discovered by us on January 06, 2019 6:12 PM. You may want to visit toshitimes.com for more.

Will Bitcoin Bottom to $5,000 Before Springing All the Way to $50,000 This Fall  - Toshi Times Will Bitcoin Bottom to $5,000 Before Springing All the Way to $50,000 This Fall - Toshi Times
A few weeks ago, hedge fund billionaire Marc Lasry, said that Bitcoin might reach $40,000. Sooner rather than later. TenX founder Julian Hosp predicted Bitcoin to touch $60,000 by the end of 2018. Recently, Karim Heiden, predicted a one-trillion-dollar market with a Bitcoin price of $58,000, if an ETF is approved. Even though many billionaires and experts have made these predictions the question remains, has Bitcoin bottomed or will it go lower before the next bull run begins? I the end of July, Arthur Hayes who is the co-founder and CEO of the cryptocurrency exchange BitMex, said that Bitcoin could bottom around $5,000 before starting its rally to potentially $50,000. He explained that the price could rally to between $8,000 ? $10,000 before falling again and that scenario has played out well, by looking at the Bitcoins price action the recent month. The market could heat up in Q3 and Q4 according to Hayes. This share was retrieved by us on January 06, 2019 6:11 PM. Check out toshitimes.com for complete listings from this source.

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