#Blockchain Bitcoin ETF: All you need to know. Published 4 months ago on August 8, 2018 By Coinnounce - Coin Announcements Share Tweet Understanding Bitcoin ETFs and its current market conditions. Opening words With cryptocurrencies being in the spotlight for so many years, it has given rise to a number of other related financial fields like Initial Coin Offering and Bitcoin ETF or Exchange Traded Funds. Due to the highly volatile behavior of the Cryptocurrencies, many investors around the world are quite speculative and hence backed out from investing in them. While lack of the crypto regulation in many countries, has taken people back in investing in them, some them are opting to stay away during to more regulations on them. People don’t seem to be content with the current suite of more than 1500 types of cryptocurrencies and need a stable counterpart of it, on the stock market to obtain a similar feeling of trading any normal asset apart from the cryptocurrencies. Bitcoin ETFs Bitcoin ETF is an Exchange Traded Fund which is nothing but shares to be traded and backed by Bitcoin, whose price fluctuations would be dependent on the price of Bitcoin itself. In simple words, Bitcoin ETF is nothing but a stock market counterpart of the cryptocurrency market which will open up opportunities for many institutional investors as well as a venture capitalist to come forward and take part in investments. It is even considered to be an innovative way to open up opportunities for the more number of people. Below are some insights with respect to Bitcoin ETF. Bitcoin ETF is like shares backed by the cryptocurrency Bitcoin, which has invariably attracted global investments. Assets like Gold, Silver, Oil, etc are traded through ETFs aka Exchange Traded Funds. It is even considered to be an indirect method of purchasing the cryptocurrency Bitcoin. Investing in the Bitcoin ETF is one of the safest methods to shell out profits from them. In the recent days, a number of proposals have been put forth before the SEC, to give them a green signal so that they can be traced on the stock exchanges. Specifically, Solidx Shares Bitcoin ETF along with Direxion Long and Short Bitcoin ETF are the Bitcoin ETFs which are put forth for the proposal before the SEC to get listed on the New York Stock Exchange (NYSE) along with Chicago Board Options Exchange (CBOE). Decision date for Solidx Shares Bitcoin ETF by the SEC is on 10th August and for Direxion Long and Short Bitcoin ETF, the deadline was extended to September. This consideration of approval of Bitcoin ETF by the Securities And Exchange Commission is not an easy task, hence it is highly probable that they might postpone both the initiatives, in order to gain maximum time for their decision. The initiative has attracted huge support from the major investors and venture capitalist apart from the community members. If at all the ETF are given a green signal, they would be coming into existence, not before January 2019. The reason being that a number of other proposals need to be filed which would take up a lot of time. It is noteworthy that CBOE was also the first exchange to initiate Bitcoin Futures in its portfolio. Therefore, even this action is highly affecting the prices. This is considered to be a positive sign in the cryptocurrency space as it is indirectly a regulated form of cryptocurrency. This is even supported by the fact that JP Morgan and Chase Bank, joined the community after the Initiation of Bitcoin Futures. One must be very careful in this hot cryptocurrency field as it is self-evident that anything which is Hot at last turns cold once it reaches its saturation levels. Conclusion Each and every single person on the cryptocurrency platform is looking forward for the decision of the Securities and Exchange Commission regarding the Bitcoin ETF which has created a lot of commotion in the highly volatile cryptocurrency market. The recent decision, to postpone might be the reason for the Bitcoin fall which indirectly has rendered the altcoins to experience a bearish trend. Related Topics:BitcoinBitcoin backedbitcoin blockchainbitcoin cryptocurrencyBitcoin ETFBitcoin ETF explainedBitcoin ETFsbitcoin exchangeBitcoin exchange traded fundsBitcoin fundsBitcoin futuresBitcoin SECBitcoin SharesBitcoin stock exchangeBitcoin stocksbitcoin tradingBTC ETFbuy bitcoinCBOEChicago Board Options ExchangecryptocurrencyLong Bitcoin ETFNew York Stock ExchangeNYSESECSecurities and Exchange CommissionShort Bitcoin ETFStock exchange Up Next Ethereum Price Analysis: ETH/USD Correction in progress, 9th August. Don't Miss Monero vs Zcash. Full Analysis Continue Reading You may like Cryptocurrency Market Update: Bitcoin falling to $2500? Bitcoin drops to $3200. $2500 next for BTC? Zebpay moves to Europe leaving behind India Samsung Galaxy S10 with Cryptocurrency Cold Storage. When will Bitcoin return to overcome 2017 highs? Bitcoin miners going bankrupt Bitcoin Whale Alert: 20157 BTC transferred to Bitfinex 7 Comments 7 Comments Pingback: Bitcoin ETF: All you need to know. – The Coinage Times Pingback: A mastermind’s guide to How to invest in Litecoin safely. | Coin Crypto Rama Pingback: Ripple Price Analysis: XRP/USD trekking higher, 27 August. - Coins News Update Pingback: Ripple Price Analysis: XRP/USD trekking higher, 27 August. | Coin Crypto Rama Pingback: Ripple Price Analysis: XRP/USD trekking higher, 27 August. | Bitcoin Daily Pingback: Ripple Price Analysis: XRP/USD gaining pace. | Bitcoin Daily Pingback: Bitcoin BTC ETF 101, October 2018 – Coinance: Bitcoin, Ethereum, Blockchain & Cryptocurrency News Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website #Blockchain Can France become the Blockchain Nation? Published 15 hours ago on December 14, 2018 By Layla Harding French MPs have recently put our a proposal trying to make France become the Blockchain Nation. This is a raft of 20 different proposals all aimed at trying to make France the number 1 Blockchain Nation specifically citing that they do not want to miss the train on this like they did the internet. MPs in France are proposing to have a 500 million euro investment fund in order to stimulate the blockchain industry in France. They are focusing on trying to get public institutions to get into blockchain. The proposals include the Central Bank of France issuing their own cryptocurrency and providing subsidies for cryptocurrency miners. Recently we did have legislation coming out of France that they want to make it much easier to have ICOs in France. They are aiming to attract teams from all over the world o come to France and have their ICOs. Writers thoughts: The central bank of different nations are planning to issue their own crypto assets but it recreates the problem that we are trying to solve with cryptocurrencies. Giving subsidies to cryptocurrency miners is not actually good for the crypto community as the mining industry should remain competitive. The government of different nations should not be giving them preferential energy rates especially in France where it is mostly a nuclear-powered nation. Setting up a legal framework for ICOs is exactly what is needed in terms of regulation. Along with all of this, there is also a formal taxation policy which is coming up in France and all of this coming together is quite awesome. This is regulatory clarity and this is what a lot of companies and institutions are desperately asking for. This is the main reason why more and more companies are moving to nations such as Malta, Japan, and Switzerland as they have regulatory certainty. France which is one of the world’s biggest economies is hopping on board with the new proposals, the recent announcements about ICOs, taxation, tobacco shops to sell bitcoin from next year and recently setting up something called the ‘Mediterranean Seven’ which includes Spain, Portugal, Cyprus, Italy and Greece led by France with the mission to improve education in usage of blockchain technology in industries such as healthcare, transport, land, company registry, shipping and much more. What are your thoughts on the above? Tell us in the comments section below. Continue Reading #Blockchain Blockchain and Oil Industry: IBM partners with ABNOC Published 4 days ago on December 11, 2018 By Janet F. Sanchez IBM is teaming up with the Abu Dhabi National Oil Company or ABNOC to create a blockchain supply chain system. The blockchain solution is currently only in its pilot phase but this is no small announcement for ADNOC as ADNOC has a daily output of about 3 million barrels of oil in 10.5 billion cubic feet of natural gas. ADNOC’s digital unit manager had the following to say about the blockchain pilot: “Blockchain is a game changer. It will substantially reduce our operating costs by eliminating time-consuming and labor-intensive processes. It will strengthen the marketing and trading of our products and create long-term sustainable value.” Blockchain for Oil The blockchain solution will also enable the ability to track every molecule of oil and its value from well to the customer. Also reducing the time to execute transactions between ADNOC’s operating companies and increase operational efficiencies and provide even greater transparency to the industry. The blockchain solution will surely increase the revenue for ADNOC and it may increase the efficiency of delivery and hopefully reduce waste. The oil industry is currently attempting to extract a little bit more wealth before the renewable revolution takes place. But even though we have a boom in renewables, the infrastructure is lacking in many places globally and oil is here to stay with us at least for some time in the coming future. This is the first oil blockchain solution which will surely attract more oil blockchain solutions in the coming future. The third industrial revolution will surely be not an oil-based revolution. The renewable revolution will basically be unstoppable. What do you think about the future of blockchain and oil industry? Tell us in the comments section below. Continue Reading #Bitcoin CoinMarketCap is now on Telegram and very community-driven Published 2 weeks ago on December 2, 2018 By Joyce Lang CoinMarketCap, a platform that has been serving the cryptocurrency community since 2013, now has an official Telegram group to educate the community about latest happenings in the world of cryptocurrency & blockchain with market updates, relevant news, and educational content. CoinMarketCap CoinMarketCap is the most used websites amongst the crypto enthusiasts, having a great user experience. The platform provides a comprehensive breakdown of the current price of more than 2000 cryptocurrencies in the market. The price is calculated by averaging the prices of top cryptocurrency exchanges weighted by volume. CoinMarketCap offers essential data such as historical price charts, coin information, ranking, the market capitalization of each cryptocurrency, circulating supply along with the 24-hour volume for the millions of cryptocurrency enthusiasts. CoinMarketCap for Traders CoinMarketCap is also an excellent tool for traders for viewing the hourly, 24 hours or 7-day percentage change of a particular coin. The information on the platform is updated in real time. CoinMarketCap fetches real-time data from top cryptocurrency exchanges and ranks the top 100 exchanges for traders to choose from and decide which one is the best suitable for them. In summary, CoinMarketCap can be called a solution for all cryptocurrency related data that anyone needs for investing, trading or understanding cryptocurrencies. CoinMarketCap now offers a pro API plan which provides more robust data endpoints for subscribers. CoinMarketCap Community Group CoinMarketCap has recently announced the launch of their official Telegram group which aims at connecting the entire crypto community with market updates, relevant news, and educational content. It’s also a great space to bond, share and learn about crypto related topics with the peers in the community. How do you join the group? To join, simply download Telegram Messenger onto your mobile phone or desktop. Telegram Messenger also works on the web: https://web.telegram.org. Once you have successfully registered on Telegram, you can search “CoinMarketCap Community” in the search bar. Users can also click on the following link to join the group instantly: https://t.me/CoinMarketCap CoinMarketCap Chat Bot CoinMarketCap also has an interactive chatbot: @CoinMarketCapBot which will allow you to have an interactive experience through choosing your own adventure on market updates, latest cryptocurrency news, and educational content. This is a great new way of receiving quick updates in the crypto market. The whole thing only takes a few minutes and the interaction with its sassy bot is not only informative but also quite entertaining! Continue Reading Advertisement Advertisement Latest Crypto News #Bitcoin9 hours ago Cryptocurrency Market Update: Bitcoin falling to $2500? #Blockchain15 hours ago Can France become the Blockchain Nation? #Ethereum1 day ago Do We Really Want To Tokenize Everything? And Can We? #Bitcoin Cash Price Analysis1 day ago Bitcoin Cash falling to 0? Is BCH worthless? #Rumor1 day ago Rumor: Softbank selling its Nvidia Shares. Losing hope in crypto #Bitcoin Price Analysis2 days ago Bitcoin drops to $3200. $2500 next for BTC? #Exchange2 days ago Zebpay moves to Europe leaving behind India #Wallet3 days ago Samsung Galaxy S10 with Cryptocurrency Cold Storage. #Bitcoin3 days ago When will Bitcoin return to overcome 2017 highs? Bitcoin miners going bankrupt #Ripple Price Analysis3 days ago Ripple Price Analysis: Will XRP recover? #Exchange3 days ago Is BitMEX trading against their customers? Foul play at BitMEX? #Bitcoin3 days ago Bitcoin Whale Alert: 20157 BTC transferred to Bitfinex #Bitcoin3 days ago Bitcoin to be completely illegal in India? Panel submits report. #Bitcoin Price Analysis3 days ago Bitcoin Price Analysis: Will BTC fall below $3000? #Blockchain4 days ago Blockchain and Oil Industry: IBM partners with ABNOC Live Crypto Prices BTCUSDAUDCADEURBitcoin(BTC) 3214.0422768Ethereum(ETH) 83.9897966728EOS(EOS) 1.863600411Litecoin(LTC) 23.6023363284Bitcoin Cash(BCH) 76.8754887652TRON(TRX) 0.0127250738Cardano(ADA) 0.0282797497NEM(XEM) 0.0577589928Dash(DASH) 60.6944554284 Trending Adoption3 months ago SWIFT will use XRapid to process payments using XRP. Here is the proof #Blockchain4 months ago What is DigixDAO coin? Trade DigixDAO on Blockonix Exchange. #Blockchain5 months ago What is Aeternity Token and its future? Fully Explained. #Blockchain4 months ago What is Mithril coin? Trade MITH on Blockonix exchange. #Bitcoin3 months ago Bitcoin BTC ETF 101, October 2018 #Blockchain5 months ago Ethereum vs EOS: Which one is the Vanquisher? #Blockchain5 months ago What is Maker Token? Fully Explained. Is MKR overpriced? #Bitcoin4 months ago How to buy Bitcoins in Sri lanka? Explained.