VanEck and SolidX bypass SEC by offering Bitcoin ETFs to accredited investors | Telegram testing an Ethereum-compatible blockchain
BTC 📈 $10,699 (+4.19%) / ETH 📈 $181 (+1.59%) / XRP 📈 $0.26 (+0.58%)
|CryptoSlate||Sep 3, 2019|| 3|
Two investment companies whose Bitcoin ETF proposals have been delayed by the SEC have found a way around the tight regulations.
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.
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.
Telegram is publicly testing its much-anticipated blockchain project ‘TON.’ The company’s blockchain will be compatible with Ethereum, allowing developers to port their Ethereum smart contracts, revealed a tech startup working on the project alongside Telegram.
Cardano will be making waves this September, with Charles Hoskinson confirming that the proof-of-stake Shelley testnet will launch ahead of schedule.
Peter Brandt, a 40-years trading veteran, is back on the bullish side claiming that Bitcoin likely resumed its fourth “parabolic advance.”
As Bitcoin broke below the $10,000 support, many saw this as a sign of an approaching bear market. However, zooming out showed that Bitcoin has been setting higher monthly lows throughout the year, rising from its lowest February point of $3,391 to its $9,163 July low.
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