Sending money internationally is costing us $30 billion per year.
On average, the charge for sending $200―the benchmark used by authorities to evaluate cost―is $14 (7%). Absolutely insane.
We can do better, and we should.
#blockchain #crypto
On average, the charge for sending $200―the benchmark used by authorities to evaluate cost―is $14 (7%). Absolutely insane.
We can do better, and we should.
#blockchain #crypto
📰 OKCoin Exchange Launches in US Offering Fiat-to-Crypto Trading
According to OKCoin's website on Friday, the exchange has already launched the new offering and is now accepting U.S. dollars deposits and withdrawals, as well as trading against bitcoin, bitcoin cash, litecoin, ethereum and ethereum classic.
According to OKCoin's website on Friday, the exchange has already launched the new offering and is now accepting U.S. dollars deposits and withdrawals, as well as trading against bitcoin, bitcoin cash, litecoin, ethereum and ethereum classic.
Bitcoin ETF Decision will NOT be on August 10
No doubt you have already heard about August 10 – the date the SEC will decide its ruling on a proposed bitcoin ETF.
[ On June 26 the U.S. Securities and Exchange Commission (SEC) received an application from CBOE Global Markets for a bitcoin exchange-traded fund (ETF) license. ]
📌Approval of a bitcoin ETF could be huge news for the crypto, that would move the BTC price significantly & help protect shareholders against operational risks associated with investing in the asset.
Earlier it was suggested that the SEC would make their decision regarding the proposal by August 10. However, it now seems that date may not be correct.
The date came out from the SEC notice stating that a decision will be no less than 45 days from the date of publication in the Federal Register. The SEC notice was published on June 26, but that’s not the same date that it was published in the Federal Register. The Federal Register publication only appeared on July 2, meaning the date for a decision is August 16. Even then, the date can be extended if required. A 45-day extension is possible. This means that a decision should be expected no later than September 24.
No doubt you have already heard about August 10 – the date the SEC will decide its ruling on a proposed bitcoin ETF.
[ On June 26 the U.S. Securities and Exchange Commission (SEC) received an application from CBOE Global Markets for a bitcoin exchange-traded fund (ETF) license. ]
📌Approval of a bitcoin ETF could be huge news for the crypto, that would move the BTC price significantly & help protect shareholders against operational risks associated with investing in the asset.
Earlier it was suggested that the SEC would make their decision regarding the proposal by August 10. However, it now seems that date may not be correct.
The date came out from the SEC notice stating that a decision will be no less than 45 days from the date of publication in the Federal Register. The SEC notice was published on June 26, but that’s not the same date that it was published in the Federal Register. The Federal Register publication only appeared on July 2, meaning the date for a decision is August 16. Even then, the date can be extended if required. A 45-day extension is possible. This means that a decision should be expected no later than September 24.
CryptoBullet
#Bitcoin Buy-Sell Zones
Triangle break happened according to the «bull» scenario. There is trend line as a resistance and 100-day MA. After such price ups, a small correction is necessary. BTC needs to cool off.
CryptoBullet
The Chinese government updated its ratings of blockchain projects. Notably, Bitcoin was rated outside the top 15 in 17th place, following a change in the ranking methods. EOS took the top slot.
Updated ratings of blockchain projects by Chinese government.
This month’s list was topped again by EOS followed by Ethereum. Bitcoin was rated in 16th place.
This month’s list was topped again by EOS followed by Ethereum. Bitcoin was rated in 16th place.
#BTC/USD weekly volume (Bitfinex) has already surpassed each of last 9 weeks.
First time #bitcoin weekly volume has outperformed its prior week since mid June.
This week is characterized by the highest level of green volume since the 2nd half of April. That’s definitely not a bad sign for #bitcoin bulls.
First time #bitcoin weekly volume has outperformed its prior week since mid June.
This week is characterized by the highest level of green volume since the 2nd half of April. That’s definitely not a bad sign for #bitcoin bulls.
#Bitcoin dominance rate has hit seven-month high of 46% (highest since December 20).
BTC price rally accompanied by a rise in BTC dominance rate >> meaning investors are betting on BTC rally and not merely buying BTC to pour money into altcoins.
BTC price rally accompanied by a rise in BTC dominance rate >> meaning investors are betting on BTC rally and not merely buying BTC to pour money into altcoins.
CryptoBullet
BTC crosses $8k, dominance was seen above 47%. Level to watch out is $8050
As soon as BTC broke through 8050, the next candles rose above 8200 🚀
📌 SEC Delays Decision on Asset Manager's Bitcoin ETFs Until September
The U.S. Securities and Exchange Commission (SEC) has delayed making a decision on whether to approve five bitcoin-related exchange-traded funds (ETFs) until September.
However, multiple ETF applications & the most awaited one is still under consideration. You see ETF is a speculator’s dream trigger
The U.S. Securities and Exchange Commission (SEC) has delayed making a decision on whether to approve five bitcoin-related exchange-traded funds (ETFs) until September.
However, multiple ETF applications & the most awaited one is still under consideration. You see ETF is a speculator’s dream trigger