Today's Hot Topics

Buterin Speaks Out Against Bitcoin ETF Drama

Last week, we saw another spanner in the works of the Winklevoss twins, who have recently applied for the first evert Bitcoin Exchange Traded Fund (ETF) to be listed on their cryptocurrency exchange, Gemini. The ETF application was rejected by the United States Securities and Exchange Commission (SEC) for the second time round, causing the markets to stumble and of course, bringing a number of experts out of the woodwork to pass their opinion. Whilst it is clear the SEC decision did impact the value of Bitcoin slightly (though it has now recovered), Vitalik Buterin, the founder of Ethereum believes...

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Mining Takes A Turd For The Worse, You Can Now Mine Crypto With Your Poop

We know it’s early on a Monday morning, so toilet humour may be a little unsettling but either way, news is news and even if its about poop, if its relevant, we’re going to report on it. Before we begin, let me introduce you to Anaerobic Digestion. In the words of Biogas-info.co.uk: “Anaerobic Digestion (AD) is a natural process where plant and animal materials (biomass) are broken down by micro-organisms in the absence of air. The AD process begins when biomass is put inside a sealed tank or digester. Naturally occurring micro-organisms digest the biomass, which releases a methane-rich gas...

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Market Update - BTC, XRP & BCH, Mixed Messages But Markets Still Positive

After a pretty solid week of gains and positive movements, we enter this new week on a positive note. Values are up and as it stands, things look pretty promising as we head into August. We are now in a position in which we may very well see, for the first time in a couple of months, a number of cryptocurrencies make way back up to their target figures. We can’t guarantee a bull run, but at the very least, if the planets align and everything goes to plan, we do expect a surge to take over during August. We...

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Bitcoin ETF Might Not Be Over, Just Yet

News of the Winklevoss Bitcoin ETF being rejected by the US Securities and Exchange Commission (again) has shook the markets and breached the headlines today. If you’re not up to date, check out our coverage of this story, here.   Not all hope is lost just get for the Winklevoss twins however, as reports out this afternoon highlight that SEC Commissioner, Hester M. Peirce has commented on the SEC’s approach to rejecting the Bitcoin ETF. According to The Next Web, Peirce has said: “I am concerned that the Commission’s approach undermines investor protection by precluding greater institutionalization of the Bitcoin market....

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Bitcoin (BTC) Turns Bearish After ETF Rejection

It is a sad day in the crypto community as the SEC has rejected a BItcoin (BTC) ETF Proposal presented by the Winklevoss Twins. Earlier this month, this ETF proposal became the cause of a lot of hype and FOMO which pushed the price rapidly from $6,200 to around $8,300 as can be seen on the BTC/USD  daily chart above. This misled many investors into thinking that the correction is over and Bitcoin (BTC) is out of the woods. While it may be true that we might be close to the end of this extended correction, it is likely that...

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