Coin Gecko
- by Pauline Shangett
- Oct 21, 2019
Why most people don't really need exchanges
Bitcoin and cryptocurrencies, in general, have become synonymous with the vast number of exchanges that are out there aiming to assist with the trading, buying, spending, and sending of your digital assets. However, for most people in the space, these exchanges, as we know them, are not really that necessary. Exchanges began as the starting point for individuals to enter the cryptocurrency space, but as these new users have begun to find their feet, exchanges have been moving with the times, and the money. This is evident with an exchange, like Coinbase, launching its Pro platform to cater for institutions...
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- by Adrian Barkley
- Oct 20, 2019
Binance Coin-Based ETP Included to SIX Swiss Exchange
Earlier this week, the Swiss stock platform SIX included a new cryptocurrency exchange-traded product (ETP) which is going to allow users of the platform to gain exposure to Binance’s BNB token. The new ETP, the Amun Binance BNB ETP can be bought through a bank or brokerage company just like a stock. This is the result of a partnership between Binance and Amun. so unlike a lot of ETN’s, ETP’s are legally obligated to be backed one to one by reserves which means that the ABNB ETP is completely collateralised. In a recent interview, the CEO of Amun, Hany Rashwan...
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- by Adrian Barkley
- Oct 18, 2019
BNB Experiences its 9th Quarterly Burn, But it’s not the Biggest
Earlier this week, the world’s biggest crypto platform, Binance announced that they had finished their 9th quarterly BNB token burn in accordance with the token’s whitepaper. During this whole process, more than two million BNB tokens worth up to around $37 million were burnt. Whereas this is a huge burn of BNB, it isn’t the biggest. The biggest burn of the tokens was their second quarterly burn of 1.8 million Binance Coin, which was worth around $40 million at the time. Writing in a blog post on the official website, the CEO of the platform, Changpeng Zhao (CZ) expressed his...
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- by Adrian Barkley
- Oct 16, 2019
Bitcoin ETF Filing Updated From Wilshire Phoenix
Once more, The United States Securities and Exchange Commission (SEC) has started accepting the public comments in regards to the updated Bitcoin exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. In the publics hands Putting this into the publics hands is risky given the lack of mainstream coverage the industry gets but then again, it could work in crypto’s favour. According to the official announcement posted on 15th October by the SEC, the investment management company Wilshire Phoenix and exchange NYSE Arca have just put in for an amendment to their Bitcoin ETF application to reflect new circumstances. According to...
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- by Robert Johnson
- Oct 15, 2019
BitTorrent Is Being Dominated By Netflix in Traffic Volume
So even though BitTorrent and the TRON ecosystem might currently be celebrating the launch of the BitTorrent decentralised file-sharing protocol mainnet, a new report shows that the streaming service conglomerate, Netflix has dwarfed the filesharing platform in terms of usage. The globe’s biggest peer-to-peer filesharing platform has been synonymous with decentralisation and subverting authorities in the distribution of content. Back in June last year, it was officially announced that TRX founder Justin Sun and the TRON Foundation had acquired BitTorrent for around $140 million, which is a huge feat, to say the least. At the time though, the move was...
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