Pseudo-Bitcoin ETF Now in SEC’s Sights After VanEck Pulls Application

While Bakkt’s Bitcoin futures contracts have been all the rage recently, much has taken place in the realm of Bitcoin exchange-traded funds (ETF) — investment products expected to have a similar long-term effect to Bakkt. The already-muddy Bitcoin ETF waters got even muddier on Tuesday after the U.S. Securities and Exchange Commission (SEC) announced in […]

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What to Dai? Ethereum Backers Grapple With Popular Stablecoin’s Future

As new technical possibilities are arising, discussions have picked up this week in the Ethereum community around what the MakerDAO project’s Dai stablecoin should be and become — and the possibilities are wide open in the open-source DeFi community. For context, there are two notable developments that have played into the growing dialogue. The first […]

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Bitcoin's Price Follows Hashrate or Other Way Around? [Cryptocurrency News]

Today let’s look at Bitcoin’s price and how it compares to the hashrate. Which follows which? And take a look at other Cryptocurrency news. ▶Become a CryptosRus INSIDER to gain exclusive insight on the market, get reviews and analysis on undervalued cryptocurrencies and get access to valuable tools that will help you excel in the […]

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Kik Lays Off Portion of Crypto Staff Amid SEC Fight

While Bitcoin may be in a bull market, not all companies associated with this industry have been in clear waters. Kik Interactive, the Canadian technology giant behind the texting application that shares its name, is purportedly commencing a process of layoffs, issuing notices to dozens of members of its cryptocurrency division. This move comes amidst […]

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Analysts: Too Early to Call Bakkt Bitcoin Futures a “Flop”

On Sunday, a momentous occasion took place for the cryptocurrency industry: The Intercontinental Exchange-backed Bakkt launched its much-awaited Bitcoin futures contracts to institutions after nearly a year of regulatory setbacks and logistical hurdles. The platform, prior to launch, was seen as the one catalyst that could catapult Bitcoin to new heights. But to the surprise […]

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David Marcus: Libra Launch Will Happen Next Year Regardless of Regulatory Scrutiny

Libra co-creator David Marcus is confident that Facebook’s digital currency will launch in 2020 despite mounting regulatory pressure from jurisdictions around the world. The Libra chief also sees adoption as a much larger concern for the cryptocurrency project than whether authorities are happy with the crypto. There continues to be strong opposition to the planned […]

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