When ETF?

SEC says bitcoin ETF proposals will have to wait until September

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Sponsored by  July 24, 2018 WAIT AND SEE:  The U.S. Securities and Exchange Commission said five proposals for bitcoin exchange-traded funds (ETFs) submitted back in January will have to wait until September for an answer. It remains to be seen whether other bitcoin ETF proposals, such as the one from VanEck and SolidX, also get postponed, though as it stands a decision for that one may come as soon as next month. Full Story THE THRILL OF IT ALL: The latest hot apps on ethereum resemble Ponzi schemes. The blatant similarities between games such as FOMO 3D (named after the acronym for "fear of missing out") and outright scams push participants to high levels of risk that some describe as "exciting" and wholly part of the appeal. Full Story JUST LIKE OLD TIMES: Ever wanted to mine cryptocurrency but never had the computing resources to do it? A new mining software dubbed the Honeyminer promises bitcoin payouts (albeit small ones) for anyone with a Windows laptop. Ten thousand downloads of the program have been garnered since June with a reported 18% of users hailing from developing countries. Full Story Bitcoin cash (BCH) forked from bitcoin (BTC) last summer. It's not only competing against bitcoin for investor dollars, but also for recognition as the "true bitcoin." Comparing the fundamental metrics of BCH against BTC reveals how this competition is playing out. On average, each metric presented for BCH stays below 20% of BTC's. However, over the past few weeks, BCH transaction counts have been increasing. On July 21, the BCH transaction count hit 51% of BTC's. Why is this important? A blockchain around 1/10 the price of BTC is getting more than half of BTC's network throughput as it stands.  Learn these insights and more in the CoinDesk Q2 State of Blockchain report. More research SPONSOR SECTION   Fundraising with cryptocurrency doesn't have to be difficult. Rocket by Etherparty helps you launch and track a utility-token crowdsale without needing a development team, so you can get your business off the ground. Learn More at Rocket.Etherparty.com   WAX ON, WAX OFF: Bitcoin prices broke $8,000, reaching a two-month high of $8,130 on crypto exchange Bitfinex, though the bullish trend may wane in the next few days given overbought conditions, technical analysis indicates. Full Story BEST OF THE BEST BLOOMBERG: The U.S. Securities and Exchange Commission "doesn't appear ready to aprove a bitcoin ETF anytime soon," according to Bloomberg Intelligence analysts. The reasons why include the agency's sensitivity to public opinion and the potential market impact of such a decision. THE REST FORTUNE: Supplementing the magazine's usual "40 under 40" list of rising young business leaders, there's a separate honor roll just for blockchain influencers. The faces are familiar to CoinDesk readers, with Coinbase CEO Brian Armstrong leading the pack. AUSTRALIAN FINANCIAL REVIEW: Chances are the next Australian blockchain startup you hear about will feature a female co-founder, according to this local business publication. The article reports groundbreaking success for some Aussie women in the blockchain sector such as Leanne Kemp, who started Everledger to accurately track the ownership of diamonds. THE VERGE: Remember all those celebrity-endorsed crypto projects a while back? This is the "where are they now?" story.     We've launched Markets Daily, our trader-specific newsletter. Registration is open for all Blockchain Bites subscribers. To register, click here and add Markets Daily to your list of newsletters. Register Here   WHO WON #CRYPTOTWITTER   ConsenSys Jobs Blockchain Jobs Circle Jobs BitGo Jobs Copyright © 2018 CoinDesk All rights reserved.  Our mailing address is:  636 Avenue of the Americas New York, NY, 10011, US Want to change how you receive these emails? You can update your preferences or unsubscribe from this list