Major news and quotes largest cryptocurrency.
Media: Bitcoin ETF will be launched for institucionales without the permission of the SEC
VanEck Securities Corp. SolidX and Management plan to allow institutional investors to work with a bitcoin ETF without the approval of the Commission on securities and stock exchanges (SEC) the USA, reports The Wall Street Journal. The company will appeal to the provided by law exception, which will allow it to offer securities VanEck SolidX Bitcoin Trust to institutional investors. According to the WSJ, trade bitcoin ETF in a restricted format may begin as soon as Thursday, in accordance with rule 144A, which allows you to organize the circulation of securities through private placement among “qualified institutional buyers” with a shorter shelf life and without the need to obtain permission from the SEC.
Bithumb added support for TRON and token BitTorrent
South Korean cryptocurrency exchange Bithumb added into the listing of the tokens of the TRON project and BitTorrent. TRX will be traded in pairs and bitcoin and the US dollar, BTT — with the dollar and the USDT. Earlier it was reported that Bithumb will create a special Committee to determine what crypto-currencies will be traded on the platform. The Committee will take into account daily trading volume, a change of capitalization and support of projects and other factors. The cryptocurrency, which do not meet the standards of the Committee will have two months to improve their status before they are removed from the list.
Bitfinex has launched derivatives contracts on bitcoin and ether
Cryptocurrency exchange launched derivative products for trading bitcoin and live in pairs with steilcoom USDT. Pair BTCF0/USDt0 and ETHF0/USDt0 were opened for bidding after the completion of the technical work this Monday. To get access to the tools, you need to go to the tab “Derivatives” in the main trading interface Bitfinex. They allow you to trade crypto-currencies with leverage up to 100x. Bitfinex said that the main objective of a new product, hedging risks. Open-ended contracts Bitfinex available for residents of USA, Canada and Switzerland. In addition, the parent company iFinex Bitfinex announced the launch of a new division of the Financial Technologies focused on enhancing trade opportunities for customers of the exchange.
The Tether will release stablon secured by a basket of commodities
Large investor exchange Bitfinex Zhao Dong saidthat the division intends to release the Tether option stablon USDT secured by a basket of commodities, such as gold, oil and rubber. Dong said the idea of issuing such asset relates to the desire to escape from the risks associated with storing large amounts of Fiat funds in banks. Dong said: “$ 4 billion of current supply USDT guaranteed reserves by 3.35 billion and 650 million provided by Bitfinex loan. Bitfinex has collected $ 1 billion with IEO token LEO and can easily and at any time to repay the debt to Tether. In fact, she has already paid $ 100 million last month. Even if not to take into account these 650 million in reserves, the total amount of collateral in USD is at 83.75% and not 72% as they say in fake news.” According to Dong, the only reason Bitfinex is still not repaid his debt to the Tether such that the exchange must return to belong to her funds frozen in the accounts of payment by Crypto Capital. In addition, among the priorities of Bitfinex included the removal of restrictions on the disposal of assets that were imposed at the request of prosecutors in new York.
The total market capitalization of cryptocurrencies at 17:00 is $ 270 billion. Trading volume for 24 hours was 64 billion dollars.
- Bitcoin (Bitcoin) over the past day has risen by 7.85% to $10 662,45.
- The ether (ETH/USD) rose by 3.26% to $178,77.
- XRP (XRP/USD) climbed 2.29% to $of 0.263.
- Bitcoin Cash (EXANTE: Bitcoin.Cash) rose 4.2% to $299,86.
- Litecoin (LTC/USD) rose 4.86% to $68,94.
The best growth among the top 100 cryptocurrencies showed V Systems (+of 15.07%)
The profitability of mining
- Bitcoin: $0,202 1 TH/s
- Ether: $0,0136 1 MH/s
- Bitcoin Cash: $0,237 per 1 TH/s
- Litecoin: $1,345 per 1 GH/s
- Dash: $0,021 per 1 GH/s
The full list of ongoing and anticipated ICO you can see the link.