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Bitwise Pulls Bitcoin ETF To Sort Through SEC Response

Bitwise Pulls Bitcoin ETF To Sort Through SEC Response

Bitwise has officially withdrawn its Bitcoin exchange-traded fund registration filing from the United States Securities and Exchange Commission.

China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area

China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area

China’s Central Bank, the People’s Bank of China (PBoC) announced its development plans for outlining a blockchain-based trade finance platform for the Greater Bay Area that links Hong Kong, Guangdong, and Macao. Governing entities in China, including the PBoC, China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau came together to issue the official document for the proposal. The entities submitted their suggestions on financing the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, focusing on global trade and finance.

IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder

IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder

IBM has announced a new collaboration with blockchain-based trade finance platform, we.trade to enhance network capabilities and accelerate the global growth of the platform. We.trade was designed to connect buyers, sellers, banks, insurers, and other organizations in a network, simplifying cross-border trading. Built on the latest version of the IBM Blockchain Platform, IBM has been the platform’s technology partner since the beginning. We.trade was also the first enterprise blockchain consortium to go live, back in early 2018.

US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto

US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto

Charles Schwab the US-based brokerage giant, which manages over $3.2 trillion in assets, are dismissing cryptocurrencies for the time being. This decision comes in spite of their competitors ‘Fidelity’ rushing to embrace this new market.

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.

Bitmain's Board Makes Decision Ousting Co-Founder Ketuan Zhan

Bitmain's Board Makes Decision Ousting Co-Founder Ketuan Zhan

Bitmain has changed its company structure in the registration filing with government agencies. Leading to Wu becoming executive director and legal representative of the company.

ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

"Banks are short-sighted in determining and validating the value of the goods being financed. They have drawn a very distinctive line between Logistics and Financial institutions, where the value of the assets is entirely disconnected from the process. Thus, leaving an untapped market of unfulfilled credit demand estimated at $1.6 trillion," says ConsolFreight's CEO, Ernesto Vila.

New Revolutionary Trading Platform Allows You to Trade 48 Forex, Indices, Commodities and Cryptocurrency Markets with Your Bitcoin!

New Revolutionary Trading Platform Allows You to Trade 48 Forex, Indices, Commodities and Cryptocurrency Markets with Your Bitcoin!

Geco.one brings Bitcoin holders the ability to enter the Forex, Indices and Commodities markets - as well as of course the Cryptocurrency markets, for the first time by simply depositing Bitcoin.

BTC Breaks Its Strong $10,000 Support Amidst US-China War Trade Cool Off

BTC Breaks Its Strong $10,000 Support Amidst US-China War Trade Cool Off

The price of Bitcoin has taken a serious hit in the past few days as the largest cryptocurrency has dipped below its supposedly strong support of $10k and bounced back up.

Jun 10: Who says only Irrational Investors trade Bitcoin?

Jun 10: Who says only Irrational Investors trade Bitcoin?

FOMC tonight with consensus heading rather dovish. For example MS expects Fed to switch to a monthly program of Treasury QE at $80bn per month with a dovish bias in projections. Of course, Powell isn't going to offer much clarity in explicit forward guidance. With Nasdaq crossing 10k momentarily last night (just 2 minutes), the market is starting to get excited. Nikola, a electric truck company with 0 earnings, has more than doubled in share price from last week, is now actually worth close to $30 billion (more than Twitter?).

Ex-Chief Executive of the HKMA Establishes Digital Wallet Firm to Solve Issues in Cross-Border Trade Finance

Ex-Chief Executive of the HKMA Establishes Digital Wallet Firm to Solve Issues in Cross-Border Trade Finance

The former Chief Executive of the Hong Kong Monetary Authority (HKMA) has established a new digital wallet company, RD Wallet Technologies Limited.

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

Telegram, in an October 16th filing, has asked the Southern District Court of New York to deny the request by the United States Securities and Exchange Commission for a preliminary injunction on Gram, Telegram’s native cryptocurrency.

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