Blockchain Daily Digest – October 8th, 2019

By Lucas Cacioli   Oct 08, 2019 1 Min Read

  1. ‘The SEC Has to Give its Decision: Yes or No’ to Bitcoin ETF Approval, says Bitwise
    The Securities and Exchange Commission (SEC) previously set an Oct. 13 deadline for approving Bitwise Investments’ Bitcoin exchange-traded fund (ETF). With Bitcoin’s high volatility this year, its performance in 2019 remained bullish, although falling by over 20% in one week in September. Bitcoin reached its lowest level in July while hitting its high of over $11,000 in June 2019.  

  2. Bitfinex and Tether Face Market Manipulation Class Action Lawsuit
    Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history. 

  3. Dubai Economy Moves to Blockchain-Based Unified Business Registry Platform
    Dubai’s Department of Economic Development has announced its move to a Unified Business Registry Platform (UBRP).

     
  4. South Korean Bank, KB Kookmin, Shares Blockchain Strategy
    As reported by South Korean JoongAng Daily on Monday, the institution recently previewed the multitude of benefits to the financial industry that blockchain technology can provide.

  5. UK Financial Watchdog Increased Crypto Investigations by 74% in 2019
    The Financial Conduct Authority (FCA), the primary financial regulatory body in the United Kingdom, has seen a sharp rise of 74% in crypto-related investigations in 2019.  


The Top 5 Cryptos At a Glance

#

Crypto

Symbol

Market Cap.

Price (US$)

Change % (24h)

Trading Vol. (24h)

1

Bitcoin

BTC

$147.530B

$8,205.11

2.77%

$18.22B

2

Ethereum

ETH

$19.56B

$181.05

3.86%

$8.12B

3

XRP

XRP

$11.84B

$0.27

2.00%

$1.84B

4

Bitcoin Cash

BCH

$4.21B

$233.34

2.49%

$1.56B

5

Tether

USDT

$4.13B

$1.01

0.14%

$22.15B

 


About the author

Lucas Cacioli
Blockchain is the future.




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