Tuesday, September 29, 2020
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First China-Based Blockchain ETF Awaits Regulatory Approval

Penghua Fund, an asset management firm based in the Guangdong province of China, has filed an application to list a blockchain-centered exchange traded fund (ETF) in China.Shanghai Securities News reported that if the application is approved, which is currently under review by China Securities Regulatory Commission, this would mark the

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Tether Mints 300M USDT in Chain Swap, Corresponding Burn Still Awaits

The operator of leading stablecoin USDT, Tether, minted 300 million USDT in a swap from the Bitcoin-based (BTC) tokenization protocol Omni to Ethereum, but the corresponding burn has not yet taken place.Whale Alert, a twitter account dedicated to reporting big cryptocurrency transactions, pointed out the coinage described above in

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Bitcoin Price Explosion a Trap, Smart Money Awaits Pullback, Warns Analyst

By CCN: The parabolic bitcoin price explosion, which saw BTC surge 136 percent in 2019, is a trap, according to on-chain analyst and Adaptive Fund partner Willy Woo. The price explosion is simply a short-squeeze driven by hedge funds. Organic buyers are waiting for a healthy retracement before buying in again. “This a

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Bitcoin Price Explosion a Trap, Smart Money Awaits Pullback: Analyst

By CCN: The parabolic bitcoin price explosion, which saw BTC surge 136 percent in 2019, is a trap, according to on-chain analyst and Adaptive Fund partner Willy Woo.The price explosion is simply a short-squeeze driven by hedge funds. Organic buyers are waiting for a healthy retracement before buying in again.“This a

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