The top news in the last 24 hours are shown below:
Airdrop of BitTorrent Tokens for TRX Holders Until 2025
Holders of TRON (TRX) will receive and will continue to receive, free BitTorrent Token (BTT) up until February 2025 initially through Binance Launchpad
US SEC Updates Website; Still Offers No Substantial New Information for the ICO Community
The Securities and Exchange Commission fired a tweet notifying the public of the agency’s guide on initial coin offerings. An FAQ is now included in their ICO-dedicated webpage that aims to explain the topic to the general public, to investors and market professionals: mainly, very common ideas. The very update happened about one week ago. We have waited for additional releases, but as of now, nothing new has been added.
Financial Manager Ric Edelman Says ETF is Now ”Virtually Certain”
The possibility of a cryptocurrency, or Bitcoin, an exchange-traded fund (ETF) continues to make a significant impact on the market. Now, finance manager Ric Edelman has made waves by stating that the chance of such an ETF is ”virtually certain”. This comes mere days after SEC Commissioner Robert Jackson’s similar comments on the matter. At the time, Jackson said that he thinks it is only a matter of time before a Bitcoin ETF that satisfies the SEC’s requirements is submitted. Now, Edelman – who founded Edelman Financial Engines – has joined Jackson’s positive stance on the prospect of a cryptocurrency ETF in an interview with CNBC’s Bob Pisani, in the segment ”ETF Edge”.
Venezuelan Socialist Government Levies Massive Crypto Tax on Transactions
Nicolas Maduro’s Venezuelan government has finally shown its true intentions as it drops a new tax on cryptocurrency. Those who perform crypto transactions will now face a 15 percent tax, which many describe as an opportunistic overreach of government power. Some suggest that the tax could be viewed as an act of tyranny. Venezuela, the biggest oil producer in South America, is well-known as having arguably the least usable nation-wide currency. Additionally, the current government continues its insistence on vandalizing its own economy, a practice which is quickly leading to challenging the legitimacy of its current leader, Nicolas Maduro. This, along with Juan Guaido getting both US backing and international recognition, is causing significant upheaval throughout the country.
Crypto Broker Voyager Digital Lists on Canada’s TSX Venture Exchange
Canadian crypto asset broker Voyager Digital Ltd has started trading its shares on the Toronto Ventures Exchange (TSX.V). The company listed through a reverse takeover of mineral exploration company UC Resources. Voyager argues that going public will help to improve transparency in the crypto market while promoting adoption by allowing traditional investors to tap into digital assets through the public equity market.
Core Developer’s 300kb Block Proposal Bolstered in Bid to Push Lightning Adoption
Bitcoin Core (BTC) developer Luke Dash Jr has once again sparked controversy with his idea to shrink the BTC chain’s block size down to 300kb. It’s not the first time the developer proposed the concept, but this time around there’s more support for the idea to drive Lightning Network adoption.
Markets Update: Cryptocurrencies Test Key Levels From 2017 Bull Trend
The cryptocurrency markets are trading at significant long-term price areas, with BTC currently channelling between critical levels from the 2017 bull run. In other market action, BCH and ETH have continued to consolidate above the $100 area.
SEC Commissioner Suggests Excessive Crypto Regulation Hurts Growth
A commissioner at the US Securities and Exchange Commission (SEC) has said that the official regulation of cryptocurrencies could stunt the technology’s development. Hester Peirce’s comments come at a time when the SEC has been accused of acting contrarily and gives hope to those wanting governments to take a step back to prevent over-regulation
ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual Funds
A registration statement for a new exchange-traded fund (ETF) that will invest in bitcoin futures among other traditional investments has been filed with the U.S. Securities and Exchange Commission (SEC). The fund’s portfolio will include bitcoin futures traded on the Cboe Futures Exchange and the Chicago Mercantile Exchange as well as sovereign debts and money market mutual funds.
Bitcoin Friendly Micronation Acknowledged by European Commission President
In 2019 the sovereign state of Liberland continues to gather headway by getting recognized by key leaders in the European Union and members of parliament. On Jan. 31, the micronation claiming the parcel of land between Croatia and Serbia was validated by Jean-Claude Juncker, President of the European Commission.