[mkdf_dropcaps type=”normal” color=”” background_color=””]A[/mkdf_dropcaps]nother day, another dollar, as the market gets one day closer to making a move toward the next bear or bull cycle. Here’s todays news in crypto:
Bitcoin Mining Giant Bitmain Just Officially Filed For An IPO
One of the largest mining entities in cryptocurrency officially filed for an IPO today, with intent for public listing on the Hong Kong Stock Exchange (HKEX). There has been significant talk of an IPO for Bitmain over the past several months. However, the application is still considered to be a draft, with further details and conclusions to come.
Bitcoin Price Volatility Hits Lowest Level In Nearly Years
Since January of this year (2018), Bitcoin’s price action has been inside a large pennant, which may come to a head soon. lack of volatility over the past several weeks may indicate that a direction for the bulls or the bears may soon be seen.
Breaking: Circle Internet Financial Launches Stablecoin ‘USD Coin’
Tether and its questionable validity have been the topic of much discussion, on and off for the past 2 years. Circle Internet Financial Ltd. made headlines earlier this year (2018) when they acquired well-known exchange, Poloniex. Circle’s USD Coin reportedly has plans for availability on Poloniex, Huobi, OKCoin, KuCoin, and Coinbase.
Ukrainian National Bank Considering Launching State Digital Currency Tied To Local Fiat
It was only a matter of time before governments would try to make their own regulated cryptocurrencies. The National Bank of Ukraine (NBU) is contemplating throwing their hat into the ring, with a “blockchain-based hryvnia” (Ukranian dollar). The NBU stipulates that the digital asset would need to be centralized and under government control. No surprise there.
A New Way To Trade Futures: Bitmex vs. Digitex
Has the infamous ‘Bitmex Overload’ finally gotten to people? New futures trading exchange Digitex looks to provide traders with another exchange option, come Q4 of 2018.