Blockchain Market Update – February 15, 2019

Home » Blockchain » Blockchain Market Update – February 15, 2019
February 15, 2019 by
Blockchain Market Update – February 15, 2019

U.S. SECAccording to official documents, have begun sorting the public comments on the VanEck Bitcoin ETF that the Chicago Board Options Exchange started collecting on January 30, and have now set out reviewing the Bitcoin ETF proposal—Regulation

GrayscaleCrypto asset manager and subsidiary of Digital Currency Group has raised $359.5M in 2018, pushing strongly though the 14-month bear market. Official reports disclose that 66% of the $359.5M was invested by institutional investors, worth more than $237M—Financial Institution

JP Morgan ChaseRolls out own cryptocurrency, the JPM Coin, for use in instantly settling transactions between clients of its wholesale payments business. While only a small fraction of payments will go through the digital token for now, the trial represents first real-world use of digital token by major U.S. bank—Project Development

Pantera CapitalThird venture capital fund of Pantera Capital will end its fundraising on Feb 28, with goal to reach $175M. So far invested in 9 projects, with total investment of $30M, including investments in Bakkt, Blockfolio, Staked, StarkWare and Synthetic Minds—Other

WyomingU.S. state has green lighted the No.SF0125 bill, which is dedicated to classifying digital assets within existing laws. Digital assets are now defined as property. Additionally, among other things, the bill also  authorizes security interests in digital assets and  establishes an opt-in framework for banks to provide custodial services for digital asset property as directed custodians—Regulation

RussiaAlexander KonovalovMinister of Justice of Russia does not see the need to legally define cryptocurrencies at this points, as he claims it is too early to formalize crypto-related legislation. This is based on the fact that cryptos cannot be used as a payment method in Russia, according to the Russian ConstitutionRegulation

ForbesLaunches newsletter called Forbes CryptoAsset & Blockchain with intent to deepen their blockchain coverage. Forbes’ stable of journalists will contribute to the monthly publication, with interviews from notables of the industry—Other

LuxembourgApproved legal framework to grant transactions done using the blockchain the same legal status as traditional methods. Only 2 members out of the 60 in parliament voted against the bill—Regulation

CoinsquareLargest crypto exchange in Canada acquired StellarX decentralized exchange. Despite acquisition, StellarX continues to promise fulfillment of their roadmap released on Sept. 2018—Exchange

“B2B reporter – Content Manager – Contributor – Fintech – Blockchain – Cryptocurrency”

Simon Chou is a B2B reporter and content manager specializing in technology and finance. He has worked with many clients in the fintech and blockchain space. He holds investment positions in bitcoin and other large-cap cryptocurrencies, and has been reporting on cryptocurrency since 2017. Currently, Simon is the content manager for a major cryptocurrency exchange @HybridBlockHQ.

Name Price
Bitcoin (BTC)
Ethereum (ETH)
Bitcoin Cash (BCH)
Litecoin (LTC)
Cardano (ADA)
Dash (DASH)
Monero (XMR)
Stellar (XLM)
Bitcoin Gold (BTG)
© Copyright 2018. HybridBlock News.