Spot Ether ETF approvals will ‘take some time’ — Gary Gensler

Bitcoin price is down today as Mt. Gox shifts more BTC and creditors confirm that they received their repayments at the Kraken exchange.

The community will now move forward with proposals supporting the development of its core protocol software.

Major global chip manufacturing firm Taiwan Semiconductor Manufacturing (TSMC) predicts revenue growth in Q4, but expects a counterbalance due to the low demand for crypto mining hardware, Reuters reports Thursday, Oct. 18.TSMC, the world’s largest independent semiconductor foundry, forecasts “modest” revenue growth in the fourth quarter, mainly due to solid sales of high-end chips for…

International peer-to-peer (P2P) crypto exchange LocalBitcoins will soon become supervised by the Financial Supervisory Authority of Finland, as the firm announced on its blog on March 25.Helsinki-based LocalBitcoins wrote that the Finnish Parliament approved new legislation that will provide a legal status for cryptocurrency assets on March 13, 2019.The authority has passed a proposal for…

The California chipmaker says GeForce RTX 360 is for gamers, not cryptocurrency miners. The latter camp will get its own CMP mining infrastructure in the near future. 3072 Total views 8 Total shares Nvidia, a California-based hardware company known for developing industry-leading graphics cards, is doing everything it can to ensure that its upcoming GeForce…

Today, the United States Securities and Exchange Commission (SEC) is hosting two meetings of the investor advisory committee. The second of these is scheduled to start at 1:00 PM EST and will deal with the SEC’s earlier request for comment on harmonization of securities exemptions.The trouble with exemptionsThe current schema of exemptions is overgrown, with…

The New York Times: “Reality Intrudes on a Utopian Crypto Vision.” Bloomberg: “The Next Crypto Bust May Be Spelled D-A-O.” The Guardian: “Are blockchain-based DAOs really a utopian revolution in the making?”Seemingly every week, another old-guard media outlet echoes the talking points of defenders of the status quo financial system who fear and distrust the…

Bloomberg says that all signs point to Bitcoin going on the major bull run in 2020, the only question is whether it will break the all time high of $20,000. 790 Total views 50 Total shares The latest report from Bloomberg reveals that the company expects Bitcoin (BTC) to retest the record highs from 2017,…

What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence's Mike McGlone, a merged exposure of Bitcoin (BTC), gold, and government bonds.The senior commodity strategist, who sees BTC heading to $100,000, pitted derivatives in a new report representing the three safe-haven assets against the performance of the S&P 500 index, finding that…