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Bitcoin Rises in New Crypto Rankings by Chinese Government-Backed Institute


China’s Center for Information and Industry Development has revised its cryptocurrency project rankings. Thirty-seven crypto projects were evaluated overall and in three sub-categories. Bitcoin has risen while the top three spots remained occupied by EOS, Tron, and Ethereum. CCID’s 18th...

Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance


Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly...

'Ethereum-Based' LIBOR Alternative Gets a Nod From Fed Chairman


Jerome Powell. Source: a video screenshot, Youtube/CNBC Television The US Federal Reserve (Fed) Chairman Jerome Powell has seemingly expressed support for an "Ethereum-based" replacement of LIBOR, the average interest rate at which major global banks borrow from one another, stressing...

TD Ameritrade-Backed ErisX Joins Ethereum Futures Market


Major online trading platform TD Ameritrade-backed American crypto exchange ErisX starts offering regulated futures contracts with ethereum (ETH) as the underlying asset. The new futures contract will be based on the ETH/USD spot rate and will be listed with monthly and quarterly expirations,...

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