Will the First Bitcoin ETF Make the Crypto Market Even More Volatile?

The first Bitcoin exchange-traded fund (ETF) is expected to be approved by February of 2019. But, some experts have stated that ETFs may increase the volatility of the market. How the ETF Will Impact the Market Over the past few months, analysts have been divided on the effect of the ruling of the US Securities and Exchange Commission (SEC) regarding Bitcoin ETFs on the crypto market. Brian Kelly, a contributor to CNBC’s Fast Money and the CEO at BKCM, previously explained that the rise in the price of Bitcoin from…

Valuation of Crypto Market Slightly Declines But Bitcoin Shows Stability

In the past 24 hours, the valuation of the crypto market has dropped slightly by $2 billion, from $215 billion to $213 billion, as the Bitcoin price and Ethereum price demonstrated stability. Most major cryptocurrencies including Bitcoin Cash, Ripple, EOS, and Ethereum recorded decent gains in the range of 1 to 5 percent. Top 10 best performing cryptocurrencies, chart provided by CoinMarketCap Tokens including VeChain, Ontology, and DigixDAO, which fell by more than 20 percent against both Bitcoin and the US dollar on August 18, recovered relatively quickly, recording 15…

Chinese Retail Giant JD.com Launches Open Blockchain Platform

JD.com, China’s largest retailer and e-commerce provider, has deployed an open blockchain platform to enable customers to have their own blockchain solutions to improve the transparency, efficiency and security of their operations, the company announced on its corporate blog. The JD Blockchain Open Platform expands the company’s Retail as a Service and will allow customers to build smart contracts on both private and public enterprise clouds. The platform will allow companies to streamline tracking of product movement, property assessments, digital copyrights and authenticity certifications. The company oversees quality control of its…