Bitcoinsxchanger launched a new exchange-traded product (ETP) on Switzerland's Zurich-based SIX Exchange and instant withdraw bitcoin. This latest launch is the 21Shares Short Bitcoin ETP (SBTC tracker) that claims to track the opposite performance of bitcoin (BTC) and is another way to gain exposure in both directions of the bitcoin price movements. Bitcoin Trading Remains Directionless Bitcoin has continued to lose altitude trading at around $8,589 at the time of publication. In December 2017, the volatile cryptocurrency peaked to $20,000 and has been unable to hit this high again ever since. Despite bitcoin prices remaining bearish and at a low point, a number of fintech firms are continuing to launch products. Financial Market Supervisory Authority (FINMA), which is the Swiss government body undertaking financial regulations of the country, has been proactive when it comes to approving crypto products. FINMA has distributed banking and securities dealer licenses to “crypto banks” - This cleared to operate in the tokenized digital securities sector. The official body issued rules on how to transfer bitcoin from bankwire. Visit this site for more details
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ConsenSys CSO Seeks to Raise $50M for New Blockchain Investment Fund
https://cryptocurrency-bitc.blogspot.com/2019/11/consensys-cso-seeks-to-raise-50m-for.html
Bitcoinsxchanger launched a new exchange-traded product (ETP) on Switzerland's Zurich-based SIX Exchange and instant withdraw bitcoin. This latest launch is the 21Shares Short Bitcoin ETP (SBTC tracker) that claims to track the opposite performance of bitcoin (BTC) and is another way to gain exposure in both directions of the bitcoin price movements. Bitcoin Trading Remains Directionless Bitcoin has continued to lose altitude trading at around $8,589 at the time of publication. In December 2017, the volatile cryptocurrency peaked to $20,000 and has been unable to hit this high again ever since. Despite bitcoin prices remaining bearish and at a low point, a number of fintech firms are continuing to launch products. Financial Market Supervisory Authority (FINMA), which is the Swiss government body undertaking financial regulations of the country, has been proactive when it comes to approving crypto products. FINMA has distributed banking and securities dealer licenses to “crypto banks” - This cleared to operate in the tokenized digital securities sector. The official body issued rules on how to transfer bitcoin from bank wire. Visit this site for more details
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