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Bitcoin and Crypto ETFs
Japan is considering whether it should approve the exchange-traded funds (ETFs) based on cryptocurrency.
The country's Financial Services Authority (FSA) has turned its attention to ETFs after deciding to ban companies from listing cryptocurrency futures, according to a Bloomberg report.
"The financial services agency is currently evaluating the industry's interest in ETFs tracking digital currencies, according to a person who is familiar with the thinking of the agency that required Anonymity to discuss private plans The regulator last month decided not to revise the country's securities law, which would have allowed futures and options to be listed on major financial markets after concluding that such products would have obtained very little besides feeding speculations. "
The Japanese ETF market is worth around $ 335 billion.
XRP the base expands
After announcing that it will feature XRP as a base pair, Singapore Bitrue-based cryptographic exchange is adding pairs to the main cryptocurrency at a rapid pace. Four more pairs are starting by the end of the week.
- Holochain (HOT)
- Pundi X (NPXS)
- district0x (DNT)
- Propy (PRO)
Once the new pairs are live, the exchange will have a total of 26 coins combined with XRP.
🎉 # 2 week of 2019 @BitrueOfficial 🎉
We are happy to offer you: $ HOT/ $ XRP, $ NPXS/ $ XRP, $ DNT/ $ XRP, & $ PRO/ $ XRP! 4 NEW pairs of XRP bases that will arrive by the end of the week! @Curis_Wang
👉https: //t.co/i7RmZi2Lxh pic.twitter.com/WoOFc0Wh8L
– Bitrue (@BitrueOfficial) January 7, 2019
Tron
The price of Tron (TRX) has increased by over 18% in the last week, according to the latest CoinMarketCap data.
The rise follows the news that BitTorrent, acquired by Tron last year, will launch its Tron token called BitTorrent (BTT).
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Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and operations are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital assets, nor The Daily Hodl is an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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