Market Insights

Copper's Friday Analysis - 24 August 2018

Looking back at some of this week’s biggest news, including price analyses for BTC, ETH, and XRP.

Copper

24.08.2018

Highlighting what went right, and what went wrong, in this week’s crypto news analysis. Some key decisions this week from the SEC regarding BTC ETF applications. But, perhaps echoing the Winkelvoss decision, it seems the denial was not a unanimous finding within SEC ranks. Today they have suggested the decision will be reviewed internally, though giving no timelines or guidelines on what that might entail.

Copper has been hard at work building out more features in the Copper Unlimited storage solution as well as on the Copper Platform. In September we will have some rather exciting announcements to make, especially on the Platform side, proving just how responsive we are to client requests. We may even change our motto to ‘Ask and ye shall receive’.

Below we have our weekly roundup of industry and coin specific news.  If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.

Latest Industry News

SEC rejects more BTC ETFs

  • Risk of market manipulation and/or fraud cited again as the primary reason for denial
  • Cboe and CME are not big enough futures markets to establish BTC value, according to the SEC

Read More

Are self-regulatory bodies the answer?

  • Virtual Commodities Association is established by four US exchanges, including Gemini
  • Can they fill the SEC's void and offer some stability to the BTC market?

Read More

A World Bank Bond

  • The $73m bond is issued through the World Bank and settled through the Commonwealth Bank of Australia
  • Built on a private Ethereum blockchain, using Microsoft cloud computing to run it from the US

Read More

Latest Coin News

BTC

ETH

  • Price Analysi
  • Canada creates its own
  • Crowdfunding firm
  • will release an asset-backed (SEC registered) real estate token

XRP

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