Cryptocurrency/Blockchain Gossips And Breaking News – 2 EVENTS WE NEVER SAW COMING
Welcome to the Series #3 Of Blockchain Gossips – No Thanks To Blockchain Hypertensive Technology
It is true that Stellar coin team is about to get dissolved?
The gossip is that the team is about to part ways since there is not enough support/funds to carry on with the project.
Is it really true? OMG, it is just a rumor – No Thanks To Blockchain Hypertensive Technology.
But if by any means it is true, then, we will be seeing an important asset go down too soon.
A lot has happened. yet, I just wanted to use this time and make a daunting/needful announcement which is about Poloniex exchange Read on and you will see what to do.
#1. SEC Decision On CBOE’S BTC ETF In Lambo – Who Will Save ETF?
We learned that on September 20th, 2018 SEC or the Securities and Exchange Commission announced its decision regarding CBOE Bitcoin exchange ETF is set for a later date being postponed.
On June 20, 2018, Cboe BZX Exchange, Inc. (“BZX” or “Exchange”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”)1 and Rule 19b-4 thereunder,2 a proposed rule change to list and trade shares of SolidX Bitcoin Shares (“Shares”) issued by the VanEck SolidX Bitcoin Trust (“Trust”) under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares.
The proposed rule change was published for comment in the Federal Register on July 2, 2018.
On August 7, 2018, pursuant to Section 19(b)(2) of the Act, 4 the Commission designated a longer period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to disapprove the proposed rule change
As of September 19, 2018, the Commission has received more than 1,400 comment letters on the proposed rule change.
This order institutes proceedings under Section 19(b)(2)(B) of the Act 7 to determine whether to approve or disapprove the proposed rule change.
As noted above,
While the Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved.
However, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.
All comments on the proposed rule change are available on the Commission’s website at
2 EVENTS WE NEVER SAW COMING
#2. Poloniex Exchange To Delist Eight (8) Assets On September 25
News getting to us has pointed out that Poloniex exchange is about to delist about 8 cryptocurrency assets on September 25.
In her words,
As part of the Poloniex team’s continuous effort to improve the performance of the exchange and to better serve our customers, we are announcing that on September 25th at 12:00 ET we will be delisting eight assets: BTCD, BTM (Bitmark), EMC2, GRC, NEOS, POT, VRC, XBC.
Customers have until October 25th at 12:00 ET to close out any trades and withdraw any balances in these assets. Our goal for all delistings is to make this process as painless as possible for customers, which is why we always endeavour to:
• Provide you with seven days advance notice before removing a market
• Give holders of the impacted assets 30 days to withdraw funds from delisted assets
• Remind you with multiple forms of communication during the period leading up to the deadline
In the rare event that wallet availability is interrupted, we may extend the deadline and contact holders of impacted assets via email.
There may also be times when customers are unable to withdraw delisted assets for reasons outside of Poloniex’s control, such as when a network is no longer live.
In these situations, we will secure the delisted funds in cold storage for a reasonable period with the potential to online the funds and allow customers to withdraw should the network become operational again.
We will handle these scenarios, which we recognize can be frustrating for customers, case by case.
Once the withdrawal deadline has been reached (October 25th at 12:00 ET), withdrawals will be disabled and the asset will be fully decommissioned.
From this point forward, we will be unable to process withdrawals of impacted assets.
It is imperative that customers withdraw delisted tokens by the withdrawal deadline.
Please visit our Help Center article for more information about our delisting process, in addition to an update about previous delistings and our statement about the BitcoinDark network.
We greatly appreciate your support as we work to continuously improve the experience on Poloniex.
The Poloniex Team
The about to delisted coins:
• BTM (Bitmark),
While there is a delisting of other coins, you might be glad to know that Qtum is now welcomed and available on Poloniex.
Want more breaking news on crypto/Blockchain Tech? Get all of it here in our Telegram Handle.
What This Means & What You Have To Do
At this point in time, if you have any of the listed coin assets, you want to withdraw them to another exchange or wallet.
In case you do not know an exchange to go, go to Yobit.net.
Yobit is flexible enough to keep most delisted coins, so, go to Yobit.net and see if any of the delisted coins can be managed with their wallets.
#3 . Ripple Coin Refuses To Bottom – Nah 😎
I bet we never saw this coming. Those that trading XRP.
That is, those that bought at 4000 had a reason to be bullish because XRP rose to 8000+ and that was a clear win on the XRP trade.
Want to know how to get wins and start right away? Get all of the details as a beginner.
The Altcoin Ripple (XRP), has seen an explosive amount of growth over the past week.
As bullish as it was, according to CoinTelegraph, it even overtook Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap.
As was noted by CoinTelegraph, Ripple had a listed market cap of around $26 billion, while Ethereum — now in third on CoinMarketCap — has around $23 billion in market cap.
Bitcoin (BTC) is still ranked number one, with a market cap of around $115 billion.
Ripple has seen unprecedented 140 percent growth on the week, up almost 80 percent on the day alone. As of the last time of watching the charts, it was dancing at $0.65.
Imagine a price of $0.7 on Friday night. Congrats to nerd traders…
(Ripple at #2? Don’t bother to check, ETH had taken its place).
What do you do?
Should you trade on XRP? Sure, if you know how to.
And if you want, start from here or get down to see how to successfully trade taking inventory of 35 experts’ advice on it.
Okay, that was it.
There is a lot to tell you but I have an upcoming post which is the complete list of cryptocurrency tools you need to get started within Africa, America, and the United Kingdom.
If you want to get it, leave your crypto email below or join other growing members.
Now, if you are still interested in more breaking news, then get this.
One of the Top 7 Crypto/Bitcoin Billionaires has made the headline again, now it is not price prediction per say.
Michael Novogratz, has made headlines again with his assertion that the seller fatigue indicated by current price movements shows that the market has bottomed out for Bitcoin and other popular currencies.
The most important buzz here is that Poloniex exchange will delist eight assets on September 25.
So, if any of the about-to delisted coins might concern you, you want to move them to another wallet or reputable crypto exchange.
The about to delisted coins:
• BTM (Bitmark),
It is a pity that I have seen only 1 of the listed coin wallet on Yobit.
So, as I stated above, if you do not find a way out, use Yobit.net.
All right, it is a wrap. See you soon.
the complete list of cryptocurrency tools you need to get started within Africa, America, and the United Kingdom.