#CryptoCorner: BTC Back Over $10K, VanEck SolidX to Offer Institutions Limited BTC ETF, Binance Acquires JEX and Bitcoin.com Announces Crypto Exchange

By September 4, 2019 Bitcoin Business
Click here to view original web page at menafn.com

(MENAFN - Investor Ideas) Point Roberts, WA and Delta, BC - September 3, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.

Listen to today's Crypto Corner Podcast:


#CryptoCorner: BTC Back Over $10K, VanEck SolidX to Offer Institutions Limited BTC ETF, Binance Acquires JEX and Bitcoin.com Announces Crypto Exchange

Get the Crypto Corner Podcast on iTunes

Subscribe to Podcast RSS feed:

Crypto Corner

Coming out of the Labour Day weekend, the crypto market is looking very green with most of the top 100 coins listed by market cap posting growth in the last 24 hours, according to data fromCoinMarketCap . Bitcoin ( BTC ) has taken the lead with eight percent growth, resulting in a trading price of about $10,700 at press time. Though most major altcoins have followed suit, Bitcoin's more impressive growth positions it with a 70 percent market dominance.

CoinDeskreports that asset managers VanEck and SolidX, after having their proposed Bitcoin ETF postponed by the U.S. Securities and Exchanges Commission (SEC), will use an exemption to offer institutions a limited version of the ETF. An excerpt from a press release shared with CoinDesk reads:

"The shares will provide institutional investors access to a physically-backed bitcoin product that is tradeable through traditional and prime brokerage accounts. The Shares are the first institutional-quality, cleared product providing exposure to bitcoin and enabling a standard ETF creation-and-redemption process."

Daniel H. Gallancy, CEO of SolidX, commented:

"As the first bitcoin product in the U.S. with standard ETF creation and redemption and established clearing and settlement processes, institutional investors can finally gain exposure to bitcoin within a familiar context. We view the product as an exciting next step for SolidX and VanEck in our partnership as we work to bring institutional-quality crypto asset products to the marketplace."

Crypto exchange giant Binance has announced theacquisitionof JEX, a crypto-trading platform that offers spot and derivatives trading. This will provide Binance users with professional services including futures contracts, options and other derivative products. An article fromFinance Magnatesquotes Binance co-founder Yi He on the acquisition:

"JEX has a seasoned developer team with proven experience in cryptoasset product development. JEX has developed solid derivatives product offerings including perpetual contracts and options, which are aligned with Binance's product roadmaps [sic] in the cryptoasset derivatives market.

We hold an open mind and welcome more partners to join the Binance ecosystem. We look forward to delivering more innovative derivative products in the future as Binance JEX."

Bitcoin.com hasannouncedthe launch of its own crypto exchange. The exchange already has 10,000 accounts signed up after pre-registration was opened last month. Bitcoin.com's CEO Stefan Rust commented

"When you want to trade cryptocurrency, you look for an exchange which is trustworthy and which also offers you a wide range of digital assets. Bitcoin.com has been in the crypto space since the beginning and our new exchange, which supports many different coins and soon SLP [simple ledger protocol] tokens, will complement our existing trusted products in making money work for everyone."

Sam Mowers, Investorideas

Read other editions of the Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News

Learn more about sponsoring this podcast or be a guest and our other branded content opportunities at Investorideas.com

More info on the sector:

Investor Ideas is positioning as a leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com , Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensiveBitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles ,podcastsand videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the dailyCrypto Cornerand Podcast,Play by Playsports and stock news column,Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and theAI Eye Podcastand column covering developments in AI.

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:


Disclaimer/Disclosure: Investorideas.comis a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info:https://www.investorideas.com/About/Disclaimer.aspLearn more about publishing your news release and our other news services on the Investorideas.com newswirehttps://www.investorideas.com/News-Upload/and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy:https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Learn more about our news, PR and social media services at Investorideas.com


Follow us on Twitterhttps://twitter.com/Investorideas

Follow us on Facebookhttps://www.facebook.com/Investorideas

Follow us on YouTubehttps://www.youtube.com/c/Investorideas

Download ourMobile Appfor iPhone and Android

Contact Investorideas.com


Get moreBitcoin and Blockchain Investor ideas- news, articles, podcastsand stock directories


Leave a Reply