The American Securities and Exchange Commission (SEC) issued a statement to postpone the decision on a further Bitcoin ETF request. He explains this by supposedly needing more time to consider the proposed change of rules to assess the joint request of VanEck and SolidX Partners to launch the Bitcoin ETF. The original target date for the decision was August 16. The Commission has set 30 September 2018 as the date when it decides, approves or disapproves, or initiates a change procedure ... Interestingly, legal expert Jake Chervinsky recently predicted that the SEC would probably use its legal powers to move the decision to the beginning March 2019. The question arises of who these four commissioners work for? Read more here: https://dailyhodl.com/2018/08/07/bitcoin-drops-below-6750-as-sec-delays-decision-on-bitcoin-etf

Bitcoin hashrate has reached record highs

Data from Blockchain.info confirms that Bitcoin hashrate continues to grow in 2018. And despite the fact that prices fell and the volume of transactions went down.

Hashrate reflects Bitcoin's overall computing power and its growth is a strong indicator that, despite low prices, more and more parties are deciding to invest in this network. Bitcoin's latest performance continues with a trend that contrasts with price. "But the price follows hashrate," said Max Keizer, a journalist and former Wall Street trader. Read more here: https://bitcoinist.com/bitcoin-hashrate-hits-time-high-price-follow

"It is arrogant to deny cryptomena," says Goldman Sachs CEO

The growing number of Wall Street firms is changing sentiment and moving towards the opportunities of the emerging digital economy. On August 6, Goldman Sachs CEO Lloyd Blankfein appeared at the Economic Club in New York to answer questions about cryptomeni and their potential to replace future fiat currency. Blankfein notes that money continues to grow, morphing into unexpected forms and changing value. In the interview, he said cryptomas can replace fiat currency, just as fiat currencies have done with commodity names. He argued that it would be "too arrogant" to deny the possibility that cryptopaths would receive public adoption as normal means of payment. Read more here: https://cryptoslate.com/goldman-sachs-ceo-its-arrogant-to-deny-cryptocurrency

Japan updates cryptomenius regulations. Will the gates open to the main financial markets?

The Japanese Financial Services Agency (FSA) is reportedly seeking to update its regulatory framework for the cryptomenius industry to curb speculative investment. In April 2017, the FSA adopted legislation recognizing cryptomains as legal tender. However, the regulators did not assume that adopters turn to crypts as investments and not as payment instruments. Therefore, they are now focusing on speculative crypto-investment controls. The FSA seeks to ensure that the cryptographic sector falls within the scope of the Financial Instruments and Stock Exchange Act (FIEA), which is applicable to traditional exchanges and brokerage firms. If the proposed revision passes, the crypts will be classified as "financial products," opening up their way to major financial markets. Read more here: https://www.ccn.com/japan-targets-speculative-cryptocurrency-investments-in-regulatory-revamp

Innosilicon introduces T2-Turbo - the most effective Bitcoin ASIC miner

Bitcoin mining is a highly competitive industry that exponentially grows. Innosilicon, a Hong Kong-based firm that co-operates with a semiconductor manufacturer, has launched a new ASIC called Terminator 2-Turbo that has hashrate up to 24 TH / s. The current Innosilicon Bitcoin ASIC, known as Terminator 2, reaches 17.2 watts at 1430 W. The new T2-Turbo Miner technology has a normal power consumption of only 75 W / Th. What is up to 38% lower compared to ASIC GMO B3, which has a hashrate of 33 Th / s but a consumption of 103.5 W / Th. Read more here: https://news.bitcoin.com/innosilicons-t2-turbo-bitcoin-miner-is-powerful-but-gmos-b3-is-still-the-champ

Opera launches a built-in crypto-wallet in a desktop browser

Norwegian company Opera Ltd, whose web browser has 322 million users, has decided to add a desktop browser to a built-in crypto-wallet. Developers say it's because of "a very positive crypto-community response to the Android crypto-wallet." Opera users will no longer need to install and set up an extension in their browser. The application allows you to access the wallet by scanning the QR code. A secure system lock on your phone will be used to store keys, allowing people to sign transactions using fingerprints. Keys that control the assets remain stored only on the user's phone. Read more here: https://news.bitcoin.com/opera-browser-opens-its-built-in-cryptocurrency-wallet-to-desktop-users/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

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