Bitcoin 

CME Group Announces Launch Date of Options on Bitcoin Futures Product

The Chicago Mercantile Exchange (CME) Group has announced the date it expects to launch options on Bitcoin (BTC) futures in a statement on Nov. 12. “In response to growing interest in cryptocurrencies and customer demand for tools to manage bitcoin exposure, CME Group will launch options on Bitcoin futures (BTC) on January 13, 2020,” the company revealed in the announcement. The CME Group said that the upcoming product is still pending regulatory approval. Contract specifications CME Group specified that one Bitcoin futures contract will represent 5 BTC quoted in U.S.…

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Ethereum 

Ethereum Istanbul Hard Fork Release Date Confirmed By Core Developer

Team lead at the Ethereum (ETH) Foundation Péter Szilágyi has confirmed Dec. 4 as the expected date for the network’s forthcoming Istanbul hard fork. In two tweets posted on Nov. 7, Szilágyi indicated that Istanbul will commence at block 9069000. He provided Geth mainnet node operators with a link to a new maintenance release designed to begin the hard fork’s initialization.  Geth is the name given to one of the two most popular clients used to operate nodes on the Ethereum network — the other being Parity. Ethereum gets closer…

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Cryptocurrency 

Libra Launch Date in Doubt Following Comments From Mark Zuckerberg

Libra’s proposed 2020 launch date has been thrown into doubt after Facebook CEO Mark Zuckerberg refused to put a definitive timeframe on the project. Contradicting Reports on Libra Launch Speaking to Nikkei, Zuckerberg was asked about the expected launch date of Libra, to which he replied: “Obviously we want to move forward at some point soon [and] not have this take many years to roll out, but right now I’m really focused on making sure that we do this well.” Despite coming in for heavy criticism since being announced in June, Libra…

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Bitcoin 

Bitcoin Miners Made $14 Billion to Date Securing the Network

All-time revenue for Bitcoin (BTC) miners has topped $14 billion, according to fresh data from Coin Metrics. As Yahoo! Finance reported on Aug. 30, despite the massive increase in the network’s hash rate — a factor that depresses the profitability of mining — there’s still more money in the game for miners than ever before.  Bitcoin miner revenue growing exponentially The report notes that as of the Bitcoin network’s inception, it took eight years for miners’ total revenue to break past the $5 billion mark; the next $5 billion were…

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Bitcoin 

Bakkt Names Launch Date for Bitcoin Futures Testing

Institutional cryptocurrency platform Bakkt will begin testing its first product, physically-delivered bitcoin (BTC) futures on July 22, the company announced in a blog post on June 13. Bakkt, which has seen multiple delays over regulatory compliance since its original announcement in August 2018, will offer futures as the first in a series of offerings, full details of which remain unclear. “On July 22, two days after Apollo 11’s 50th anniversary, Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and cleared at…

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Bitcoin 

Monex Reveals July Start Date for US Exchange as Coincheck Reports $15 Mln Loss in 2018

Japanese online broker Monex Group is planning to start trading in their United States cryptocurrency exchange in July, CEO Oki Matsumoto said on April 25, according to Cointelegraph Japan. The spin-off, currently dubbed TradeStation Crypto, would serve semi-professional traders and seeks to shore up profitability for Monex’s cryptocurrency offerings. Reuters also noted today that Monex had a loss of over $15 million on its crypto operations in 2018. The figure, part of financial performance data released this week, stems from the loss-making Coincheck exchange thatMonex acquired last April. Despite restructuring…

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Bitcoin 

2% of Russians Claim to Have Invested in Bitcoin to Date: National Polling Institution

Only 2% of Russians have invested in Bitcoin (BTC) so far, according to a new survey by the Russian Public Opinion Research Center (VTsIOM) published on April 9. The VTsIOM, the oldest polling institution in post-Soviet Russia, revealed that Bitcoin has not gained popularity in the country, with two thirds of Russians considering a purchase of the cryptocurrency as a bad investment. The research center has not provided either a time frame for the poll, or the number of total respondents involved in the survey. With that, 56% of Russians…

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Blockchain 

Tron Announces Sun Network May Launch Date, Reveals Key Phases for DApp Chain

Blockchain-based decentralized application (DApp) platform Tron has revealed the expansion plan of its second layer scalability solution, the Sun Network. According to a release published Monday, April 8, the network’s testnet will launch in late May. The Sun Network expansion plan includes developing DApp sidechains and cross-chain infrastructure. The second layer protocol is expected to increase the overall capacity of Tron’s network, while simultaneously allowing DApps to run with extremely low energy consumption and high security.   During the first phase, which is scheduled to start on May 30, Tron…

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Bitcoin 

Bitmain Announces Launch Date for Antminer S17 Series

Chinese crypto mining giant and ASIC hardware producer Bitmain has announced a launch date of April 9th for its new energy-efficient Antminer S17 series miners. The news was revealed in an official Bitmain blog post on March 29. As previously reported, the new miners will be fitted with Bitmain’s 7nm (nanometer) ASIC mining chip — dubbed “BM1397” — designed for mining cryptocurrencies that use the SHA256 algorithm for their proof-of-work (PoW) — most notably Bitcoin (BTC) and Bitcoin Cash (BCH). Three different Antminer S17 miners have now been specified as…

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Blockchain 

Binance CEO Reveals Testnet Release Date for Decentralized Exchange

Cryptocurrency exchange Binance will launch a testnet version of its new decentralized exchange Feb. 20, CEO Changpeng Zhao confirmed on Twitter Feb. 12. Binance DEX, plans for which first emerged last year, aims to provide a decentralized basis for cryptocurrency holders to trade tokens, removing liability and security hurdles associated with traditional, centralized platforms. The testnet release will be public, with Zhao requesting feedback from users in the same tweet today.   The date follows previous announcements with more details about Binance DEX, which will include support for cryptocurrency hardware…

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