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Ep #17 – Bitcoin ETF Refiled, Binance Going Fiat, NEM Foundation Going Broke, and More!
Manage episode 311203029 series 3089915
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In this week's episode of Cryptalk by Investing.com, our senior analyst Clement Thibault covers in depth the most important topics of the past year and provide explanations and analysis.
00:00-03:06 - Intro & Topics of the week
03:06-09:04 - Just a week after the Cboe withdrew VanEck and SolidX’s iBitcoin ETF application, the two providers are at it again. We'll talk about the application's timeline for approval or rejection, the changes in the application, and the reasons behind the move to withdraw and refile.
09:02-14:10 - Binance, one of the top cryptocurrency by volume, decided to start accepting credit cards for cryptocurrency purchases. We'll explain why the move is controversial and what Binance hopes to achieve.
14:10-19:04 - The NEM Foundation, a community-funded nonprofit established to promote the NEM blockchain (XEM), is in big financial trouble, and could end up going bankrupt. We'll explain why and analyze the implications for XEM.
19:04-22:10 - BitGo launched "Wrapped Bitcoin" - an Ethereum token backed by Bitcoin. We'll explain how it works, why they did it, and what BitGo hopes to achieve by creating this cryptocurrency crossover.
22:10 - 22:42 - Outro
It's a pleasure to be here every Sunday , reach out to me @ClemThibault on Twitter for comments. Thanks for tuning in!
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