RATE Group | Whats wrong with cryptocurrencies at the moment?
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Whats wrong with cryptocurrencies at the moment?

25 Sep Whats wrong with cryptocurrencies at the moment?

Posted at 17:01h in Cryptocurrency News by

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All the hype about cryptocurrency events in September and the market was sucked in. I for one was one of those looking forward to the opening of Binance US, the Bakkt Futures ICE debut and the VanEck/SolidX ETF decision. All of those events seemed to have fallen flat on their face!

Don’t get me wrong there is still time for all of them to transpire but September seemed like such a promising month for the crypto community.

There was some good news from the VanEck – SolidX ETF. They managed to get through the SEC bylaws and offer a subscription to a privileged few select funds. The community was disappointed as the VanEck/SolidX Bitcoin ETF was generally perceived as the strongest contestant to get regulatory permission and they pulled it from contention.

This story was full of ups and downs as originally the proposals were made independently and after being rejected the two sides came together. In August last year, the SEC postponed its decision on the…

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