Daily Cryptocurrency Bulletin For Wednesday, June 26, 2019

June 26, 2019 2:14 pm Published by

General News

Amun AG, the swiss-based fintech firm, has launched a new exchange-traded product (ETP) using the Bitwise 10 Select Large Cap Crypto Index as a benchmark after Bitwise licenced its index – the first physically replicated crypto index product. The Amun Bitwise Select 10 Large Cap Crypto ETP is now the fifth ETP Swiss SIX Exchange has permitted.

Facebook published plans for the Libra cryptocurrency in seven languages, including Indonesia’s Bahasa, as they aim specifically to target the largely unbanked nation. Indonesia has the fourth-highest number of Facebook users, the world’s highest rate of Facebook post engagement among internet users and the highest frequency of online shopping. 

LedgerX is set to become the first provider of physically settled bitcoin futures contracts in the U.S. (second company worldwide) after the Commodity Futures Trading Commission (CFTC) approved its application for a designated contract market (DCM) license.

Plouton Mining will build North America’s largest solar-powered bitcoin mining farm. The site in Western Mojave will feature 49 acres of solar panels generating 10-13 MW daily.

Wilshire Phoenix Fund’s ETF proposal is now open to a 21-day public comment period following the SEC’s published rule change proposal. The proposed ETF backed by BTC and Treasury bills would allow Wilshire Phoenix Fund to list shares on NYSE Arca exchange.

Germany’s CDU and CSU Union are looking to use blockchain for public service tasks such as administrative services, electronic health records, document protection, and registration – as well as declaring support for the development of a state cryptocurrency.

Iran’s government will be cutting off power to crypto mining until new energy prices are approved following the country’s 7% spike in electricity consumption over the last month.


Bitcoin $12,530.25 USD (10.27 percent) hit $13,000 for the first time in over 17 months, backed by consistent levels of volume. BTC dominance is now at 61.7 percent – highest in over 2 years. BTC’s rise has been attributed to the risein institutional activity over the past year, according to data from institutional crypto lender Genesis Capital – reporting volumes two to three times higher than they were twelve months ago. Meanwhile, Square is rolling out bitcoin deposits for its mobile Cash App.

Ethereum $335.47 USD (7.28 percent): The world’s largest cryptocurrency asset manager has officially opened its Grayscale Ethereum Trust to trading on OTC markets. Accredited investors can now trade unregistered Grayscale Ethereum Trust shares the same way they would invest in other unregistered OTC securities using symbol ETHE.

Stellar’s $0.008981 USD (-6.53 percent) micropayments platform SatoshiPay has partnered with the global non-profit journalistic platform FairPlanet. Users on FairPlanet can now donate XLM through any article using SatoshiPay.

VeChain’s $0.008981 USD (-6.53 percent) Thor blockchain will be used by Walmart China to track food through its supply chain. The Walmart China Blockchain Traceability Platform (WCBTP) is a joint venture by Walmart China, VeChain, PwC, cattle company Inner Mongolia Kerchin and the China Chain-Store & Franchise Association. Walmart China already revealed 23 product lines that the system will track and plans to release another 100 products, covering more than 10 product categories. VET rose 70 percent yesterday. 

– WN.com, Jamie Saarloos

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