VHCEx (Apr 26)

Nasdaq is trading paper Bitcoin and Litecoin

According to a screenshot by Twitter’s user, Cryptopolis, Nasdaq is currently trading Bitcoin. However, TD Ameritrade support confirms the user that this is just a test for paper trading. Additionally, when being asked what CXERX in the screenshot, the employee declined to comment. Later on, Charlie Lee confirmed that LTC is also added in the list of paper trading platform.

Bitcoin is showing the sign of green market

A recent tweet by Alex Kruger showed the current Bitcoin mining cost which is $3550. However, this value can vary as the electricity rate used in the calculation is $0.055 per kWh. However, BTC mining becomes profitable is not the only sign showing the recovery of the market.

According to blockchain explorer, confirmed Bitcoin transactions reached 400,000 txs which the highest since the last bull run. Many investors believe that this shows the sign of accumulation while others believe that whales are slowly selling their BTC to push it down one more. However, the answer is unknown. However, let's not be greedy because of that accumulation rumor. Like we have mentioned in one of our videos, you are better off selling on the way up instead of waiting for the top. This is crypto, who knows when will it drop?

Binance DEX launched

The largest crypto exchange, Binance has finally launched their DEX. Additionally, all the Binance tokens have been migrated from Ethereum to Binance Chain to become the native asset of the network. Initially, these are the supported wallet on Binance DEX: Trust Wallet, Ledger, Magnum Wallet, Cool Wallet, Coinomi Wallet, Atomic Wallet, ZelCore Wallet, Infinito Wallet, Math Wallet, Ellipal Wallet, Guarda Wallet, and Exodus. However, Binance hasn’t opened trading feature yet.

Currently, user can access to Binance Chain explorer, web wallet, public data nodes and APIs. On side note, we haven’t found any comments related to the state of the Binance centralized exchange which means Binance might run both exchanges parellelly.

Societe Generale issues $122 million ETH bond

A subsidiary of Societe Generale, Societe Generale Group has announced that the company has issued $122 million of covered bonds as a security token and it is directly registered on Ethereum. This is the first pilot project developed by the company and it was launched via Internal Startup Call. On a side note, this is not the only blockchain projects they involve.

BMW built a digital ledger using VeChainThor

In VeChain Summit 2019, Cihan Albay, Lead IT Tech Office Singapore announced that BMW has finished building a digital ledger using VeChain blockchain. Additionally, by implementing digital ledger, every car interaction will have their own hash on the blockchain.

Not everyone is a good investor

Japanese second-richest man, Masayoshi Son lost $130 million for missing the 2017 bull run. WSJ reported that Masayoshi bought Bitcoin in late 2017 and sold his position in early 2018. Additionally, WSJ also said that he bought BTC according to a recommendation by a Bitcoin evangelist. Masayoshi is said to be one of the keen investors but he still failed to buy the bottom and sell the top. However, that doesn't mean you can't make the same mistake.

Thank you for reading,
your VHCEx team!