BitBay Partners With Crypto Exchange and Major Retailer

BitBay has announced two exciting partnerships: with Pi Supply and Indacoin exchange
02 April 2018   1675

BitBay is a decentralized marketplace, which aims to enable users to buy and sell goods and services securely and anonymously, without the need for middlemen. 

According to the announcements in the official Twitter account of BitBay, it has two exciting partnerships to announce. The first one is with Pi Supply, a major retailer of Raspberry Pi and accessories, which reportedly will list their products in the BitBay Marketplace. Later, they will release a special BitBay Staking Box, which will be available to buy this upcoming week.

Bitbay partnership pi supplyBitBay Partnership

Moreover, BitBay has officially partnered with the Indacoin exchange and are looking forward to integrating fiat purchases across the BitBay platforms. Indacoin lets its users buy over 100 different cryptocurrencies through credit/debit card payment without registration. More details on both of those partnerships will be published in the next few days.

BitBay Partnership indacoinBitBay Partnership

Previously, we have reported about the release of mobile version of Bitbay Wallet App which includes the multisignature account capabilities and advanced timelock payment options. At the moment of press, these are main market parameters of BitBay:

Average price: $0,036063
Market cap: $36 425 999
24h volume: $490 180

Bitwise to Withdraw Bitcoin ETF Application

The application was filled a year ago, company met with regulator 8 times and prepared more than 500 pages of documents
15 January 2020   154

Bitwise Asset Management, a digital asset management company, has withdrawn an application to launch a Bitcoin-linked exchange-traded fund (ETF).

On Tuesday, Bitwise sent a notice to the US Securities and Exchange Commission (SEC), where it announced that it had made such a decision "in the public interest and investor protection."

We did indeed withdraw the application. This is a procedural step, and we intend to refile our application at an appropriate time.

 

Matt Hougan

Global head of research at Bitwise

He also noted that his firm is currently “working hard” to answer the SEC questions in the 112-page commentary on the initial application.

We remain fully committed to the development of a bitcoin ETF.

 

Matt Hougan

Global head of research at Bitwise

Bitwise has applied for the launch of the Bitcoin ETF in January 2019. Since then, the company met with the regulator eight times and prepared 500 pages of documentation with arguments in favor of approving its proposal.