CoinMarketCap to Join Forces With Vela

Now institutional clients of Vela will receive detailed information on more than 1,800 crypto-currencies and tokens provided by CoinMarketCap
23 August 2018   353

CoinMarketCap, leading provider of market data on cryptocurrency, announced partnership with an independent provider of data on financial markets Vela, thanks to which a new asset class will appear in Vela SuperFeed streaming service.

It is reported that institutional clients of Vela will receive detailed information on more than 1,800 crypto-currencies and tokens provided by CoinMarketCap. Thus, brokers, banks and other companies will be able to use the cryptocurrency market data in their operations.

We are very excited to be partnering with CoinMarketCap to provide our institutional clients with enterprise-grade access to the leading, independent source of cryptocurrency data. With crypto being one of the biggest disruptors in our space today, this agreement fortifies Vela’s entry into this innovative digital currency sector. We look forward to working with CoinMarketCap to deliver their world-leading cryptocurrency data to our institutional audience.
 

Jen Nayar

CEO, Vela

SuperFeed already has more than 100 traditional financial markets, including American, European and Asian exchanges.

With our goal to remain the most trusted and accurate source of data for the cryptocurrency community, we are pleased to be partnering with Vela, a well-respected and independent technology leader in trading and market access. Together, we are able to extend our reach to major banks, broker-dealers, and institutional firms so that they can access our information directly.
 

Brandon Chez

Founder, CoinMarketCap

On August the 1st analytical resource CoinMarketCap introduced a professional API for developers and investment funds.

SEC to Need More Info on BTC ETF

SEC is gathering more input from the public – to date, according to the agency, more than 1,400 comments have been submitted
21 September 2018   158

The US Securities and Exchange Commission (SEC) announced the beginning of a formal process for considering the application for the creation of bitcoin-ETF from the New York companies VanEck and SolidX. Nevertheless, the agency appealed to the community for more information. This is stated in the document published on the SEC website.

Institution of such proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved. Rather, as described below, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.
 

The US Securities and Exchange Commission

At the moment, the SEC received about 1,400 comments.

According to the document, the Chicago Board Options Exchange (CBOE) has signed an agreement on the exchange of data on bitcoin transactions, trading and the state of the market with the cryptocurrency trading platform with Gemini.

The agency asked commentators to clarify the position of Gemini in the digital currency market and assess the likelihood of increased volatility at this site in connection with possible trades of bitcoin-ETF.

So, before September 30, the department had to decide on whether to approve, deny or initiate the proceedings. The SEC chose the latter, which is likely to delay the process until the next year.