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Virtual Reality Tumors Could Help Lead to New Cancer Treatments

A new virtual reality simulation built by Cambridge University scientists gives a high-resolution detail view into the cells of a breast cancer tumor.

Oculus Oncologists

Doctors have a new weapon in the fight against cancer: detailed maps of the cells in a tumor that can be explored and analyzed in a virtual reality simulation that its creators say provides researchers with an intuitive new way to examine complex medical data that could lead to unexpected breakthroughs.

Built by doctors at the Cancer Research UK Cambridge Institute (CRUK), the new virtual lab takes detailed scans of breast cancer tissues and turns them into detailed simulations that doctors around the world can explore, the BBC reports.

The simulation lets doctors analyze every single cell of a tumor, something they’ve never been able to do before. And because that data is stored in a simulation rather than microscope slides, doctors around the world can explore and study the cancer without having to prepare their own samples.

“Understanding how cancer cells interact with each other and with healthy tissue is critical if we are going to develop new therapies,” CRUK Chief Scientist Karen Vousden told the BBC. “Looking at tumors using this new system is so much more dynamic than the static 2D versions we are used to.”

Dive in Headfirst

The Cambridge scientists and peers from around the world who helped develop the virtual lab won two separate 20 million pound grants ($25.3 million each) to build up their project from Cancer Research UK last year.

Now they have a functional simulation built up from highly-detailed scans of a cubic millimeter-sized sample of breast cancer tissue. In that sample, each of the roughly 100,000 cells was marked to highlight its molecular and genetic characteristics.

Enhance! Enhance!

With that information, the resulting VR map highlights which cells are cancerous which have certain genetic variations, and how developed the tumor was at the time of the biopsy. All of this is information that was laborious to obtain from samples that were easily contaminated.

Moving the analysis to VR makes tumor research much more user friendly and lets doctors analyze cells in greater detail than ever before.

Not only does that let scientists literally immerse themselves in their work as they look for new cancer treatments, but it can also open the door to more collaborative diagnosis and patient care among teams that are spread around the world.

These simulations don’t guarantee that doctors will find new ways to treat or prevent breast cancer, but at least it makes the search much easier.

READ MORE: ‘Virtual tumour’ new way to see cancer [BBC]

More on virtual reality: VR TREATMENT, EVEN WITHOUT A THERAPIST, HELPS PEOPLE OVERCOME FEAR OF HEIGHTS

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Virtual Reality Tumors Could Help Lead to New Cancer Treatments

New Multi-Sensory Mask Lets You Smell and Feel the Virtual World

multi-sensory mask

Talk Sense

More than three years ago, we first caught a whiff of an odor-delivering virtual reality mask. Now, the device is a step closer to hitting the market.

Last week, Brooklyn-based tech company Feelreal announced the pre-release of its Feelreal Multi-Sensory Mask. The company claims the device is the first of its kind — and even as VR struggles to gain mainstream traction, it provides a far-out vision of immersive virtual worlds that no longer end at what you can see and hear.

All the Feels

Feelreal’s Multi-Sensory Mask includes a “scent generator” that holds up to nine replaceable cartridges, each loaded with one of 255 available scents. An ultrasonic ionizing system provides the feeling of water mist on the wearer’s face, while micro-heaters, micro-coolers, and haptic motors provide the sensations of heat, wind, and vibration, respectively. 

The system is compatible with five VR headsets — Samsung Gear VR, Oculus Rift, Oculus Go, HTC Vive, and PlayStation VR — and it’s already capable of enhancing the experience of several existing VR games.

If gaming’s not their thing, users can also watch 360-degrees videos or custom-built VR experiences via the mask’s built-in Feelreal player, or they can use it as a standalone device to facilitate meditation or aromatherapy.

Funding Not Secured

This isn’t the first device designed to add new senses to the VR experience, of course. We’ve already seen gadgets that let you feel like you’re smellingtouching, and even tasting the virtual world.

The number of games and movies currently compatible with the Feelreal Multi-Sensory Mask is also limited, but obviously that could change if the device caught on with users.

Feelreal has yet to reveal a price for its multi-sensory mask or even when the device will be available. According to the press release, the company will be “announcing a Kickstarter [c]rowdfunding campaign to help bring Feelreal products to the next level,” so right now, it appears the future of the device — and potentially the future of VR — is in the public’s hands.

READ MORE: Feelreal Multi-Sensory VR Mask Lets You Smell the Virtual Roses [New Atlas]

More on VR: Add Another Sense to Virtual Reality

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New Multi-Sensory Mask Lets You Smell and Feel the Virtual World

New Fiber Could Be the Foundation for Futuristic Smart Garments

Chinese engineers just figured out how to manufacture a self-assembling silver nanowire that can be woven into high-tech clothing.

Smart Garments

Designers of smart garments have a vision: that we’ll come to use electronics woven into the clothes we wear not just as dazzling new ways to express ourselves, like the light-up prom dress that went viral in 2017, but as extensions of our digital lives that could collect biometric data or even grant wearers superhuman senses.

The problem is that today’s old-fashioned textiles are already the result of thousands of years of innovation, and versions that incorporate wearable computing tech need to be just as hardy. Smart garments will have to be resilient in the face of everything from wash-and-fold to sweaty workouts, not to mention as long-lasting as a trusty t-shirt.

One key challenge has always been creating conductive wires that can carry current between components in a smart garment without breaking down over time as it flexes, twists, and gets wet. Now, Chinese scientists say they’ve invented a new type of self-assembling silver nanowire, inspired by the capillaries in your cardiovascular system, that could be the most practical attempt yet.

Wirehead

The new research, published Thursday in the journal Nano by researchers at the Chinese Nanjing University of Posts and Telecommunications, describes silver-based wiring that’s cheap to make and could lead to more comfortable and durable smart textiles than ever before.

Here’s how it works. The engineers behind this silver fiber found a way to manufacture tiny wires without much of the headache that normally comes with nanotech assembly. Instead of painstakingly crafting the tiny wires that transport electricity throughout their fabric, the scientists concocted a silver-based solution that automatically soaks into tube-like fibers, drawing into the tube like blood into a capillary.

As the solution evaporates, it leaves behind flexible, durable, and highly-conductive silver nanowires, according to the research. Compared to traditional copper wires, they can withstand much more abuse without breaking. That could mean a future with smart clothes that survive everyday wear and tear — or maybe, if we’re lucky, invisibility cloaks or the water-harvesting suit from “Dune.”

Déjà vu

Like so many other smart textile projects that have popped up over the past few years, this research is still at the proof-of-concept stage. For all of the progress scientists have made, very few attempts to integrate that tech into clothing have taken off.

But the consistency with which researchers, makers, and hackers — not to mention sci-fi writers — have imagined smart garments over the decades suggests a genuine demand for the concept that we could see within a lifetime. At least, that is, if it can survive 40 minutes in a clothes dryer.

READ MORE: Silver nanowires promises more comfortable smart textiles [World Scientific]

More on smart textiles: A NEW BATTERY CAN BE STITCHED INTO CLOTHES TO POWER WEARABLES

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New Fiber Could Be the Foundation for Futuristic Smart Garments

Cacti-Inspired Tech Could Keep You Hydrated After the Apocalypse

water collection

Good Nature

If the world ever devolves into a post-apocalyptic desert wasteland, you’ll probably need to watch out for dust storms and violent bikers gangs. But you might not have to worry about finding enough water.

That’s because a team of researchers at the Ohio State University (OSU) has been studying how some of the desert’s most efficient water collectors manage to quite literally pull water from midair — and what they learned could help ensure we all have enough clean drinking water, before or after the breakdown of social order.

Beneath the Surface

In a study published Monday in the journal Philosophical Transactions of the Royal Society, researchers from OSU describe how cacti, desert grass, and desert beetles collect water from the fog that falls over the desert at night. The researchers then used 3D printers to create surfaces that mimicked the natural ones of those three desert dwellers.

They covered some of the surfaces in grooves similar to those that help a desert grass channel water toward its roots. Other surfaces bore cones designed to mimic the water-collecting spines of the cactus.

The researchers also tested out different materials, including ones that were heterogeneous — a mix of water-collecting and water-repelling spots —  like the surface of a beetle’s back, which plays a major role in its water collection.

Then they tested the various surfaces by placing them in a room with a humidifier. The result: they determined that the best surface for water collection would incorporate a heterogeneous material and multiple grooved cones, each inclined at a 45-degree angle.

Water Everywhere

The researchers believe a large-scale structure based on their findings could one day gather water from fog or condensation that people in dry environments could then drink.

“Water supply is a critically important issue, especially for people of the most arid parts of the world,” researcher Bharat Bhushan said in a press release. “By using bio-inspired technologies, we can help address the challenge of providing clean water to people around the globe, in as efficient a way as possible.”

Let’s just hope they manage to scale-up their tech well before any sort of apocalypse.

READ MORE: Collecting Clean Water From Air, Inspired by Desert Life [The Ohio State University]

More on a post-apocalyptic world: How to Survive a World-Ending Scenario, According to Science

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Your Christmas Tree Could Be Recycled Into Paint or Sweeteners

Pine needles on a green Christmas tree

Prickly Situation

Gifts have been opened, cookies have been eaten, Christmas has come and gone. Still, the last vestige of holiday festivities remains: the slowly decaying Christmas tree husk in your living room.

Even as fake tree sales rise, as many as 30 million real Christmas trees are sold in the United States each year. After serving as Yuletide decorations, many of these trees will head to landfills.

But now, in a flourish of environmental Christmas magic, researchers from the UK’s University of Sheffield have found a way to break down a component in pine needles called lignocellulose and use it to create paints and sweeteners — a heartening seasonal example of how biotech discoveries can reduce waste at unexpected points on the global supply chain. 

Lignocellulose Jam

Lignocellulose is ugly. No, really. Its chemical structure makes it difficult to use for biomass energy, and it serves little industrial purpose. Sheffield PhD student Cynthia Kartey’s work has focused on examining ways to make use of this material, and now she may be on to something.

Using heat and glycerol Kartey was able to break down the pine needles into two components, one of which was made mostly of materials like glucose, acetic acid and phenol. All three have uses in other industries — glucose is used to make food sweeteners, phenol is used in products like mouthwash, and acetic acid for making adhesives, vinegar, and even paint.

“In the future, the tree that decorated your house over the festive period could be turned into paint to decorate your house once again,” Kartey said in a press release.

Green Again

Recycling and repurposing waste products is almost certain to become an increasingly important aspect of the future economy.

We’re already beginning to see the process in action, from recycling space junk to reusable beer bottles and even bricks made from literal human urine. Soon, perhaps even Christmas trees will keep our future green and fresh-pine scented.

READ MORE: Pine needles from old Christmas trees could be turned into paint and food sweeteners in the future [University of Sheffield]

More on the Future of Recycling: New Powder Captures CO2 Before It Can Hit the Atmosphere

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Space Travel Doesn’t Seem to Shorten Astronauts’ Lives, Says Study

Astronauts and professional athletes have similar mortality rates, according to a new study, which suggests that space travel doesn't cause premature death.

Life Goes On

We’ve long known that traveling in space carries numerous health risks — it exposes astronauts to higher levels of radiation than the rest of us, and they have reported such health problems as partial blindness upon returning to Earth — but we never actually knew if working in space caused astronauts to die prematurely.

“The challenge has always been to understand if astronauts are as healthy as they would be had they been otherwise comparably employed but had never gone to space at all,” mortality researcher Robert Reynolds told Reuters in an interview published on Wednesday. “To do this, we needed to find a group that is comparable on several important factors, but has never been to space.”

Luckily, he found one — but while his comparison of the two groups resulted in good news for today’s astronauts, the same might not hold true for the people we send to space in the future.

Space Ballin’

Astronauts tend to be more physically fit and affluent than the average American, with access to better healthcare. That makes studying astronaut mortality difficult — they’re too different from the average person to draw any sound conclusions. But they aren’t all that different from National Basketball Association (NBA) and Major League Baseball (MLB) players, who also tend to be fit, affluent, and treated by top-of-the-line medical professionals.

In a study published in the journal Occupational & Environmental Medicine, Reynolds and his colleagues at Mortality Research & Consulting, Inc. describe how they compared data on men who played for either the NBA or MLB between 1960 and mid-2018 with data on male U.S. astronauts.

This comparison led them to conclude that both athletes and astronauts had a lower risk of premature death than the general U.S. population. Astronauts also died from heart disease at a lower rate than the athletes and of cancer at about the same rate.

“We cannot be sure from the data we have, but we speculate that cardiovascular fitness in particular is the most important factor in astronaut longevity,” Reynolds told Reuters.

Past ? Future

This study fills an important gap in our understanding of the impact of space travel on astronauts, but we still have much to learn. For example, we know space affects female astronauts differently than their male colleagues, so do they also have lower mortality rates than the general population?

We’ve also only been sending people to space for 57 years and fewer than 600 have made the trip. That’s not a lot of data to work with, and the conclusions on astronaut mortality might change as more becomes available.

As Francis Cucinotta, an expert in radiation biology who wasn’t involved in the study, told Reuters, just because space travel isn’t linked to premature death in today’s astronauts doesn’t mean the same would hold true in the future. Crewed missions to Mars are in the works, for example, and those would expose astronauts to a dose of radiation 50 to 100 times higher than past off-world missions, said Cucinotta.

And radiation is just one factor. There’s also a chance anything from Martian dust to the psychological strain on longterm space travel could impact future astronauts’ mortality, so before we risk taking years off anyone’s life by sending them into space, we’ll need to be sure we conduct as much research as possible here on Earth.

READ MORE: Work in Space Does Not Seem to Shorten Astronauts’ Lives [Reuters]

More on astronaut health: Traveling to Mars Could Cause Life-Threatening Damage to Astronauts’ Guts, Says Study

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Space Travel Doesn’t Seem to Shorten Astronauts’ Lives, Says Study

Musk: Tesla’s Fully Autonomous Capabilities “About to Accelerate”

Tesla CEO Elon Musk pledged this week that the electric car maker is about to kick its fully autonomous self-driving vehicle ambitions up a notch.

“About to Accelerate”

Tesla appears ready to kick its vehicles’ fully autonomous capabilities up a notch.

In an email to employees this week, obtained by Inverse, CEO Elon Musk pledged that Tesla’s fully autonomous driving system was “about to accelerate significantly.”

Musk hasn’t always delivered on his ambitious public promises, but the email signals that he is positioning himself against the autonomous car hype trough — pushing for a future in which self-driving cars are a key aspect of transportation and not a glorified cruise control for luxury models.

Hype Trough

Just a few years ago, a growing number of experimental autonomous cars on public roads gave the impression that the arrival of safe and reliable self-driving vehicles was only a matter of time.

But a growing sense of the remaining engineering challenges — not to mention the March 2018 death of a pedestrian run down by a self-driving Uber vehicle — have chipped away at that confidence.

The evidence that self-driving vehicle manufacturers aren’t always upfront with the public hasn’t helped either. An excoriating October New Yorker investigation into the early years of the Google self-driving research project that eventually became Waymo found that the company had performed reckless road tests early in its work — and hadn’t always reported accidents.

Road Ahead

Musk’s promise to accelerate fully autonomous research, along with a call for more internal Tesla testers for the program, run precisely counter to that narrative. That’s not surprising: the eccentric Musk is known for imagining futures that are still years away — and using his wealth and influence to attempt to steer history toward or away from them.

Maybe the real question is political, rather than technological: Whether the relentless will of one person enough to pull an entire industry onto a different track.

READ MORE: Elon Musk Calls for More Testers Ahead of Tesla Full Self-Driving Launch [Inverse]

More on Tesla: Elon Musk Pledges Tesla Superchargers For All of Europe Next Year

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Musk: Tesla’s Fully Autonomous Capabilities “About to Accelerate”

Australian Autonomous Train Is The “World’s Largest Robot”

A mining corporation says an autonomous rail system it's been developing in Australia is fully operational, making it the

Robot Train

Mining corporation Rio Tinto says that an autonomous rail system called AutoHaul that it’s been developing in the remote Pilbara region of Australia for several years is now entirely operational — an accomplishment the company says makes the system the “world’s largest robot.”

“It’s been a challenging journey to automate a rail network of this size and scale in a remote location like the Pilbara,” Rio Tinto’s managing director Ivan Vella told the Sidney Morning Herald, “but early results indicate significant potential to improve productivity, providing increased system flexibility and reducing bottlenecks.”

One Track Minded

The ore-hauling train is just one part of an ambitious automation project involving robotics and driverless vehicles that Rio Tinto wants to use to automate its mining operations. The company conducted its first test of the train without a human on board earlier this year, and it now claims that the system has completed more than a million kilometers (620,000 miles) of autonomous travel.

In response to concerns from labor unions, Rio Tinto promised that the autonomous rail system will not eliminate any existing jobs in the coming year — though it’s difficult to imagine the project won’t cut into human jobs in the long term.

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Chinese Scientists Reportedly Lost Track of Gene-Edited Patients

gene-editing

The Case of the Missing Patients

China is finally looking into its scientists’ human gene-editing trials — but some patients are already out of view.

According a newly published Wall Street Journal story, Chinese scientists using CRISPR technology provided by the startup Anhui Kedgene Biotechnology have lost touch with at least some of the late-stage cancer patients whose DNA they altered.

That means no one knows for sure how the editing may have affected the patients in the longer term — and according to experts, that lack of follow-up could affect CRISPR research far beyond China’s borders.

Keeping Tabs

In the U.S., the Food and Drug Administration recommends that researchers follow up with patients involved in gene therapy trials for 15 years. No such recommendation exists in China, however, and Chinese CRISPR researchers’ lack of extended follow-up could prove disastrous as the nascent technology finds its footing.

Feng Zhang, one of the inventors of CRISPR, told The WSJ that gene-editing trials “hinge upon rigorous trial design and follow-ups.” Jennifer Doudna, another CRISPR inventor, said it’s “vital” that researchers conduct long-term monitoring of gene-edited patients.

“Since we do not fully understand the human genome and are still developing knowledge of CRISPR-Cas technology, we need to monitor the intended and unintended consequences over the lifespan of patients,” Doudna told The WSJ.

Closer Look

The Chinese government has thus far remained fairly hands-off with regards to CRISPR research — it hasn’t even tasked any one federal body with overseeing its gene-editing trials — but that could be changing.

On Thursday, the South China Morning Post reported that China is asking hospitals and universities to submit thorough reports on all human gene-editing trials conducted since 2013.

This closer look at human gene editing is likely due to the international backlash the nation faced in the wake of Chinese researcher He Jiankui announcing he’d modified the genes of human embryos. Those embryos were then implanted into a woman, who gave birth to twin girls.

While it might be too late to find out what sort of long-term effect CRISPR may have had on the missing patients from that cancer trial, China’s newfound interest in what’s happening within the walls of its labs could at least ensure that current and future trials don’t make the same mistakes — and hopefully, it’ll prevent any other researchers from following in He’s reckless footsteps.

READ MORE: Chinese Gene-Editing Experiment Loses Track of Patients, Alarming Technology’s Inventors [The Wall Street Journal]

More on human gene editing: Chinese Scientists Claim to Have Gene-Edited Human Babies For the First Time

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Chinese Scientists Reportedly Lost Track of Gene-Edited Patients

Netflix’s Bandersnatch Teases the Future of Entertainment

Bandersnatch

CYOA Grows Up

The choose-your-own-adventure story format is no longer just for books. It’s also no longer only for kids.

In October, an anonymous source told Bloomberg that Netflix planned to release an interactive episode of its dystopian sci-fi series “Black Mirror.” Rather than pushing play and sitting back to watch a linear story unfold before their eyes, viewers would need to make choices at various points throughout the episode, sending the plot in a new direction with each decision.

At 3:01 a.m. ET on Friday, Netflix confirmed that report with the release of the “Black Mirror” episode Bandersnatch — and the overwhelmingly positive response to the episode looks like a sign that adult viewers are ready to embrace interactive storytelling.

Choose Wisely

The general — and spoiler-free — plot of Bandersnatch is this: Young computer coder Stefan, portrayed by “Dunkirk” actor Fionn Whitehead, is hired to help create a computer game inspired by a choose-your-own-adventure novel.

How that experience plays out, however, depends on the viewer’s decisions, which they input using their TV remote, game controller, smartphone, or tablet. Netflix execs claimed during a November media event, as reported by The New York Times, that Bandersnatch has “five main endings with multiple variants of each.”

The interactive format works on pretty much any device you’d use to watch Netflix, including most TVs, game consoles, web browsers, smartphones, and tablets. The primary platforms that don’t support it are Chromecast and Apple TV, according to Netflix.

Striking Gold

This isn’t Netflix’s first foray into interactivity. In June 2017, the platform released “Puss in Book: Trapped in an Epic Tale,” an interactive short animated film for children.

However, this is Netflix’s first test of the format with adult viewers, and though Bandersnatch hasn’t even been out for 12 hours yet at the time of writing, it’s already receiving an overwhelmingly positive response — it quickly became a trending topic on Twitter, and a reviewer for The Guardian even went so far as to call it a “meta masterpiece.”

According to The Independent, Netflix is already asking producers to submit proposals for other interactive content in a variety of genres. Given the breathless response to Bandersnatch, it’s hard to imagine that Netflix won’t green light at least a few.

Equally hard to imagine is other platforms not attempting to replicate the platform’s success themselves. So with the release of just one creepy episode of “Black Mirror,” Netflix may have ushered in an entirely new era in entertainment.

READ MORE: ‘Black Mirror’ Gives Power to the People [The New York Times]

More on Netflix: Netflix Plans to Try out “Interactive” Shows

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Ripple Price Forecast: XRP vs SWIFT, SEC Updates, and More

Ripple vs SWIFT: The War Begins
While most criticisms of XRP do nothing to curb my bullish Ripple price forecast, there is one obstacle that nags at my conscience. Its name is SWIFT.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the king of international payments.

It coordinates wire transfers across 11,000 banks in more than 200 countries and territories, meaning that in order for XRP prices to ascend to $10.00, Ripple needs to launch a successful coup. That is, and always has been, an unwritten part of Ripple’s story.

We’ve seen a lot of progress on that score. In the last three years, Ripple wooed more than 100 financial firms onto its.

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Cryptocurrency Price Forecast: Trust Is Growing, But Prices Are Falling

Trust Is Growing…
Before we get to this week’s cryptocurrency news, analysis, and our cryptocurrency price forecast, I want to share an experience from this past week. I was at home watching the NBA playoffs, trying to ignore the commercials, when a strange advertisement caught my eye.

It followed a tomato from its birth on the vine to its end on the dinner table (where it was served as a bolognese sauce), and a diamond from its dusty beginnings to when it sparkled atop an engagement ring.

The voiceover said: “This is a shipment passed 200 times, transparently tracked from port to port. This is the IBM blockchain.”

Let that sink in—IBM.

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Cryptocurrency Price Forecast: Trust Is Growing, But Prices Are Falling

Cryptocurrency News: XRP Validators, Malta, and Practical Tokens

Cryptocurrency News & Market Summary
Investors finally saw some light at the end of the tunnel last week, with cryptos soaring across the board. No one quite knows what kicked off the rally—as it could have been any of the stories we discuss below—but the net result was positive.

Of course, prices won’t stay on this rocket ride forever. I expect to see a resurgence of volatility in short order, because the market is moving as a single unit. Everything is rising in tandem.

This tells me that investors are simply “buying the dip” rather than identifying which cryptos have enough real-world value to outlive the crash.

So if you want to know when.

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Cryptocurrency News: Bitcoin ETFs, Andreessen Horowitz, and Contradictions in Crypto

Cryptocurrency News
This was a bloody week for cryptocurrencies. Everything was covered in red, from Ethereum (ETH) on down to the Basic Attention Token (BAT).

Some investors claim it was inevitable. Others say that price manipulation is to blame.

We think the answers are more complicated than either side has to offer, because our research reveals deep contradictions between the price of cryptos and the underlying development of blockchain projects.

For instance, a leading venture capital (VC) firm launched a $300.0-million crypto investment fund, yet liquidity continues to dry up in crypto markets.

Another example is the U.S. Securities and Exchange Commission’s.

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Cryptocurrency News: Looking Past the Bithumb Crypto Hack

Another Crypto Hack Derails Recovery
Since our last report, hackers broke into yet another cryptocurrency exchange. This time the target was Bithumb, a Korean exchange known for high-flying prices and ultra-active traders.

While the hackers made off with approximately $31.5 million in funds, the exchange is working with relevant authorities to return the stolen tokens to their respective owners. In the event that some is still missing, the exchange will cover the losses. (Source: “Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds,”.

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Cryptocurrency News: This Week on Bitfinex, Tether, Coinbase, & More

Cryptocurrency News
On the whole, cryptocurrency prices are down from our previous report on cryptos, with the market slipping on news of an exchange being hacked and a report about Bitcoin manipulation.

However, there have been two bright spots: 1) an official from the U.S. Securities and Exchange Commission (SEC) said that Ethereum is not a security, and 2) Coinbase is expanding its selection of tokens.

Let’s start with the good news.
SEC Says ETH Is Not a Security
Investors have some reason to cheer this week. A high-ranking SEC official told attendees of the Yahoo! All Markets Summit: Crypto that Ethereum and Bitcoin are not.

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Cryptocurrency News: New Exchanges Could Boost Crypto Liquidity

Cryptocurrency News
Even though the cryptocurrency news was upbeat in recent days, the market tumbled after the U.S. Securities and Exchange Commission (SEC) rejected calls for a Bitcoin (BTC) exchange-traded fund (ETF).

That news came as a blow to investors, many of whom believe the ETF would open the cryptocurrency industry up to pension funds and other institutional investors. This would create a massive tailwind for cryptos, they say.

So it only follows that a rejection of the Bitcoin ETF should send cryptos tumbling, correct? Well, maybe you can follow that logic. To me, it seems like a dramatic overreaction.

I understand that legitimizing cryptos is important. But.

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Cryptocurrency News: Bitcoin ETF Rejection, AMD Microchip Sales, and Hedge Funds

Cryptocurrency News
Although cryptocurrency prices were heating up last week (Bitcoin, especially), regulators poured cold water on the rally by rejecting calls for a Bitcoin exchange-traded fund (ETF). This is the second time that the proposal fell on deaf ears. (More on that below.)

Crypto mining ran into similar trouble, as you can see from Advanced Micro Devices, Inc.‘s (NASDAQ:AMD) most recent quarterly earnings. However, it wasn’t all bad news. Investors should, for instance, be cheering the fact that hedge funds are ramping up their involvement in cryptocurrency markets.

Without further ado, here are those stories in greater detail.
ETF Rejection.

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Cryptocurrency News: Bitcoin ETF Rejection, AMD Microchip Sales, and Hedge Funds

Cryptocurrency News: What You Need to Know This Week

Cryptocurrency News
Cryptocurrencies traded sideways since our last report on cryptos. However, I noticed something interesting when playing around with Yahoo! Finance’s cryptocurrency screener: There are profitable pockets in this market.

Incidentally, Yahoo’s screener is far superior to the one on CoinMarketCap, so if you’re looking to compare digital assets, I highly recommend it.

But let’s get back to my epiphany.

In the last month, at one point or another, most crypto assets on our favorites list saw double-digit increases. It’s true that each upswing was followed by a hard crash, but investors who rode the trend would have made a.

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Cryptocurrency News: What You Need to Know This Week

Cryptocurrency News: Vitalik Buterin Doesn’t Care About Bitcoin ETFs

Cryptocurrency News
While headline numbers look devastating this week, investors might take some solace in knowing that cryptocurrencies found their bottom at roughly $189.8 billion in market cap—that was the low point. Since then, investors put more than $20.0 billion back into the market.

During the rout, Ethereum broke below $300.00 and XRP fell below $0.30, marking yearly lows for both tokens. The same was true down the list of the top 100 biggest cryptos.

Altcoins took the brunt of the hit. BTC Dominance, which reveals how tightly investment is concentrated in Bitcoin, rose from 42.62% to 53.27% in just one month, showing that investors either fled altcoins at higher.

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Cryptocurrency News: Vitalik Buterin Doesn’t Care About Bitcoin ETFs


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