‘Soft’ Crypto ETF Alternative Now Geared Towards U.S. Investors, Says Bloomberg

  A Bitcoin (BTC)-based exchange traded note (ETN) listed on the Nasdaq Stockholm exchange is now being targeted towards U.S. investors, Bloomberg reports Wednesday, August 15. As many in the U.S. clamor to see a Bitcoin exchange-traded fund (ETF) approved by regulators, this so-called "soft" alternative has been trading on the Swedish exchang...
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Will the next crypto bull come from Wall Street?

  The BitCoin price has been dancing around the seven thousand mark after it lost momentum from a short boost. And as it went down again, the whole market followed suit, as usual. We all know about it. A bullish run is about to hit the cryptocurrency market, it's unavoidable, and it will all start when BitCoin's price picks up spectacularly. I...
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Coinbase Seeks Online Merchant Crypto Adoption by the Millions

  Adoption news keeps flowing this week, from Wall Street to Australia, and now San Francisco. The United States largest cryptocurrency bank, Coinbase, announced it is expanding its commerce section to include Woo Commerce via a plugin downloadable from Github. It could be just what more online merchants need to get comfortable with cryptocurr...
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‘RICH DAD, POOR DAD’ AUTHOR SAYS BITCOIN WILL REPLACE ‘FAKE MONEY’

  The author of the best-selling finance book "Rich Dad, Poor Dad", Robert Kiyosaki, expressed his concerns about the US dollar and the fact that there's nothing to back it up. He also holds that cryptocurrencies will eventually replace it. 'FAKE MONEY' The finance book "Rich Dad, Poor Dad" went on to sell upwards of 32 million copies, turning...
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GOLDMAN SACHS WILL MANAGE BITCOIN FOR ITS CLIENTS, INSIDERS REVEAL

  Goldman Sachs has reiterated it plans to roll out "crypto asset offerings" to clients in future in what Bloomberg describes would be a "boost for the burgeoning universe of funds betting on cryptocurrencies." 'IN RESPONSE TO CLIENT INTEREST' In comments to the publication August 6, a spokesman for the financial giant built on previous announ...
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NYSE Owner: Bitcoin Should Be in Retirement Funds, Credit Cards, Retail Stores

  Intercontinental Exchange (ICE), owner of arguably the most important stock exchange in the world, the New York Stock Exchange (NYSE), is introducing a new company, Bakkt. The idea is to weave bitcoin core (BTC) into 401(k)s, credit cards, and retail. The project is getting a lot of hype due in large measure to two very powerful backers: Mic...
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Owner of New York Stock Exchange (NYSE) Is Launching a Cryptocurrency Exchange

  Intercontinental Exchange Inc. (ICE), the parent company of the New York Stock Exchange (NYSE), is partnering up with Microsoft, Starbucks, and others to launch Bakkt, a solution for buying, selling, storing, and spending digital assets . Introducing Bakkt ICE announced August 3rd that it plans to form a brand new company dubbed Bakkt. The d...
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Bitcoin [BTC], Litecoin [LTC], Ethereum [ETH], Dash [DASH] to be accepted by Queensland government

On 4th August, the official Twitter handle of Dash posted that the government of Queensland, Australia is allegedly shaping a scheme to fit Bitcoin and other cryptocurrency payments into the system. This program could help cryptocurrencies see a wider adoption in Queensland. The coins expected to be accepted are BTC, LTC, ETH, DASH and NEM [XEM]. C...
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Coinbase Custody is Eyeing Some Extremely Odd Altcoins

As is now customary for the company, Coinbase has released a list of the latest assets it's considering. The latest batch are being mooted for its institutional platform, Coinbase Custody, and thus are for storage only at this time, though future trading cannot be discounted. The list of altcoins it's considering is as eclectic as it is incongruous...
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Square achieves over $70 million Bitcoin [BTC] revenue in first half of 2018

  Square has successfully generated nearly $34 million and $37 million revenue in Bitcoin [BTC] in Q1 and Q2 of 2018. Square is the payment services company by Jack Dorsey, the CEO of the popular social media site, Twitter. The statistics of the revenue collected in the first half, in Bitcoin[BTC] is reported on 1 st August, 2018 to the U.S. S...
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Bitcoin to replace USD? Not before it hits $213k according to UBS

  Bitcoin, a digital currency which was created as an alternative to the traditional financial system when the major economies sank into financial crisis in 2008, has had a long journey. The cryptocurrency particularly came into the center spot when its price hit nearly $20,000 in December 2017 and, since then, it has attracted a lot of intere...
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NYSE Operator Announces New Global Digital Assets Platform, Plans Bitcoin Futures Launch

Intercontinental Exchange (ICE), the operator of 23 leading global exchanges including the New York Stock Exchange (NYSE), has announced plans to create a Microsoft cloud-powered "open and regulated, global ecosystem for digital assets," according to a press release published August 3. The operator of NYSE is forming a new company, dubbed "Bakkt," ...
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Australian State Government Invests in Crypto Startup to Promote Regional Tourism

  The state government of the Australian province of Queensland will issue a grant to a crypto startup as part of over $8.3 million of innovation funding, according to an official announcement published August 1. According to the government statement, the TravelbyBit digital currency payments platform for the travel and tourism industry is one...
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Fatfish Internet CEO: The Second Wave Rally Is Very Strong, ETF Soon

  The sentiment surrounding this industry is beginning to shift, with many industry leaders and market experts/analysts indicating that they are ready to see another influx of involvement and interest, potentially through an ETF. As reported by Ethereum World News, experts like Tom Lee and Spencer Bogart have stated that the industry's fundame...
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Bitcoin [BTC] can be a ‘potential asset’ for central banks, says Wall Street billionaire Bill Miller

Bill Miller, a billionaire investor, stated that Bitcoin [BTC] is the cryptocurrency which has the most probability of being successful. He also spoke about the strategies for evaluating the value of the cryptocurrency. Miller, who is described as being a "Bitcoin observer", spoke to Bloomberg in an interview earlier this week. He elaborated upon h...
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UK Remittance Service TransferGo Adds Crypto Trading

  UK-based service TransferGo has reportedly become the world's first remittance operator to offer crypto trading, Bloomberg reported July 27. TransferGo now lets customers buy and sell five major cryptocurrencies –– Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). According to TransferGo CEO and founder Dau...
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BITCOIN Winklevoss twins’ Bitcoin ETF disapproval doesn’t mean Bitcoin has no value, says SEC

  On 26th July, the U.S Securities and Exchange Commission disapproved a rule change proposed by the Bats BZX Exchange to trade the Winklevoss twins Bitcoin ETF for the second time. On 30th June 2016, the exchange company had filed for a proposed rule change with the States and Exchanges Commission. The proposal for the rule change was rejecte...
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Bitwise Files a Different Breed of Cryptocurrency ETF Proposal

  The SEC is currently looking at multiple Bitcoin ETF propositions. The latest submission is filed by Bitwise, as they seek to introduce an exchange-traded fund for cryptocurrency. Known as the HOLD 10 Cryptocurrency Index Fund, it will focus on a market-cap-weighted index of the top 10 currencies, rather than just Bitcoin. Bitwise Tries a Di...
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First EFP Trade Involving Bitcoin Futures Completed in Wall Street

  Bitcoin took a significant step toward becoming a mainstream financial instrument this week, as two institutional investors completed the first-ever exchange for physical (EFP) transaction involving bitcoin futures. As reported by CCN, the CME EFP Bitcoin transaction, facilitated by E D & F Man Capital Markets, a registered futures commi...
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Are we about to witness the biggest bitcoin bull run in history?

Bitcoin is rising, and bullish signals are everywhere. The #1 is breaking above resistance levels and $8k looks very much within reach. the anticipation of such is contagious and with this anticipation comes some bullish predictions… One such prediction comes from Mati Greenspan a senior market analyst at eToro, who, this morning, tweeted this: Mat...
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