CHINESE GOVERNMENT MAY WIELD POWER TO DESTROY BITCOIN

  China has played a critical role in the crypto markets for several years now. A new paper written by academics from Princeton University and Florida International University suggests that China's growing influence over Bitcoin's key infrastructure has given the Chinese government the ability to heavily shape, or even destroy, Bitcoin. Bitcoi...
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198 Hits

Renown Wall Street Financial Advisor Ric Edelman Joins Bitwise Asset Management

  Popular Wall Street Financial Advisor Ric Edelman Joins Bitwise Legendary wall street advisor Ric Edelman recently revealed that he has invested in Bitwise Asset Management . Edelman is the founder of Edelman Financial Services, lately named the No. 1 Registered Investment Advisor (RIA) firm in the country for 2018 by Barron's, with $22 bill...
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172 Hits

What Does The Bakkt Physical Futures Announcement Mean For Investors?

In early August, the Intercontinental Exchange (ICE), an American company that operates 23 regulated exchanges and marketplaces across the world, announced that it would launch a cryptocurrency startup called Bakkt . The New York Stock Exchange-owning entity, backed by Microsoft and Starbucks, wanted to create a safe global environment for trading ...
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203 Hits

Google And Goldman Invest in Bitcoin Based Payments Start-up

  Google and Goldman Sachs are among the firms that have invested in the enterprise-payments start-up Veem in its latest fund-raising round. Veem is leveraging Bitcoin to connect its clients' bank accounts with the suppliers. Banking giant Goldman Sachs along with technology giant Google has invested in Veem, a global payments solution provide...
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211 Hits

BTC Profit System | Why Experts Recommend Investing In Bitcoin

  Over the past few years, more and more consumers have opted to invest in Bitcoin and other digital currencies. Some analysts believe that Bitcoin is nothing more than a sham. They suggest that it should be avoided by serious investors. Others believe that Bitcoin could pave the way for a valuable and profitable future. The truth of the matte...
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232 Hits

Y Combinator Reveals Ex-Baidu Blockchain Bull Qi Lu as CEO of New China Division

  The Ex-COO of 'Chinese Google' Baidu and blockchain bull Qi Lu has joined Y Combinator (YC) to run the company's new China-based division, according to a blog post August 14. Y Combinator –– the major Silicon Valley-based entrepreneurial accelerator that funded such startups as Dropbox, Airbnb, Coinbase, Reddit, among others –– announced tha...
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227 Hits

ProShares Bitcoin ETFs: Final SEC Deadline Is 23 August 2018; Any Chance of Approval?

  The U.S. SEC's final deadline to approve or deny the two ProShares Bitcoin ETFs (proposal filed in December 2017) is on 23 August 2018. In view of the SEC's second rejection of the Winklevoss Bitcoin ETF, do these two ProShares ETFs have any chance of getting approved? ProShares (a division of ProFunds Group) is one of the largest provider o...
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281 Hits

FIVE IMPORTANT POINTS HIGHLIGHTS ON BITCOIN AND BLOCKCHAIN TECHNOLOGY

  Bitcoin and cryptocurrencies in general have been expanding all over the world in the last years. And there are some individuals that were able to build important enterprises after adopting the famous cryptocurrency in the early years of its history. In a conversation with Forbes, the Bitcoin investor Marco Streng has given us some few point...
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204 Hits

Coinbase Lands Patent for Secure Bitcoin Payment System

  San Francisco-based Coinbase has won a patent for a secure bitcoin payment system that would better facilitate the transfer of funds directly from customer wallets to merchants during purchases. According to the patent , the new technology is designed to improve upon existing systems, which currently do not provide solutions for maintaining ...
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213 Hits

NO MORE COINBASE AND BITPAY: PROCESS YOUR OWN BITCOIN PAYMENTS FOR $6 A MONTH

  Merchants can now use a Bitcoin full node to process their own payments via the BTCPay server for under $6 a month — with or without Lightning Network functionality. REMOVING MICROSOFT AZURE RELIANCE A guide to the solution from creator and Bitcoin developer Nicolas Dorier published August 18 explains how merchants who want to accept payment...
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226 Hits

Forget ETFs, a Bitcoin ETN Is Now Available to U.S. Investors

While investors urgently await the September 30 decision by the U.S. Securities and Exchange Commission (SEC) to approve or deny the VanEck/SolidX ETF backed by Bitcoin ( BTC ), a different kind of exchange-traded Bitcoin product has become available. Bitcoin Tracker One, an exchange-traded note (ETN) managed out of Sweden, may now be purchased as ...
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211 Hits

‘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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230 Hits

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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260 Hits

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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214 Hits

‘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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255 Hits

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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182 Hits

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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183 Hits

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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195 Hits

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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217 Hits

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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187 Hits