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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230 Hits

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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236 Hits

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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241 Hits

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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239 Hits

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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256 Hits

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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222 Hits

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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375 Hits

Bitcoin ETF Comments Submitted to SEC Overwhelmingly Positive

  On June 26th, 2018, the Cboe submitted a Bitcoin ETF proposal to the U.S. Securities and Exchange Commission. In order to better understand the public sentiment, the SEC publically shared the submitted document with an invitation to comment. The SEC's request for comments was met with much interest; as 210 displayed comments on the SEC websi...
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366 Hits

Samsung Baltic Stores Now Accept Crypto via Blockchain Payments Platform CopPay

South Korean electronics titan Samsung has announced that its Baltic stores now accept multiple cryptocurrencies as a means of payment via the blockchain -based CopPay platform, according to a July 20 Medium post . The platform allows merchants to receive cryptocurrency and either keep the payments in a cold wallet or immediately convert it to fiat...
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Goldman Sachs' New CEO David Solomon Is Keen On Bitcoin And Crypto

  It's official — the new chief executive of Goldman Sachs will be the firm's current chief operating officer David Solomon, who last month said the New York investment bank is looking in to adding further bitcoin and cryptocurrency services to its portfolio. According to Solomon, Goldman Sachs is already offering clients publicly-traded deriv...
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184 Hits

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

The world's largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin (BTC), Financial News (FN) reports today, July 16. The move furthers a U-turn on BlackRock's previously critical stance towards cryptocurrency. Following in the footsteps of fellow giant Goldman Sac...
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254 Hits

Top Swiss Stock Exchange Says It Is ‘Open’ to Offering Crypto Trading on Its Platform

  SIX Group, the parent company of Switzerland's principal stock exchange, has revealed that it is "open" to the possibility of offering cryptocurrency trading services on its digital trading platform. The platform, still in development, is set to launch by mid-2019, SIX Group's spokesman told the Swissinfo news outlet in an interview July 15....
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The Question of Bitcoin’s Future

  There is a lot of uncertainty revolving around Bitcoin these days, having entered the second hundred days of the bear market. People are now beginning to question whether the technology is worth their continued investment. Bitcoin, despite the last few months, is valued higher than it was at the same time last year. Most people now in Bitcoi...
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Bear Market’s Little Helpers? A Guide to Crypto Futures

  This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Since their triumphant advent in the wake of the December 2017 bull run, Bitcoin futures seem to have occupied an oddly fixed position in the minds of many cryptocur...
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224 Hits

CBOE Global Markets Files New Bitcoin ETF License Application With SEC

  The United States has received another application from CBOE Global Markets . Other applications have unfortunately not been approved, but a Bitcoin ETF appears to have a better change of success. Many of these rejections have occurred as a result of an unregulated market, but the SEC has recently made clarifications. These changes show that...
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263 Hits

Recent Insights Reveal Nearly 6 Million Bitcoin (BTC) Are Lost or Stolen

Jameson Loop, a former lead engineer at BitGo and CasaHODL, has recently made an interesting claim on the Building on Bitcoin conference which has happened this week. According to him, 4 million BTC is lost forever and 2 million BTC is stolen. This means that 6 million BTC of the total supply will be permanently lost forever. In case you do not kno...
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