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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351 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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314 Hits

What is Bitcoin?

  To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of ba...
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243 Hits

Coinbase Custody is Officially Open For Business

  Last week, Coinbase Custody accepted its first deposit. Today, we're proud to announce that we're officially open for business. Over the coming weeks, we'll continue on-boarding a set of world-class clients that includes leading crypto hedge funds, exchanges and ICO teams. Coinbase Custody's mission is to make digital currency investment acc...
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291 Hits

BitMEX CEO Arthur Hayes Stands by $50,000 Bitcoin Price Prediction

  BitMEX CEO Arthur Hayes recently stated that he still thinks Bitcoin ( BTC ) will reach $50,000 by the end of this year. The Wharton School graduate sated on CNBC that he thinks "something that goes up to $20,000 in one year can have a correction down to around $6,000." He added that bitcoin might be "one positive regulatory decision away" f...
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LIGHTNING NETWORK CROSSES 100 NODES, SEGWIT NEARS 20% DOMINANCE

The Lightning Network (LN) mainnet has almost doubled its node count and capacity in days as Bitcoin users rapidly switch on to its benefits. LIGHTNING: CORE ENTHUSIASM YET TO BECOME UBIQUITOUS Data from monitoring site #recksplorer shows 107 active nodes, 237 channels and a total Bitcoin load worth just over $19,000 – marking considerable growth s...
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318 Hits

What World Leaders Think About Crypto, and How They Want Decentralization to Bolster Centralised Power

  Given the apparent sensitivity of cryptocurrency markets to regulatory and political developments, it stands to reason that the world's leaders — and what they think about crypto — will be vitally important in determining the direction the cryptocurrency market will travel in the future. Many leaders have been willing to sit back over the pa...
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Is A Bitcoin ETF Finally Getting Closer To Approval?

  ETF providers hope to have cracked regulators' code for creating the first exchange traded product backed by Bitcoin — but it's going to cost you. Van Eck Associates and SolidX Partners on June 6 filed a request to list a Bitcoin-linked ETP to the U.S. Securities and Exchange Commission. The fund will be physically backed, which means it wil...
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398 Hits

Russian Hotels to Surprise World Cup Fans with Bitcoin Payments

  Football Fans will be able to pay with bitcoin for their accommodation when they visit Russia for this year's World Cup. Hotels in Kaliningrad, expecting guests from eight countries, are partnering with a local payment provider to offer the service. Booking a room for the day when England plays Belgium will cost approx. $300 in fiat. Also re...
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392 Hits

Six German Banks Have Been Trading Bitcoin for Some Time

An interesting connection between traditional finance and cryptocurrency has become apparent over the past few months. In Germany, various financial institutions are trading Bitcoin despite the lack of regulation. That is a surprising development, and an interesting one to keep an eye on. German Banks Embrace Bitcoin It has become rather apparent t...
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Bitcoin’s $30 billion sell-off: insights from crypto money supply analysis

Key findings As reported by the Financial Times , we apply concepts of money supply to bitcoin to better understand the crypto-economy. This enables us to classify bitcoin users into speculators, services, investors and lost bitcoin. We find that: Long term investors sold $30 billion of bitcoin to new speculators between December 2017 and April 201...
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Governor of Connecticut Signs Blockchain Working Group Bill Into Law

  Connecticut governor Dannel Malloy signed SB 443 into law, which establishes a blockchain working group to study the technology, according to public documents June 6. The working group is also tasked with shaping a plan to "[foster] the expansion of the blockchain industry in the state." The bill accordingly passed both legislative houses la...
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541 Hits

‘WE THINK IT IS GOING TO EXIST FOREVER’: SUSQUEHANNA OPENS BITCOIN TRADING DESK

  US financial company Susquehanna International Group announced it will offer Bitcoin trading to 500 clients following two years of offering the cryptocurrency in "private deals," the New York Times reports. CRYPTO ASSETS WILL 'CHANGE FINANCIAL SERVICES' Susquehanna International Group , an international trader which has headquarters in Penns...
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498 Hits

What is Bitcoin?

  To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of ba...
Continue reading
  360 Hits
360 Hits