Bakkt: First capital raise complete

Bakkt looks forward after a bellwether year  I  am pleased to confirm that we have completed our first round of funding of $182.5 million from 12 partners and investors who, like us, believe in the future of digital assets. The partners and investors in the first round include Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digi...
Continue reading
  148 Hits
148 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...
Continue reading
  170 Hits
170 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 ...
Continue reading
  208 Hits
208 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...
Continue reading
  226 Hits
226 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...
Continue reading
  239 Hits
239 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...
Continue reading
  219 Hits
219 Hits

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...
Continue reading
  224 Hits
224 Hits

Cardano Co-Founder: Wall Street Will Bring ‘Tens of Trillions of Dollars’ to Crypto

  Charles Hoskinson, co-founder of altcoin Cardano (ADA), tweeted June 20 that the entry of Wall Street into the crypto sector will bring in "tens of trillions of dollars:" Cardano, which is currently ranked 8th on Coinmarketcap , has a market cap of around $3.5 billion. Charles Hoskinson was also one of the founding members of Ethereum (ETH),...
Continue reading
  208 Hits
208 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...
Continue reading
  356 Hits
356 Hits