Tagged: bitcoin

Everybody is Doing It: Square is Adding Bitcoin to its Cash App

Jack Dorsey, founder of Square and Twitter, revealed in a tweet that Square’s Cash App is rolling out Bitcoin for its users;   Turning on Bitcoin for a lot more cash app folks right now https://t.co/LrozU7fXps — jack (@jack) December 6, 2017 Blockchaiiiiinnnnn. We’re rolling… Read More

The Bitcoin Foundation Updates on Impending US Legislation that May Cripple All Cryptocurrencies

The Bitcoin Foundation has been working diligently to mitigate language of pending legislation, “The Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017″ (S.1241), in the US Senate that would define anyone issuing, redeeming or cashing Bitcoin as a financial institution. Think about what that… Read More

Supply vs. Demand: Bitcoin Tops $12,000

In a volatile world, volatility is king and Bitcoin has it. The worlds most popular cryptocurrency has pushed above $12,000 for the first time during a roller coaster ride over the past few weeks. At last glance, Bitcoin was trading at over $12,300. The  24… Read More

Bitcoin Ought to Be Outlawed: NOT! – An Open Letter to Joseph Stiglitz

It was recently reported that the former chief economist of the World Bank wants Bitcoin banned, saying “Bitcoin is successful only because of its potential for circumvention, lack of oversight” You missed something crucial. Because of the ‘McKinsey’ factor. The operative rules (laws of nature from… Read More

Big Deal for Bitcoin: CBOE to Launch BTC Futures on December 10th

CBOE Global Markets (NASDAQ:CBOE) will kick off Bitcoin futures at 5PM CT on Sunday, December 10th.  Monday morning on the 11th will commence the first full day of BTC futures trading thus representing a comping of age event for cryptocurrencies. The CBOE said that trading… Read More

The CFTC Publishes Statement on Self Certified Bitcoin Contracts for Futures & Options

The Chicago Mercantile Exchange (CME) and the CBOE Futures Exchange (CFE) self-certified new contracts for Bitcoin futures and the Cantor Exchange (Cantor) self-certified a new contract for Bitcoin binary options. CFTC Chairman J. Christopher Giancarlo said that Bitcoin is a commodity unlike anything the CFTC… Read More

The Price of Bitcoin Rockets Past $10,000 – Can the Price of Bitcoin Go Higher ?

The price of Bitcoin (BTC) has been on an absolute hyperbolic ascent this past year. Yesterday, Bitcoin topped $10,000 and currently stands over $11,0000. One year ago, Bitcoin was priced at around $730. Think about that for a moment. IF you had purchased Bitcoin last… Read More

Japanese Firm bitFlyer Launches Bitcoin Exchange in the U.S.

Tokyo-based bitFlyer announced on Tuesday the official launch of its bitcoin exchange in the U.S. The debut in the U.S., comes just after the company reported more than $100 billion in virtual currency has been traded year-to-date. While sharing more details about the U.S. expansion, bitFlyer… Read More

Digital Bank Revolut Prepares to Launch Cryptocurrency Features

Digital only challenger bank Revolut is preparing to enter the cryptocurrency world with new features on their bank app to allow users to exchange and use Bitcoin and other digital currencies. While some traditional banks look at crypto with disdain (heres looking at you, Jamie… Read More

Priming the ICO Pump: Don’t Get Sucked In

If you’ve been under a rock for the last year or so, you might not know that “initial coin offerings” or ICOs are the hottest thing in the financial market today. As if the fact that the overwhelming majority of ICOs aren’t regulated in any… Read More

Bitcoin Broker Prasos Seeks Up to €2.5 Million Crowdfunding on Invesdor

Prasos, a Bitcoin broker seeking to make Bitcoin investing mainstream, is looking to raise a minimum of €750,000 and a maximum €2.5 million on Invesdor. Praso is offering 5% to 14.91% in equity in the company at a pre-money valuation of €14.26 million. Praso expects top line revenue… Read More

Russian Minister Believes Bitcoin Will Never Be Legalized in the Country

Earlier this week, Russian Minister of Communications and Mass Media, Nikolai Nikiforov revealed that he believes Russia will never legalize bitcoin. According to TASS, the government-run media outlet, Nikiforov shared his thoughts about bitcoin by stating:: “Bitcoin is a foreign project for using blockchain technology, the… Read More

Jamie Dimon May Be Backtracking on His Bitcoin Bashing as JPM Chase Considers BTC Futures

Jamie Dimon, CEO of JPMorgan Chase, famously bashed Bitcoin back in September. The outspoken banking executive stated he would fire any JPM trader who was in the Bitcoin market as it is “against our rules and they are stupid.” Perhaps Dimon is reconsidering his shoot… Read More

Square Now Letting Some Users Buy & Sell Bitcoin Through Cash Mobile App

Financial service company Square is reportedly now testing out bitcoin on some of its Cash mobile app users. The new feature will allow users to buy and sell the cryptocurrency through the app.  The Square Cash App claims to be the simplest way to pay… Read More

Investoo Group Nabs Crypto Investor Resource Bitcoinmag.de

Investoo Group has acquired Bitcoinmag.de, expanding its reach into the DACH cryptocurrency market. The German language site Bitcoinmag.de is a resource for crypto investors, providing purchase and price information, and allowing visitors to compare exchanges and platforms. The site will sit alongside an existing portfolio of… Read More

CME Launches Bitcoin Futures, People Rush In

Alistair Milne, a crypto guru who runs the Altana Digital Currency Fund, put together a google doc that indicates robust interest in cryptocurrency following the announcement by the CME Group it would launch Bitcoin Futures in Q4 of 2017. The CME Group, the largest derivatives… Read More

Bitcoin & Digital Currency Conference CoinAgenda Global Announces Startup Competition Winners

Organizers of the bitcoin and digital currency investor conference, Coinagenda, announced on Wednesdays the winners of this year’s startup competition. The event included more than 40 contestants, many of which are currently preparing to launch ICOs.  Coinagenda is described as a new conference that combines the… Read More

CME Group Will Launch Bitcoin Futures in Q4

The CME Group has announced the launch of Bitcoin Futures, an event that should drive both liquidity and overall acceptance higher for the popular cryptocurrency. The launch is pending all regulatory requirements but expectations are this is a lock. This comes at a time when… Read More

Seasoned Investor Jeffrey Wernick Joins Qtum Advisory Board

Potential Unicorn Qtum, a blockchain application platform that combines the advantages of Bitcoin Core, an Account Abstraction Layer allowing for multiple virtual machines, and a proof-of-stake consensus protocol aimed at tackling industry use cases, has added veteran investor Jeffrey Wernick to its advisory board. Warwick’s… Read More

Ben Bernanke Thinks Bitcoin will Fail

Ben Bernanke, the former Chairman of the Federal Reserve who toughed it out during the Great Recession, doesn’t thing too much about Bitcoin and cryptocurrencies in general. Speaking to a standing room only audience at the Ripple Swell conference in Toronto this week, Bernanke was… Read More

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