Tagged: bitcoin

December 18, 2017 @ 11:01 am By JD Alois  |  

As previously announced, the CME – the worlds largest derivatives marketplace, launched Bitcoin futures contracts yesterday, Sunday, December 17th. CME’s Bitcoin futures will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of the U.S. dollar price of… Read More

December 17, 2017 @ 4:14 pm By JD Alois  |  

The Bloomberg Terminal is the mainstay of any serious financial service firm. Populated on trading desks around the world, “the Bloomberg”, launched in 1981 long before computers were commonplace. The Terminal is now on over 325,000 work stations globally. And it is not just about… Read More

December 16, 2017 @ 10:01 am By JD Alois  |  

How times are changing. Reported Bitcoin billionaire Niklas Nikolajsen has become the new sponsor of the Danish Hockey team Rungsted Seier Capital. The team has been playing at Saxo Bank Arena, sponsored by the more traditional Saxo Privatbank, but as of December 27, 2017, the rink… Read More

December 16, 2017 @ 9:37 am By JD Alois  |  

The central bank of Indonesia, Bank Negara Malaysia,  has published a consultation report on regulating Bitcoin and other cryptocurrencies. The action by the Bank comes at a time when popular interest in Bitcoin is increasing due to the dramatic rise in price and the addition… Read More

December 15, 2017 @ 2:51 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has created a “virtual currency resource page” addressing Bitcoin and other cryptocurrencies as part of a dedicated section of the CFTC web site. The CFTC stated that Bitcoin and other virtual currencies have been determined to be commodities under the… Read More

December 15, 2017 @ 12:01 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has announced a Proposed Interpretation regarding its authority over retail commodity transactions involving cryptocurrency, such as Bitcoin. The Proposed Interpretation sets out the CFTC’s view regarding the “actual delivery” exception that may apply to virtual currency transactions. The CFTC… Read More

December 15, 2017 @ 12:00 pm By Barry James  |  

Appearing on the BBC’s news flagship Newsnight the head of the UK’s regulator, the  FCA’s  Andrew Bailey, has drawn mainstream attention to Bitcoin and the world of cryptocurrencies while admitting that they have yet to understand what he called an ‘odd commodity’. While  the BBC’s… Read More

December 14, 2017 @ 10:56 am By Erin Hobey  |  

David Siemer, Co-Founder of Wavemaker Partners, a cross-border venture capital firm, dual headquartered in Los Angeles and Singapore, published his State of Crypto Global Overview. In recent months, Siemer deliberated the implications and impact of cyptocurrency on global industry and economic organization, as well as the… Read More

December 12, 2017 @ 6:20 pm By JD Alois  |  

Shmuel Hauser, the Chairman of the Israel Securities Authority, published a statement today addressing Fintech, Bitcoin and Initial Coin Offerings, in an extended comment on regulations and the changing financial landscape. Hauser stated; “From a regulator perspective, we want make sure that Fintech will not… Read More

December 11, 2017 @ 8:58 am By JD Alois  |  

Today is the first full day of trading for Bitcoin futures on the CBOE.  Trading under the symbol XBT, contracts actually began last night (Sunday, December 10th) and represents a milestone event in the legitimization of the worlds most popular cryptocurrency. Bitcoin futures allow market participants… Read More

December 10, 2017 @ 11:23 am By JD Alois  |  

This past week saw a bit of reversal in South Korea’s stance on Initial Coin Offerings (ICO). In September, it was reported that Korea had decided to totally ban ICOs following a similar approach by China. But during a presentation at the National Assembly by… Read More

December 10, 2017 @ 10:06 am By JD Alois  |  

Coinbase had probably its biggest week ever as the price of Bitcoin shot through the roof last week. While the price of Bitcoin has settled down a bit at around $16,000 (for now), the the rapid rise of BTC was joined by extreme volatility as… Read More

December 8, 2017 @ 3:43 pm By JD Alois  |  

Coinbase has become a huge beneficiary from the euphoria surrounding the rapid rise in the price of Bitcoin. Although there are plenty of wallets and exchanges out there, the San Francisco based operation is one of the biggest and certainly best known way to invest… Read More

December 8, 2017 @ 9:27 am By Samantha Hurst  |  

Prasos, a Bitcoin broker seeking to make Bitcoin investing mainstream, has successfully secured more than €1 million through its latest equity crowdfunding campaign on Invesdor. The company is now offering 5% to 14.91% in equity at a pre-money valuation of €14.26 million. As previously reported, Prasos is described as… Read More

December 7, 2017 @ 4:32 pm By JD Alois  |  

The rapid rise in the price of Bitcoin has caused an increase in interest in Coinbase – one of the largest cryptocurrency exchanges and wallets in the world. Having exchanged over $50 billion in crypto – you would think the tech stack could keep up…. Read More

December 7, 2017 @ 9:58 am By JD Alois  |  

Another day, another record for the worlds most popular cryptocurrency. Bitcoin has been hurdling along toppling records in thousand dollar leaps. We last reported, two days ago, that Bitcoin had topped $12,000. In hindsight, that report (and amount) seems premature as Bitcoin seems rather determined… Read More

December 6, 2017 @ 2:39 pm By Samantha Hurst  |  

Blockchain payments technology platform BitPay announced on Wednesday it has secured $30 million during its Series B funding round, which was led by Aquiline Technology Growth, a fund managed by Aquiline Capital Partners that invests in early- and growth-stage financial technology companies. BitPay stated its platform gives businesses and individuals… Read More

December 6, 2017 @ 11:51 am By JD Alois  |  

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

December 6, 2017 @ 11:16 am By JD Alois  |  

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

December 5, 2017 @ 9:47 pm By JD Alois  |  

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