Bitcoin not a Replacement for Gold (Yet)

Bitcoin not a Replacement for Gold (Yet)

News
0
1.1 k
For all the talk that bitcoin is “digital gold” it seems that there is little evidence that it is taking over from the precious metal. Gold prices may have been falling recently, hitting a six month low in the last few days, but according to the global head of commodities research for Go ...
Litecoin Booming, Up 4,000% in 2017

Litecoin Booming, Up 4,000% in 2017

News
0
1.4 k
Bitcoin may be grabbing most of the headlines but litecoin has outperformed it in 2017. Billed as a “silver to bitcoin’s gold” litecoin is cheaper and, thanks to lower fees, easier to use for transactions. A year ago it could be bought at $3.83; at time of writing it was trading on the c ...
United States SEC Approves Bitcoin ETF Filings Amidst Futures Listings

United States SEC Approves Bitcoin ETF Filings Amidst Futures Listings

News
0
1.3 k
In the past week, the United States Securities and Exchange Commission has received two applications for bitcoin-related exchange-traded funds. According to EDGAR, the SEC’s public filing system, the two ETF applications were filed on December 8th and December 11th.  The first applicati ...
Financial Institutions Embracing Blockchain for Reconciliation

Financial Institutions Embracing Blockchain for Reconciliation

News
0
1.3 k
Some of the world’s biggest financial institutions are embracing the ethereum blockchain to collaborate on improving their compliance procedures. UBS, Barclays and Credit Suisse, among others, are working on the Massive Autonomous Distributed Reconciliation platform, known internally as ...
Bitcoin Futures Are Here, and They’re Already Making Waves.

Bitcoin Futures Are Here, and They’re Already Making Waves.

News
0
1.3 k
Bitcoin made its long-awaited debut last night on futures exchange Cboe, and, as so often with this currency, things were dramatic. The January contract climbed $3000, twice triggering the exchange’s “circuit breakers”, mandatory trading breaks to let everyone take a breath when prices a ...
Bitcoin Mining Set To Burden The Environment; Fact Or Fiction?

Bitcoin Mining Set To Burden The Environment; Fact Or Fiction?

News
0
1.1 k
As the concept of bitcoin has become more familiar within the public domain over recent times, unique insights have ensued, some of which have sparked conversations about the extensive amount of electricity that is demanded by cryptocurrencies. More specifically, this issue relates to ...
South Korean Cryptocurrency Investment Refuses To Wane Despite Government Concerns

South Korean Cryptocurrency Investment Refuses To Wane Despite Government Concerns

News
0
1.3 k
Despite accounting for only 1.8 percent of global gross domestic product (GDP), as well as representing just 0.7 percent of the world’s population - less than the likes of Myanmar or Sudan - South Korea’s involvement in the cryptocurrency market is far from insignificant. The tech-savv ...
Goldman Sachs Plans to Support Bitcoin Futures

Goldman Sachs Plans to Support Bitcoin Futures

News
0
1 k
Goldman Sachs, one of the world’s most prominent investment institutions, has announced plans to clear bitcoin futures for some of its high net worth clients, according to information from Bloomberg. This announcement is seen as an important step towards bringing cryptocurrency-based fin ...
CFTC Regulator Wants to “make sure bitcoin is not manipulated” With Futures

CFTC Regulator Wants to “make sure bitcoin is not manipulated” With Futures

News
0
973
In a CNBC interview, Andrew Busch, the Chief Marketing Intelligence Officer for the United States’ Commodities Future Trading Commission, said that integrating bitcoin into traditional exchanges will come with its own unique challenges.  One of these challenges will be keeping potential ...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close