Money management group VanEck and crypto startup SolidX, who plan to launch a new financial instrument, believe they are close as never to get a green light from SEC. … [Read more...] about Gabor Gurbacs of VanEck believes in quick bitcoin ETF approval by SEC
Bitcoin futures trading volume rises sharply
CME Group reported that bitcoin futures average daily volume rose 41% in the third quarter while open interest was up 19% compared to the second quarter. … [Read more...] about Bitcoin futures trading volume rises sharply
Crypto titan Mike Novogratz believes in soon-to-come Bitcoin rally
As institutional investors start penetrating the crypto market, more users will trade in digital currency, says Novogratz, the founder of Galaxy Digital Capital Management … [Read more...] about Crypto titan Mike Novogratz believes in soon-to-come Bitcoin rally
SEC rejects Winklevoss bitcoin ETF proposal
The U.S. Securities and Exchange Commission (SEC) has rejected the second attempt by Cameron and Tyler Winklevoss to list the first-ever bitcoin exchange-traded fund (ETF) on a regulated exchange. The ETF’s value would have been tied to bitcoin price on the Winklevoss twins’ Gemini Exchange. … [Read more...] about SEC rejects Winklevoss bitcoin ETF proposal
Warren Buffett says buying bitcoin is ’not investing’
The entrepreneur, whose net worth is estimated at $100 billion, says people buying bitcoin hope ‘the next guy will pay more’. … [Read more...] about Warren Buffett says buying bitcoin is ’not investing’
Crypto news in brief (April 27, 2018): Bitcoin, Philippines, BBVA, Binance, IBM
- 17 million bitcoins have now been mined - The Philippine authorities will allow 10 companies to mine bitcoin, conduct ICOs and operate exchanges in a special economic zone - BBVA becomes the first global financial institution to issue loans using blockchain - Binance adds a new feature of converting 'crypto dust' into BNB - IBM introduces TrustChain, a blockchain … [Read more...] about Crypto news in brief (April 27, 2018): Bitcoin, Philippines, BBVA, Binance, IBM
Tom Lee of Fundstrat would choose Bitcoin over Bitcoin Cash
Cryptocurrency investor and Fundstrat Global Advisors co-founder Tom Lee shared his opinion on what cryptocurrency he would put his money in. … [Read more...] about Tom Lee of Fundstrat would choose Bitcoin over Bitcoin Cash
Mining becomes almost unprofitable due to erratic BTC price
Fundstrat Global Advisors, a research company, in its report estimates that profits from mining are now mere 6%. … [Read more...] about Mining becomes almost unprofitable due to erratic BTC price