Thursday, September 19, 2019
Two companies have filed to launch blockchain tracking exchange-traded funds (ETFs) late last week, sparking a new derivative market pertaining to distributed ledger technology. On Thursday, Amplify Investments LLC filed for the Amplify Blockchain Leaders ETF, and Reality Shares filed for the Nasdaq Blockchain Economy ETF. Also Read: Bank of America...
Looking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s...
Just recently news.Bitcoin.com reported on the Chicago Mercantile Exchange (CME Group) planning to launch its bitcoin-based derivatives products this quarter. Now according to CME’s bitcoin futures market specs, the firm plans to launch its derivatives products on December 10 pending regulatory approval. **On November 20, 2017, at 5:00 pm EDT,...
This Wednesday Grayscale Investments, the sponsor of the Bitcoin Trust (OTCQX: GBTC) has announced a new cryptocurrency investment vehicle is coming. The company plans to launch the ‘Grayscale Digital Large Cap Fund’ (the “Fund”) that intends to hold the top digital assets within the cryptocurrency economy. Also Read: Phony PBOC Email...
The chief executive officer of Nasdaq, Adena Friedman, has discussed the company’s position with regards to the potential bitcoin futures contracts it has previously expressed interest in offering. Although Mrs. Friedman was unable to affirm that the company is definitely planning on launching bitcoin futures contracts, the CEO emphasized...
Last year on December 22 a firm purchased a $1 million dollar options trade on the Ledger X platform that wagered the BTC/USD market price will be $50,000 by the last month of 2018. This week Juthica Chou, the president of Ledger X chatted with Jared Blikre at the...
The Chicago Mercantile Exchange & Chicago Board of Trade otherwise known as CME Group announced its bitcoin futures specs this week. Alongside this, the Chairman Emeritus of CME Group, Leo Melamed, told press bitcoin is set to become a new asset class. Also Read: Bitspark Receives Investment From Fortune 500 Company CME...
With this year’s incredible rally in bitcoin’s valuation driving it into mainstream global financial conversation, many established economic figures were called on to share their thoughts on the cryptocurrency. While some admitted that they don’t understand it well enough to comment, others called it a scam, a bubble or...
European cryptocurrency card holders are awakening to discover that their plastic is now worthless. A Visa-led crackdown has seen several crypto card issuers forced to call an end to their services across Europe. Visa subsidiary Wavecrest is being blamed for the withdrawal of service, which affects scores of crypto...
The largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services. Also read: Japan Cracks Down on Foreign ICO Agency Operating...