This week Tim Hockey the chief executive officer of the large brokerage firm, TD Ameritrade, revealed that his company is seeing a “huge uptick” in investments from millennials tied to cryptocurrencies and cannabis. Also read: The Marketing Ploys of Clones: Another Project Aims to Create a ‘Perfect Bitcoin’ Millennials Are Investing a...
HYCM, of the Henyep Capital Markets Group, has announced its launch of a contract-for-difference (CFD) for Bitcoin Cash paired against the US dollar. The introduction of BCH/USD trading brings the total number of cryptocurrency pairings offered by the Hong Kong-based broker to five, with HYCM simultaneously introducing a pairing...
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...
South Korean card companies are reportedly working on blocking payments to overseas cryptocurrency exchanges. Currently, 20 major crypto exchanges are blocked but that number is expected to increase, according to the Korean Credit Finance Association. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Blocking Payments Overseas South Korean...
As cryptocurrencies have grown popular over the past year, researchers have noticed an inverse relationship between gold and bitcoin markets. Over the past two weeks, as cryptocurrency markets have slumped, financial analysts are reporting even more data about the correlation between both assets. Also Read: Markets Update: Cryptocurrencies Try to Regain Strength...
This week the sponsor of the Bitcoin Investment Trust, Grayscale Investments has announced the launch of a 91-for-1 stock split of the Trust’s issued and outstanding shares. According to Grayscale, the division will take place on January 26 and shareholders will receive 90 shares for each their original shares...
Additional Wall Street money might start making its way into cryptocurrency investments soon. An American rating agency is set to issue grades for bitcoin and a host of altcoins this week, possibly opening the door for more fund managers to enter the field. Also Read: Bitcoin Hardware Wallet Maker Ledger Raises...
Are you an environmentally conscience stock investor looking to add some bitcoin exposure to your portfolio without fearing you might be melting the polar ice caps? A new “green” energy cryptocurrency mining venture may soon be available for you to invest in. Also Read: Businessman Outright Buys Two Electric Power...
South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial Supervisory Service, banks made 36 times more in commission income from crypto exchanges last year than the previous year. Also read: South Korean Officials Caught Trading...
Following the issuance of its bitcoin bond, Japanese investment research group Fisco Corporation is now launching a cryptocurrency fund. The company is also planning to offer derivative products as well as several other crypto-related services. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Fisco...