Bancor, a Zug, Switzerland-based company focused on creating a protocol for converting and exchanging smart tokens, raised $153 million through an initial coin offering (ICO) in June 2017. The platform has also attracted a relatively large number of users to its decentralized token network in the past few years. However,...
ECB’s Policies Are Rocket Fuel for Bitcoin For the umpteenth time in a few years, central banks are cutting rates. And that’s good for Bitcoin. Citing a recent article outlining the European Central Bank’s (ECB), Anthony Pompliano, best known as Pomp in the crypto community, noted that the expected policies...
Another Bitcoin Futures Exchange Joins The Fray At long last, Bakkt has begun testing its Bitcoin (BTC) futures contract. While this has been marketed as a seemingly mundane “user acceptance testing” phase, this launch has been met with much hurrah from every corner of the cryptocurrency community. It is unclear how exactly...
Many cryptocurrency firms have shifted their operations from the U.S. and China to smaller jurisdictions that have a more lenient approach toward regulating digital assets. Last week, Circle Internet Financial, a leading blockchain and crypto firm, announced it would be moving most of its exchange operations to locations outside the...
According to a statement obtained by CoinDesk, the CFTC has, in fact, not approved LedgerX to launch Bitcoin (BTC) futures just yet. The outlet wrote in a recent update to yesterday’s article about the exchange’s launch of physically-deliverable BTC futures: The U.S. Commodities Futures Trading Commission (CFTC) says LedgerX has...
The developers of SpankChain, a blockchain-based adult entertainment ecosystem, have introduced a new cryptocurrency payments solution. It can be challenging for adult content providers to establish long-term business relationships with reliable payment processing companies. Recognizing the need to have dependable payment options, the creators of SpankChain have launched the Ethereum-based...
Bitcoin, An Amazing Bet According to Raoul Pal, a former hedge fund-centric executives at massive investment bank Goldman Sachs, recently lauded Bitcoin. Speaking on Stephen Livera’s podcast, the current chief executive of Real Vision — a financial media source looking to democratize access to market insights — claimed that he...
Although a decentralized cryptocurrency like Bitcoin and a plant-based meat company like Beyond Meat may not have anything in common upon first glance, their price action may actually be more similar than one would expect, mainly due to the psychology of those who trade them. Billionaire investor Mike Novogratz spoke...
Mainstream media outlets have been incessantly covering the crypto space over the recent weeks. Most notably, CNBC has hosted countless executives, investors, and commentators in the industry to talk about Bitcoin, Libra, and other facets of this budding ecosystem. After hosting prominent names like Meltem Demirors, Anthony Pompliano, Kevin O’Leary,...
Beyond Meat, Bitcoin; Potato, Potato Both Beyond Meat (BYND) and Bitcoin (BTC) have had quite the 2019 so far. The two assets, which are essentially nothing alike, both have seen stellar performances so far. What’s crazy is that the plant-based meats manufacturer only became a public company this year, and...
On July 2nd, 2019, Goldman Sachs published the customer agreement for its upcoming credit card partnership with Apple. American technology corporation Apple is releasing the Apple Card in partnership with investment banking company Goldman Sachs as part of a larger business plan to increase revenue through services, rather than one-time...
The Federal Reserve of the United States has announced plans to develop a public payment system for banks to exchange money, providing an alternative to private payment systems currently being built and maintained by big banks. In a press release on August 5th, The Federal Reserve stated their intention to...
