Gary McFarlane, the cryptocurrency analyst at interactive investor, shares his thoughts – and those of other industry figures and experts – on Bakkt bitcoin futures. On 23 September Bakkt finally launches its physically settled bitcoin futures product – institutional customers can start depositing bitcoin from 6 September. But onboarding institutions into...
Alan Howard, a British billionaire investor and head of Brevan Howard hedge fund, is launching a cryptocurrency portfolio platform that will allow individuals to make stable investments – despite the volatility of digital assets. The new platform is being developed mainly for institutional investors and will make investments in various...
The Electric Coin Company (ECC), the for-profit firm behind the ongoing development of Zcash (ZEC), has published its Q3 transparency report. Despite recording significant financial losses, the privacy coin developer’s report revealed that it has not laid off any employees. ECC’s management operated on a monthly deficit of around 30%...
Michael J. Casey, co-founder and CEO at Streambed Media, a video content monetization platform, has argued that the traditional financial system is “broken.” Casey, a prominent author and speaker, wrote: “Helping to fix [the international monetary system] poses a huge opportunity for the cryptographers behind cryptocurrency and blockchain technology.” The...
Zhao Dong, shareholder in digital asset exchange Bitfinex, is claiming that Tether Ltd intends to launch a USDT stablecoin version that will be backed by a set of commodities like crude oil, rubber, and the gold bullion. In statements shared with Cointelegraph, Dong revealed that issuing Tether (USDT) backed by...
Although the release of Apple Card – a joint venture with investment firm Goldman Sachs – implied a disinterest in the future of cryptocurrency, recent remarks by project leads state otherwise. In a conversation with CNN’s chief business correspondent, Apple Pay vice president Jennifer Bailey voiced the project’s collective opinions...
Bitcoin as Digital Gold Over the past 18 months, the “Bitcoin is digital gold” narrative has gained a lot of steam across investment communities. From traditional market investors and macroeconomic analysts to cryptocurrency pundits and libertarians, Bitcoin has increasingly been seen as something that is effectively the digital counterpart to...
A tweet posted by John McAfee on August 24th announced a partnership with a company known as South China Zombie Research Centre. McAfee’s role involved assisting them with not only the promotion of their ICO, CZcoin, but also the creation of a whitepaper describing the project. McAfee then followed up...
Dapp.com, a Singapore-based platform for discovering and analyzing thousands of ranked decentralized applications (dApps), closed a $1 million Pre-A investment round on Thursday. The round was reportedly led by Du Capital and Hashed, a South Korean venture capital company focused on blockchain technology. According to its Crunchbase profile, Dapp.com ranks...
The initial coin offering (ICO) craze of 2017 generated billions of dollars for many blockchain startups. However, many of the projects were either scams or never managed to develop any useful products. But New York-based startup Celsius, which raised $50 million in cryptocurrency in May 2018 during its ICO, appears...
Crypto Adds Another Hater While Bitcoin (BTC) has undoubtedly outperformed every other asset class in 2019 (and over the past decade), cryptocurrencies have still been bashed. Warren Buffett, Mark Cuban, Ray Dalio, Donald Trump, and Soulja Boy are among the prominent celebrities/important people that have expressed a disliking towards Bitcoin,...
Bitcoin ETF Hopes Might Just Have Been Quashed… Again Hype has begun to build about Bitcoin exchange-traded funds (ETFs) yet again as the ruling dates on these investment vehicles have neared once again. Yet, a Commissioner at the Securities and Exchange Commission (SEC), which presides over this facet of the...
