LedgerX Launches Bitcoin Futures That’s right, Bakkt has formally been beat. Launched today, LedgerX will be allowing any U.S. resident to trade physically-deliverable Bitcoin (BTC) futures. In a press release revealed to CoinDesk, the New York-based crypto exchange revealed that it will be launching this product for both institutional and...
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Chinese ASIC manufacturer Canaan Creative has allegedly filed for a confidential IPO in the United States. According to Asian financial news site IFR Asia on Wednesday, the company is pursuing $200 million USD by way of the public listing. A previous report by Bloomberg in January rumoured a Canaan IPO...
Ethereum Stablecoins Growing Ethereum’s fundamentals have continued to swell. The project, which recently turned four, was the recent blockchain under the scope of crypto-centric institutional data/tools provider Trade Block. Per their analysis, which was shared on Twitter by Mihaio Bjelic, Ethereum-based stablecoins, ERC-20 digital tokens most often pegged to the...
Over the past several days, the world has watched a precarious situation surrounding Tron-blockchain founder and “crypto whiz kid,” Justin Sun, and the Chinese government unfold, primarily surrounding his controversial upcoming lunch with Warren Buffett. Despite this controversy, China’s Center for Industry Development (CCID) has continued to favor Tron, and...
Tom Lee, co-founder of Fundstrat Global Advisors, believes recent interest rate cuts by the US Federal Reserve are a net positive for Bitcoin’s development and propagation. In an interview with Fox Business on July 31st, Lee shared his thoughts on the new interests rates and his prediction of what’s to...
Last week it was in the US, this week it is the turn of UK regulators to scrutinize cryptocurrency and their findings, as expected, are not favorable. The UK’s financial services watchdog has reissued warnings on crypto assets echoing the same tired arguments we have all heard before. No Intrinsic...
Samsung Enters Partnership Crypto payments startup Pundi X (NPXS) has just made a big splash. Revealed in a Medium blog posted on Jun 29th, the firm has partnered with Samsung to become the first “Fintech app” of the latter firm’s growing blockchain ecosystem. What’s funny is that both companies are...
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,...