Tag Archives: Bitcoin (BTC)

Chicago based securities rating firm Morningstar has moved ahead of the rest of the securities ratings agencies to begin rating blockchain-based debt securities which are backed by debt assets in the real-world. Being the first time, a rating agency would attempt such a move, the rating firm already has its hands in the cryptocurrency pie as it has been working on building models that provide accurate methods of rating blockchain-based securities.This move is also an indication that the firm...

In what seems like a first for the global cryptocurrency world, six Japanese cryptocurrency heavyweights have come together to create what is now known as the “Japanese Security Token Association”. The founding members include Monex Inc, Rakuten Securities, Nomura Securities, SBI Securities, Daiwa Securities, and Kabu.com Securities.Headquartered in Tokyo, the new self-regulating organization will work towards seeing that corporate bodies raising finance using the STO model will adhere to...

Venezuela’s President Nicolas Maduro openly admitted that his policy is definitely pro-crypto – especially regarding Bitcoin and Ethereum. He said Venezuela’s government will use cryptocurrencies as a “method for free national and international payments.”Let’s not forget that the U.S. imposed sanctions that have largely isolated the country from the global financial system, causing one of the world’s most severe economic crises and forcing statesmen and executives to use a whole new network...

The prevalence of underbanked people in the United States is a cause for concern. Currently, eight percent of 115 million households in the United States alone are underbanked or don’t have access to banking services such as checking accounts, savings, loans, or lines of credit. This prevalence is driven largely by high fees, inconvenience, and a distrust of traditional banking systems. While there’s no fast or easy solution to America’s underbanking issue, could cryptocurrency ATMs be the...

Last week, the Intercontinental Exchange (ICE) launched its regulated Bitcoin Futures contracts. While there was a lot of buzz before the launch, Bakkt failed to make an impact on the market.The Bakkt futures contracts saw very lukewarm response from investors. With one week since its launch, the Bakkt futures contracts have just $5 million in total trading. Bakkt’s Bitcoin futures contracts come in two options – daily and monthly settlement. The daily contracts settlements have received an...

What is the most used crypto in the world today? Many may think that it is Bitcoin since it accounts for over 67% of the digital-asset world’s market value. They could be wrong. Although dependable figures on trading volumes are rare to come by in the unpredictable crypto finance world, CoinMarketCap.com data shows some interesting reports.The token that has the highest daily and monthly trading volume is Tether that has a market capitalization that is over 30 times smaller than Bitcoin....

Photo: Band Protocol / MediumBand Protocol, Sequoia-backed data management company, has launched the mainnet of its decentralized trading app. The news follows Band Protocol’s announcement about going live on Ethereum mainnet.2/ Another key highlight today is the launch of BitSwing Mainnet, which represents a perfect example of dApps made possible with $BAND oracle.?Available now on: https://t.co/I5Phc78KEb— Band Protocol (@BandProtocol) September 30, 2019Features of BitSwingCalled BitSwing,...

Recently Overstock and its former CEO Patrick Byrne have recently made a lot of headlines. The main reason for that is that Patrick Byrne left the company with a big bang, sold all his equities and didn’t keep it a secret that he had invested in Bitcoin and gold.Now, an investor from Canada – Benjamin Ha, has filed a complaint with the United States Securities and Exchange Commission (SEC) alleging that between May 9 and September 23, 2019, Overstock published “materially false and misleading...

While today the crypto markets are starting to look a little alive and is seeing a somewhat green pattern, Tom Lee from Fundstrat tweeted a sort of reminder about the rule of 10 best days. He says that the majority of Bitcoin gains come in the ten best trading days. According to Lee, this only happens once a year. Moreover, he claims that when these ten best trading days are excluded, Bitcoin sees a -25% per year. More specifically, in the last bull run of 2017 Bitcoin saw an unbelievable...

If the signals are anything to go by the acquisition of premier South Korean cryptocurrency exchange Bithumb may fail unless some sort of miracle occurs. The Singaporean based but South-Korean owned BK Global Consortium has allegedly failed to meet up to its commitments as per the deal which saw only a $100 million (a third of the total of 400 Billion South Korean Won or over $330 Million) paid.BK Global Consortium’s Head Kim Byung-gu,n who spearheaded the deal, is said to have asked for an...