Bitcoin Giant Grayscale Bolster Institutional Offerings, Launches Stellar Lumens Trust
While Bitcoin (BTC) and a majority of cryptocurrencies, save for Augur’s REP, have remained in a mundane price lull to start 2019, this industry’s upstarts have forged ahead. Grayscale Investments, a self-proclaimed “global leader in digital asset management,” recently launched an investment vehicle centered around Stellar Lumens (XLM) in a seeming bid to spark Wall […]
Bitcoin Startup BitGo May Spark Wall Street Participation In Crypto
Since Bitcoin (BTC) began to falter in early-2018, optimistic investors, many of which are “HODLing,” have resorted to grasping for straws. Case in point, the words, “Wall Street” and “institutional investors,” are incessantly mentioned, as crypto diehards have sought to find a light at the end of the proverbial tunnel. Yet, institutions have been effectively elusive, with whale sightings, if […]
LedgerX Launches ‘Bitcoin Fear Index’ to Track Price Volatility
LedgerX thinks cryptocurrency traders should be able to assess bitcoin’s volatility. And, taking a leaf out of the stock market’s book, the derivatives trading platform has built an index to track this benchmark. The company announced Monday that it was launching the LedgerX Volatility Index (LXVX), which will track the expected volatility for bitcoin. The […]
Coinbase Offers Support For Ethereum Hard Fork
Coinbase is one of the biggest exchanges in the United States and it has recently confirmed its support for Ethereum’s Constantinople hard fork. Coinbase isn’t the only one who has confirmed their support as the US-based cryptocurrency exchange Kraken has also said that they will be supporting the hard fork too. The two exchange giants […]
Coincheck Wins Crypto Exchange License 12 Months After Major Hack
Japanese crypto exchange Coincheck, which suffered a $530 million hack in January of last year, is now a licensed entity. Monex Group, the Japan-based online brokerage firm that acquired Coincheck for $33.5 million following the cyberattack, announced Friday that the exchange is now registered with the Kanto Financial Bureau, under the country’s Payment Service Act, […]
Crypto Hedge Fund Manager Disputes Augur Metrics of $2 Mln, Claims Only $100,000 at Stake
Blockchain-based prediction market Augur is reportedly significantly overestimating its usage, a founding partner of cryptocurrency hedge fund Tetras Capital claimed on social media on Jan. 10. The latest criticism of the project, Alex Sunnarborg took Augur to task following publication of its most recent weekly report showing the amount of money circulating within its markets. Specifically, the report claims around $2 million is […]
Circle CEO Says More Regulatory Clarity From US SEC Will Help Unlock Crypto Markets
CEO and co-founder of Goldman Sachs-backed crypto finance company Circle has said the biggest regulatory hurdle facing crypto today is the lack of clarity from the United States securities regulator over how to define various crypto assets. Jeremy Allaire made his remarks in an AMA reddit thread he initiated on Jan. 10 together with Circle co-founder Sean Neville and other representatives from […]
Winklevoss Twins: Bitcoin (BTC) Will Surpass Gold’s $7 Trillion Market Cap
After a 3-year hiatus, Cameron and Tyler Winklevoss, the founders of Gemini Trust, a New York-based digital currency exchange and custodian, took to Reddit to field questions in an official “Ask Me Anything” (AMA). Cameron Winklevoss ✔@winklevoss It’s been 3 years since my last #RedditAMA w/ @tylerwinklevoss! Come join us in 10 minutes (at 1pm ET) and ask us anything! https://www.reddit.com/r/IAmA/comments/adk0ua/we_are_cameron_and_tyler_winklevoss_cofounders_of/ … […]
US Department of Energy to Fund Blockchain Research Projects
The U.S. Department of Energy has announced federal funding of up to $4.8 million for universities working on R&D projects, including those related to blockchain. Announced Monday, the funding is being made available through the department’s Office of Fossil Energy as a part of the “University Training and Research” initiative aimed to develop fossil energy applications. […]
Bitcoin IRA Launches White-Label Solution for Enterprises The solution is targeted to the financial advisors and wealth managers.
Los Angeles-based cryptocurrency company Bitcoin IRA has announced the launch of a turnkey white-label solution for enterprise businesses. Targeted to financial advisors, registered investment advisors (RIAs), wealth managers and other licensed money managers, this system will allow their customers to invest in Bitcoin-based retirement funds. Discover iFX EXPO, Your Gateway to Asian Markets! Commenting on the launch […]