New Bitcoin ETF Effort Launched by Money Management Firm
A US-based money manager wants to launch an exchange-traded fund (ETF) tied to the price of bitcoin. VanEck, which is headquartered in New York, is seeking to create the “VanEck Vectors Bitcoin Strategy ETF”. The goal, SEC filings reveal, is to have the ETF listed on the Nasdaq exchange. According to a preliminary prospectus published on August […]
David Sacks: Cryptocurrency fulfills the ‘original vision’ we tried to build at PayPal
https://www.cnbc.com/2017/08/14/david-sacks-cryptocurrency-interview.html
Bitcoin Price Could Exceed $100,000 by 2021: Harvard Academic
Bitcoin could pass $100,000 by February 2021; a Harvard academic has said announcing Bitcoin is the first digital currency to follow Moore’s Law. In emailed comments to Business Insider, investor Dennis Porto said that after analyzing Bitcoin’s performance, it was the “first” currency to follow the digital technology rule. “Moore’s law specifically applied to the number […]
What the Fork? Why Bitcoin Tech Changes Impact Price
Bitcoin can be an intimidating place for the new investor. Scrolling through your news feed, you’re more than likely to be greeted by apocalyptic headlines and strange terms – and you might not immediately understand the risks either poses to your investment. Take the term “forks,” for example. They’re certainly a pertinent issue without an analogue for more traditional […]
Bitcoin Prices Reach (Yet Another) All-Time High, Passing $4,240
Bitcoin has continued to trade at over $4,000 since reaching a record level of $4,225 yesterday, and has now set a new all-time high of $4,241. According to the CoinDesk Bitcoin Price Index, average prices across exchanges today opened at $4,111 and have seen a 2.97 percent increase so far. At press time, a bitcoin was worth $4,231. Notably, […]
Know Your Tokens: Not All Crypto Assets Are Created Equal
What we understand by the term “token” is actually best defined as the balance of some kind of account. But, perhaps most importantly, it’s a balance that can really mean anything its founder wants it to mean. To date, tokens have been made to represent a user’s reputation within a system (augur), a deposit in […]
Blockchain and Education: A Big Idea in Need of Bigger Thinking
You’ve probably been there: an interview, either for a job or university admission, with the interviewer sitting across from you scrutinizing a piece of paper that holds your credentials. And you can’t shake the feeling that she doesn’t believe you. It turns out that interviewers are right to be skeptical. According to a recent survey, […]
LedgerX and CBOE: The CFTC’s Trojan Horse in an SEC Turf War
Benjamin Sauter and David McGill of Kobre & Kim LLP are civil litigators and criminal and regulatory defense attorneys. They are also part of the Digital Currency & Ledger Defense Coalition, a group of over 50 lawyers dedicated to protecting US blockchain innovators. In this opinion piece, Sauter and McGill examine how a new class of […]
Blockchain technology will change the world’: Fidelity Labs SVP
Bitcoin is “digital gold” and “blockchain technology will change the world,” said Hadley Stern of Fidelity Labs. Fidelity announced Wednesday that it started allowing clients to view bitcoin and other cryptocurrencies on its website, a rare move for an established institution. Although bitcoin is in its infancy and still has many skeptics, it is “here […]
Enterprise Ethereum Alliance Gets to Work at 90-Member ‘Town Hall’ Meeting
The Enterprise Ethereum Alliance is on the verge of kicking off a new phase of its development. After launching earlier this year, and quickly growing to include more than 150 members from around the world, the alliance is about to initiate a flurry of activity from its diverse group of members aimed at breaking new ground on enterprise blockchain solutions Since revealing its first […]