Tag Archives: Digital Currency

AngelList’s Naval Ravikant: Bitcoin Solves ‘Money Problems’

AngelList’s Naval Ravikant: Bitcoin Solves ‘Money Problems’

Bitcoin’s recent – and eye-popping – price movements above $12,000 have some observers saying the market is in bubble territory. While he’s not ruling it out entirely, Naval Ravikant, the co-founder of AngelList, holds a less alarmist view. “Money is a bubble that never pops,” he said at yesterday’s Token Summit II in San Francisco, adding: “It’s a consensus […]

Ripple Price Consolidates, But Could It ‘Swell’ Higher?

Ripple Price Consolidates, But Could It ‘Swell’ Higher?

The cryptocurrency that powers Ripple’s XRP ledger is showing signs it may be consolidating ahead of a boost. At press time, the XRP-U.S. dollar (XRP/USD) exchange rate seems to be building a base around $0.20-levels. The third largest cryptocurrency by market capitalization has gained 2.56 percent in the last 24 hours. Elsewhere, Ripple news was […]

Two More Bitcoin Futures ETFs Are Up for SEC Approval

Two More Bitcoin Futures ETFs Are Up for SEC Approval

A Maryland-based exchange-traded fund (ETF) firm has filed to launch two new bitcoin futures-based products. According to a Form S-1 dated September 27, ProShares Capital Management wants to create two bitcoin-tied funds: the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. Like other proposed ETFs that have emerged in recent months, ProShares isn’t planning […]