Bitcoin ETF Approval a ‘Sell the News’ Event
The SEC's approval of 11 Bitcoin ETFs has proven to be a 'buy the rumor, sell the news' trading event. Will an Ethereum ETF be the same?
Bitcoin Price Surges to $42,000, Sparking Speculation of Bull Run
Bitcoin soared to $40,105 on Sunday, marking its highest valuation in nearly a year and a half. The surge is attributed to growing optimism among investors, fueled by speculation that U.S. regulators are set to greenlight stock-market traded bitcoin funds.
Ledger, CoinShares, and Nomura Join Forces to Launch Komainu, an Institutional Grade Bitcoin Custody Service
Komainu was first announced in May 2018. The companies which make up the joint venture include Ledger, a hardware wallet and crypto asset security firm, Coinshares, a crypto investment fund, and Nomura, a Japanese based global investment bank.
Carpooling company Ryde launches BTC Payments Option
Singaporean carpooling company, Ryde, has recently announced that it will launch its own crypto wallet which will allow users to pay for its services with Bitcoin.
Reddit launches Ethereum-based points systems
Reddit has announced that users will now be able to earn rewards called “Community Points,” for creating and engaging with content on the platform.
Bitcoin’s path to adoption
Bitcoin is described as a peer-to-peer electronic cash system in its whitepaper. Early adopters hoped it would be used by anyone across the globe. Ten years later, bitcoin has not yet become a universally accepted currency and has instead evolved to become different things to different people.
South Korean banks spearhead blockchain adoption
South Korea is a global crypto hot spot and its citizens are some of the most enthusiastic crypto traders in the world. The technology-focused country continues to adopt blockchain solutions with South Korea’s largest bank Kookin the latest to announce a new crypto initiative.
AT&T now accepts Bitcoin. Is this what adoption looks like?
Telecom giant AT&T is one of several new companies to announce it will accept bitcoin and other cryptocurrencies as a payment option. Is this a sign of growing adoption or will these companies experience the same issues that have made cryptocurrencies a problematic payment solution to date?
Institutionalization of cryptoassets
This paper provides an overview of the crypto market, introduces the emerging tokenized economy, and identifies the key challenges to the adoption of crypto in the global financial services ecosystem. The paper also introduces KPMGs Cryptoasset Framework to help address these challenges. The framework underpins KPMGs crypto capabilities that have been developed through their work with crypto exchanges, start-ups, and large financial services organizations.
Building trust in government: Exploring the potential of blockchains
This report shares key insights on market adoption of blockchain solutions. It also explores what differentiates early adopters and how other government organizations can benefit from their blockchain explorations.
Segwit tackles short term Bitcoin blocksize problems, and helps long term scaling solution
The Bitcoin blockchain has long been touted as an alternative to legacy financial systems. Among a range of technological achievements, the peer to peer electronic cash system offers low fees and near instant transactions. However, the number of transactions processed by the network has been an ongoing source of contention.
Bitcoin Adoption Growing & Fundamentals Improving; Raising Price Projection
This report largely builds upon our previously published research. Investors that are less familiar with Bitcoin may find our initiation report for the Bitcoin Investment Trust helpful as it answers some basic background questions on Bitcoin and provides more information on the Bitcoin Investment Trust.
SWIFT report examines Bitcoin as a currency
The SWIFT Institute recently announced new research which “assesses whether the global financial community is accepting Bitcoin as a valid currency.” The research is based on a working paper first published in February 2015, “Virtual Currencies: Media of Exchange or Speculative Asset.”
Bank of America Merrill Lynch, HSBC, and IDA develop a blockchain prototype solution for trade finance
Bank of America Merrill Lynch (BofAML), HSBC, and the Infocomm Development Authority of Singapore (iDA) recently announced that they have jointly developed “a prototype solution built on Blockchain technology that could change the way businesses around the world trade with each other.”
‘Bottom line: Bitcoin bad, Blockchain better,’ claims Credit Suisse
Founded in 1856, Credit Suisse is a leading global private bank and wealth manager. The company reported $1.25 trillion under management in 2016, has operations in about 50 countries, and 47,180 employees from over 150 different nations.
Blockchain an ‘essential’ tech for CEOs, states PwC
PricewaterhouseCoopers (PwC) is one of the world’s largest professional services firms in the world. With headquarters in London, the company operates in 157 countries, boasts 756 locations and employs 200,000 people. The company ended 2015 with global revenues reaching US $35.4b.
