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.
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.
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.”
‘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.
Decreasing relevance has consumers straying to bank alternatives, states Earnst & Young
British multinational professional services firm, Ernst & Young (EY), recently published its Bank Relevance Index (BRI). The data shows how banks’ "decreasing relevance has consumers straying to bank alternatives."
Banks abandon the Caribbean, local bitcoin exchange experiences 33% increase in users every month since February
Smaller, poorer countries are being abandoned by big banks in an exodus commonly referred to as “de-risking” or “de-banking.” In the Caribbean, where many small countries with poorer populations reside close to each other, the problem is getting so bad that local businesses regularly have a hard time receiving remittances and paying suppliers outside of their own country, even when their trading partner is just the next island over.
Seafile accepts bitcoin after Paypal shenanigans
The open source cloud storage firm, Seafile, has dropped their primary payment processor, Paypal, and started using bitcoin as their preferred payment option.
Mediachain adds integrity layer to online content
We live in an age where online content often has no attribution attached, from songs to cat gifs and HD movies. Sharing content has become so ubiquitous and easy that ownership information can be quickly lost and hard to track. It then becomes effortless to replace that information, compounding the problem further.
Blueshyft and Bitcoin Australia partner to sell bitcoin over the counter at 1,200 newsagency shops
Access to bitcoin in Australia became far easier today, as a Melbourne-based startup, Bitcoin Australia, teamed up with one of the largest retail networks in Australia, Blueshyft. Anyone with some cash, a phone number, and an email address, can now purchase bitcoins over the counter at more than 1,200 retail locations. The process takes less than 30 minutes, using iPad-based terminals at newsagency shops nationwide.
How peer-to-peer changes the financial world
Another factor of reimagining finance for the internet age is the very nature of person-to-person connectivity and peer-to-peer networking. These two factors are very different and also different in the nature of how people are connecting. In the developed world, we have the viral connectivity of the smartphone; in the developing world, we have the basic connectivity of the mobile phone. Soon, both will transition into smart and mobile objects from cars and televisions to heating systems and refrigerators. In fact, with Nest and Samsung Home, it’s already pretty much there.
Steam accepts bitcoin with BitPay
The Valve Corporation recently started accepting bitcoin payments on the digital distribution platform Steam. The service offers some of the world's most popular video games, including Grand Theft Auto, Dota, Fallout, Team Fortress, and Counterstrike. At any given time of the day, several million users are on the platform, the peak number of players logged in last weekend was just shy of 13 Million. More than 125 Million gamers had active accounts in 2015.
This is what every board director needs to know about the blockchain
There was a time when ‘Lotus 123’ was synonymous with ‘spreadsheet’. But you would be hard-pressed to find anyone in the current generation who could name the predecessor to the ubiquitous Microsoft Excel. Fewer again would know that something called VisiCalc ever existed let alone know it was responsible for creating the opportunity later exploited by Excel.
Brave Software reveals details about browser bitcoin micropayments and user earnings
Brave Software has created an open source internet browser, made to compete with the likes of Firefox, Chrome, and Opera. The browser initially removes all forms of advertising from a webpage, including banners, pop-ups, tracking pixels, malware, and flash cookies. The platform then serves different ads in some locations.
Buy bitcoin with cash at up to 633,000 outlets in over 40 countries
The places and methods we have for purchasing bitcoins are rapidly expanding. Companies like Bitit and Bitboat are adding to the options, making it easier to walk into a physical store and purchase bitcoin in person. Services like these generally offer a card or voucher that can be redeemed for bitcoins, or traded for bitcoins on an online exchange.
