Blockchain security company BitGo is launching a new service for institutional clients: a clearing and settlements system that operates off-chain.BitGo announced this new service in a press release on May 14, 2019, describing some of the features that this new system will have. Assets “never need to leave custody,” according to the announcement, and “counterparty risk is minimized” with BitGo...
The U.S. SEC has again delayed its decision on crypto index fund provider Bitwise’s bitcoin ETF application, and is seeking comments from the public ...
The parabolic rise in Bitcoin price over recent weeks has shocked the entire crypto market, as the leading cryptocurrency by market cap revives memories of its media-fueled meteoric rise to its all time high price of $20,000 in late December 2017. Following the break of that famous parabolic advance, Bitcoin price ping ponged between decreasingly... The post Crypto Analyst: Bitcoin...
In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot serve as a store of The post Our Value of...
Binance Coin (BNB) up 5.8 percent Binance and eBay could link up There is no official confirmation, but rumor has it that eBay could announce their support of Binance Coin (BNB). The platform is one of the largest in the world, and that resulting demand could thrust BNB towards $42. Binance Coin Price Analysis Fundamentals... The post If eBay Rumor...
The first quarter of 2019 was bullish for the digital asset management firm Grayscale Investments and the company is gearing up to have another run.According to a first quarter “Digital Asset Investment Report” from the company, published on May 13, 2019, product inflows from Grayscale Investments grew by 42 percent over Q4 2018. The company revealed that its Bitcoin Investment...
This article was originally published by 8btc and written by Lylian Teng.The bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green. The rally has sent “bitcoin” to the top of the Baidu hot searches (China’s equivalent of Google Trends) as of May 14, 2019.As of press time, bitcoin is trading...
For the crypto industry, attracting the next 100 million consumers to start using tokens as currency is going to require simpler access methods. The current process of exchanging a fiat currency (e.g., USD) to any cryptocurrency (e.g., bitcoin), is a multi-step process with lots of obstacles. This article originally appeared on Bitcoin Magazine. ...
From today, US customers have the option of paying at 15 major retailers with bitcoin. This is made possible through a partnership with payment provider Flexa, with their SPEDN app, and Gemini exchange. But does this have enough mass appeal to lure no-coiners? The Flexa Network Flexa co-founder and CEO, Tyler Spalding launched the company... The post Major Retailers Like...
Popular cryptocurrency exchange Binance will be conducting a system upgrade on May 15, 2019, in the wake of a $40 million hack.Per an announcement that was published on the exchange’s blog, the scheduled system update will affect all transactions on the platform for about 6 to 8 hours. However, it also noted that the time needed for this upgrade to...
