#1 Source For Bitcoin And Altcoin News
Another week has passed for the Bitcoin Cash (BCH) community and as usual, there’s been a bunch of announcements and developments. BCH supporters this week saw the release of a multi-party onchain escrow system, Ethereum cofounder Vitalik Buterin discussed using the BCH chain as a data layer, and more BCH-accepting merchants were onboarded.
Also Read: Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity
Bitcoin (BTC) has seen a notable increase in price over the course of the last week, jumping from lows of $ 9,700 to roughly $ 13,000. This price boost was so attractive that an anonymous individual or entity deemed it fit to exit some or all of their BTC position on the open market. The trade occurred […]
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LedgerX, the first CFTC-regulated cryptocurrency asset management platform to offer physically-settled Bitcoin (BTC) derivatives, has obtained regulatory approval as a designated contract market. #Bitcoin derivatives trading for everyone is finally here! The CFTC has officially approved our DCM application! https://t.co/D8ZkhdQWc2 — LedgerX (@ledgerx) June 25, 2019 According to the recent announcement, LedgerX will soon begin […]
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The U.S. Commodity Futures Trading Commission has approved Ledgerx to offer physically-settled bitcoin spot and derivatives trading, previously available only to institutional investors, to retail investors of any size. Ledgerx explained that its new platform will share the same order book as the current institutional offering so plenty of liquidity is expected from day one.
Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms
The Commodity Futures Trading Commission (CFTC) announced Tuesday that it has approved the application of Ledgerx as a Designated Contract Market (DCM), effective Monday. The New York-based subsidiary of Ledger Holdings Inc. subsequently announced:
By CCN Markets: The Italian government is reportedly trying to be lenient on some forms of hard-to-tax savings, such as that held in safe deposit boxes. Bitcoin could be a viable investment for these retail investors. The reality is that no government can track every dollar – unless they have something like a blockchain to help them. This reality is part of the reason people believe the dawn of cryptocurrency may come at the hands of certain governments, intent on having a traceable monetary supply. For now, governments mostly benefit from there being an unknown amount of counterfeit fiat currency
Supermarket chain Carrefour has reportedly attributed a recent increase in sales to its use of blockchain tracking for food products.
CoinDesk
San Francisco-based crypto exchange Coinbase announced Thursday that it has officially listed EOS (EOS) on its retail trading platform. EOS is launching at https://t.co/iQARfi557o and in the iOS and Android apps within the next 15 minutes. You may need to update your app to properly buy, sell, convert, send, receive, or store EOS. We will update when […]
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Coinbase has added support for the EOS cryptocurrency for customers on Coinbase.com and its Android and iOS apps.
CoinDesk
San Francisco-based crypto exchange Coinbase announced Thursday that it has officially listed Maker’s (MKR) stablecoin Dai (DAI) on its retail trading platform. DAI is launching at https://t.co/iQARfimGvY and in the iOS and Android apps within the next 15 minutes. You may need to update your app to properly buy, sell, convert, send, receive, or store DAI. We […]
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The British pound fell from its two-month high early Friday as fears of a no-deal exit from the European Union rescinded. After hitting the $ 1.3000 mark on Thursday, the sterling pound is now trading around the $ 1.2940 level. While the sterling had hovered above the $ 1.2965 mark since the New York close, the decline accelerated
The post Watching the Pennies Excessively? Pound Falls from Two-Month High as UK Retail Sales Disappoint appeared first on CCN
Last week, we first reported that Epic Games’ official Fortnite merchandise store, Retail Row, was exclusively accepting Monero (XMR) as a payment option through GloBee, a global cryptocurrency payment provider which enables merchants to accept cryptocurrencies without risk. While we found the inclusion of a cryptocurrency payment option and the exclusivity of Monero intriguing, we noted that no […]
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Overstock’s highly-touted tZero project has been something of a money pit for the company, costing nearly $ 170 million in overall development costs with no live product yet available. Medici Ventures, Overstock’s blockchain investment arm, has acquired additional subsidiaries on the order of several more millions of dollars in an effort to expand its crypto portfolio. The
The post Full Crypto: Overstock CEO Patrick Byrne Selling Retail Business to Focus on Blockchain appeared first on CCN
A number of high profile, verified Twitter accounts including retail giant Target and The Body Shop were hacked in what appears to be a coordinated campaign to promote yet another iteration of the now-ubiquitous crypto giveaway scam. A series of tweets by verified Twitter handles endorsing the bitcoin giveaway scam were highlighted by a number of
The post Twitter: Bitcoin Scammers Hack Retail Giant Target’s Verified Account appeared first on CCN
Is this a case of chicken and egg? If more retailers accepted Bitcoin, would more employees expect their wages paid in Bitcoin? Or, does Bitcoin need to be viewed more widely as a replacement for fiat first?
A recent tweet by Francis Pouliot, CEO of Canadian Bitcoin (BTC) 00 payments startup Bylls began a discussion as to whether retailer adoption of Bitcoin payments is being stalled by the lack of wages paid in Bitcoin.
People that earn income in Bitcoin tend to spend bitcoins on goods, services, debts, bills and top-ups.
Five days after unveiling the listing of 0x (ZRX) on its Pro trading platform, Coinbase has announced that ZRX is now available to all retail investors on Coinbase.com and the exchange’s iOS and Android apps. According to the announcement, 0x is now available to buy, sell, send, receive and store on the Coinbase retail app. This marks […]
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Coinbase – one of the largest digital currency exchanges in the U.S. – is nixing its index fund designed for accredited investors and shifting its focus to a new retail product, The Block reports
Coinbase is shutting down its fund aimed at big investors as it pivots to a new retail product
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Coinbase first announced its fund back in March of 2018. The project was designed to give institutional investors easy access to the digital currency market by offering them an index that represents a basket of Coinbase’s listed assets. During this time, Coinbase representatives stated that they were “seeing strong demand from institutional and high net worth individuals.”
San Francisco-based Coinbase is reportedly planning to shut down its index trading product targeting accredited investors after user-demand failed to reach expectations. According to a recent report by The Block that cites insiders familiar with the matter, Coinbase has made the decision to forego its market-cap-weighted index fund after raising less than the firm expected. [Read: Coinbase […]
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There’s a general perception that retail investors are susceptible to rosy-eyed forecasts about the future of bitcoin, while institutions are more clear-headed about the prospects of this nascent asset class. However, a new survey conducted by Wall Street strategy firm Fundstrat suggests that once institutional investors are interested in bitcoin, they become even more bullish
The post Institutions More Bullish on Bitcoin than Retail Investors: Fundstrat appeared first on CCN
Coinbase is unveiling a suite of new initiatives designed to expand its market share. The latest update called “Coinbase Bundles,” refers to the pre-packaged collection of five cryptocurrencies available for purchase on Coinbase. The Bundle consists of Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and Ethereum Classic (ETC). A bundle of five cryptocurrencies
The post Coinbase Launches Poor Man’s Crypto Index Fund for Retail Buyers appeared first on CCN
Japanese banking giant SBI Holdings has unveiled plans to launch “S Coin”, a cryptocurrency token for mobile retail payments. Announcing the news in a statement on Tuesday, SBI revealed that the proposed coin, which is the product of a partnership with DLT provider Orb and Glory Corporation, will begin a trial run from October 2018 as
The post Japanese Giant SBI Plans Crypto Token ‘S Coin’ for Mobile Retail Payments appeared first on CCN
