Bitcoin News 29 August 2017 – SEC Clamping Down on ICO’s

Bitcoin News today leads with the news that The U.S. Securities and Exchange Commission (SEC) issued a warning about companies making Initial Coin Offering (ICO) claims, market manipulation as well as “pump and dump” schemes. The number of ICO’s has rapidly escalated during 2017 and this has piqued the interest of regulators from China to the USA.       In other News Headlines:-   Saxo Bank – A Denmark-based multi-asset and trading institution just added exchange-traded notes for Bitcoin. The bank recently stated they are allowing clients to gain…

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Bitcoin News 28 August 2017 – Bitcoin EFT’s Become More Likely as New ETF’s filed with SEC

Bitcoin News today with the leading story reporting that two more Bitcoin ETFs have been filed with the U.S. Securities and Exchange Commission (SEC). “Rex Bitcoin Strategy ETF” and “Rex Short Bitcoin Strategy ETF”. Their investments will include US-listed Bitcoin derivatives. Once ETF’s are listed on stock exchanges, this will open up the opportunity for thousands of investors such as institutions, banks, pension funds, insurance funds, hedge funds and any individual who has an account with the stock exchange. This could put a fire under Bitcoins price. According to a…

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Bitcoin News 22 August 2017 – Credit Suisse leads Banks for Blockchain-based Syndicated Loans

Bitcoin News today with the leading story being Credit Suisse leading a group of banks in the launch of a commercial platform for blockchain-based syndicated loans. Credit Suisse believes blockchain technology can reduce barriers between counterparts as well as reduce time and cost by using smart contracts.   Emmanuel Aidoo, who leads Credit Suisse’s blockchain said “We are working to put a few dozen smaller loan transactions, where we or other participating banks are the agent, onto a distributed ledger platform using smart contracts in production next year.”   Banks…

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Bitcoin Setting New Highs over $4000 Fueled by Japanese Demand

The Bitcoin price has soared to new highs over $4000 and ramping up to $4183 on Cryptocompare. Many are questioning what the reasons for this surge in price. According to reports below, the Japanese Yen is the highest traded Bitcoin volume at this time.   This comes as no surprise.  In a bold step forward into the digital economy, Japan made Bitcoin a legal payment system on 1 April 2017, and since then there has been significant Institutional, Investor, Consumer and Merchant adoption.   The legality of Bitcoin and adoption…

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Bitcoin News 11 August 2017 – Bitcoin Price Blasts Past $3500!

Bitcoin News today leads with the Breaking News that the Bitcoin price has blasted past the $3500 level and heading upward. As Bitcoin trades around the clock, this could be a very interesting weekend ahead.   There could be a number of reasons why this price is moving to these new all time high levels. Firstly, SegWit was activated and then locked in on 8 August. SegWit on the Litecoin network has no issues emerge, which bodes well for Bitcoin. The development team has released a roadmap for SegWit2X, which…

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Bitcoin News 10 August 2017 – Institutional Investors Cannot Ignore Cryptocurrency Market

Bitcoin News Today and the top story is that Goldman Sachs is informing it’s big money clients that it’s getting harder for institutional investors to ignore the cryptocurrency market. The total market cap for cryptocurrency has grown to more than $120 billion. Bitcoin has grown more than 200 percent this year and by $1000 in the past month.   Fidelity users can now track their Bitcoin and cryptocurrency investments alongside more traditional assets.The R&D and innovation unit of Fidelity Investments is partnering with Coinbase Cryptocurrency Exchange, to make the feature…

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Bitcoin News 7 August 2017 – Bitcoin Price Soars beyond $3400

Bitcoin News today sees the Bitcoin price rise above $3400 in the wake of SegWit activation on 1 August 2017, and the subsequent birth of Bitcoin Cash. High traded volume supporting the soaring price as investors rush to own Bitcoin.     Some investors are paying an almost 75% premium just for exposure to Bitcoin and this relates to Grayscale Bitcoin Trust, the only exchange traded Bitcoin product on the market today.   The SEC is changing guard as the existing top official in charge of approving new financial products…

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BREAKING NEWS – Bitcoin Price Shoots Past $3000 to New All Time High

BREAKING NEWS – the Bitcoin price has just shot past $3000 to a new all time high. This has come at the end of a historic week in the life of Bitcoin.     1 August saw the activation of SegWit (BIP148) which seemed to pass as a non-event. Later in the day, a miner activated hard fork activated and created a new cryptocurrency called Bitcoin Cash. Everyone who had Bitcoin in their personal wallet or in a participating exchange would have received the same quantity in Bitcoin Cash.  …

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Bitcoin News 4 August 2017 – The Birth of Bitcoin Cash and the Resilience of Bitcoin

Bitcoin news today – an eventful week saw the birth of Bitcoin Cash and the resilience of Bitcoin. Very quickly Bitcoin Cash shot to third place in terms of market cap but has since dropped into fourth place under Ripple, the protocol which has been adopted by many banks and payment networks globally.   source:  coinmarketcap.com   Bitcoin price stability is a testament to the fact that Bitcoin has strong fundamentals. In a new development, the Chicago Board Options Exchange (CBOE) has partnered with Gemini, the Bitcoin exchange backed by…

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Bitcoin News 3 August 2017 – Bitcoin Derivatives set to Ignite Prices

It’s the Bitcoin News, and what could be the news of the year leading as the top story today. Bitcoin derivatives are set to ignite prices as it is reported that the Chicago Board Options Exchange (CBOE) has partnered with Gemini, the Bitcoin exchange backed by Cameron and Tyler Winklevoss. This is part of a bid to launch cryptocurrency derivatives trading. The reason this is such important news is that all big financial institutions have an account on the CBOE and this could fire up cryptocurrency prices like we’ve never…

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