Bitcoin ETF ‘Not Going To Happen’ Due To US Gov’t Shutdown, Says Lawyer

A Bitcoin exchange-traded fund (ETF) is “not going to happen” in the event of a protracted US government shutdown. ‘In Reality It Would Never Happen’ That was the position of securities lawyer and frequent cryptocurrency commentator Jake Chervinsky this week in the face of mounting rumors the long-awaited instrument could soon go public. After president […]

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Bakkt Raises $182.5M From Microsoft And Other Big-Name Investors

Bakkt on Monday announced the completion of its first funding round, to the tune of $182.5 million. The platform which aims to offer the first-ever Bitcoin-settled futures contracts in the coming year says it is going ahead with its plans irrespective of the current market conditions. $182.5 Million in Funding From High Profile Investors In […]

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Bitcoin Will ‘Unequivocally’ Survive, Says NYSE Chairman

Jeff Sprecher, Chairman of the New York Stock Exchange, stated his belief in the future existence of bitcoin and cryptocurrencies. Answering the question, ‘Will digital assets survive?’ he said, “The unequivocal answer is ‘Yes’.” In Need of Reassurance Following yesterday’s news that Allianz’s Chief Economic Adviser is vouching for the longevity of bitcoin, NYSE Chairman, […]

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Bakkt CEO: We’re About To See A Cryptocurrency Revolution

The CEO of Intercontinental Exchange’s (ICE) forthcoming cryptocurrency trading platform Bakkt has said she wants to deliver a “revolution” in the sector in a similar way to energy trading fifteen years ago. Crypto ‘Revolution’ Matches Early 2000s Energy Market Speaking to Fortune following news Bakkt had hired former Coinbase vice president Adam White as COO, […]

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Bitcoin Price Analysis: It’s Getting Down to the Wire

FUD appears to be dragging Bitcoin price through the mud this week. What is really happening, consolidation or a bearish reversal? Bitcoin Price Market Overview As Bitcoin 00 pulls back from a week of inspiring gains, the mainstream media and an array of Bitcoin pundits are calling this a ‘crash’. Rumors of Mt.Gox trustee, Nobuaki […]

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