Bitcoin’s decline in value late last month caught many by surprise, as the launch of Bakkt and other positive movements in the crypto space were expected to trigger substantial upward price movement. The fact that Bitcoin’s value is volatile and does not follow traditional wisdom is well known, and there has long been rumors of…
For over a year many crypto advocates have assumed that Bakkt would represent a major turning point in the crypto revolution, bridging the divide between blockchain assets and the traditional financial space. It has thus been surprising that the launch of the regulated futures exchange proved to be underwhelming, with only USD $600,000 in Bitcoin…
Although impressive development has taken place across the blockchain space during the past few years, the ability to purchase crypto with fiat remains challenging. Despite growing interest from the public, purchase options are limited, as the process tends to be long, inconvenient, and expensive. More fiat onramps are opening, but regulatory hurdles continue to be…
One of the reasons why we all love blockchain is its ability to "connect the dots" and communicate information in a way that is unprecedented. Starbucks is now officially going to use Microsoft's Azure blockchain services to track coffee beans and connect farmers with consumers, according to an article published by GeekWire. Microsoft and Starbucks…
The digital market has transformed tremendously over the
years. Despite its unpredictable nature, individuals and corporations commensurably
continue to take a keen interest in the cryptocurrency world. This is witnessed
by the numerous periodic crypto merger deals being sealed. From increasing
profits and customer base to reducing competition and overhead expenses, mergers
have countless benefits. 2019 is particularly promising. Although…
Bitcoin hit an all-time colossal value of $19,800 in December 2017. With other altcoins proportionately following suit, the total market capitalization value went beyond $600 billion in that year. In 2018, the cryptocurrency capitalization value shrunk to less than a third in comparison to 2017. Bitcoin's price is based on supply and demand. If the…
Nasdaq has recently announced their commitment to pursue Bitcoin futures, and is planning to introduce the contracts in the first quarter of 2019. The exchange operator was rumoured to be contemplating launching Bitcoin futures in 2017, however, operations were deferred in order to create a more unique offering. Partnership with VanEck The world’s…
On the 27th of November, Gabor Gurbacs, the CEO of VanEck made an announcement on the Consensus Invest stage. He said that VanEck will partner with Nasdaq to create a regulated crypto futures contract to the market. This article will talk more about the overall picture of cryptocurrency ETFs, and how this decision is actually…