Bitwise Asset Management is the latest venture to apply for a cryptocurrency exchange-traded fund (ETF). Called the Bitwise HOLD 10 Cryptocurrency Index Fund, the ETF will track the returns of the company’s HOLD 10 Index, a “market-cap-weighted index of the 10 largest cryptocurrencies” that captures roughly 80 percent of the total cryptocurrency market capitalization. A […]
In a blog post before Google’s Cloud Next ’18 conference today, the company has announced a partnership that will permit it to offer the financial services industry a cloud-based platform on which they can develop and run blockchain-based applications. Google’s Cloud Platform To make it happen, Google has teamed up with Digital Asset — a provider of distributed […]
Enthusiasm for blockchain technology in businesses and organizations continues to gather steam, with global spending on blockchain solutions expected to rise almost tenfold between 2018 and 2022. According to market research firm International Data Corporation, the global expenditure on blockchain is expected to grow at a compound annual growth rate of 73.2% to reach a […]
Bitcoin took a significant step toward becoming a mainstream financial instrument this week, as two institutional investors completed the first-ever exchange for physical (EFP) transaction involving bitcoin futures. The CME EFP Bitcoin transaction, facilitated by E D & F Man Capital Markets, a registered futures commission merchant, and itBit, an institutional-grade cryptocurrency exchange, saw two […]
Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea. Per the report, Binance CEO Changpeng Zhao hinted at his company’s expansion plans while speaking at the Blockchain Partners Summit in Seoul last weekend. While South Korea is presumed to be the third-largest crypto market after the U.S. and Japan, […]
“Big Four” financial firm PriceWaterHouse Coopers Switzerland will audit the Tezos Foundation, the latter announced Monday.
Crypto investment startup Bitwise announced it filed to offer a cryptocurrency exchange-traded fund (ETF) Tuesday.
Crypto-lending firm BlockFi raised $52.5 million in a fundraising round led by Mike Novogratz’s Galaxy Digital.
Dash is establishing itself as one of Venezuela’s most popular cryptocurrencies. Bitcoin may still be king on the international scene, but in South America’s northernmost country, dash is vying for superiority. And, according to Latin American exchange Cryptobuyer, it has all but usurped bitcoin in the region. “Cryptobuyer was the first platform in Latin America […]
The post Bitcoin News Summary – July 23, 2018 appeared first on 99 Bitcoins. Español Русский Here’s what happened this week in Bitcoin in 99 seconds. BlackRock, the world’s largest asset manager with $6.3 trillion under management, announced on Monday that it’s considering Bitcoin for investment purposes. The firm’s CEO, Larry Fink, said that BlackRock […]