• Investment firm Wellington Management Co. has just thrown its $1 trillion hat into the cryptocurrency ring. Big Money According to the Boston-based investment management company’s February report, the private and independent firm is officially considering including cryptocurrencies in some portfolios, as its systems were recently upgraded to enable trading in Bitcoin derivatives. Wellington has also started taking out positions in companies related to cryptocurrency. According to Bloomberg, the team releasing the report includes equity research analyst Matthew Lipton

    $1 Trillion Investment Management Company Getting Serious About Crypto

    | 2018/03/01 9:00 pm
  • In an effort to bring the largely unregulated and highly speculative world of initial coin offerings in the US under control, the Securities and Exchange Commission (SEC) has started to issue subpoenas. Those initially targeted in the investigation were technology companies and advisers involved in the cryptocurrency industry. Just a few hours ago, the WSJ reported that the SEC’s probe was intensifying the underlying need for US regulators to rein in the industry. The primary concern

    SEC Probes ICO Fundraising Methods

    | 2018/03/01 2:30 am
  • The U.S. Commodity Futures Trading Commission (CFTC) now allows its employees to trade Bitcoin and other digital assets. Moreover, CFTC’s Chairman J. Christopher Giancarlo recognizes that Bitcoin can no longer be ignored and that cryptocurrencies offer both significant challenges and opportunities. CFTC Authorizes its Employees to Trade Bitcoin As reported by Bloomberg, CFTC, the chief U.S. commodities regulator, is now allowing its employees to invest in cryptocurrencies. The agency granted this authorization after CFTC employees

    U.S. Commodities Regulator Allows Its Employees to Trade Cryptocurrencies

    | 2018/02/28 9:00 pm
  • Two first-time cryptocurrency investors shared their stories with The National on Wednesday, which illustrate that Bitcoin indeed isn’t the get-rich-quick scheme many people mistakenly believe. ‘ … What I Made, I Then Lost’ First up is a Pakistani investor named Mohammed, who first invested in the Bitcoin market in December 2017. Mohammed told The National: I invested $10,000, made 30 percent and sold a week later. Then I put the whole $13,000 in again a

    Two UAE Investors Learned Bitcoin Isn’t a Get Rich Quick Scheme

    | 2018/02/28 3:00 pm
  • Toronto-Dominion (TD) Bank is the latest financial institution to ban customers from using their credit cards to purchase cryptocurrency. As more retail investors continue to be onboarded, banks are looking to protect them from making ignorant decisions. Weighing Risk, Regulation, and Rapidity In a recent move that has become common from banks, TD Bank is effectively halting the use of credit cards to purchase cryptocurrency. Originally still permitting purchases even after the first move from

    TD Bank The Latest to Halt Cryptocurrency Purchases Using Credit Cards

    | 2018/02/24 2:30 am
  • Investing in Bitcoin and cryptocurrencies has always been a rocky ride. Is the volatility worth it? ETF industry veteran and Bitwise executive Matt Hougan certainly thinks so. Generationally-Significant Opportunity Sometimes it’s easy to forget that those of us investing in Bitcoin and cryptocurrencies right now are still the early adopters — and the potential for significant gains down the road is massive. Bitwise Asset Management Vice President of Research and Development Matt Hougan recently appeared

    ETF Industry Veteran: Bitcoin is a Multi-Trillion Dollar Opportunity

    | 2018/02/23 8:00 am
  • According to a new report, a French market regulator has started cracking down on online trading platforms that offer cryptocurrency derivatives. Cryptocurrency Derivatives With the recent rise for cryptocurrencies worldwide, many trading platforms have started offering binary options, contracts, and derivative products tied to major cryptocurrencies like Bitcoin, Litecoin, and Ethereum. These new trading products have drawn the attention of several regulatory agencies in Europe. One of them is the French Autorite des Marches Financiers, which

    French Regulators Are Cracking Down on Cryptocurrency Binary Trading

    | 2018/02/22 5:30 pm
  • Popular commodities pundit Dennis Gartman revealed a “sizeable” position in a ‘blockchain company’ whose shares recently plummeted following an expose that revealed multiple red flags.  I Believe in the ‘Technology Behind It’ When asked about investing in Bitcoin in an interview with CNBC back in December, commodities guru Dennis Gartman proclaimed that he’s “not selling any of it” and “not buying any of it” because it is “nonesense.” Gartman, however, took the safe path that

    Dennis Gartman Rekt By Blockchain-Pivot Scam After Calling Bitcoin ‘Nonsense’

    | 2018/02/22 6:00 am
  • While other European countries seek stricter regulations on cryptocurrencies, Spain looks to follow Switzerland’s lead and charge ahead of the curve by proposing crypto-friendly legislation. Spain on the Blockchain Spanish Prime Minister Mariano Rajoy’s People’s Party is ready to throw their full weight behind blockchain technology. The conservative party claims to be preparing crypto-friendly legislation with aims to entice blockchain companies, particularly by including tax breaks. According to Bloomberg, Teodoro Garcia Egea — the lawmaker

    Spain Seeks to Pass Crypto-Friendly Legislation

    | 2018/02/18 11:00 am
  • Since getting crypto rich has become a bit of a thing in recent times, some select properties have gone up for sale while accepting Bitcoin — the dominant cryptocurrency — as a form of payment. Now, two properties have hit the market in San Diego, with price tags that redefine what it means to be ballin’ on Bitcoin. Bitcoin mansions in San Diego, USA Canter Companies, San Diego’s leading financial and advisory investment firm, has

    Multi-Million Dollar Properties Are Selling for Bitcoin in San Diego

    | 2018/02/16 4:00 pm
  • After possibly thousands of investors got burned by arbitrage-trading company Optioment last year, Austrian authorities have asked Interpol to help track down the fraudsters responsible for the Bitcoin scam. Another Bitcoin Scam Burns Buyers European authorities are on the hunt for criminals involved in defrauding thousands of individuals and losing over $100 million worth of investors’ Bitcoin. According to reports, Optioment ran a now-defunct website while holding large-scale events in Austria — in which the

    Optioment Bitcoin Scam Triggers Europe-Wide Manhunt

    | 2018/02/16 10:30 am
  • JPMorgan now recognizes the fantastic potential that a Bitcoin-based ETF can offer. When communicating with its clients about the multiple benefits of such a financial product, the megabank refers to it as the “holy grail for owners and investors.” This proclamation occurs when the total cryptocurrency market cap surpasses JPMorgan’s. The Many Benefits of Bitcoin ETFs Business Insider reports that on February 9, 2018, JPMorgan informed its clients of the benefits that Bitcoin ETFs would

    JPMorgan Proclaims Bitcoin ETFs Are the ‘Holy Grail’

    | 2018/02/14 1:30 am
  • It’s no secret that crypto incubators and hedge funds get access to the best deals because of their inside connections… But, now, for a short time, there is a way for regular investors to ride on the coattails of one of the most connected teams in crypto – right in your brokerage account. In short: The team behind Global Blockchain Technologies (CSE: BLOC; OTC: BLKCF) is the best way to play the crypto boom. The company

    How To Profit From The Recent Bitcoin Bloodbath

    | 2018/02/13 9:00 am
  • Bitcoin futures traders in Hong Kong are turning away from the autonomous territory’s unregulated cryptocurrency exchanges, flocking instead to regulated US markets. Safety First December saw the launch of Bitcoin futures on both the CBOE and CME. Since then, trading volume has steadily increased as traders in Hong Kong turn their backs on their less secure domestic exchanges in favor of regulated US markets. TD Ameritrade CEO Gary Leung claims his is one such firm

    Hong Kong Traders Prefer Regulated US Markets for Bitcoin Futures

    | 2018/02/12 6:30 pm
  • The head of the Chechen Republic, Ramzan Kadyrov, has admitted to buying a fraction of a Bitcoin, stating he is looking forward to following its price. Chechen Leader Buys ‘A Fraction’ of a Bitcoin The head of the Chechen Republic, Ramzan Kadyrov, revealed to the Russian press that he purchased a “fraction” of a bitcoin. He also acknowledged that he is interested in keeping tabs on the cryptocurrency’s progress. “I already said that blockchain technology

    Chechen Republic Leader Admits Buying Bitcoin

    | 2018/02/12 7:00 am
  • Following the fallout from fraudulent Ponzi-scheme Bitconnect’s demise, New Jersey has officially ordered cryptocurrency investment entity Bitstrade to stop offering unregistered and fraudulent securities in the state. New Jersey regulators have uncovered yet another fraudulent cryptocurrency investment company. The announcement comes by way of Attorney General Gurbir S. Grewal and the Division of Consumer Affairs and has been ordered by the Bureau of Securities after an investigation found Bitstrade to be in violation of New

    New Jersey Cracks Down on Fraudulent Bitstrade

    | 2018/02/11 7:00 am
  • The characteristic volatility of the crypto market, especially over the last few weeks, has some investors experiencing feelings of anxiety and worry. A Moscow-based platform hopes to alleviate some of this stress with the launch of their new hotline. Even though Bitcoin is partial to price unpredictability, the last few weeks have been quite tumultuous. Just two months ago, the darling of the cryptocurrency world was riding the $20k wave. In addition, major financial institutions

    Bitcoin Price Uncertainty: Keep Calm and Call this Hotline

    | 2018/02/09 5:30 pm
  • While market purists have traditionally drawn a strong line between the young cryptocurrency market and the traditional stock market, analysts are now having a harder time denying the correlation between the two. Who’s Hurting Who? Some analysts have essentially been pointing their fingers at Bitcoin’s recent decline in price and gloating in what amounts to little more than “I told you so.” However, crypto non-believers have had to take a step back and reevaluate, following

    Did Dow Jones’ Plunge Cause Bitcoin’s Drop – Or Vice Versa?

    | 2018/02/08 11:30 pm
  • Bitcoin has come a long way since the time 10,000 coins were allegedly used to buy a pizza— and if you ask Bitcoin bull Cameron Winklevoss, the gold standard of cryptocurrency still has a long way to go. ‘It’s Actually a Buying Opportunity’ Today, one Bitcoin is worth just over $8,000 USD. But according to Cameron Winklevoss, investors can expect it to go up 40x “someday.” Cameron made the bold prediction on Wednesday this week to

    Cameron Winklevoss Predicts 40x Increase for Bitcoin ‘Someday’

    | 2018/02/08 9:00 am
  • When it comes to investing among millennials, traditional stocks take a back seat to Bitcoin and other cryptocurrencies. A Lack of Trust in Wall Street While many older individuals see the volatile cryptocurrency market as proving too wild for their taste, millennials prefer to put their money in Bitcoin and alternative cryptocurrencies (altcoins) – as opposed to established stocks and bonds. As is the case with this writer, many millennials have become disillusioned with the

    Millennials Much More Interested in Cryptocurrencies, Couldn’t Care Less About Stocks

    | 2018/02/07 9:30 pm
  • The Crown Prince of Liechtenstein, a tiny country in central Europe, has expressed interest in investing in alternate asset classes, specifically Bitcoin. Crown Prince Eyes King of Crypto Nestled between Switzerland and Austria, Liechtenstein is a German-speaking micro-state headed by the Price of Liechtenstein, but most of the actual power is held by his son Crown Prince Alois. During the aftermath of the World War II, the once great family was forced to sell their

    This European Royal Family is Looking to Invest in Bitcoin

    | 2018/02/07 9:00 am
  • The US Securities and Exchange Commission (SEC) continues to drag their feet on approving Bitcoin ETFs, disappointing crypto enthusiasts and investors. While the world may have seemed to have gone Bitcoin crazy over the last year, the US Securities and Exchange Commission still has not. Many crypto enthusiasts were hoping that the launch of several Bitcoin trading futures would lead to the approval of ETFs, but such hopes have been in vain. The SEC is

    SEC Continues to Drag Their Feet on Bitcoin ETFs

    | 2018/02/05 7:00 am