• Wall Street investment bank Goldman Sachs has appeared to confirm it will offer Bitcoin trading. Goldman Exec: Bitcoin ‘Is Not A Fraud’ Speaking to the New York Times May 2, Goldman executive Rana Yared said that after being “inundated” by client requests, the bank had decided that Bitcoin “is not a fraud.” “It resonates with us when a client says, ‘I want to hold Bitcoin or Bitcoin futures because I think it is an alternate

    Goldman Sachs Will Trade Bitcoin, Bitcoin Futures Coming ‘Within Weeks’

    | 2018/05/03 11:00 am
  • Coinbase is starting to offer over-the-counter (OTC) crypto trading services to clients. No official word has been provided by Coinbase yet, but a few unnamed sources who spoke Business Insider confirmed the move. This development is yet another attempt by the burgeoning startup to establish itself as a significant player in the financial market. Coinbase GDAX to Support OTC Crypto Block Trades Coinbase created the GDAX platform for institutional investors in 2014. With this new

    Coinbase Set to Offer OTC Crypto Trading Desk to Big Investors

    | 2018/05/02 5:00 pm
  • SEC Commissioner, Robert Jackson says that the commission’s number one priority is consumer protection for crypto investors. He made this known in a CNBC interview on April 30. Commissioner Jackson also aired his views on the crypto market, saying it is “full of troubling developments.” Protecting Crypto Investors from Fraudulent ICOs The SEC Commissioner believes that people find it difficult separating viable investments from fraudulent ones in the crypto space. He also spoke about ICOs,

    SEC Commissioner Says Crypto Fraud Protection is Priority Number One

    | 2018/05/02 9:00 am
  • Founders Fund, a VC firm backed by billionaire Peter Thiel has invested in a Tagomi System, a new startup that helps big investors trade bitcoin. Greg Tusar, the former electronic trading chief at Goldman Sachs is reported to be one of the startup’s co-founders. Simplifying the Trading Process for Institutional Investment Executing large orders in the crypto market is a tedious process. This is due to the fragmented nature of the cryptocurrency market. There are numerous

    Peter Thiel Backs Startup That Helps Big Investors Buy Bitcoin

    | 2018/05/01 2:00 pm
  • CFTC Chairman Christophe Giancarlo went on record, saying that Bitcoin, alongside a lot of other cryptocurrencies share elements of different asset classes, regardless of whether it’s a matter of long-term asset or means for payment. Christophe Giancarlo, currently a chairman of the U.S. Commodity Futures Trading Commission (CFTC) shares his take on Bitcoin, saying that the world’s largest cryptocurrency is part currency, part security, and part digital coin. In what’s undoubtedly a positive sentiment towards

    CFTC Chairman: Bitcoin Suited for ‘Long-Term Buy and Hold Strategy’

    | 2018/05/01 11:00 am
  • The cryptocurrency market is shifting into a higher gear as influential investors’ money is about to enter and play a key role in the cryptocurrency industry. Indeed, the growing interest of financial institutions in trading Bitcoin is transforming the cryptocurrency market. Meanwhile, experts are already debating whether retirement plan sponsors should include Bitcoin in 401(k) plans. Big Money Players are Replacing Retail Bitcoin Investors The theory that big financial institutions are reshaping the market is

    Powerful Forces Are Reshaping the Bitcoin Market

    | 2018/05/01 3:00 am
  • Warren Buffett continues to remain notoriously bearish on Bitcoin, claiming those who participate in the market are not investing. ‘That Is Not Investing’ In an exclusive interview with Yahoo Finance in Omaha, Nebraska, leading up to Berkshire Hathaway’s annual shareholder meeting, Buffett revealed that his thinking has not changed in regards to Bitcoin and other cryptocurrencies. He stated: There’s two kinds of items that people buy and think they’re investing. One really is investing and

    Warren Buffett: Buying Bitcoin ‘Is Not Investing’

    | 2018/04/29 1:00 pm
  • Searching for someone to convince you that Bitcoin is junk? Look no further than the former CEO of Paypal. ‘Everyone is drinking the Kool-Aid’ Paypal’s former CEO, Bill Harris, remains as bearish as ever on Bitcoin, the gold-standard to digital currencies, telling CNBC‘s “Fast Money:” Everyone is drinking the Kool-Aid. I absolutely believe that money should be digital, is becoming more digital, and will be completely digital but it doesn’t mean we need a new

    Paypal’s Former CEO Says Bitcoin Investors Are ‘Drinking the Kool-Aid’

    | 2018/04/27 1:00 pm
  • Haven’t dipped your toes in Bitcoin’s waters, yet? Well, according to one market analyst, now’s the time to take the plunge. ‘Screaming Buy’ In an interview with Bloomberg Television on Thursday, Pantera Capital Management’s CEO Dan Morehead made some seriously bullish comments in regards to Bitcoin — claiming the gold standard of digital assets “is a screaming buy right now.” Morehead, whose cryptocurrency hedge fund is worth $1 billion, noted that roughly 10 percent of

    Bitcoin ‘Is a Screaming Buy Right Now,’ Says Pantera Capital CEO

    | 2018/04/27 9:00 am
  • Nasdaq CEO Adena Friedman has once again reminded everyone that the cryptocurrency market is legit — too legit to quit, even — as institutional investors have already begun to enter into the future of finance and technology. An Endorsement from Nasdaq Looking for someone to make a case for cryptocurrency’s future? Look no further than Nasdaq CEO Adena Friedman. The major figure in the world of finance explained in an interview with CNBC yesterday: I

    ‘The Most Profitable Market of All Time:’ Nasdaq Endorses Cryptocurrency as Institutions Get Involved

    | 2018/04/27 12:00 am
  • Have you heard? Bitcoin is back — and with it, altcoins have been surging. But what’s driving the renewed bullish sentiment? The Storm is Over As of Wednesday morning, things are looking healthy in the greater cryptocurrency market. At the time of this writing, Bitcoin is currently holding above the $9000 level, while the majority of altcoins — which all enjoyed significant run-ups over the past couple of weeks — are finally experiencing a much-needed

    3 Reasons Why Bitcoin and Its Brethren Are Back

    | 2018/04/26 1:30 am
  • Fundstrat Global Advisors cofounder Tom Lee has revealed traditional finance strongly favors cryptocurrency after a personal survey convinced him “big money” will soon enter the market. Lee: Results Are ‘Leading Indicator’ For Crypto Capital Influx Uploading the results of a questionnaire he delivered to invitees of a small gathering April 23, Lee, who is famous for his positive Bitcoin price outlook, said the “small group” of institutional investors “believe BTC has bottomed.” Attending were a

    82% Of Institutional Investors ‘Believe Bitcoin Has Bottomed,’ Fundstrat Survey Finds

    | 2018/04/25 11:00 am
  • As financial institutions’ interest in trading cryptocurrencies explodes, Andreessen Horowitz is leading a group of influential venture capitalists to protect cryptocurrencies from being classified as securities. Moreover, Horowitz is accelerating the launch of a dedicated crypto asset fund. The Venture Capital Working Group Is Fighting For Cryptocurrencies An increasing number of finance firms are considering joining the crypto bandwagon to start trading Bitcoin and other cryptocurrencies within the next few months. Specifically, a Thompson Reuters

    Andreessen Horowitz Leads the Fight to Prevent SEC From Classifying Bitcoin as Security

    | 2018/04/25 5:30 am
  • Goldman Sachs has had its feelers in the cryptocurrency waters for a while. Now, the Wall Street giant looks set to take the plunge, having just hired a cryptocurrency trader to help the company expand into digital asset markets. High Profile Hire With Bitcoin looking rather bullish once more, Goldman Sachs is getting serious about cryptocurrency. Goldman Sachs has hired former trader Justin Schmidt to head the multinational investment bank’s and financial services company’s digital

    Goldman Sachs Hires Crypto Trader ‘In Response to Client Interest’

    | 2018/04/24 11:00 am
  • Gold has always been the primary standard by which we measure value, thanks to its continued demand as a currency, store of value and speculative asset. However, Bitcoin — often likened to “digital gold” — is causing investors to question gold’s dominance. A New Challenger Emerges Bitcoin’s first true challenge for gold’s throne came when the dominant cryptocurrency surged from under $1,000 to roughly $20,000 in 2017. At the same time, the price of gold

    Investors are Increasingly Choosing Bitcoin Over Gold

    | 2018/04/23 5:30 pm
  • Trading volume for Bitcoin and other cryptocurrencies may be down from its all-time highs, but the action for big-money, over-the-counter traders is starting to pick up. Big Money Movers As signs of life from Bitcoin begin to make waves in the broader cryptocurrency market, the amount of high-volume, off-exchange trades is starting to pick up. Circle’s chief executive, Jeremy Allaire, told Business Insider that Bitcoin trading at the firm’s over-the-counter (OTC) trading desk is heating up,

    Minimum Bitcoin Trade Sizes Double at Goldman Sachs-Backed OTC Trading Desk

    | 2018/04/23 5:30 am
  • Crypto “revolution” has been most evident in the fintech sector but it slowly making inroads in other areas and even artists are beginning to appreciate the benefits that cryptocurrency can bring. A series of articles by Tim Schneider from ArtnetNews pretty much sums up the current state of play in the art world and the digital economy, and I urge anyone who is interested in the topic to review those in greater detail. The author

    How Cryptocurrency and Blockchain Tech are Changing the Art World

    | 2018/04/20 10:30 pm
  • Since Square, Inc. added Bitcoin trading capabilities to its payment app, the value of its stocks has increased spectacularly. Dan Dolev, an analyst at Nomura Instinet, believes this ascending trajectory will most likely continue. As a result, Nomura Instinet raised its Square target price to $65 USD. Bitcoin Makes Square Profitable Dan Dolev predicts a “sizable boost” to Square’s revenues and profits in the first quarter, thanks to Square having added Bitcoin trading features on

    Bitcoin Boosting Square Earnings

    | 2018/04/20 6:30 am
  • Crypto markets are maturing, it remains to be seen how many companies that have raised money by issuing tokens will be alive in the next two years.  For anyone serious about blockchain technology and ICOs, Blockchain Expo Global is a must event to attend and this year, the event has attracted even more visitors than before. Held in London, UK, the event itself is a 2-day exhibition and an opportunity for companies to pitch and

    Blockchain Expo Global – Crypto La La land

    | 2018/04/19 10:30 pm
  • Barclays Plc, a British multinational investment bank and financial services company headquartered in London, has a fairly long history of putting down Bitcoin. Now, the financial institution looks to be changing its tune as it begins gauging its clients’ interest in a potential cryptocurrency trading desk. Asking Around Barclays is the second major investment bank interested in potentially trading cryptocurrencies, following behind New York City-based investment giant Goldman Sachs Group Inc. According to a report from Bloomberg, which

    Barclays Considering Bitcoin Trading Desk

    | 2018/04/19 4:30 am
  • 7% of all the Bitcoin in existence changed hands last week – that’s just one fascinating insight provided by new data showing Bitcoin’s lifelong hodl habits. Charts Depict A History Of HODL Compiled by Bitcoin lending platform Unchained Capital, the analysis of Bitcoin unspent transaction outputs (UTXOs) has produced unique insights into how cryptocurrency investors store or spend their coins. “Since all bitcoin in existence is contained in some UTXO, this means that all bitcoins

    New ‘HODL Waves’ Data Shows 7% Of All Bitcoin Changed Hands Last Week

    | 2018/04/18 12:00 pm
  • As the end of U.S. tax season approaches, Bitcoin bulls believe that the digital currency will finally begin its next run to prices over $20,000. But is it really going to run? The past few months have been rough for cryptocurrency investors, with the cryptocurrency market cap plummeting from a high of $820 billion all the way down to $250 billion. This came after the mainstream media began to pile onto cryptocurrencies in a manner

    Could Bitcoin Be Prepping for Run as U.S. Tax Day Passes?

    | 2018/04/17 8:00 pm
  • In an official International Monetary Fund Blog post yesterday, IMF Managing Director Christine Lagarde showered positive sentiment on the cryptocurrency market, though also cautioned against both “crypto-condemnation” and “crypto-euphoria.” Instead, the French lawyer suggests taking a rational, clear-minded approach towards the regulation of digital assets. ‘A Significant Impact’ The cryptocurrency market is absolutely brimming with fraudulent projects, which will never actually see the light of day. But there are still players that will have an

    IMF’s Lagarde: Bitcoin ‘Could Have a Significant Impact on How We Save’

    | 2018/04/17 12:30 pm