• The advent of cryptocurrencies is triggering the creation of innovative business concepts and new Bitcoin-based financial instruments. Now, Michael Novogratz is starting a merchant bank, to be named Galaxy Digital, which will exclusively serve the cryptocurrency and blockchain space. Merchant Bank Dedicated to Cryptocurrencies to Reshape the Finance World Michael Novogratz, Chairman and Chief Executive Officer of Galaxy Investment Partners, is planning to establish and make public the first merchant bank that will focus on

    Novogratz Will Launch the First Cryptocurrency Merchant Bank

    | 2018/01/10 2:30 pm
  • Erik Finman, the teenage Bitcoin millionaire, plans on creating the ‘world’s best university’ in the city of Dubai to combat outmoded teaching methods. Most of the time when a person decides to head down the path less traveled, it usually ends in disaster. Yet there are times when a person perseveres and then prospers. Such is the case of Erik Finman, the teenage Bitcoin millionaire. He’s only 19, but he’s parlayed his initial Bitcoin investment

    Teenage Bitcoin Millionaire Plans on Building ‘World’s Best University’ in Dubai

    | 2017/12/31 1:00 am
  • Bitcoinist spoke with Bitcoin Core developer Nicolas Dorier who explains why BTCPay is not only a cheaper alternative to BitPay but also provides merchants and users with more control over their funds. What is BTCPay? BTCPay Server is an open-source payment processor that conforms to the invoice API of Bitpay. This allows easy migration of your code base to your own self-hosted payment processor. According to BTCPay, the service would be a good choice for

    BTCPay is a Better (and Cheaper) BitPay, Says Core Developer Nicolas Dorier

    | 2017/12/27 12:30 am
  • Bitcoin.com CTO Emil Oldenburg has claimed he has sold “all” his “unusable” Bitcoin (BTC) for Bitcoin Cash (BCH), also known as BCash. Oldenburg Touts BCash To Mainstream In an interview with Swedish magazine Breakit since reproduced in multiple outlets, Oldenburg called Bitcoin “the most risky investment you can make.” “It is an extremely high risk. I’ve actually sold all my bitcoins recently and switched to bitcoin cash,” he told the publication last week. “…The old

    Media Embraces FUD as Bitcoin.com CTO ‘Sells’ All His Bitcoin

    | 2017/12/19 6:30 am
  • TD Ameritrade, like many other titans of the financial world, is also jumping on the Bitcoin bandwagon. Indeed, the giant securities brokerage services provider will start trading Bitcoin futures when the financial markets open on Monday, December 18, 2017. The Volume of Bitcoin Futures Trading To Surge For some time, Ameritrade had been monitoring whether there were sufficient liquidity and market efficiency for Bitcoin futures. Ameritrade leadership believes that these parameters are now optimal. According

    TD Ameritrade Starts Trading Bitcoin Futures on Monday

    | 2017/12/16 3:30 am
  • A Danish Bitcoin billionaire has signed a sponsorship deal with a Danish ice hockey club, where one player will become the first to receive his salary in Bitcoin only, as the team’s venue will get renamed to Bitcoin Arena. Out With Rungsted, In With Bitcoin As the Swiss crypto platform confirmed Wednesday, Bitcoin Suisse’s Niklas Nikolajsen has entered into a three-year package with Rungsted Seier Capital, replacing previous sponsor, Bitcoin-friendly Saxo Privatbank. “The sponsorship is

    Danish Hockey Player Becomes First Pro Athlete to Get Paid in Bitcoin

    | 2017/12/15 8:00 am
  • Escorted by futures trading contracts, Bitcoin has entered into the circle of mainstream finance. This event was marked by the CBOE Global Markets’ launch of Bitcoin futures contracts, on Sunday, December 10, 2017, opening the door to the cryptocurrency market for institutional investors’ trillions of dollars. Moreover, Bitcoin futures has moved the rollout of Bitcoin ETFs one giant step closer to reality. Bitcoin Futures Could Bring Trillions into the Crypto Market Bitcoin made its debut

    Bitcoin Makes its Grand Entrance onto the Mainstream Stage

    | 2017/12/10 6:00 pm
  • Bitcoin is intrinsically volatile due to many factors. One of them is Bitcoin’s inelastic nature. On top of that, experts now forecast that the upcoming futures trading will further exacerbate Bitcoin’s volatility. As a result, cryptocurrency exchanges are already taking precautionary measures. Bitcoin’s Volatility About to Increase Bitcoin’s price fluctuations are wild. Its price can swing by more than $3,000 USD in just a few hours. Traditionally, volatility is measured by the volatility index, also

    Futures Trading Will Intensify Bitcoin’s Volatility

    | 2017/12/09 8:45 pm
  • Private advertisement listings site Craigslist now allows users to specify they are “OK” with cryptocurrency payments. A ‘Huge’ Step For Exposure Screenshots appearing on social media Thursday confirmed the move, which marks the first formal interaction between the resource and the technology. Craigslist, which ranks top in the world for classified ads according to SimilarWeb and has an Alexa rating of 106, is a “huge” step in support for crypto, community members said in response

    Craigslist Goes Crypto With ‘Cryptocurrency OK’ Button

    | 2017/12/08 7:00 am
  • For the first time in history, gold faces a formidable challenger: Bitcoin. Today, the cryptocurrency surpasses, by many times, the precious metal in value and popularity. Bitcoin Surpasses Gold in Popularity For millennia, humanity has used gold as a medium of exchange and store of value. People have used the precious metal as a long-term investment and as a hedge against market volatility throughout history. And, because of its lustrous sheen, gold is used as

    Bitcoin Trending 3 Times Higher than Gold in Google, 11 Times More Valuable

    | 2017/12/07 1:15 am
  • A strategist at JPMorgan Chase now says that Bitcoin could be a legitimate asset like gold even though CEO Jamie Dimon rips into the cryptocurrency. Will JPMorgan suffer whiplash from this constant back-and-forth? Is there a doctor in the house? We could use one as JPMorgan Chase once again does an about-face concerning Bitcoin, which may lead to a case of whiplash. The banking and financial services giant has a dubious history with the popular

    JPMorgan Suffers Whiplash as They Say Bitcoin Could be the New Gold

    | 2017/12/05 3:00 am
  • Like the Internet a few decades ago, Bitcoin is now becoming one of the greatest job creators. In fact, Bitcoin and blockchain-related job listings are at an all-time high on sites like LinkedIn and Dice. Bitcoin is Disrupting the Job Market The advent of the cryptocurrency is creating incredible new opportunities in finance, business, and industry. As a result, the demand for Bitcoin-related services is growing exponentially, which in turn is driving the creation of

    Demand for Bitcoin Jobs Surging as Price Continues to Climb

    | 2017/12/04 10:30 am
  • In their quest to gain supremacy in the cryptocurrency ecosystem, the Big Four accounting firms (Deloitte, EY, PwC, and KPMG) are focusing their strategies and shaping their services to better respond to their customers’ demands. And, as a testament to Bitcoin’s status as an increasingly mainstream financial asset, PwC is following EY’s lead in accepting payments in Bitcoin. PwC Hong Kong Accepts Bitcoin Bitcoin and its blockchain technology are becoming so pervasive throughout business, finance,

    Two of the Big Four Accounting Firms Now Accept Bitcoin

    | 2017/12/02 9:30 pm
  • Payment network Square has seen the value of its shares jump as a direct response to its Bitcoin integration. Square Shares Up 30% In 30 days After its announcement last week it was giving Bitcoin payments a limited trial for customers, Evercore ISI said the move was a major benefit to the business. “Following our meeting Wednesday with CFO Sarah Friar, we are upgrading Square to outperform,” analyst Rayna Kumar wrote to clients quoted by

    Square Bitcoin Support: Shares Rise as Analysts Laud ‘Ability to Innovate’

    | 2017/11/20 8:00 am
  • Former hedge fund manager turned cryptocurrency investor Mike Novogratz just said he believes institutional investors are only weeks away from adopting Bitcoin and Ethereum en masse. Novogratz also said this Wall Street “migration” will cause crypto prices to surge.  Fortress Investment Group alumni Mike Novogratz once again offered his bullish opinions on the crypto space in new comments from the first day of New York’s Reuters Global 2018 Investment Outlook Summit. “The institutionalization of this space

    Macro Trader Mike Novogratz Says Wall Street Nearing Bitcoin Adoption

    | 2017/11/14 5:00 am
  • Bitcoinist spoke with Cryptograffiti, who runs one of the most popular crypto art design and merchandise companies in the space under the same name. Cryptograffiti reveals what is the most popular design and explains why art is so important in educating the public even in a hi-tech field like Bitcoin.  Bitcoinist: First, do I refer to you as Cryptograffiti or do you have a name? Cryptograffiti (CG): Cryptograffiti works! Bitcoinist: How did you first get into

    ‘You Can Buy a Fraction of a Bitcoin’ Has Started The Most Conversations – Cryptograffiti

    | 2017/11/03 7:00 am
  • Bitcoin’s base of supporters is growing and increasingly pouring money into the cryptocurrency ecosystem. Now, this base is attracting financial giants, who are becoming familiar with Bitcoin’s value and perceiving its fantastic potential. As a result, they are seriously starting to invest in the cryptocurrency. For example, Bill Miller is successfully investing a third of his hedge fund’s capital in Bitcoin. Once a Successful Stock Market Investor, Now a Successful Bitcoin Investor Influential investor Bill

    Big Investors are Making Big Money with Bitcoin

    | 2017/10/29 4:15 pm
  • Apple is internally expanding tests of its new Apple Pay Cash feature, thus further intensifying the battle for the supremacy of the mobile payment ecosystem. Moreover, Bitcoin’s advances and Apple’s latest efforts further underscore the obsolescence of the banking industry. Bitcoin, Apple, and Peer-to-Peer Payment Solutions Apple is enhancing its Apple Pay application by adding the Apple Pay Cash feature to facilitate person-to-person money exchanges. According to Apple’s website: You can make secure purchases in

    In Apple’s Battle for Supremacy in the Payment Ecosystem, Bitcoin Will Win

    | 2017/10/16 1:15 am
  • A Japanese company, GMO Internet Group, is looking to jump into bitcoin mining with new chips that could start a digital arms race. One thing you can say about the subject of bitcoin mining is that it’s never dull. New players and technologies continue to rise up to keep everything interesting. The newest player to venture into bitcoin mining is GMO Internet Group, which is based in Tokyo, Japan. The company has long been associated

    Japanese Company Jumping into Bitcoin Mining Could Start Digital Arms Race

    | 2017/09/08 3:15 pm
  • Popular Russian farm produce chain LavkaLavka has announced accepting Bitcoin from July 17th on their website as well as all of its stores and cafes.  Russian Farm Produce Chain Embraces Bitcoin Moscow-based LavkaLavka has enabled Bitcoin payments at all of their stores, cafes and produce markets.  LavkaLavka is a farmers’ cooperative uniting small and midrange farms across Russia. It delivers fresh, natural, seasonal food produced in Russia – one of the few countries in the

    ‘We’re Ready for the Future’: Russian Farm Co-op Accepts Bitcoin

    | 2017/07/20 6:00 am
  • Blockchain industry executives and experts reveal how blockchain technology can affect our everyday lives ten years from now. How will the blockchain change our everyday lives in 2027? If you’re into crypto, then you’re probably aware of how it is changing your quotidian. For starters, you’re probably checking price charts every so often. But other than that, blockchain technology is slowly creeping into our everyday lives and becoming a vital piece of it. From online

    Industry View: How Will The Blockchain Change Our Lives in 2027?

    | 2017/07/19 10:00 am
  • The increasing number mining pool support for BIP91 and SegWit has pushed bitcoin price upwards as a split seems to have been avoided. Disaster Averted So it looks like disaster averted, or at the very least postponed. We’ve had what seemed like an eternity of discussion, with no sign of a consensus looming. But now it looks like the battle for Bitcoin’s (immediate) future, has been won within hours of the first shots being taken.

    Bitcoin Price Soars as Miners Signal Upgrade to Avoid Schism

    | 2017/07/19 5:00 am
  • BitBike, a P2P bike sharing startup using Bitcoin for payment, is currently looking for votes to determine the first cities for launch. ‘AirBnB’ for Bikes with Bitcoin The aim of the bike hire initiative is for people to both rent their own bike and hire them out to other BitBike members using a mobile phone app. Users will be able to browse bikes that are currently available and the BitBike website promises that there will

    BitBike: This Bitcoin-Powered ‘AirBnB’ for Bicycles Wants Your Vote

    | 2017/07/18 11:00 am