$30M Shanghai-Based Cryptocurrency Trading Fund to Launch in Early 2019
Shanghai-based digital asset management company is reportedly set to launch a new cryptocurrency trading fund in partnership with an unnamed...
Bitcoin Investment
Bitcoin is emerging as solid investment through its status as a store of value. Many have escribed BTC as digital gold and with its limited supply and decentralized nature it is rapidly living up to that nature. Bitcoin investments should not be taken lightly as the asset remains very volatile with wild swings in price on choppy markets. In its ten year history bitcoin has proven to be one of the best investments, multiplying in value over hundreds of times since its inception. In the first half of 2019 bitcoin investments outperformed traditional investments such as oil, stocks, gold, real estate and commodities by a clear margin. There are a few things to be aware of before you make a bitcoin investment and Bitcoinist will be there to sort the digital wheat from the chaff so that you can make the most informed decision. There are several ways to invest in bitcoin, buying the asset directly through a crypto exchange is probably the easiest. Alternatives include futures contracts which do not hold BTC directly but offer a contract on the future price of the asset.
Bitcoin Has Netted 0.347% Profit Per Day For Holders Since 2011
Despite the decline of Bitcoin throughout the entirety of 2018, the world’s leading cryptocurrency’s daily average profit of 0.347 percent...
Bakkt Launch Next Month May Not End Bear Market
Intercontinental Exchange’s “regulated ecosystem” for Bakkt should launch December 12, but “lingering concerns” remain, industry figures warn this week. 'Lingering...
The Fed’s Looming Interest Rate Hike Could Hit Cryptocurrencies Hard
A rising interest rate environment courtesy of the Federal Reserve could hit deflationary cryptocurrencies hard, according to Robert Leshner, who...
Goldman Sachs Onboarding Clients for Bitcoin Derivatives, Insiders Say
Inside sources say Goldman Sachs is already onboarding some of its clients to trade on its Bitcoin derivatives, non-deliverable forward...
Fidelity Won’t Build Its Own Exchange, Focused on Bitcoin Custody, Exec Confirms
Tom Jessop, President of Fidelity Digital Asset Services says that the asset manager will take crypto to the next level...
LocalBitcoins Volumes Are Dominated by Russia and Venezuela, New Data Finds
LocalBitcoins is a good yardstick for measuring bitcoin usage on a country by country basis. A new analysis in The...
5 Reasons Why Fidelity Embracing Cryptocurrency is a Big Deal
LALA World CEO and Founder, Sankalp Shangari, shared his top 5 implications of the announcement. What the Fidelity News Means...
