Fintech, Bitcoin and Banking: War, Marriage, or None of the Above?
How is Bitcoin positioned in the current scenario?
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How is Bitcoin positioned in the current scenario?
The price of Bitcoin (BTC) has risen steadily over the past few weeksand reaches his last new high of around USD 57,500 on February 20th. There was more bullish news like that this week first listed company in Germany to move its cash reserves to BTC, just like him Launch of the first Bitcoin ETF…
Major cryptocurrency exchange Huobi Global is expanding in Russia by launching its native mobile app in the country. Users in Russia can now access Huobi’s spot market via their mobile app and trade major cryptocurrencies such as Bitcoin (BTC), the company announced on September 23. When introducing the application in Russia, Huobi wants to expand…
The largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services. RSS Twitter Pinterest Dubai Issues License to Cryptocurrency Firm Also read: Japan Cracks Down on…
Jack Dorsey, chief executive of Twitter and payment company Square, has spoken of his strong belief in the future potential of bitcoin. In an interview with The Times published Wednesday, Dorsey, himself a noted bitcoin investor, said he believes the cryptocurrency will take over the U.S. dollar’s dominant place in world finance and become the…
Nicolas Maduro, the president of Venezuela, has said the pre-sale of the country’s proposed cryptocurrency – the “petro” – will launch next month. Signing the petro white paper on Tuesday, Maduro stated that the initial sale of the token will commence on Feb. 20th. President Maduro also revealed that plans are being drawn up to…
Investments in exchange-traded funds (ETFs) broke all records last year, boasting assets under management of $3.4 trillion USD. In this regard, a Bitcoin-based ETF managed by ARK Investment Management LLC became the best-performing ETF of 2017, delivering gains of over 87 percent. In parallel, more investment institutions are rushing petitions to the U.S. Securities and…