The value of Bitcoin stood at US $ 16,611 as of December 20th, whereas it was around US $ 1,000 in January 2017. This phenomenal rise in the value of Bitcoin has also triggered other surprising events in the marketplace.…
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New York Stock Exchange(NYSE) Plans to List Bitcoin Futures
Bitcoin ETF has taken another bold step earlier today as the New York Stock Exchange (NYSE) became the latest platform to show interest in the digital currency. The NYSE filed with the security exchange commission SEC to list funds that…
More than 2000 Accredited Investors pour over $100 million to Overstock’s TZERO ICO the first day
By Guest Author Overstock.com on Monday launched the largest ICO yet as investors poured a $100 million into the initial coin offering. The CEO of the company Patrick Byrne during an interview with Yahoo Finance on Monday announced the launch…
Bank of America owns an impressive Patent for Cryptocurrency Exchange System
Nowadays the price of Bitcoin is touching new heights every hour, so the trader and cryptocurrency exchange platforms are adopting new innovative ways to provide safe and secure service to their customers. In this order Bank of America has owned…
Cryptocurrency Market Cap surges more than Jamie Dimon’s JP Morgan Chase this week
Jamie Dimon has become the center stage for comedy lately after he mentioned Bitcoin as Fraud. Although it shows his ignorance towards an entire ecosystem, today the crypto market cap has surpassed Dimon’s JP Morgan Chase market cap of 365 billion.…
Bitcoin to be outlawed according to Nobel Prize winning economist Joseph Stiglitz
Joseph Stiglitz, Nobel Prize-winning economist and professor at Colombia University claimed that bitcoin “ought to be outlawed” in a Bloomberg Television interview last week. He stated: “It seems to me it ought to be outlawed. It doesn’t serve any socially useful function.”…
PwC Hong Kong starts accepting Bitcoin where as US PwC shows reluctance
PwC Hong Kong becomes the first accounting firm to accept bitcoin as a form of payment while the US PwC side still had shown its reluctance to support Bitcoin till the end of October 2017. As more and more startups…
Bitcoin hits Wall Street with a Bang via CME group
CME Group, the world’s largest traders of futures exchange and options has set a date to start trading BTC futures starting December 18th. While CBOE Futures Exchange has not yet provided a date yet. The Commodity Futures Trading Commission (CFTC)…