The VP of blockchain and digital currencies for IBM, Jesse Lund, has said that he expects Bitcoin to hit $1 million eventually. The vice president of blockchain and digital currencies for IBM, Jesse Lund, said that he expects Bitcoin’s (BTC) price to eventually hit $1 million. Lund made his prediction during an interview with comparison […]
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Institutional cryptocurrency investment services firm BitGo is planning to add support for Tron. Institutional-grade cryptocurrency investment services firm BitGo will provide wallet and custody support for cryptocurrency Tron (TRX), according to a press release shared with Cointelegraph on Feb. 20. Per the release, BitGo will add support for TRX later this year, making it available […]
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Germany is consulting companies and industry groups that could become stakeholders in the country’s blockchain development. The German government is consulting companies and industry groups that could become stakeholders in the country’s blockchain development, Reuters reports on Feb. 18. The unnamed companies and groups have reportedly been invited to supply recommendations from this week onwards. […]
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CFTC commissioner Brian Quintenz suggested that participants in the crypto industry should create a self-regulatory structure. United States Commodity and Futures Trading Commission (CFTC) commissioner Brian Quintenz has suggested that participants in the cryptocurrency industry should create a self-regulatory structure. Quintenz made his remarks during a Bipartisan Policy Center panel held on Feb. 12. More […]
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Chicago-based crypto exchange ErisX has filed a comment letter outlining the benefits of introducing regulated Ethereum futures contracts. Chicago-based crypto exchange ErisX has filed a comment letter with the United States Commodity Futures Trading Commission (CFTC) in response to the agency’s request for feedback on Ethereum (ETH)’s mechanics and market. The letter, submitted on Feb. […]
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Brian Quintenz, a Commissioner at the U.S. CFTC, has argued against the notion that potential price manipulation should be a barrier to the SEC’s approval of a Bitcoin ETF. Brian Quintenz, a Commissioner at the United States Commodity Futures Trading Commission (CFTC), has argued against the Securities and Exchange Commission’s (SEC) grounds for not approving […]
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A look into the QuadrigaCX case. For the second week, QuadrigaCX’s crisis remains one of the hottest topics in the crypto world. After the CEO of the Canadian exchange, 30-year-old Geral Cotten, suddenly died, the exchange has allegedly lost access to its cold wallets, where as much as 190 million Canadian dollars ($145 million) in […]
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The world’s biggest crypto exchanges are launching OTC desks for institutional investors. Institutional investment is increasingly being seen as the future of crypto trading, with both Binance and Bittrex launching their own dedicated over-the-counter (OTC) desks in January. The desk launches come after Morgan Stanley published a bullish report in November, showing a strong pattern of institutional investment […]
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The mystery around embattled crypto exchange QuadrigaCX deepens, and Facebook acquires a blockchain startup. Top Stories This Week Facebook Reportedly Acquires Blockchain Startup in First Blockchain-Related Acquisition Social media network Facebook has reportedly acquired blockchain startup Chainspace in its first apparent blockchain-related acquisition. According to news outlet Cheddar, the acquisition is considered an “acquihire,” or […]
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A forthcoming interview with a U.S. securities representative sees possible positive news about the future of a Bitcoin ETF. A Bitcoin (BTC) exchange-traded fund (ETF) will most likely ultimately gain approval from the United States securities regulator, according to a commissioner. The comments were reported by political journal Congressional Quarterly in a forthcoming interview leaked […]
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