Tag Archives: Bitcoin Businesses

NASDAQ, Fidelity Invest in New Cryptocurrency Exchange

New cryptocurrency exchange has reportedly raised $27.5 million from investors which include NASDAQ Ventures and Fidelity Investments. The platform will offer cryptocurrency trading on spot and future markets starting next year.  Nevermind the Bear Market Seemingly unphased by the current bleeding conditions of the cryptocurrency market, Fidelity Investments and NASDAQ Ventures have reportedly taken part in a funding… Read More »

Bitmain IPO in ‘Death Spiral’? Rumors Of $740M Q3 Loss as Bitcoin Cash Crashes

Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s Worst Quarter? Originally reported by the Twitter account known as BTCKING555 December 3, the author of which almost exclusively tweets about Bitmain, unreleased quarterly earnings data for Q3 2018… Read More »

Bitcoin, Blockchain Jobs Openings Are Booming Hitting 18-Month High

The Bitcoin and Blockchain jobs industry is booming despite price deflation, a new survey from Glassdoor has revealed. 1775 Bitcoin, Blockchain Jobs In August The findings, which originally appeared in mid-October, covered an 18-month period from April 2017 through August 2018. In that time, the number of job openings “related” to both Bitcoin and Blockchain grew almost every… Read More »

Bitcoin Will ‘Unequivocally’ Survive, Says NYSE Chairman

Jeff Sprecher, Chairman of the New York Stock Exchange, stated his belief in the future existence of bitcoin and cryptocurrencies. Answering the question, ‘Will digital assets survive?’ he said, “The unequivocal answer is ‘Yes’.” In Need of Reassurance Following yesterday’s news that Allianz’s Chief Economic Adviser is vouching for the longevity of bitcoin, NYSE Chairman, Sprecher, has stepped… Read More »

Canada’s Leading Jewelry Brand Birks Group Now Accepts Bitcoin

Canada’s largest jewelry brand Birks Group will reportedly allow its users to pay for their products with Bitcoin as the company enters into a partnership with BitPay. Canada Sees Continuous Adoption Regardless of the recent declines in the cryptocurrency market, Bitcoin’s widespread adoption continues. In an official press release, Birks Group – Canada’s leading luxury fine jewelry brand,… Read More »

First Bitcoin ATM Installed in ECB’s Own Backyard

Germany has just got its second Bitcoin ATM in Frankfurt, home of the European Central Bank, as the total worldwide machine count hits 4000 for the first time. Bitcoin ATM Arrives in Frankfurt As local media reported November 23, Bitcoin-Store Frankfurt in Germany’s financial center and home of the European Central Bank (ECB) is now home to one… Read More »

Bitcoin ETF May Not Pass Due to ‘Risk of Manipulation,’ Says SEC Chairman

The head of the US Securities and Exchange Commission Jay Clayton holds that the lack of safeguards for investors might roadblock the approval of a Bitcoin ETF.  The Same Old Song Speaking at New York’s Consensus: Invest 2018, SEC’s Chairman Jay Clayton outlined the risks associated with Bitcoin trading and the supposed lack of investor protection. What investors… Read More »

Venture Capitalist Tim Draper Holds Strong to Bitcoin as Dominance Rises

Despite the tumbling state of the crypto market and the sharp decrease in Bitcoin price, venture capitalist and permabull Tim Draper remains overly positive on the future of cryptocurrencies. Meanwhile, Bitcoin’s dominance has been increasing since the first week of November. Draper: Clinging to Old Currencies Is a Mistake Speaking to Mike Green of Thiel Macro on the… Read More »

Vinny Lingham Warns Of ‘At Least’ 3-6 Months Of Bitcoin Price Under $5K

Civic CEO Vinny Lingham forecast the Bitcoin price to remain below $5000 for at least three to six months this week as sentiment throughout the industry takes a beating. $3K Bitcoin Price ‘Could Go’ Speaking in an interview with CNBC November 26, Lingham, whose Civic 00 raised $33 million in an ICO last year but now trades below… Read More »

Ethereum Futures? Bakkt Hints It’s Open To Altcoins

Intercontinental Exchange’s delayed cryptocurrency “regulated ecosystem” Bakkt is already mulling the future addition of altcoins, the company hinted November 23. Bakkt: We’ll ‘Consider’ Non-Bitcoin Contracts In a tweet, executives said they would take into account “customer feedback” as a major motivating force when deciding which cryptocurrencies to support in addition to Bitcoin. Bakkt had eyed December 12 as… Read More »