Bitcoin should be treated as a commodity, like gold: Cantor Fitzgerald CEO

Investment marketplaces — particularly the volatile cryptocurrency market — move at lightning speed and operate around the clock. It’s not surprising that crypto traders would consider leveraging trading bots, which can monitor the market 24/7, analyze ever-inflowing and changing data and follow established instructions to automatically buy and sell crypto. Bots don’t need sleep and

In the United States, the state of Wyoming passed a bill that will allow for cryptocurrencies to be recognized as money on Jan. 31, according to the state legislature website.On Jan. 18, Wyoming legislation presented the bill, which would help to clarify the classification of cryptocurrency.As reported by Cointelegraph earlier this month, the bill will…

A recent license amendment from the CFTC greenlit ErisX's expansion into trading product offerings on other commodities. 2151 Total views 25 Total shares The Commodity Futures Trading Commission, or CFTC, recently approved a license modification for ErisX's clearing house. The license amendment allows ErisX freedom to offer more trading products. "The significance of the Amended Order is…

Thursday Oct. 31 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) has been trading sideways for the better part of the day and continues to circle around the $9,100 price mark. The coin bounced off a local low…

The price of Bitcoin (BTC) rose by 2% in just 30 minutes right as the United States' stock market rang its opening bell on Nov. 3. During pre-market, the Dow Jones surged by over 350 points as the U.S. election day triggered massive volatility.The four reasons that likely led to a Bitcoin uptrend in such…

Dutch company GUTS has come up with a novel blockchain-based system for managing crowds in public places to minimize risks as pandemic restrictions are eased. 1566 Total views 27 Total shares As more and more countries seek to ease strict lockdown restrictions, challenges lie ahead managing social distancing in public places to mitigate the risks…

The Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country, according to an announcement by the Iran Chamber of Commerce, Industries, Mines and Agriculture on July 22.Iran’s Economic Commission approves crypto mining ‘mechanism’Governor of the Central Bank of Iran (CBI), Abdolnaser Hemmati said that “a mechanism to mine digital coins…

The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it's better to “let these things play out.” 86 Total views 6 Total shares Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play…

The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power. 868 Total views 20 Total shares The overall power consumption of the Bitcoin (BTC) network recorded a drastic drop after mimicking the two-week-long fall in the mining hash rate, which…