Morgan Stanley advisers can officially pitch Bitcoin ETFs

Seven years ago, agents from the United States Federal Bureau of Investigation busted into a San Francisco Public Library to arrest Ross Ulbricht, the mastermind behind the Silk Road. Launched in 2011, the Silk Road was the first modern darknet market where anonymous users could purchase illicit drugs, weapons and other illegal goods using Bitcoin…

Saturday, Oct. 13: crypto markets are seeing mixed price movements, as half of the top 20 coins by market cap have grown on the day.The overall market is relatively stable, with two major cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) seeing changes in value of under 1 percent.Market visualization from Coin360Bitcoin has been fluctuating between $6,200…

California-based asset manager Reality Shares has become the latest competitor in the Bitcoin hedge fund space, an anonymous source told Business Insider August 15. Reality Shares, which became known in the cryptocurrency space this year after launching the first Chinese blockchain ETF in June, has reportedly already attracted $25 million for the fund. Capped at…

Today Cardano (ADA) broke above its 6-month range and now follows the movements of large-cap altcoins like Bitcoin Cash ABC (BCH), Dash (DASH) and Ethereum Classic (ETC). Does this mean that altcoins are entirely out of the woods? Crypto market daily performance. Source: Coin360ADA/BTC breaks above its 6-month trading rangeOver the past 6 months, Cardano has…

United States-based investment giant Charles Schwab is — for now — steering clear of cryptocurrencies, even as rivals such as Fidelity rush to embrace the new sector. Schwab — the U.S.’ largest investment brokerage firm, with $3.2 trillion in assets under management — will not seek to offer direct trading of cryptocurrencies for the foreseeable future,…

The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24. The United States Securities and Exchange Commission (SEC) will present its response to Coinbase’s first legal defense on July 13, according to a court order issued on Thursday, June 29.In a legal…

The City of Seoul becomes the first city in South Korea to confiscate cryptocurrencies owned by tax delinquents. 1589 Total views 13 Total shares The city government of South Korea’s capital Seoul has announced the seizure of cryptocurrencies worth 25 billion won ($22 million) from individuals and company heads.According to a report by The Korea…

Subject to regulatory approval, the asset manager should convert its Bitcoin trust to an ETF starting next week. 1972 Total views 14 Total shares After putting the matter to a vote amongst the unitholders of its Bitcoin trust, Toronto-based investment manager Ninepoint Partners has filed its final prospectus for a Bitcoin exchange-traded fund.According to an…

Bandwidth is the measure of data that can be transferred between two or more devices.  Users who don’t maximize their bandwidth usage are considered ‘wasteful.’ Especially since bandwidth is valuable, and if you don’t use it, you lose it. For example, when paying for a monthly internet plan, a person might pay for speeds of…