New Vanguard CEO: "We will not be launching crypto ETFs."
Vanguard is the second largest ETF issuer after Blackrock.
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3 Reasons Why Bloomberg Calling Bitcoin a ‘Resting Bull’ Is Inaccurate
Bloomberg senior commodities strategist Mike McGlone recently released a midyear crypto outlook, which states that Bitcoin volatility should continue to decrease as the asset behaves more like gold. The report also says that primary demand and adoption indicators remain positive.The report concludes that Bitcoin is set for a breakout with a target at the $13,000…
Thanks to Ethereum, ‘altcoin’ is no longer a slur
Altcoin originally meant “Bitcoin alternative” because, in the early stages of cryptocurrency development, every blockchain-based currency was seen as a sort of Bitcoin (BTC) knockoff. Cryptocurrencies back then were mainly used for payments, such as Litecoin (LTC), XRP (XRP) and Peercoin (PPC). Altcoin was used as a catchall term for cryptocurrencies other than Bitcoin. That’s changed…
‘I’m not leaving’ — Megaupload’s Kim Dotcom to fight US extradition
“I love New Zealand. I’m not leaving,” said Bitcache and Megaupload founder Kim Dotcom on X after the New Zealand Justice Minister signed off on a United States extradition order.
Kenyan Gov’t to Use Blockchain in New Affordable Housing Project
Kenya’s government plans to deploy blockchain technology to manage a government housing project of 500,000 units, Kenyan news outlet the Star reported Oct. 15.Within the affordable housing program the government of Kenya reportedly aims to build 500,000 units by 2022, and assist contributors earning less than 100,000 Kenyan Shillings ($992) as they cannot afford mortgages.…
Trading platform eToro launches Staking-as-a-service feature
Users automatically receive rewards on some of their crypto positions. The eToro trading platform announced on Thursday the launch of a dedicated staking service for its clients, letting users earn staking rewards from Cardano (ADA) and Tron (TRX).Users who hold positions in either of these currencies will be eligible for staking rewards, awarded monthly. The…
Citrix Survey: More Than Half of UK Companies Hit by Cryptojacking Malware at Some Point
As much as 59 percent of U.K. companies have been affected by cryptojacking malware at some point. Roughly half of those cases took place in the previous month, news outlet Internet of Business reports August 15, citing a research commissioned by Citrix. According to Internet of Business, the research, commissioned by software company Citrix and…
UK Advertising Watchdog Upholds Complaint Against BitMEX Bitcoin Ad
The United Kingdom’s Advertising Standards Authority (ASA) has upheld its complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX.According to an ASA announcement dated Aug. 14, the watchdog has taken issue with the purportedly misleading nature of a graph showing Bitcoin (BTC) price performance in a newspaper ad from January of this year.ASA…
100 years ago, Henry Ford proposed ‘energy currency’ to replace gold
Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period. 458 Total views 6 Total shares In 1921, American industrialist Henry Ford proposed the creation of an “energy currency” that could form the basis of a new monetary system — offering striking similarities to the…