Wealth Manager Canaccord: Bitcoin ETF Approval More Likely in 2019
A long-awaited approval on a bitcoin exchange-traded fund (ETF) may not come until 2019.
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Making Bitcoin a Strategic Reserve Asset Contradicts ‘Freedom From Government’ Narrative, Says WSJ
Former president Donald Trump's alleged plan to make bitcoin a strategic reserve asset doesn't align with crypto's values, the editorial board of the Wall Street Journal wrote. Trump said at the Bitcoin Conference in Nashville last week that bitcoin stands for freedom and independence from the government, among other things, but that view doesn't align

Deutsche Telekom, Alibaba Cloud, Citi Join Hyperledger Blockchain Project
news Blockchain consortium Hyperledger is continuing its rapid expansion by adding 16 new members. Some 16 new members were announced Wednesday at the Hyperledger Global Forum in Basel, Switzerland, including cloud computing firm Alibaba Cloud, a subsidiary of the global conglomerate; financial services giant Citigroup and its Citi Ventures arm; trade finance blockchain platform We.Trade; and…

Bitmain Is Going Public, But What Type of Investment Is It Anyway?
Noelle Acheson is a veteran of company analysis and member of CoinDesk's product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. Last week, CoinDesk was first to give its readers a glimpse at the…

Fidelity Digital Assets Opens to All Qualified Investors
news Fidelity Digital Asset Services (FDAS) is “now engaged in a full rollout” of its custody and trading services, expanding from the limited trial users in the platform’s final test stage, according to a Financial Times interview. The business had initially been expected to be open in the first quarter of 2019. In an interview with Fidelity Investments…

Bloomberg and Better Markets Are Wrong About Crypto
In recent op-eds, Bloomberg and Better Markets both weigh in against the crypto industry giving to candidates for office they believe would support efforts on behalf of digital assets. Leaving aside their First Amendment rights to do so, as a former Democratic Commissioner at the CFTC and now involved in regulatory compliance issues, I feel

HayCoin Price Climbs to $5.5M Per Token as Long-Term Holder Destroys 51 HAY
The price of the first-ever tokens floated on the decentralized exchange Uniswap climbed to $5.5 million apiece Thursday morning, shortly after a long-term holder burned a significant number.HayCoin (HAY), which then dropped back to $3 million, now has just 4.35 tokens in circulating supply spread among 5,800 holders, data from DEXTools show. They currently have

JPMorgan Analyst Criticizes Coinbase’s Lack of Insights Into Its ETF Business
Even though the launch of the ten spot bitcoin (BTC) exchange-traded funds (ETFs) contributed to Coinbase’s better-than-expected fourth-quarter earnings, analyst at J.P. Morgan is skeptical if the benefits are as strong as the exchange makes them seem.“Management touted its involvement in the U.S. spot Bitcoin ETF as a net positive, but we’re still uncertain of

SpankChain Says Hacker Returned Stolen Crypto Funds
NEWS Oct 12, 2018 at 01:45 UTC A hacker who stole 165.38 ETH from the SpankChain platform has returned the funds. The payment platform focused on the adult industry announced Thursday that the hacker, who stole the funds from the platform last weekend, shared the private key for the wallet holding the ETH after speaking…