NYSE has filed for the permission, to the SEC in the first week of this year for launching five different Bitcoin ETFs. It is for future contracts on the first fully electronic exchange, NYSE Arca. NYSE Arca is presently trading in more than 8,000 exchange-listed securities. It is ranked number
Bitcoin is increasingly making inroad in new sectors day by day. One such is tourism and specifically medical tourism. People are using Bitcoin for their travels, flights, car rentals, and accommodation for quite some time now. Payments by crypto currency in general and Bitcoin in particular, are readily accepted by
Monero was originally launched as BitMonero. It is conjunction of two words, bit and monero (coin in Esperanto) and is coded as XMR. It was founded by a group of seven developers, crowd-funded, and an open source crypto currency which is available in the market. It was launched on 18th
A new cryptocurrency exchange based in Perth will start its operation in the first quarter of this year. The company has raised $750,000 in private funding. The initial trading will be in popular crypto currencies i.e. Bitcoin and Ethereum, led by Mr. Tommy Shin, a former Business New 40under40 winner.
Investing mania through the centuries ranged from tulips to technology stocks to housing. Is Bitcoin different? Bitcoin (BTC) started the year on a strong note and kept up with the momentum going stronger. It created global mania till the year-end. Within a year, it has given astronomical gains with returns
All the currencies of the world are held by their respective financial institutions of the country or cash in hand. But crypto currencies are mostly used outside of present banking and governmental institution and are traded over the internet. There are more than 1372 crypto currencies (as on 31 Dec.
The Chicago-based exchange group has launched bitcoin futures on 10th December 2017 to improve the game for the cryptocurrency. The retail investors and institutions are expecting to have a more extensive platforms to participate in the market. The cross-town rival of the Cboe will begin its market in the following
Bitcoin reached its new all time gigantic high of $10,000. Now, this leading cryptocurrency has a market cap of $160 billion and bitcoin is itself bigger than some of the biggest companies in the world! Bitcoin was not so big in the beginning of the year when its price was
Bitcoin powered to a new high for a consecutive second week. This has fuelled the speculations that it could be a safe haven in the future for investors. The current month has been a happening month in terms of predictions for the world’s largest cryptocurrency with Max Keiser and Ronnie
World’s first and the most popular cryptocurrency is gunning for $10,000. After topping $8,000 it has blown past $9000 in just less than a week. Bitcoin has overlooked each and every kind of hurdle, controversies and disagreements of it not being an asset. Although a number of popular businessmen and