It’s official, Bitcoin has been named Investopedia’s 2017 “Term of the Year.“ Anyone familiar with the digital currency might not find this news surprising, as Bitcoin’s rapid rise has been the talk of even those outlets and institutions who have previously taken a lukewarm approach to it. Bitcoin beat out various other trending searches, such…
As Bitcoin continues to establish itself among investors, companies around the world are experimenting with the idea of offering their employees payment in the form of Bitcoin. One of them is Japanese web hosting company GMO Internet, which recently gave its employees the choice of converting part of their salary to Bitcoin. The offer is…
Although Bitcoin futures have barely landed on the market, the U.S. Securities and Exchange Commission’s real-time filing system EDGAR shows that two companies are looking for approval to launch their Bitcoin ETFs. REX and VanEck submitted their applications early this week. Should the SEC grant its stamp of approval, neither REX nor VanEck will need…
Few asset classes can boast of having experienced a rise as sudden and meteoric as that of Bitcoin. After launching in 2010, the digital currency didn’t reach $1,000 until early 2017, as the world was growing accustomed to the idea of a decentralized digital currency. Yet in this year alone, the cryptocurrency has soared. It…
