The market has had to wait 8 months longer than originally anticipated, but beginning in September, Bakkt will be launching with physically-backed Bitcoin futures. While there are already other cryptocurrency futures and derivatives on the market, what makes this so significant for the market is the nature in which contracts will be settled. Learn more here.
Image by Marco Verch / CC BY 2.0 Crypto trading has been a lucrative source of income for some, but do you know that it can cause tax liabilities as well? In order to ensure that you get to pay as little tax as possible, you need to plan ahead and prepare. Otherwise, you might…
As various economies around the world have been thrust into tumult in the last week, the asset known for its volatility appears to be adopting a new role as a safe haven. As Bitcoin’s evolution continues, could this open the door to greater acceptance and adoption among the general public around the globe? Read more here.
As Bitcoin begins another ascent in price, seemingly no two analysts can agree on why it’s surging. Is it China? The upcoming Brexit? Could it even be Walmart? Here, we lay out the most prominent of rationales and ask: What do you think?
In proposing to restrict large transactions with its currency, the nation’s treasury department is following the lead of many other nations around the world. Yet the move highlights one big thing that’s wrong with fiat currency, and one big thing about crypto that gives it a significant advantage.
Try try try as hard as it might, China is facing an uphill battle in suppressing use of Bitcoin and other crypto by its citizens. In fact, there’s an odd way that their efforts could backfire and send crypto soaring further. Find out how here.
The International Monetary Fund (IMF) has released a new report which suggests that cash could be replaced by digital currencies, including e-money and stablecoins, observes Coindesk. The paper, aptly dubbed “The Rise of Digital Money“, reiterated the idea of various analysts who noted that banks may find themselves competing with tech companies who are making…
Once fiat currencies become shaky and the global economy sends off warning signals, it doesn’t take long for investors to flock to safe haven assets in order to preserve their wealth. And while the mainstream interpretation of safe haven assets has seemingly been set in stone, the roster appears to be primed for a new…
Bitcoin and other cryptocurrencies are often cited as some of the most volatile assets, and with good reason. Few assets can claim to have experienced a rise as sharp as that of 2017, a bearish run as severe as that of 2018, and as stellar of a rebound as the crypto market has seen in the last three months…
Bitcoin’s turnaround this year has raised even the most bearish of eyebrows. After a doom-calling 2018 that saw the top coin sink to a low of about $3,200 from a high of nearly $20,000, some saw the latter figure, from December 2017, as a one-and-done deal, or an unsustainable bubble. Over the past three months,…
