Thailand’s Regulators Allow Bitcoin Futures Trading

Investors in Thailand can now trade bitcoin futures listed on the Chicago Mercantile Exchange and the Chicago Board Options Exchange. The country’s financial authorities say that these instruments should be offered in Thailand and one company is already offering them to their customers. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on … Read more

Aerospace Engineer Uses Bitcoin Cash to Buy $415,000 Home in Seattle

The mainstream adoption of cryptocurrency is continuing on pace in all different business sectors and in many economies across the world. The latest example of this featured in the press is the recent acquisition of a home using bitcoin cash. Also Read: Bitcoin Cash Used to Pay for Music Records, Gift Cards, Plastic Surgery The … Read more

Cryptocurrency Hedge Fund Headed by Ex-Goldman Sachs VP Raises $140 Million

It looks as if Silicon Valley and Wall Street are coming together just to see who can shower cryptocurrency ventures with more money. Also Read: Strong Cryptocurrency CFD Volumes Bring Record Revenues for Plus 500 Blocktower Capital Crypto Hedge Fund Blocktower Capital is a cryptocurrency hedge fund headed by former Goldman Sachs vice president Matthew … Read more

Sessions, the Cole Memo, and PotCoin

Recently, the US Attorney General, Jeff Beauregard Sessions, rescinded Obama-era memos which allowed states that had legalized marijuana (either recreationally, medically, or both) to grow and operate their businesses without too much fear of federal government intervention. While we could talk for hours about this questionable decision from a man who has championed himself as … Read more

Finance ‘Guru’ James Altucher Is Launching a Cryptocurrency Exchange

Lately across the web, mainstream media has been highlighting an individual named James Altucher an American author, hedge fund manager, podcaster, and financial jack-of-all-trades. These days Altucher has been riding the trend of the bitcoin phenomenon, and some people call him a “cryptocurrency guru.” This week, public records show Altucher and his colleagues plan to … Read more

Cryptocurrency Valuations Have Created Very Wealthy Founders

Bitcoin has been on a tear for well over a year now, but a few other cryptocurrencies have increased in value far more than BTC. This past week the two digital assets ripple (XRP) and ethereum (ETH) have spiked in value exponentially, making the founders of these projects some of the wealthiest men in the … Read more

Report Reveals 18% of Investors Buy Bitcoin With Borrowed Money

Just recently the consumer group Lendedu released a report on bitcoin investors who use credit to purchase digital currencies. According to the survey, out of 672 active bitcoin investors polled, 18.15 percent of the participants used a credit card to fund bitcoin purchases. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed Out of 672 … Read more

Visa Veto Leaves Several European Cryptocurrency Cards Locked Out

European cryptocurrency card holders are awakening to discover that their plastic is now worthless. A Visa-led crackdown has seen several crypto card issuers forced to call an end to their services across Europe. Visa subsidiary Wavecrest is being blamed for the withdrawal of service, which affects scores of crypto card issuers including Bitwala, Tenx, Bitpay, … Read more

Strong Cryptocurrency CFD Volumes Bring Record Revenues for Plus 500

The latest trading update from Plus 500 reveals a growing appetite for cryptocurrency exposure among contract-for-difference (CFD) traders. Also Read: Ethereum Over $1000 and $100B Market Cap, BTC Dominance at 32% Record Low Plus Bitcoin, Plus Ripple, Plus500 London Stock Exchange AIM-listed online brokerage Plus 500 (LON: PLUS) has announced it achieved record quarterly revenues … Read more