73-Year-Old Investor Marc Faber Makes First Ever BTC Purchase

In a recent interview with Cash, renowned stock market analyst and investor Marc Faber revealed that he purchased BTC for the first time during late February. The 73-year-old noted that a conversation with the chief executive officer of Xapo, Wences Casares, sealed the deal. Also Read: Up & Down: Large Volume for Today’s Gainers, ENJ … Read more

Invesco Blockchain ETF Trading Commences on London Stock Exchange

Invesco, an American investment management company that is traded on the S&P 500, has launched an exchange-traded fund (ETF) targeting companies operating in the distributed ledger technology sector. The blockchain ETF will track nearly 50 companies that stand to benefit from growth in the distributed ledger technology industry including Taiwan Semiconductor Manufacturing Company and Apple. … Read more

Swiss Stock Exchange Launches Trading for ETH ETP

Switzerland’s SIX stock exchange has announced the launch of an ETH exchanged-traded product. March 5 comprised the first trading day for the ETP, which is backed by Swiss company Amun AG. The launch comes one month after SIX announced its intention to launch a blockchain-powered exchange during the second half of this year. Also Read: … Read more

50% of Chinese Stock Exchange Companies Investigated Fail to Demonstrate Real Applications for Blockchain

According to Chinese state media, the Shanghai and Shenzhen stock exchanges have carried out investigations into 30 percent of companies listed on their exchanges that are performing operations pertaining to distributed ledger technology (DLT). Of the companies investigated, less than half were able to demonstrate applications for blockchain technology. Also Read: Chatter Report: Vitalik Doesn’t Believe … Read more

Coinbase Valuation Jumps from $1.6 Billion to as High as $8 Billion

The meteoric price rally by bitcoin in 2017 has made a lot of people very rich, and perhaps no one more than the owners of the trading venues themselves. Coinbase, which was valued at around $1.6 billion less than a year ago, is now priced at $8 billion by its investors.   Also Read: Bitcoin … Read more

Ether Capital Shares Commence Trading on Canadian Stock Exchange

The stock of cryptocurrency investment firm, Ether Capital, has commenced trading on Toronto-based NEO Exchange. The listing comes days after the company completed its previously announced “reverse takeover transaction” that saw the company rebrand from Ethereum Capital. Also Read: Mt Gox CEO Mark Karpeles Lands New Job — CTO for Cryptocurrency Firm Ether Capital Shares Commence … Read more

Square Cash Stock Spikes Due to Analyst’s Bitcoin Trading Optimism

Whether the markets were going up or down, one segment of the bitcoin industry has been consistently making serious money, trading venues. This has caused more companies to want to join the party and on the way offer stock investors exposure to the bitcoin ecosystem regardless of what some regulators think. This seems to be … Read more

German Stock Exchange Subsidiary Announces Crypto Trading App Bison

Sowa Labs, a subsidiary of Boerse Stuttgart, Germany’s second-largest stock exchange, has announced a forthcoming cryptocurrency app. The new app, Bison, is expected to be made available in German during Autumn, with an English version expected soon after. Also Read: Russian Court Bans Telegram, Founder Pavel Durov Defiant Boerse Stuttgart Subsidiary Announces Forthcoming App Cryptocurrency Trading … Read more

Chinese Stock Exchanges Crack Down on Companies Falsely Claiming “Blockchain”

It appears that China’s stock exchanges are seeking to prevent companies from issuing misleading information in order to drive hype around blockchain technology – potentially influencing their share price. Also Read: China’s First Central Bank Governor in 15 Years Likes Bitcoin Blockchain Mania Sweeps China’s Stock Exchanges China’s Shenzhen Exchange has announced its intention to crack … Read more

Israeli Crypto Companies Banned From Stock Exchange Indices

In a bid to reduce systemic risk, the Israel Securities Authority has announced that it will not include companies operating in the cryptocurrency industry will not be included in the country’s stock exchange indices. News of the determination has been published alongside a public warning issued that seeks to inform prospective investors of the risks … Read more