Bitcoin

MrBitcoin August 4, 2018

A New York Stock Exchange (NYSE) trader told to Yahoo Finance in an interview Aug. 3, that at the moment Bitcoin (BTC) is “very iffy” following the launch of a new regulated BTC exchange Bakkt by the Intercontinental Exhange (ICE), the parent company of NYSE. Alan Valdes, a senior partner at international advisory firm Silverbear […]

MrBitcoin August 3, 2018

The crypto industry has received another boost with the entry of financial services giant Northern Trust in a quiet but significant move. The firm, which manages over $10.7 trillion in assets, has added blockchain features into its private equity workflow, while extending its administration services to a select group of hedge funds betting on digital […]

MrBitcoin August 2, 2018

A fifteen-year-old has claimed to have successfully compromised the “unhackable” Bitfi hardware wallet endorsed by John McAfee. ‘Bullshit Walks’? In a Twitter exchange August 1, Saleem Rashid, who rose to prominence online after uncovering a vulnerability in hardware wallet Ledger in March, defied claims by Bitfi that its product boasted indestructible security. The event follows […]

MrBitcoin July 31, 2018

Cryptocurrencies are not exactly bathed in the light of righteousness right now when it comes to the environment. Despite not having a physical form, they are ultimately responsible for a substantial amount of environmental impact. This has stemmed from news stories detailing how, in Iceland, more electricity is being used to mine Bitcoin than is […]

MrBitcoin July 29, 2018

After five long months of working with South Carolina officials, Genesis Mining has been dropped from the cease and desist order it received back in March 2018 from the South Carolina Securities Division. The company will relaunch to U.S.-based customers shortly. This marks one of the first times a blockchain company has fought back against […]

MrBitcoin July 27, 2018

Following the US Securities and Exchange Commission’s (SEC) decision to deny the Winklevoss’s Bitcoin ETF application, investors in the cryptocurrency market panicked, taking the bitcoin price below the $8,000 threshold. The decision, which was first reported by CNBC, stems from a publicly released document that explains their decision to deny the application. The SEC’s Reasoning on the […]

MrBitcoin July 26, 2018

The U.S. Securities and Exchange Commission (SEC) has postponed the review of Bitcoin ETFs proposed by investment firm Direxion Asset Management, as it needs more time to study the proposal before reaching a final decision. In the July 24, 2018, edition of the Federal Register, the SEC said it was postponing its decision on the […]

MrBitcoin July 25, 2018

This Bitcoin price surge is not like the rest: that’s according to Mati Greenspan, who this week produced new evidence of Bitcoin’s solid underlying health. Interest ‘Not Just On Futures And Exchanges’ In a series of tweets Tuesday and Wednesday, the eToro senior market analyst and cryptocurrency commentator placed the spotlight on tight exchange spreads, […]