Day: January 9, 2019

Bitcoin Mining Giant Canaan Looking into a U.S. IPO

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Canaan, the second-biggest maker of Bitcoin mining hardware in China, is considering listing in the U.S. after shelving plans for a Hong Kong initial public offering, Bloomberg reported on January 8, 2019. Listing in the U.S. after Abandoning Hong Kong IPO China’s second-biggest manufacturer of Bitcoin mining hardware is reportedly looking to try its luck in the U.S. after shelving plans for an initial public offering in Hong Kong. Citing people familiar with the matter, Bloomberg reported that Canaan Creative is considering listing in the United States. Sources have also…

Crypto Investor: Bitcoin (BTC) Has Upside Potential Due To Non-Correlated Nature

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Bitcoin Is A Great Diversifier  Bill Miller, the chief of investment at American fund manager Miller Value Partners, recently appeared on CNBC’s “The Exchange” segment to discuss his thoughts on the cryptocurrency industry, along with his investment thesis regarding Bitcoin (BTC). Miller (69), worth purported dozens of millions, explaining that firstly, he doesn’t believe that anybody necessarily “needs” exposure to cryptocurrencies. Tune in today to @CNBC for our new show @CNBCTheExchange with Kelly Evans at 1pmET. We’ll be speaking with value investor Bill Miller, Miller Value Partners CIO — The…

Crypto Investor: Bitcoin Has Upside Potential Due To Non-Correlated Nature

boss

Bitcoin Is A Great Diversifier  Bill Miller, the chief of investment at American fund manager Miller Value Partners, recently appeared on CNBC’s “The Exchange” segment to discuss his thoughts on the cryptocurrency industry, along with his investment thesis regarding Bitcoin (BTC). Miller (69), worth purported dozens of millions, explaining that firstly, he doesn’t believe that anybody necessarily “needs” exposure to cryptocurrencies. Tune in today to @CNBC for our new show @CNBCTheExchange with Kelly Evans at 1pmET. We’ll be speaking with value investor Bill Miller, Miller Value Partners CIO — The…

Bitcoin [BTC] Easier to be Accessed for the French: 6500 Tobacco Shops to Sell

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Led by Keplerk fintech French group – Adil Zakhar together with the other co-founder’s have commenced the project of making Bitcoin [BTC] buying available in Tobacco Shops in France. “Some people find it complicated to get bitcoins on-line,” Zakhar said . “They trust their local tobacco shop owner more than they would trust some remote anonymous website.” – Reuters interview With the help of a local-based cash-register software provider, the group opened paths for Tabac owners to get their hands on and sell BTC vouchers. Per time of writing, already…

Bitcoin Goes on Sale in 2 French Tobacco Stores

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News At least 24 tobacco shops have started selling bitcoin coupons in the French capital of Paris. Widely known as “tabacs”, the stores received regulatory approval for the cryptocurrency sales late last year. More than 6,500 tabacs – representing about a quarter of the registered tobacco stores in France – are expected to start offering BTC coupons by February. Also read: Report Claims Central Banks Are Cautious About Us suing Their Own Digital Currencies BTC Vouchers for 50, 100 and 250 Euros According to a Reuters report published Jan. 9 (which…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Stellar, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 9

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Some of the most prominent investors continue to back cryptocurrency and the blockchain technology. Hong Kong billionaire Li Ka-shing has invested in the latest funding round of Intercontinental Exchange’s (ICE) crypto trading platform Bakkt through his venture capital firm Horizon Ventures. Similarly, Wall…

Financial Data Co. FactSet Sues Blockchain Terminal Affiliate

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United States financial research company FactSet has filed a lawsuit against a company affiliated with professional trading service Blockchain Terminal (BCT), according to documents published by the Supreme Court for the State of New York County, Jan. 3. As stated in the lawsuit, in January, 2018, FactSet and the defendant — CG Blockchain — entered into an agreement to develop an interfacing application between the two firms’ products. FactSet also granted a license to CG to use its products. According to the documents, CG had agreed to pay a minimum…

Jason Cox Extends Open Invitation for Assistance With Development and Review of Bitcoin Cash Code

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News BCH developer conversations have been taking place ahead of the upcoming May 2019 upgrade. In their latest video meeting, devs agreed that they need to know how much BCH is locked up in p2sh segwit addresses. It was also agreed that Andrea Suisani will take charge of the byte transaction size limit and Mark Lundeberg will review Amaury Sechet’s code on Schnorr signatures. Lastly, Jason Cox extended an open invitation for the qualified to assist with the development and review of BCH code. Also read: Major Mining Pools Have a ‘High…

Crypto Startup Ripple Breaches 200 Client Milestone Amid Market Plunge

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It goes without saying that the cryptocurrency market downturn of 2018/2019 irked many of this industry’s startups, even those which have established an unquestioned hegemony. An Ethereum Classic development group folded entirely, while Bitmain, ConsenSys, Steemit, Huobi, and ShapeShift most recently were mandated to purge staffers to maintain a sufficient financial runway. Yet, there have been a few crypto-friendly companies, namely Ripple that have excelled in this hostile environment. On Tuesday, the San Francisco-headquartered firm revealed that it surmounted a key milestone, even as sellers continued to ravage the Bitcoin price.…

Bullish Sentiment for Bitcoin Is at a 5-Month High

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The ratio of long-to-short positions placed on bitcoin (BTC) has reached its highest level in over five months on cryptocurrency exchange Bitfinex. At press time, the BTC long positions placed on the exchange total 33,750 units, worth $137.3 million at current market prices, whereas the number of short positions is roughly 11,000 units less at just 22,787 – now worth just under $93 million. This creates the long-to-short ratio of nearly 1.5:1 – its highest since August 6th of last year. Bitcoin longs and shorts (Bitfinex) The drop in short…