Franklin Templeton Investments, the global investment firm looking to track shares of a money market fund on the Stellar blockchain, has tapped wallet service provider Curv to help safeguard its shares. Source
The Sacramento Kings — who spearheaded Bitcoin (BTC) payments for fan merchandise back in 2014 — have revealed some of the quirks in their history of cryptocurrency engagement. According to a Nov. 21 report from Front Office Sports, the NBA team’s chief technology officer, Ryan Montoya, remarked: “People from all over the world were buying Kings jerseys, tickets, different Kings gear. They were super excited that this team was accepting Bitcoin […] We even put a Bitcoin ATM in the arena. Then the Bitcoin price went up to $1,200 and…
Having dropped to one-month lows below $8,000, bitcoin is now eyeing the first test of a key average support, now at $7,714, since April. Original
Although the traditional stock market is doing pretty well, the rising uncertainty around Brexit and U.S.-China trade war has shifted investors’ focus towards Bitcoin. On Wednesday, November 20, Bloomberg’s Alastair Marsh interviewed top panelists from the crypto and blockchain space. The interview took place at the Future of Digital Assets briefing in London where the panelists discussed Bitcoin in the wake of the geopolitical uncertainty. Charles McGarraugh, head of markets for blockchain kicked-off the conversation. He said that he very much believes that Bitcoin becomes an attractive bet during uncertain…
Binance has made a move into India’s potentially huge, but troubled, cryptocurrency market with the acquisition of the WazirX exchange platform. Source
An ice cream shop in Berlin’s trendy Friedrichshain district has revealed that a chat with an unknown “super nice” guy spurred them to spearhead Bitcoin adoption with the local crowd. That unknown guy turned out to have been the legendary Bitcoin (BTC) evangelist and educator Andreas Antonopoulos, as a Nov. 21 Twitter thread from the retailer, “Chipi Chipi Bombón,” revealed. Andreas Antonopoulos spreads knowledge Everything began in a local burger bar. “We started accepting Bitcoin in June of this year. At Room 77 I met a guy who was super…
Grayscale’s Michael Sonnenshein contends that the asset manager’s recent Form 10 filing with American regulators would be “a milestone” for the crypto industry if it’s approved. Sonnenshein — managing director at the world’s largest digital asset manager, Grayscale Investments — made his remarks during an interview with CNBC on Nov. 20. Hedge funds after digital asset exposure Earlier this week, Grayscale filed a registration statement on Form 10 for its publicly traded Bitcoin (BTC) fund Grayscale Bitcoin Trust (GBTC) with the United States Securities and Exchange Commission (SEC). If approved,…
“Now that we’re public, we have more efficient access to capital to support our growth,” Silvergate Bank CEO Alan Lane said in an interview. Source
Big news from the crypto mining industry: the Germany-based Northern Bitcoin has agreed to a merger with Whinstone US, Inc. Whinstone US is already a leading player in creating crypto mining centers with a number of high-profile projects attributed to its name. After the merger, the two companies are poised to overtake many leading Bitcoin(BTC)trade mining enterprises in the world. The CEO of Northern Bitcoin AG, Mathis Schultz, said: “With this merger, we are catapulting ourselves faster than originally planned to the top of the world in Bitcoin mining. Whinstone’s…
According to the recently revealed information the Monetary Authority of Singapore (MAS) is allegedly looking into allowing cryptocurrency-based derivatives to be traded on regulated platforms within the city-state. This development may seem to be related to the fact that the crypto trading on mainstream platforms has become more of a reality in the last few years as cryptocurrencies have made appearances on stock exchanges around the world and there is a constant push within the industry to get various digital assets approved for trading in many more markets. This is…