Charlie Lee Tempts Fate, Offloads Physical Litecoin Collectibles in Auction

By CCN: Charlie Lee is selling more Litecoin, but not of the digital variety. After liquidating his LTC portfolio at year-end 2017, the Litecoin creator is now auctioning off what he describes as “unique collectibles”. These are more than a dozen physical coins with labels that are signed by Charlie Lee himself. Lee stated on the Bitcoin Forum: “I got some of my Lealana 25LTC & 10LTC coins graded by ICG. The labels of these coins are signed by me. There are a total of 5x 25LTC coins and 8x…

diamDEXX Lets You Buy Physical Diamonds with Crypto

Although the cryptocurrency markets are significantly less volatile than they once were, volatility is still a major issue for investors. This is still the case with Bitcoin – the de-facto cryptocurrency that is often referred to as a store of value. Although Bitcoin, and many other cryptocurrencies, do possess characteristics that resemble a store of value – notably their limited and finite supply, however, extreme volatility restricts investors from protecting their wealth. In order to alleviate the threats of sharp, unexpected pricing fluctuations, several options do exist for cryptocurrency investors.…

LedgerX Set to Beat Bakkt Becoming First to Offer Physical Bitcoin Futures

Photo: Coinspeaker LedgerX, the US provider of cryptocurrency derivatives, has announced their plans to dive into the market for physically-delivered Bitcoin futures and become the first US company to offer such a service. On Monday, the company applied for a designated contract market (DCM) license that would allow it to offer physically-settled Bitcoin futures products to its clients. Such trading firms as Bakkt, ErisX, Seed CX, and CoinFLEX have announced the same products. However, LedgerX is likely to have more chances for approval. As LedgerX co-founder Juthica Chou said, LedgerX…

LedgerX Reveals Bid to Beat Bakkt to Physical Bitcoin Futures Launch

Cryptocurrency derivatives provider LedgerX plans to become the first U.S. firm to offer physically settled bitcoin futures contracts. The company announced Monday that it has filed for a designated contract market (DCM) license, which would allow LedgerX to offer physically-settled bitcoin futures products to its customers. Unlike the cash-settled bitcoin futures offered by CME Group (and previously, Cboe), customers would receive the actual bitcoin underlying a contract after it expires, rather than the U.S. dollar equivalent. And perhaps more notably, LedgerX can target retail investors with its new offering, said…

Liechtenstein’s Postal Service to Offer Crypto Exchange Services at Physical Locations

Liechtensteinische Post AG, the country’s official postal service, plans to offer cryptocurrency exchange services at their physical locations, according to an official announcement published on Feb. 14. The postal service will allow customers to exchange their fiat to Bitcoin (BTC) in one of its offices in Vaduz, the country’s capital, starting on Feb. 15. After purchasing BTC, the customers will get a physical wallet generating public and private keys. Later, the service will likely be extended to other post offices all over the country, the announcement notes. Moreover, the postal…

Swiss Wallet Firm to Produce Physical Banknotes for Marshall Islands Digital Currency

Tangem, a Switzerland-based ‘smart card’ wallet manufacturer will reportedly issue physical banknotes for the Sovereign (SOV), the state digital currency of the Marshall Islands, according to an announcement on Jan. 28. Per the announcement, physical representations of the digital currency will purportedly ensure that citizens have “fair and equal access to their digital currency, whether or not they have internet connection.” The firm states that a physical SOV will be a “controllable mechanism” for issuing the currency by the Marshallese government. Minister David Paul, Minister-in-Assistance to the President of the…

Regulations Have Ruined the Physical Bitcoin Industry

Economy & Regulation As bitcoiners celebrate the 10th anniversary of Satoshi’s invention, veteran enthusiasts will be aware that a lot has changed since the early days. One business that was once incredibly popular is the art of manufacturing loaded physical bitcoins. Government regulations have forced operations to cease, causing the physical bitcoin minting business to virtually grind to a halt.   Also read: 8 Crypto Debit Cards You Can Use Around the World Right Now  Manufacturing Loaded Physical Bitcoins Is a Lost Art Not long after Bitcoin was launched, people managed…

Coinfloor Rebrands to Shake Up the Industry with Its Stablecoin and Physical Bitcoin Futures

Photo: Coinfloor / Facebook A new year has begun and for many of us it means a new beginning. The same feeling seems to be common for some companies as well. CoinfloorEX is starting the year with its reorganization. Company’s Rebranding CoinfloorEX, that is a unit of the UK-based cryptocurrency exchange Coinfloor, has experienced rebranding and now it will be known as CoinFLEX and it will offer an opportunity of physical Bitcoin futures trading on the Asian market. A new name is an abbreviation for Coin Futures and Lending Exchange. It is reported that the exchanged…

CoinFLEX To Offer Physical Bitcoin (BTC), Ethereum Futures: Bakkt Competitor?

Hong Kong Startup To Offer Physical Bitcoin, Ethereum Futures (With Leverage!) Per a recent piece from Bloomberg, the “contest” for physically-delivered Bitcoin futures is heating up, as another contender has entered the fray. This new contender is a Hong Kong-headquartered up-and-coming crypto startup named CoinFLEX, formerly a branch of U.K.’s Coinfloor. This fledgling venture reportedly is backed by ” (former) Bitcoin Jesus” Roger Ver and Trading Technologies International, which is a firm that programs and manages trading software. Mark Lamb, a crypto enthusiast of six years, will be heading the exchange…

Bitcoin History Part 4: Casascius Creates Physical Bitcoins

Bitcoin was born as a wholly digital currency, and it might have remained that way had it not been for the efforts of an early adopter from Utah. His name was Mike Caldwell, but on the Bitcointalk forum, he was better known as Casascius. The physical bitcoin creator took a digital phenomenon and converted into physical matter. For the first time in history, bitcoins were tactile. Also read: Bitcoin History Part 3: Turning on the Faucet Why a Physical Bitcoin? “Why a physical bitcoin?” That was the question with which…