finance 57 | BTCMANAGER

Bitcoin, Blockchain & Cryptocurrency News

Bitcoin

$13,130.92

Ethereum

$412.96

XRP

$0.255

Show details

Leverage Conference

Starts in 00 days 00 hours

Nanjing Announces $1.48 Billion Fund for Investment in Blockchain Technology

July 25, 2018 by Aisshwarya Tiwari at Adoption, Blockchain, Business, Finance, Investment, News

Nanjing, the capital city of China’s Jiangsu province, has launched a gargantuan $1.48 billion fund for investment in blockchain technology to propel the existing public blockchain projects in the country. The announcement was made on July 23, 2018, at the first ever Industrial Public Chain Summit (IPCS) and comes as...

US Futures Market Executives- Bitcoin ETF is Coming

SEC and CFTC May Approve Bitcoin and Ethereum ETFs This Fall

July 24, 2018 by Jefferson Nunn at Adoption, Altcoins, Bitcoin, Commentary, Finance, Investment, News, Regulation

Citing two unnamed sources within the SEC and CFTC, ZeroHedge reported on July 24, 2018, that bitcoin and ether ETFs are likely to be approved this fall. This is one of the final steps before these Exchange Traded Funds are listed on the NYSE exchange. Speculative Leaks about U.S. Regulation...

Bitcoin Surges 17 Percent to Close Week in mid-7,000s: BTCManager’s Week in Review July 23

July 24, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, Finance, News, Regulation

The price of bitcoin rallied by over 17 percent week-on-week giving bitcoin hodlers hope that the worst might finally be over for this year. This week’s price surge was driven by the news that the world’s largest asset manager, BlackRock, may start to invest in bitcoin, as well as the...

Cryptocurrency Hedge Funds Reportedly Increasing and Could Triple in 2018

IDC Reports 73% CAGR, Blockchain Spending to Hit Nearly $12 Billion within Five Years

July 23, 2018 by Nigel Dollentas at Adoption, Blockchain, Business, Finance, Investment, News, Regulation

A new update from the comprehensive semiannual blockchain spending guide predicts blockchain spending to reach a new peak of almost $12 billion in 2022. America Dishes out the Most Spending is expected to increase with a five-year compound annual growth rate (CAGR) of 73.2 percent. IDC, the company behind the...

Pawn Shops in Ukraine Set to Start Accepting Cryptocurrencies as Loan Security

Ukrainian Authorities Agree to Regulate Bitcoin and Other Cryptocurrencies as Financial Instruments

July 22, 2018 by Ogwu Osaemezu Emmanuel at Finance, News, Regulation

In spite of the vibrant nature of the Ukrainian cryptosphere, digital currencies remain unregulated in the region. However, the situation is finally about to change for the better. The head of the National Securities and Stock Market Commission (NSSMC), Timur Khromaev, announced on Facebook on July 20, 2018, that the...

Crypto Insurance: A New Trend in the World of Blockchain

July 21, 2018 by Priyeshu Garg at Adoption, Business, Crime, Finance, News

The rise of cryptocurrency and blockchain industry has brought along some new trends. Specifically, crypto insurance, and a large number of companies are getting on that bandwagon, both offering and taking insurance on crypto assets. Why theCrypto Industry Needs Insurance Insurance is a somewhat familiar term used in the financial...

Bitmain Looks to Expand their Development Center in Israel; Opens Shop in San Jose, California

July 20, 2018 by Cindy Huynh at Bitcoin, Business, Finance, Investment, News

Bitmain, the Chinese Bitcoin mining giant currently valued at $12 billion, is looking to expand their Development Center in Israel and recruit more than 40 people. The new round of recruitment will triple the current number of employees at the Ra’anana center based on July 2018 reports. Golden Opportunity to...

Introducing Marble: World’s First DAO Bank Running on Ethereum Blockchain

July 19, 2018 by Priyeshu Garg at Altcoins, Blockchain, Ethereum, Finance, News, Tech

The world's first completely decentralized blockchain banking operation made up of only smart contracts has launched on the Ethereum network. The open-source banking platform called Marble was unveiled in a blog post on July 17, 2018. The announcement revealed that Marble would use smart contracts to provide funding to low-risk...

Thailand Announces State-Backed “Bond Coin” to Facilitate Faster Security Settlements and Clearance

July 18, 2018 by contributor at Blockchain, Finance, News

The Thailand government is swiftly taking steps to adopt and implement cryptocurrencies and blockchain technology within its administration. Local reports on July 16, 2018 confirmed that a prominent securities body in Thailand is developing a digital token to facilitate settlement clearing of corporate bonds. Bond Coin to Streamline Current Processes...

World’s Largest Asset Management Firm $6.3 Trillion Blackrock Set to Join Bitcoin Bandwagon

July 18, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Bitcoin, Business, Finance, News

Slowly but steadily, Bitcoin’s journey to mainstream finance keeps gaining momentum, as more and more critics are beginning to catch the cryptocurrency fever. Next in line, BlackRock, a global asset management company with $6.3 trillion in assets under management, is now looking to start offering clients bitcoin-related investments according to...

Join our telegram channel

#finance