For the first time ever, Bitcoin will begin trading on the New York Stock Exchange (NYSE) as an exchange-traded fund (ETF) following the approval of Proshares’ ETF which will operate under the ticker symbol ‘BITO’. The ETF will invest primarily in bitcoin futures contracts and will not directly i…
Tag Archive for Bitcoin
London’s Most Expensive Penthouse on Sale for $244million, or its Value in Bitcoin
Bitcoin and cryptocurrencies are all the rave right now, and, if you’ve amassed a big enough wallet, you may be able to trade in the latter for a more IRL asset—a massive, 18,000-square-foot penthouse in London that has just listed for about $244 million or £175 million at current exchange. The g…
Cryptocurrency Might be Taking over Cross-Border Transactions in Africa
Monthly cryptocurrency transfers to and from Africa of under $10,000 – typically made by individuals and small businesses – jumped more than 55% in a year to reach $316 million in June, the data from U.S. blockchain research firm Chainalysis shows. The number of monthly transfers also…
Samsung Galaxy S10 Introduces Built-In Blockchain Wallet
With the integration of a built-in blockchain wallet in the new Samsung Galaxy S10, Samsung is surely trying to take the lead, but this company is not the only one in the market with such an offer. In December 2018, Samsung announced their plans to release a new smartphone with integrated cold cr…
Celebrating 10 Years: 10 Interesting Facts on Bitcoin
Bitcoin became one of the biggest talking points of 2017 when it suddenly gained the tag of being the most rewarding investment opportunity. It was created in 2008 by a mysterious man named Satoshi Nakamoto after the bankruptcy of the investment bank Lehman Brothers, which started a chain reactio…
Cryptocurrency’s Challenges is Simply History Repeating Itself
It may be easy to take financial systems for granted, but advancements over the centuries have caused some major disruption and a lot of getting used to. From bartering to blockchain, the world of money – and the way we transfer it – has never stood still. Indeed, even the assets we prize have ch…
The Hublot Big Bang Watch Can Only Be Purchased With Bitcoins
Hublot, a Swiss luxury watchmaker founded in 1980 by Italian Carlo Crocco has presented its new big bang blockchain watch that can only be purchased with bitcoin. As per the announcement, the company is paying homage to both the iconic Big Bang series and Blockchain technology. This new watch is …
Juliettes Interiors Becomes the First High-end Retailer in the UK to Accept Bitcoin
Juliettes Interiors has become the first high-end retailer in the UK to accept Bitcoin. The luxury, designer furniture and residential interior design service firm have joined the likes of Expedia, Dell, Microsoft and Save the Children in offering this as an alternative to traditional payment met…