Cameron Winklevoss: Buy BTC to Escape Negative Yield Bonds

Bitcoin bull and co-founder of Gemini crypto exchange, Cameron Winklevoss noted that negative interest bonds account for $17 trillion and urged the public to buy Bitcoin. Bitcoin (BTC) bull and co-founder of Gemini crypto exchange Cameron Winklevoss has noted that the volume of negative interest bonds accounts for $17 trillion and has urged the public to buy Bitcoin. In an Oct. 17 tweet. Winklevoss wrote: “$17 trillion dollars are currently held in negative interest bonds. 17 trillion reasons why you should own bitcoin.” How to move such a volume to…

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Burj Khalifa Developer Emaar to Launch Tradeable Reward Token EMR

Developer of the world’s tallest building Burj Khalifa will launch its new blockchain token-based referral and loyalty platform in 2019. Dubai-based real estate giant Emaar Properties has released its new blockchain token-based referral and loyalty platform. Real monetary value Emaar, which developed the world’s tallest building, the Burj Khalifa, as well as the Dubai Mall, is planning to launch the EMR token for rewarding its customers, local publication Arabian Business reports Oct. 17. Based on JPMorgan’s blockchain platform Quorum, EMR tokens will be redeemable not only within Emaar’s real estate…

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Blockstream Green Wallet Adds Early Access Tor Integration

Privacy and a clean UX design have often been at odds in cryptocurrency apps. But there’s no reason why a bitcoin wallet app can’t have both.  Blockstream’s newest version (3.2.4) of its bitcoin wallet, Blockstream Green, is a legitimate step forward in combining these two attributes that have previously proven to be far more complex to deploy simultaneously. A Tor Bitcoin Wallet for iOS Apps Within this newly updated version of the wallet is an optional, in-app onion routing network (Tor) integration for both Android and iOS users. Before this…

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Ethereum Futures: The Next Big Derivative to Hit the Market?

As exchanges expand Bitcoin derivatives, the CFTC clears the way for Ether futures. But will investors be interested in such a tool? The United States Commodity Futures Trading Commission (CFTC) hasn’t come to bury Ether, it’s come to regulate it. That was the message drawn from Heath Tarbert’s remarks from the stage at Yahoo Finance’s All Markets Summit in New York City on Oct. 10, which could have important consequences for the crypto and blockchain industry. He went on: “It is my view as Chairman of the CFTC that Ether…

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Telegram Asks Court to Deny SEC’s Action, Says Gram Is Not a Security

Telegram responds to the SEC in a filing with the U.S. District Court for the Southern District of New York, calling the SEC’s injunction “an ‘emergency’ of its own making.” Telegram responded to the United States securities regulator, arguing that Gram, the native cryptocurrency for the Telegram Open Network (TON), is not a security. Telegram requests to deny SEC’s injunction In an Oct. 16 filing, Telegram urged the United States District Court for the Southern District of New York to deny the U.S. Securities and Exchange Commission’s (SEC) request for…

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Report: Canada Exploring Digital Currency to Track People’s Spending Habits

The Bank of Canada believes a central bank digital currency could be the answer to the threat that cryptocurrencies present. The Canadian central bank is reportedly considering launching a proprietary digital currency. Digital currency could share info with police and tax authorities On Oct. 16, news outlet The Logic reported that the Bank of Canada is exploring the possible opportunities and challenges related to launching its own digital currency. The central bank purportedly believes that a public central bank digital currency (CBDC) could be the answer to the direct threat…

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Bitcoin Price Diary: Losing Small Is Key To Long Term Success

Veteran trader Scott Melker revisits some recent trades including a win on BTC and a loss on RVN. In my fourth trade journal, I am updating my previous Bitcoin (BTC) position as well as discussing the reasons that I have reentered a new long position on the same asset. I am also highlighting a quick loss on Ravencoin (RVN), which dropped alongside Bitcoin. As I often say, this loss is proof that you win some and you lose some. What matters is that you lose small. BTC/USD As mentioned previously,…

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BlockFi Introduces Institutional Services for Digital Assets

BlockFi, a nonbank lender of crypto assets, has announced that it’s opening a new platform for institutional investors.  BlockFi Institutional Services is set “to give market-makers, funds, exchanges, and family offices access to enterprise-grade financing solutions for digital assets,” according to the company. Digital Assets Services for Institutional Investors The drive to serve cryptocurrency investors with institutional options was inspired by BlockFi’s own growth. “We have been active in the market for over a year,” BlockFi founder and CEO Zac Prince told Bitcoin Magazine. “As the team and business grew,…

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104 Addresses Hold 70% of Tether, Research Reveals

The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators. That adds to the persistent critique that the coin isn’t backed one-to-one with U.S. dollars as previously claimed. Also read: Telegram Awaits Court Hearing on SEC Case Against Its Token Sale $2.8 Billion of USDT Held by a Handful…

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Bloomberg Editor: BTC ‘Is for Making Transactions The Man is Against’

Joe Weisenthal, editor of news for Bloomberg Digital, said that blockchains are essentially inefficient and that “Bitcoin is for making transactions The Man is against.” Joe Weisenthal, the executive editor of news for Bloomberg Digital, said that blockchains are essentially inefficient and that “Bitcoin is for making transactions The Man is against.” The Man The comments come from Bloomberg’s Markets newsletter, which Weisenthal reproduced in a tweet on Oct. 17. He elaborated that transactions would not be possible without individuals willing to pay fiat money for Bitcoin (BTC), with blockchains…

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