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This time last year, the market was abuzz with excitement as CBOE’s XBT futures contracts and CME Group’s bitcoin derivatives products launched for the first time. There is no doubt that BTC futures trading has given some legitimacy to the asset class. Fast forward one year and there has been slow growth due to the … Read more
Embellished estimates as to the total electricity consumed through bitcoin mining have again made the rounds in the media recently, with many stories claiming that energy consumed by mining annually is comparable to that which is consumed by the entire nation of Ireland. Said stories appear to have been triggered by research published by Alex … Read more
The rush of big money into the cryptocurrency market is continuing at full pace and reshaping the global investment landscape. Two recent examples are Coinbase’s new institutional focus and Nomura’s new venture. These stories, and much more, are in today’s edition of Bitcoin in Brief. Also Read: NY Regulator Approves Bitcoin Cash, Zcash and Litecoin … Read more
Seven major crypto companies operating in the UK have announced the formation an independent cryptocurrency trade body. The group, Crypto UK, has stated that its principal aim is to “improve industry standards and engage policymakers.” Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether Leading Cryptocurrency Companies form Crypto UK Trade Body Seven leading … Read more