Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos

Announcing this week he intended to “burst” the ecosystem’s “bubble” because of “Lambos” and “to the moon, and all that,” one of the most respected thought leaders in cryptocurrency, Andreas M. Antonopoulos revealed he believes bitcoin exchange traded funds (ETFs) are “a terrible idea.” The author of The Internet of Money and the seminal Mastering … Read more

Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners

In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin. One victim even claims to … Read more

Pantera Capital Already Raises Over $70 Million for Its Third Crypto Fund

Pantera Capital, one of the largest US-based institutional holders of cryptocurrencies, has already raised more than $70 million for its third crypto fund. And the first investment by Pantera Venture Fund III went to Intercontinental Exchange’s Bakkt. Also Read: The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID $175 Million Crypto … Read more

Amateur Crypto Investors Caused the Burst, Japanese Expert Says

Strengthening regulations will increase crypto investors’ protection, and the amateur speculation bubble will end, says Masayuki Tashiro, representative director of Fiscalo Digital Asset Group and market analyst, who handles a crypto business in Japan. The real value of cryptocurrency will be questioned after we leave the bubble, the expert says. Also read: Japanese Association Seeks Authority … Read more

Bitwise Launches Three New Cryptocurrency Market Index Funds

Why wait for an ETF? Bitwise Index Services, a subsidiary of Bitwise Asset Management, has announced the launch of three new indexes covering the mid-cap, small-cap, and total-market segments of the crypto market, as well as the renaming of its HOLD 10 Index as the 10 Large Cap Crypto Index. Also Read: The Daily: Stoners … Read more

Jamaica Stock Exchange Plans to Offer Cryptocurrency Trading

The Jamaica Stock Exchange (JSE) has announced it plans to allow investors the ability to trade cryptocurrencies through the regulated stock exchange. According to the JSE, the Canadian-based Blockstation will help facilitate the crypto-trading services. Also read: Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume Jamaica Stock Exchange Plans to Facilitate Crypto-Asset Trades in … Read more

Smart Investors Are Digging In

Even though the Bitcoin ETF was shot down last week, we are still moving closer to getting a real ETF in the coming months. While we’re waiting for that to happen, many are now starting to feel like there is no recovery in sight for cryptocurrency markets. Which is also to say the technology behind … Read more

An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend

Back in the early days, cryptocurrency enthusiasts used to laugh at the thought of a stable cryptocurrency pegged to a specific fiat currency like the US dollar. Although nowadays things have changed and the digital currency tether (USDT) captures more cryptocurrency trade volume than most of the leading nation-state issued fiat currencies like the USD … Read more

SEC Settles Insider Trading Suit With Son of California Bank Board Member

The Securities and Exchange Commission continues to crack down on illicit activity within the cryptocurrency industry. It is easier said than done, as a lot of dubious-looking projects exist today. Aaron Smith of San Francisco was recently charged with insider trading. That wouldn’t be entirely unusual, were it not for the fact that Smith is … Read more