It has been a rather quiet week for Bitcoin so far. Despite a very promising start to May of 2019, the uptrend has ground to a halt. While that is not entirely unexpected, a lot of traders and speculators are growing antsy once again. There are several reasons as to […]
Tag: ETF
The First Crypto Physical Backed ETF Will Not Be BTC, but Aidos Kuneen (ADK)
Aidos Kuneen (ADK) is founded by Ricardo Badoer, a man who owns shares in banks and is a member of the Bank Board in Kenya Sumac Microfinance and Hakika Microfinance from Tanzania. Besides investing in the banking sector, he owns two soccer clubs, the Spanish CD Ursaria, and Kenya FC […]
4 Things the Cryptocurrency Industry Doesn’t Need in 2019 and Beyond
Ten years have passed since Bitcoin was first introduced to the world. Numerous technical advancements have been achieved during that decade. At the same time, some things have not changed in the slightest. The cryptocurrency industry can easily succeed without some of the current trends and potential future projects people […]
Bitcoin ETF – What Is It Exactly and Why Would It Boost Cryptocurrencies?
You have likely heard plenty of news about ETFs and what they can do for the lackluster condition of the cryptocurrency market today. Investors think a Bitcoin ETF will save the day while others believe it is just another step on the ladder to becoming a “legitimate” asset that people […]
Bitcoin Futures Are Too Weak to Carry an ETF
By now you have heard that the SEC rejected 9 Bitcoin ETFs, and these decisions don’t seem to have affected the market like the last rejection it handed down. So why did the commission deny these ETFs, and why hasn’t the development taken the market into yet another slump? The […]
What Is Vectorspace AI?
The cryptocurrency world continues to react with surprise when a Bitcoin ETF proposal is rejected by the SEC. Those with a level head know the SEC will never approve such vehicles without official regulatory guidelines in place. Until something changes, alternative solutions such as Vectorspace AI may offer relief. It […]
Renowned Investor Tom Lee Optimistic on Blockchain, Particularly for Finance and Gaming
Tom Lee is the co-founder and managing partner at Fundstrat Global Advisors. A highly successful research analyst, he often appears on CNBC as an expert on cryptocurrency. Prior to Fundstrat, Lee served as Chief Equity Strategist at JP Morgan. Lee has been ranked #1, #2, or #3 in Institutional Investor magazine’s analyst […]
4 ETF Drawbacks Potentially Hindering Future Bitcoin Growth
A lot of industry experts have high hopes for Bitcoin ETFs. These investment vehicles are primarily designed to attract more institutional investors, assuming such a vehicle ever gets approved. At the same time, there are several downsides to ETFs which could hinder the long-term growth of the Bitcoin industry. 4. […]
Cboe’s Push for an ETF Is Picking up Steam
At the beginning of June 2018, Cboe Global Markets Inc. filed with the Securities and Exchange Commission for a Bitcoin exchange-traded fund (ETF), which is an instrument that tracks a particular index and replicates its performance. ETFs are passive, and on the stock exchange, they trade just like stocks. This […]