Firm Dealing In Asset Management Launches Chinese Blockchain ETF

  Blockchain technology has grabbed the interest of investors globally as it has grown into one of the most exciting areas due to its wide variety of application across industries. This is why Reality Shares, an asset management firm, is launching China’s first blockchain ETF, which gives investors access to Chinese companies at the forefront of the…

Mt. Gox Creditors May Be Reimbursed in Bitcoin Under Civil Rehabilitation

The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018. Mt. Gox was forced into criminal bankruptcy after more than $473 millions worth of bitcoins werestolen from…

What will be the future of Litecoin by 2020, 2025, 2030, etc?

By 2050, it is predicted that Litecoin will be the currency you will use to buy and sell products and services. Most of the fiat currencies will disappear. These cryptocurrencies are still at a very nascent stage. Either they will be massive or they will vanish. We still cannot predict the future path these coins will…

Bitcoin’s 2017 Surge Was the Result of Manipulation

In 2017 the value of Bitcoin was just $900. By December, it had jumped to nearly $20,000. What ?? Yes you heard it right. To the casual observer, it appeared the world was finally buying into the promise of cryptocurrencies. And who would’nt, the dream currency going closer to the original dream, every believer of crypto…

Zebpay Announcement: Your Rupee Withdrawals Could Stop ? RBI Bans Trading Bitcoin in India

Zebpay sent an email to the platform users today at 1:39 Pm in light of recent Reserve Bank Of India Circular, dated April 6th, on ‘Prohibition on dealing in virtual currencies. Zebpay said that they have approached the Supreme Court of India to challenge. In case the rupee holders choose to place a withdrawal request, they shall…

How is Bitcoin taxed ?

Bitcoin is now listed on exchanges and has been paired with leading world currencies such as the US dollar and the euro. The US Federal Reserve acknowledged the growing importance of bitcoin when it announced that bitcoin-related transactions and investments cannot be deemed illegal. At the start bitcoin’s attractiveness was attributed partly to the fact…

Bitcoin Is ‘Not For Me’ Says Goldman Sachs CEO Lloyd Craig Blankfein

For Lloyd Blankfein, bitcoin is just not his thing. The Goldman Sachs director and CEO said in an assembly on tuesday that “it is not for me” while gotten a few records approximately the arena’s largest digital cash by means of show off capitalization. displaying up at the monetary membership of recent york, he commented: “I don’t…

Blockchain-Based Community Currencies to Be Launched in Kenya

Network of blockchain-based community currencies will be launched in Kenya, said Bancor. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration. By utilizing the Bancor Network, the disadvantaged communities in Kenya will have the capacity to make computerised monetary forms that can hold at least one adjusts…