Wednesday, November 21Your Daily Bitcoin & Altcoin News Portal
VanEck Subsidiary Launches Bitcoin Index Based on US Spot Indices

VanEck Subsidiary Launches Bitcoin Index Based on US Spot Indices

BITCOIN
Please share if you find this article interesting. VanEck Subsidiary Launches Bitcoin Index Based on US Spot Indices Investment management firm VanEck subsidiary MV Index Solutions has launched its own Bitcoin (BTC) index based on three major over-the-counter (OTC) desks, according to a press release published Nov. 20. MV Index Solutions is a firm that develops, monitors and licenses the MVIS Indices, which cover several asset classes, including equity, fixed income markets and digital assets. The new MVIS Bitcoin U.S. OTC Spot Index (MVBTCO) is based on U.S. price feeds from major OTC liquidity providers, including Circle Trade, Cumberland and Genesis Trading. Gabor Gurbacs, Director of Digital Asset Strategies at VanEck/MVIS, said that “the index may pave the way for institutio
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KPMG: Institutional Investment Key to Cryptoassets Growth

KPMG: Institutional Investment Key to Cryptoassets Growth

BITCOIN
Please share if you find this article interesting. KPMG: Institutional Investment Key to Cryptoassets Growth News Auditors KPMG have published a report stressing the need for institutional investors to join the cryptocurrency industry. The report outlines the importance of cryptoassets as an investment alternative and how institutional investors can take part in the process. Also Read: Zimbabweans Use BTC to Pay For Food Hampers Amid Foreign Currency Crisis ‘Digital Assets Have Potential, Institutionalization Needed to Scale’ In the report, released Nov. 18, the Netherlands-based firm said a new world of finance is emerging in which transacting in digital assets may become standard operation. “Cryptoassets have potential,” KPMG wrote, in the report titled ‘Institutionalizati
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Tom Lee Maintains $15,000 Year-End BTC Prediction Despite Market Crash

Tom Lee Maintains $15,000 Year-End BTC Prediction Despite Market Crash

BITCOIN
Please share if you find this article interesting. Tom Lee Maintains $15,000 Year-End BTC Prediction Despite Market Crash Despite the present market crash, major Wall Street crypto bull Tom Lee has reiterated his recently reduced year-end price prediction for Bitcoin (BTC) at $15,000 in an interview with CNBC’s Squawk Box on Tuesday, Nov. 20. In the recent statement, the head of research at Fundstrat Global Advisors pointed out two major types of crypto players — those who are “using it and have wallets in crypto,” and those who belong to a speculative side of the market. According to Lee, those two sides of the crypto community should find a way for “sort of interacting with each other” for crypto investors not to get burnt by crashes like this. While reiterating his crypto-rebo
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Report: Bitcoin Use in Payments Collapsed This Year

Report: Bitcoin Use in Payments Collapsed This Year

BITCOIN
Please share if you find this article interesting. Report: Bitcoin Use in Payments Collapsed This Year Bitcoin (BTC) use for commercial payments has reduced significantly this year, according to a study by Chainalysis cited by Reuters Nov. 20. To prepare the study, Chainalysis reportedly surveyed 17 Bitcoin payment processors. The amount of BTC handled by major payment processors reportedly dropped by almost 80 percent from the beginning of the year to September. The analysis of individual payment processors’ figures reportedly shows a downward trend. At Canadian firm Coinpayments, the value of transactions has fallen by more than half between January and October 2018, Reuters reports, citing data from blockchain analysis site OXT. Lex Sokolin, global director of fintech strategy
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Why Making In-App Game Purchases Using Crypto is About to Get Easier

Why Making In-App Game Purchases Using Crypto is About to Get Easier

BITCOIN
Please share if you find this article interesting. Why Making In-App Game Purchases Using Crypto is About to Get Easier A blockchain-based platform that enables gamers to make in-app purchases using cryptocurrency has forged a partnership with Unity, a major game engine – giving developers the chance to unlock new revenue streams with lower fees. AppCoins offers an ERC20-compliant token which is compatible with some of the most popular wallets on the market, and is listed on the top three crypto exchanges. In a major milestone, developers who use Unity will be able to accept AppCoins as a method of payment – and the company says this could open up access to a market of more than 200 million users “with a simple and easy integration.” In a recent interview with TechCrunch, the CEO
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Crypto Detectives Project Rates and Investigates Suspicious ICOs – Bitcoin News

Crypto Detectives Project Rates and Investigates Suspicious ICOs – Bitcoin News

BITCOIN
Please share if you find this article interesting. Crypto Detectives Project Rates and Investigates Suspicious ICOs - Bitcoin News Crowdfunding An online platform created in Russia has set a noble goal of making the cryptocurrency industry safer for investors. The project investigates initial coin offerings (ICOs) that have raised suspicions and performs the due diligence for free. A report about each ICO is then published containing а summary of the findings and a conclusion about the project’s nature. Also read: Crypto Experts From Sanctioned Countries to Receive Training in Crimea Coin Offerings Under Surveillance The Crypto Detectives portal examines the whitepaper and website of a project that’s been included in its “Under Surveillance” list. The established business mo
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Capitulation? This Bitcoin Sell-Off Still Isn’t as Extreme as 2015’s

Capitulation? This Bitcoin Sell-Off Still Isn’t as Extreme as 2015’s

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Capitulation? This Bitcoin Sell-Off Still Isn’t as Extreme as 2015’s A total of $60 billion has been erased from the value of all cryptocurrencies over the last week, a decline that has many wondering if the ongoing bear market for the asset class has finally come to an end. Defined as a period of depressed activity and sentiment, the bear market has seen the price of bitcoin, the world’s largest cryptocurrency, decline more than 75 percent from all-time highs set in January. Further, as bitcoin makes up more than 50 percent of the entire market in terms of total capitalization, it’s safe to say the bear market may end when bitcoin bulls refuse to cede more ground. But in order for a true ‘bottom’ to be found, many figure a “capi
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Study263 Helps Zimbabweans Import Food Using Bitcoin

Study263 Helps Zimbabweans Import Food Using Bitcoin

BITCOIN
Please share if you find this article interesting. Study263 Helps Zimbabweans Import Food Using Bitcoin Emerging Markets Study263, a Zimbabwean-owned fintech startup operating from South Africa, has opened an online store allowing Zimbabweans to buy food hampers that are delivered directly to their homes. Shoppers have the option to pay for items like cooking oil and baked beans in BTC, Paypal or Ecocash, a local mobile money payment system. Also Read: Ivy and Hiveex Launch Ivypay to Facilitate Consumer Bill Payments in Australia As Prices Spiral, Study263 Helps Zimbabweans Import Food Using Bitcoin The southern African country of Zimbabwe, which adopted the U.S. dollar after abandoning its currency at the height of hyperinflation in 2009, is gripped by a shortage of foreign
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‘The Big Issue’ Newspaper Launches Blockchain Platform to Promote Impact Investing

‘The Big Issue’ Newspaper Launches Blockchain Platform to Promote Impact Investing

BITCOIN
Please share if you find this article interesting. ‘The Big Issue’ Newspaper Launches Blockchain Platform to Promote Impact Investing The Big Issue, a street newspaper sold by the homeless in the U.K. and other countries, is launching a blockchain-driven platform to promote impact investing, The Financial Times reports Monday, Nov. 18. Three investment companies — UK Standard Life Aberdeen, U.S. Columbia Threadneedle, and AllianceBernstein — will join The Big Issue as founders of the platform dubbed The Big Exchange. According to the FT, it will offer 30 to 40 social and environmental impact funds, and is set to start working within six months. The potential investors will be charged a minor fee to use The Big Exchange. Once registered to the platform, they will be able to choose
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NYSE Operator’s Bakkt Confirms End of January Launch Date For Digital Assets Platform

NYSE Operator’s Bakkt Confirms End of January Launch Date For Digital Assets Platform

BITCOIN
Please share if you find this article interesting. NYSE Operator’s Bakkt Confirms End of January Launch Date For Digital Assets Platform The Bakkt digital assets platform, which was created by the operator of the New York Stock Exchange (NYSE), announced in a Medium post today, Nov. 24, that they are now “targeting” Jan. 24, 2019 as a launch date. The Intercontinental Exchange (ICE), operator of 23 leading global exchanges including the NYSE, announced the creation of Bakkt in August of this year. Today’s Medium post notes that “given the volume of interest in Bakkt and work required to get all of the pieces in place,” the company has settled on the Jan. 24, 2019 start date in order to “ensure that our participants are ready to trade on Day 1.” Bakkt’s Medium post, written by CEO