Key takeaways The U.S.’s multinational investment bank, Morgan Stanley, added over 2 million shares of Grayscale Bitcoin Trust (GBTC) in Q3.  Total holdings now stand at over 8 million shares. The addition is coming at a time when GBTC has been facing competition from Bitcoin futures ETFs. SEC filings by leading global investment bank and wealth management firm, Morgan Stanley […]

Bitcoin’s ability to help the economies of the developing world represents one of the cryptocurrency’s most promising characteristics. Advocates point to the low cost of remittances, the ability to provide financial services to the unbanked, and even the use of Bitcoin as a humanitarian aid as just a few of the means by which Bitcoin can benefit the global poor. […]

Here is a snapshot of the global markets across stocks, currencies, bonds, commodities and cryptocurrencies. Asian stocks finished mixed amidst a rate hike by the New Zealand’s central bank. European stock markets plunged despite a strong opening. American stock futures indicate losses ahead of release of FOMC minutes. Dollar Index spiked as high as 96.75. Bond yields mostly declined. Crude […]

This year continues to see revolutionary changes to the global financial landscape, as cryptocurrency adoption and value skyrockets. There are now an estimated six million active crypto wallets, and many thousands of businesses, large and small, are embracing digital assets. Across the globe government leaders, and central banks, are coming to the realization that cryptocurrency is here to stay, and […]

Over 200,000 out of the total 2 million mining machines that relocated from China following government crackdowns back in June headed to Russia according to the latest research released by the Financial Times. This makes Russia the greatest beneficiary of the Chinese mining ousters on top of Kazakhstan 87,849, United States 87,200, and Canada 35,400 mining machines. Bit Cluster and […]

  Bitcoin and Blockchain stakeholders held a confidential meeting last month in Cancun, Mexico to discuss important topics and issues in the Bitcoin community. These stakeholders were chief executive officers, pioneers, investors, influencers, and developers. There were no partners and media representatives invited during the meeting. The invite-only forum was organized by Bruce Fenton, chief investment officer of Atlantic Financial. […]

  How is it like to trade Bitcoin? Trading this crypto currency is not as easy as buying and selling pancakes. In fact, Bitcoin commerce is more complex than FOREX trading. There are Do’s and Don’ts to consider in Peer to Peer Trading. Here are the Dos: Answer all questions of sellers. Otherwise, they may get turned off or scared […]

Officials from Japan’s Financial Services Agency (FSA) have announced that it will begin “full surveillance” of cryptocurrency exchanges operating in the country. According to the Japan Times, the government agency will ensure that exchanges for Bitcoin and other cryptocurrencies have proper internal systems to protect customer assets. A 30-member surveillance team built from agency and local finance personnel was recruited […]