Bakkt Futures to Launch in the Current Quarter

Managing director and quant strategist at Fundstrat Global Advisors Sam Doctor suggested in a Twitter post published on July 19 that Bakkt’s Bitcoin (BTC) futures contracts will launch this quarter. According to the post, which includes a summary of Fundstrat’s takeaways from the Bakkt Digital Asset Summit held on July 18, the firm’s futures will launch in the current quarter. The launch is set to follow tests announced last month, which are scheduled to start next week. The firm believes Read more …

#MetaHash launches program for blockchain mass adoption even as policymakers struggle with blockchain education

There is a recent global movement for policymakers to put together their heads with industry stalwarts as mass adoption is the key for blockchain to proliferate. #MetaHash, the high-performance blockchain network, is doing a great job with the #MetaGather Program, a targeted campaign to stimulate massive familiarization with blockchain. #MetaHash Tech Lead and Co-founder, Gleb Nikitin highlights the importance of the program as “the opportunity to take part in the consensus mechanism of the distributed network, which in other cases Read more …

Diana, a Blockchain ‘Lunar Registry,’ Attempts to Tokenize the Moon

In honor of Neil Armstrong’s “small step,” one company is taking a “giant leap” for blockchain. On the 50th anniversary of the Apollo 11 Moon landing, Diana, a blockchain startup, is launching a “lunar registry” that attempts to place the lunar surface on a distributed ledger. The project is offering collective ownership of Earth’s only natural satellite through dividing the moon into 3,874,204,892 cells encoded on a blockchain by a 3-word address. Proof of stake in this “cadastral map” is Read more …

Fearful Banks Show Negative Bias Toward Crypto Investors

Banks are afraid of bitcoin and some of them are responding in a way that’s driving customers away. On July 18, founder and partner at Morgan Creek Digital Anthony Pompliano shared on Twitter an epic email from a disgruntled client that was sent to the CEO of the Royal Bank of Canada (RBC). The letter is the latest example of how people are fed up with the poor service provided by banks, especially toward crypto investors. Customer Describes Experience with Read more …

Australian Couple Lose Over $633,000 in Crypto Scam

An old couple in Australia has reportedly fallen victim of a crypto scam operation. According to the couple, this scam wiped out their retirement savings. Over $633,000 Up in Flames The couple, Mike and Karen Taylor say that they got caught up in the crypto investment scheme while travelling around the country in a camper van. It was then they made the decision to invest some of their savings through a website.As time went by they tapped into their pension Read more …

Crypto Tidbits: “Unstoppable Force” Bitcoin Back at $10,000, Libra in Congress

Another week, another round of Crypto Tidbits. As is seemingly the norm, Bitcoin saw a tumultuous week, trading from everywhere from $9,100 to around $11,000. Per the time of writing this article, the dust has somewhat settled, with BTC around the $10,500 region for at least the past 18 hours. Cryptocurrency prices are lower than they were earlier this month or in late-June. But this week saw its fair share of positive news — and negative news of course. On Read more …

Another Indian Crypto Exchange Shuts Down Operations

Founder of Indian cryptocurrency exchange Cryptokart Gaurang Poddar announced that his company is shutting down in a LinkedIn post published last week. In his post, Poddar described the shutdown of the exchange as “difficult, given the hard work we’ve put in” but concluded that overall the experience was positive and that he was proud of the platform and seemed intent on remaining in the field, asking “If you know anyone interested in launching their own exchange, please let me know.” Read more …

Bitcoin Buoyed By Free Marketing, Will BTC Prices Double By 2020?

Bitcoin (BTC) consolidating below $11,200 Iranians turning to Bitcoin Despite deliberate attacks from politicians, Bitcoin as an innovation is an “unstoppable force”. Fearing the unknown, they are unknowingly marketing BTC as an alternative. For now, BTC is steady, but bears are firmly in control. Bitcoin Price Analysis Fundamentals Cryptocurrency investors and traders are in the space to make money, then later for the technology. At least that is what statistics reveal. Bitcoin may be the first of its kind -and Read more …

Liberal Activists Pressure All 27 Libra Partners to Dump Facebook’s Libra

The knives are really coming out to kill Facebook’s over-hyped Libra crypto project. After being bashed by President Donald Trump and the U.S. Congress, four liberal activist groups penned an open letter urging all 27 Libra partners to dump the Facebook venture. Quartet: Mark Zuckerberg Cannot Be Trusted The foursome cited fears over the social media monopoly’s feckless leadership. The scathing letter was signed by the following progressive consumer-advocacy groups: Open Markets Institute, a think tank that opposes corporate monopolies Read more …

Bank of Thailand Is Open to Discuss Libra, Concerned Over Security

Bank of Thailand governor Veerathai Santiprabhob said that the institution is open to discussing Facebook’s Libra stablecoin with the company, local media Xinhuanet reported on July 19. Per the report, Santiprabhob made his remarks at the Bangkok FinTech Fair on July 19, pointing out that Facebook had already contacted the central bank many times. He also noted that the institution had established a new team to study Libra’s whitepaper, but their analysis will take time. “We are not going to Read more …

Can Plunking Down $70 Million on This Aging Comedian Save Netflix?

Netflix shocked investors earlier this week when it reported a 126,000 decrease in domestic subscriptions, disappointing analysts who expected an increase of 350,000. While Netflix offered all sorts of lame excuses for the decline, it’s impossible to deny that its recent price increases and increasing competition are having an impact on its business. To that end, Netflix has been trying to stuff its content channels with gigantic deals for prolific creators and comedians. But is Netflix getting desperate? Trotting Out Read more …

Iran Announces Gold Backed National Cryptocurrency

The Tehran News agency has reported that Iran intends to launch a gold-backed cryptocurrency. This comes less than a week after President Trump slammed virtual currencies on Twitter amid tensions between the historic foes. The New agency reported the development on its English website. Accordingly, the Central Bank of Iran (CBI) has approved the issuance of new cryptocurrencies. This is according to the CEO of Iranian Information and Communication Technology (ICT) FANAP, Shahab Javanmardi.  Shahab described the measure as follows: Read more …