Crypto Daily News: SpaceX Engineeer Starts Own Crypto Exchange and Zimbabwe Finance Minister Speaks Out About Bitcoin

In today’s edition of Crypto Daily News, we’ll cover the details of the SpaceX engineer’s new crypto exchange and what Zimbabwe’s Finance Minister said about crypto lately. Crypto Daily News: September 17th, 2018 Former SpaceX Engineer Starts a Crypto Exchange Joshua Greenwald, former SpaceX engineer, is currently the CEO of LXDX and the company just announced that it is launching its own public digital currency exchange. LXDX currently holds its own proprietary software that’s focused on levels of performance not currently seen in the current crypto market. LXDX offers a low…

Morgan Stanley Bitcoin Derivatives are Ready to Go

Morgan Stanley (NYSE:MS) plans to offer its customers complex derivatives that will be tied to Bitcoin (BTC), Bloomberg reported this morning. The Morgan Stanley Bitcoin derivatives will push the investment bank in the running with its competition currently dabbing in the cryptocurrency space. Morgan Stanley Bitcoin Derivatives According to a person familiar with the venture, Morgan Stanley, one of the world’s largest investment banks, is trying to create ways for its client to get involved in the digital currency market. Institutional investors have shown that they don’t want to actually…

Crypto Daily News: OKEx Founder Arrested by Shanghai Police and Man Lost Life Savings When Bitcoin (BTC) Crashed

In today’s edition of Crypto Daily News, we’ll cover the details of OKEx’s founder being arrested by Shanghai police and the story on the man losing his life savings after Bitcoin (BTC) crashed. Crypto Daily News: September 11th, 2018 OKEx Founder Arrested The top crypto news today revolves around the latest reports of OKEx’s founder, Star Xu, being arrested for fraud by Shanghai police. Sina News: Star Xu, founder of OKCoin/OKEX, is being investigated by Shanghai police. According to Lu Jun, officer at the local PD, Xu was suspected of…

Crypto Canada: First Block Capital Launches Canadian Bitcoin (BTC) Mutual Fund

Yesterday, First Block Capital Inc, a Canadian blockchain and cryptocurrency investment company, announced that its Bitcoin (BTC) trust has achieved mutual fund status in Canada. Due to this, it allows investors to place funds in registered accounts such as Registered Retirement Savings Plans (RRSP) or Tax-Free Savings Accounts (TFSA). Bitcoin Mutual Fund Block’s FBC Bitcoin (BTC) trust allows qualified investors to gain exposure to BTC without having to buy, store or manage the cryptocurrency. These trust units are considered a qualified investment for a mutual fund trust under the Tax…

Goldman Sachs CFO States Company ISN’T Ditching Bitcoin Trading Desk

If you’ve been monitoring the cryptocurrency market on a daily or weekly basis, you probably noticed that the market took a big nosedive this week. This is mostly due to the rumor going around mainstream media about Goldman Sachs (NYSE:GS) putting a stop to its Bitcoin exchange desk—a rumor that the Goldman Sachs CFO put a stop to. The story originated from Business Insider. There are other speculations as to why the market dropped, but the overall consensus comes down to panic selling because the giant investment bank pulled its crypto…

Crypto Daily News: Nearly 75% of Americans Know What Bitcoin is Now; Twitter Considering Blockchain

In today’s edition of crypto daily news, we’ll look at a new survey that shows that 80% of Americans have heard of Bitcoin, as well as at the details of Twitter looking in blockchain technology. Crypto Daily News: September 6th, 2018 Survey Shows 80% of Americans Know about Bitcoin Published today by the polling firm YouGov, a new poll shows that just under 50 percent of millennials in the US are interested in using digital currencies as a primary form of payment. This would be opposed to using the US Dollar.…

Experts Explain the Benefits of Bitcoin

Are you considering investing in Bitcoin? If so, you are not the only one. Thousands of people have already proceeded forward, while others are waiting in the balance. Of course, it is never wise to invest in a digital currency or other instruments without doing thorough research. It is also not wise to listen to other investors of Bitcoin. Instead, you should learn what the experts are saying about the cryptocurrency before investing. Believe it or not, there is a broad range of Bitcoin benefits. And once you know them,…

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) Crash

The cryptocurrency market is on the fritz this morning as most cryptocurrencies are in the red and seeing losses in the double-digital percentages. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are all taking significant losses today. Bitcoin Diamond, however, is currently seeing gains well above 100%. Many speculate that the fall of the crypto market today is due to the announcement that Goldman Sachs is pulling its cryptocurrency trading plans. This could very well be the case, as many investors see a potential crypto trading desk by Goldman Sachs as…

Abra CEO Claims SEC Will Approve Bitcoin (BTC) ETF Within the Year

Cryptocurrency enthusiasts and bulls have been hopeful that the US Securities and Exchange Commission (SEC) will grant the first Bitcoin ETF (exchange-traded fund) this year. However, these bulls have been left disappointed recently as the SEC has handed out a handful of rejections and postponements. Bill Barhydt, CEO of Bitcoin payment start-up Abra, told CNBC that it’s because the applications sent in haven’t fit the financial archetype that the SEC is looking for. Abra CEO Speaks Out “I think the issue with the SEC, quite frankly, is that the people…

What the Experts Want You to Know About Buying Bitcoin

Over the past few years, more and more investors have decided to enter the Bitcoin market. There is no doubt that cryptocurrencies have gained in popularity. At the same time, their prices have climbed higher and higher. Bitcoin has been at the forefront. This digital currency has really paved the way for other coins. Still, a lot of investors are worried about investing in Bitcoin. They do not believe that it is going to be a profitable investment in the long run. Within this guide, the experts will provide readers…