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…

Crypto Daily News: Chinese Central Banks Launches Testing of Blockchain Platform and Robinhood adds Candlestick Charts

In today’s edition of Crypto Daily News, we’ll cover the details of the Chinese Central Bank launching its blockchain platform and Robinhood launching candlestick charts on its app. Crypto Daily News: September 4th, 2018 Cryptocurrency News: Chinese Central Bank The People’s Bank of China (PBoC) has officially launched the beta testing phase of its blockchain trade finance platform, says local news outlet Shanghai Securities News. The Shanghai News source states the Shenzhen Central Sub-branch of the PBoC has entered its trial phase of the platform earlier than expected. This finance…

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…

Is Tourism the Next Sector to Benefit from Blockchain Technology?

Each day, more and more blockchain technology-based solutions are being developed across various major industries and applications globally. It’s also evident how the blockchain revolution has brought about great success, especially in the financial sphere. In fact, as time goes by, we expect to see more industries adopting this technology. The nascent rise of blockchain technology offers great potential for human efficiency. This can revolutionize some of the significant aspects of the technology, governance, and business. Also, it is tamper-evident, trust-free, and has cryptographic security features. In fact, corporations, governments,…

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…

SEC Rejects Nine Bitcoin (BTC) ETF Proposals

The US Securities and Exchange Commission (SEC) has rejected nine applications for Bitcoin ETF proposals. The SEC published three separate orders yesterday, highlighting the rejections from the three different applicants. SEC Says No to Bitcoin ETF Proposals This ruling is a blow to Bitcoin bulls who’d hoped the products would have provided a breakthrough for institutional adoption. Last night, the SEC published its rejection of two proposals from ProShares, two from GraniteShares, and five other products from Direxion. The rejections come just one day ahead of the deadline stipulated for a pair…

Eliminating Crypto Myths: Understanding When to Use Blockchain

As we move into a brave new financial world with cryptocurrency and blockchain solutions, capturing the essence of crypto in a bottle can be a tricky affair. As the benefits of blockchain and digital currencies are different for everyday users in comparison to businesses, it is important to differentiate between the two and to eliminate the myths and confusion that surrounds the blockchain industry. If you are looking to implement blockchain technology into your already-existing company, it is important to fully understand what blockchain is all about and when and when…

Crypto Daily News: Seven Premier League Teams Sign Deals with eToro; Bitcoin Carbon Footprint more than One Million Trans-Atlantic Flights

In today’s edition of Crypto Daily News, we’ll cover the seven premier league teams that just signed a deal with eToro for advertising. Also, we’ll touch on the new study out that shows Bitcoin’s carbon footprint now equals a million trans-Atlantic flights. Crypto Daily News: August 21st, 2018 Premier League & eToro It’s official. We’re bringing bitcoin to football 🙂 eToro has launched landmark partnerships with 7 Premier League clubs all paid using #bitcoin. “Blockchain can improve the experience for everyone who loves the ‘beautiful game’,” says eToro UK MD…

Why Experts Recommend Investing In Bitcoin

Over the past few years, more and more consumers have opted to invest in Bitcoin and other digital currencies. Some analysts believe that Bitcoin is nothing more than a sham. They suggest that it should be avoided by serious investors. Others believe that Bitcoin could pave the way for a valuable and profitable future. The truth of the matter is that Bitcoin offers a wealth of benefits. Within this article, consumers will learn a great deal more about the reasons experts recommend investing in Bitcoin at this point in time.…