Agree, accumulation / adoption in progress, then let it fly! The fact that institutional investments are on the rise along with increased adoption and the price remaining pretty much in the same range seems to tell that story. Here's a couple of examples from the long list of adoption below...
************* 06/5/2020 Financial Titan Fidelity Reveals Bitcoin (BTC) and Cryptocurrency Adoption Among Institutional Investors on the Rise
************* 06/5/2020 Mass Bitcoin Accumulation By Institutional Players. Institutions Are Scooping Up Bitcoin
Major Bitcoin Adoption UPDATED…….!
New entries are in Green text….
Why is major Bitcoin adoption important for INTV (for newbs)!
Bitcoin Adoption by date, newest to oldest. If this isn’t a sign of Bitcoin about to explode…
************* Date – Ongoing updates 250+ Places That Accept Bitcoin Payment (Online and Physical Companies). Has an interactive Map to Find Bitcoin ATM Locations Near You. https://icoholder.com/blog/places-accept-bitcoin/
************* Date – Ongoing updates Who Accepts Bitcoin as Payment? A 2020 survey by HSB reveals that 36% of small-medium businesses in the US accept Bitcoin. The most popular companies accepting Bitcoin payments worldwide today are: Wikipedia Microsoft Expedia AT&T Or, you can use this search engine https://spendabit.co/ that allows you to search for vendors by products. Read more: Who Accepts Bitcoins in 2020? List of 20+ Major Companies | 99Bitcoins https://99bitcoins.com/bitcoin/who-accepts/
************* 06/15/2020
OKEx Partners with Paxful Giving 100 Million Users Access to Extensive Payment Methods and Trading Tools 06/15/2020
OKEx (www.okex.com), the world’s largest futures exchange, has announced a strategic partnership with leading peer-to-peer marketplace Paxful (www.paxful.com). By joining forces, the two industry titans aim to further push the adoption of cryptocurrencies around the globe.
Paxful Kiosk will be integrated directly within the OKEx platform to allow new and existing users to benefit from a wide variety of payment options and advanced trading tools.
Paxful will act as a key fiat-to-cryptocurrency on-ramp for OKEx through the diversity of its payment methods for buying Bitcoin, particularly important in developing countries. The partnership will also provide OKEx users the opportunity to buy Bitcoin with more than 160 fiat currencies including the Turkish lira, the Indian rupee, and the Argentine peso, using convenient local payment methods enabled by the Paxful platform. These include bank transfers, domestic wires, online wallets, and gift cards, among others.
Paxful’s CEO and co-founder, Ray Youssef, said in a statement about the partnership:
“At Paxful, one of our goals is to help grow the crypto community. We admire OKEx’s work and know that our values and strategy are aligned. With this partnership, we hope to continue to build up the ecosystem together and make crypto more accessible as a real-world payment method.”
Via the integration, users can instantly match with sellers that meet the criteria of their trading needs in terms of currency and payment method, either through the Paxful or OKEx platform. Overall, more than 100 million users will benefit from this integration, not just in terms of freedom of payment options but also through exposure to OKEx’s high liquidity, cold storage features and a vast suite of trading products and tools.
For the first time, Paxful users will be able to access sophisticated trading options, such as spot, margin, and futures trading on OKEx. They can also take part in options trading through the OKEx DEX, giving them new possibilities in the derivatives markets that were not previously available to them.
Jay Hao, CEO of OKEx, also spoke to the importance of reaching more people with an array of on-ramp options, stating:
“We’re extremely enthusiastic about our partnership with Paxful as one of the most widely used and respected peer-to-peer BTC marketplaces. We’re firm believers in collaboration at OKEx and understand that we must work together to onboard more people to cryptocurrency. No one should work as an isolated island. The benefits of this partnership are huge both for Paxful and OKEx users. Together, we can reach and give more options to at least 100 million users.”
The partnership marks a big step for OKEx in terms of its presence in the developing regions of the world, including countries like India, Indonesia, Nigeria, Turkey, Russia, and Argentina, where the cryptocurrency scene is growing quickly. Working together, the two companies will provide easier access to the global cryptocurrency market. This will be a win-win for existing Paxful and OKEx users who now have a wider variety of payment methods, trading tools, and increased functionality.
For more information or to access the Paxful Kiosk on OKEx users can visit: https://bit.ly/3hrnuLj.
About OKEx The world’s largest and most diverse cryptocurrency marketplace, OKEx is where global crypto traders, miners, and institutional investors come to manage crypto assets, enhance investment opportunities, and hedge risks. We provide spot and derivatives trading, including futures, perpetual swap, and options, of major cryptocurrencies, offering investors great flexibility in formulating their strategies to maximize gains and mitigate risks.
About Paxful Paxful is a people-powered marketplace for money transfers with anyone, anywhere, at any time. Their mission is to empower the forgotten four billion unbanked and underbanked around the world to have control of their money using peer-to-peer transactions. The company, founded in 2015, has over 3 million customers globally who you can instantly buy and sell bitcoin with—using over 300 different payment methods.
As part of their mission Paxful also launched a social good initiative with the goal of building 100 schools funded entirely by bitcoin all across emerging markets. Paxful was co-founded in 2015 by Ray Youssef, Chief Executive Officer, and Artur Schaback, Chief Operating Officer.
Supported Payment Methods: PayPal, bank transfer, Payeer, Skrill, Google Pay, Western Union, KaKaoPay, Yandex.Money, iTunes gift card, M-Pesa, Mercado Pago, UPI Transfer, etc.
************* 06/10/2020 Microsoft’s Bitcoin-based decentralized identity tool, ION, went live with a beta version on mainnet Wednesday as one of many efforts by members of the Decentralized Identity Foundation (DIF) to fast-track tools anyone can use for COVID-19 crisis response programs.
************* 06/9/2020 Fidelity: Nearly 80% of institutional investors see the appeal of digital assets Quick Take • A survey of 800 institutions found nearly 80% of institutional investors see the appeal of digital assets • More than a third of such investors have already invested in the market • The survey found derivatives exposure has also increased substantially compared to 2019
************* 06/9/2020
Coca-Cola vending machines in Australia and New Zealand now accept bitcoin More than 2,000 Coca-Cola vending machines across Australia and New Zealand now accept bitcoin (BTC) as a payment option.
‘Bitcoin Billionaires’ Movie to Tell Winklevoss Bros’ Crypto Story.
The Winklevoss twins are bringing Bitcoin Billionaires to the silver screen along with former Warner Bros. president Greg Silverman.
Stampede Ventures — a production company owned by ex-Warner Bros. president Greg Silverman — has partnered with Cameron and Tyler Winkelvoss to produce a movie featuring the brothers’ story as portrayed in the best-selling book Bitcoin Billionaires.
According to the report published on Deadline, Silverman will be co-producing the movie along with Jon Berg, known for his work with superhero blockbusters such as Wonder Woman and Aquaman.
BAKKT Consumer Retail App, coming soon! Game Changer!!! BAKKT has laid out their user interface for the new app. They are getting close to releasing the app, said summer 2020. They have a sign up button for exclusive updates and early access listed below. https://www.bakkt.com/bakkt-app
Bakkt Raises $300M Series B From Microsoft, Pantera
Crypto derivatives provider Bakkt closed a $300 million Series B fundraising round and shared additional details about its upcoming mobile application in a blog post Monday.
According to the post, authored by CEO Mike Blandina, Microsoft’s M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital, Pantera Capital and Bakkt parent firm Intercontinental Exchange (ICE) all participated in the funding round.
Blandina also referenced Bakkt’s acquisition of Bridge2 Solutions, a loyalty services provider first announced in February 2020. Bakkt, which focused on launching bitcoin futures and options contracts with its parent firm ICE over the first year of operations, announced in October it would be targeting a retail clientele with a consumer-focused app.
ICE CEO Jeffrey Sprecher said during a February earnings call that he saw the acquisition of Bridge2 as potentially opening Bakkt up to an asset class worth $1 trillion.
“I’m excited at our potential to unlock nearly $1 trillion of digital assets when the Bakkt app launches this summer,” Blandina wrote Monday. “With the completion of our Series B financing and recent acquisition of Bridge2 Solutions, Bakkt is now a team of 350 employees and powers the loyalty redemption programs for 7 of the top 10 financial institutions and over 4,500 loyalty and incentive programs including two of the largest US airlines.”
The company plans to launch the app by the summer, Blandina said.
************* 06/5/2020 Mass Bitcoin Accumulation By Institutional Players. Institutions Are Scooping Up Bitcoin
According to technology data analyst Kevin Rooke, Grayscale Investments has seen an influx of Bitcoin investment activity over the past few weeks.
Analysis found that in the past week alone, the American firm added 9,503 BTC to their Trust holdings while miners produced 6,863 coins over that same time frame. Grayscale bought these coins in response to client demand for shares of the Trust, which trade under the “GBTC” ticker.
Analysts see this as bullish because the clients of a single Bitcoin firm are absorbing more coins than are minted each week. (MORE DEMAND THAN SUPPLY!!!!!!!!!!!!!!!)
As a pertinent aside, there’s been a similar trend transporting with Grayscale’s other flagship product: the Grayscale Ethereum Trust (ETHE).
A top industry analyst shared on June 4th that the Trust traded at $239.50 a share, more than 1,000% higher than the value of the Ethereum backing the asset. This suggests strong retail and institutional accumulation. https://bitcoinist.com/analyst-mass-bitcoin-acccumulation-institutions/
************* 06/2/2020 Get on the train': Famed investor Michael Novogratz says bitcoin will soon break the $10,000 threshold as US turmoil spreads (BTCUSD)
Famed investor Michael Novogratz tweeted on Monday that bitcoin will soon take out the $10,000 resistance level, telling his followers, "Get on the train."
Novogratz said that turmoil spreading throughout the US only adds to the bitcoin narrative, with budget deficits likely to increase as municipalities grapple with depressed business due to the coronavirus pandemic as well as a surge in looting and rioting due to the George Floyd protests.
Novogratz isn't the only famed investor bullish on bitcoin. Hedge fund manager Paul Tudor Jones recently detailed his bullish views on bitcoin, as well as billionaire investor Chamath Palihapitiya.
Michael Edward Novogratz is an ex-hedge fund manager, formerly of the investment firm Fortress Investment Group. He was ranked a billionaire by Forbes in 2007 and 2008. Prior to joining Fortress, he was a partner at Goldman Sachs where he spent much time abroad including leadership roles in Asia and Latin America... https://en.wikipedia.org/wiki/Michael_Novogratz
Some have argued whether Bitcoin is an Asset. Looks like China gets it! They even went as far as to make it law. This is the digital age and continued proof of major adoption.
China's Bitcoin laws will make the Chinese people and Institutions confident they can move their hard earned money into BTC and ETH.
************* 05/30/2020 China Passes Law Protecting Cryptocurrency Inheritance China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum are properties protected by law.
China is making sure their people can leave Bitcoin and Ethereum to their ancestors! More major Adoption signs!
************* 05/29/2020 Bitcoin IRA shows signs of increased demand for Bitcoin inside IRA & 401(k) accounts.
Here's why the halving is a big deal. Even J. K. Rowling could understand this infographic by bitcoinira.com.
More adoption..... "Our internal data at Bitcoin IRA shows signs of increased demand for Bitcoin inside IRA & 401(k) accounts," explains Chris Kline, COO and Co-Founder at Bitcoin IRA, citing record transaction volume in April and May of 2020. "As more investors look for retirement alternatives to the traditional stock market and awareness of cryptocurrency continues to build, a promising trend will continue for Bitcoin." https://www.thestreet.com/press-releases/bitcoin-ira-trade-releases-new-infographic-on-bitcoin-s-major-halving-event-15335352
************* 05/27/2020 Bitcoin Institutional trading volume doubled in the last three months. Bitcoin Adoption, acquisitions and business relationships continue. The Big Boys are jumping in. Let's look at some recent news.
May 27, 2020 A High-Profile Acquisition Shows Bitcoin Demand from Institutions is Surging - Coinbase Buys Institutional-Oriented Bitcoin Brokerage Tagomi.
Coinbase said that the trading volume from professional and institutional traders doubled during the last three months compared to the previous three months.”
Coinbase hasn’t offered more details about the acquisition figures, but the fact that Tagomi is a well-established company speaks volumes. It was launched about two years ago with funds from Digital Currency Group, Founders Fund, and Collaborative Fund. Former head of Goldman Sachs’ electronic trading, Greg Tusar, co-founded the firm with Jennifer Campbell and Marc Bhargava. https://bitcoinist.com/a-high-profile-acquisition-shows-bitcoin-demand-from-institutions-is-surging/
Greg Tusar Founder, CTO. Drawing on over a decade of experience as Global Head of Electronic Trading at Goldman Sachs, Greg oversees all operations and technology functions at Tagomi. Greg knows what infrastructure needs to be built for those seeking an institutional experience. https://tagomi.com/about/
Is JP Morgan’s announcement on taking on two well-known bitcoin exchanges, Coinbase Inc. and Gemini Trust Co., as banking customers a coincidence!
May 12, 2020 JPMorgan Chase & Co. has taken on two well-known bitcoin exchanges, Coinbase Inc. and Gemini Trust Co., as banking customers, according to people familiar with the matter, the first time the bank has accepted clients from the cryptocurrency industry.
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, with total assets of US$2.687 trillion. https://en.wikipedia.org/wiki/JPMorgan_Chase
************* 05/17/2020 Bitcoin has outpaced traditional markets and more than doubled the gains for gold throughout the first half of the year. Despite the global economic unrest caused by the coronavirus pandemic, Bitcoin has managed to surpass traditional equity markets and precious metals in terms of gains. While gold has been touted as a hedge asset against looming economic turmoil, Bitcoin has proven to be the more fortuitous asset. https://www.cryptoglobe.com/latest/2020/05/bitcoin-vastly-outperforming-gold-so-far-in-2020/
************* 05/16/2020 Elon Musk Reveals BTC Holdings in Bitcoin Discussion With J.K. Rowling While Elon holds a small amount of Bitcoin, the fact that he is liquidating every but Bitcoin is a sign. Musk also indicated that Tesla “might get into mining” last year. Another sign. Also sounds like J.K. Rowling is interested in Bitcoin, perhaps one of her upcoming books or movies or as an investor all of it, not to mention all her 14.6 million Twitter followers. https://www.investing.com/news/cryptocurrency-news/elon-musk-reveals-btc-holdings-in-bitcoin-discussion-with-jk-rowling-2174451
************* 05/13/2020 “Buy Bitcoin,” Another Billionaire VC Tells Investors Looking to Escape Massive Deflation
Bitcoin is a hedge in a deflationary cycle, said billionaire venture capitalist Chamath Palihapitiya in a Tuesday morning interview with CNBC. The Virgin Galactic chairman and Social Capital CEO commended the cryptocurrency for its lack of correlation with traditional markets.
He further cited Paul Tudor Jones, a billionaire hedge fund manager, for taking a similar safe-haven call regarding Bitcoin. When the question about where investors should put their capital as the economy shrinks popped, Palihapitiya recommended Bitcoin.
************* 05/12/2020 JPMorgan Extends Banking Services to Bitcoin Exchanges. JP Morgan has decided to extend banking services to cryptocurrency exchanges, including Gemini and Coinbase. The crypto crowd is sure to crow about the 180 turn from JP Morgan CEO Jamie Dimon’s comments about the legitimacy of bitcoin. What is shown is a maturation of the sector, which now features two different futures contracts, bitcoin and ether. https://ih.advfn.com/stock-market/NYSE/jp-morgan-chase-JPM/stock-news/82434265/jpmorgan-extends-banking-services-to-bitcoin-excha
Cryptocurrency Exchange to Buy Bitcoin and Ethereum | Gemini https://gemini.com
Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more https://www.coinbase.com
Some have argued whether Bitcoin is an Asset. Looks like China gets it! They even went as far as to make it law. This is the digital age and continued proof of major adoption.
There will be some backward thinking individuals running some companies that don't want to accept it, we've seen that countless times and then many do a 180. The train is barreling down the tracks.
************* 05/08/2020 Bitcoin’s Bull Run Could 'Potentially' Go to $1M, Says Former Hedge Fund Manager
************* 05/07/2020 References to Bitcoin on social media site Twitter are up 313% since January, as interest driven by the upcoming Bitcoin halving heats up. • Bitcoin’s Twitter presence more than quadrupled in 2020. • Google Trends data also demonstrates heightened interest in Bitcoin https://decrypt.co/28104/twitter-going-gaga-for-bitcoin-pre-halving
************* 05/07/2020 New data from the crypto analytics platform Glassnode shows that the number of active Bitcoin addresses is now at levels not witnessed since the parabolic bull run of 2017, suggesting “an increase not just in activity, but also in adoption” is underway. Bitcoin (BTC) Active Addresses Reach Levels Not Seen Since 2017 Bull Market https://dailyhodl.com/2020/05/07/bitcoin-btc-active-addresses-reaches-levels-not-seen-since-2017-bull-market/
************* 04/23/2020 Binance Spinoff “Bundle” Aims To Be Bitcoin-Powered Venmo Of Africa Bundle is essentially a social payments app, similar to Venmo or Square’s Cash App. Last year, Bademosi became a director at the venture capital arm of the world’s largest cryptocurrency exchange Binance, which trades $1.5 billion in crypto assets each day. And today he is excited because he’s launching Bundle, one of six African startups the Malta-based crypto exchange is now funding, and the first it launched. The startup is being run by Africans in an effort to get people on the continent to use cryptocurrency, not as an investment vehicle, but as a global means of exchange. Bundle is essentially a social payments app, similar to Venmo or Square’s Cash App. The new app lets users send, receive and spend bitcoin, ether, and Nigerian naira with little more than the recipient’s phone number. https://www.forbes.com/sites/michaeldelcastillo/2020/04/23/binance-spinoff-aims-to-be-bitcoin-powered-venmo-of-africa/#b1777a85209d
************* 04/03/2020 Revolut Brings Bitcoin Without Private Keys to 10m+ Users USD 5.5bn fintech Revolut has decided to open crypto trading feature to their "standard" customers earlier than planned, thus helping crypto adoption and securing another revenue stream during the global financial and economic turmoil, triggered by the COVID-19 pandemic. https://cryptonews.com/news/revolut-brings-crypto-without-private-keys-to-10m-users-6201.htm
************* 03/28/2020 Binance Launches Crypto Card The company has stated that the Card operates similarly to the existing debit cards but It will empower consumers to make payments for services and shopping with digital currencies. https://www.coincurb.com/news/binance-launches-crypto-card/
************* 03/30/2020 Number of Addresses with BTC 1 Rising, while Bitcoin is Leaving Exchanges
Crypto market researcher Glassnode said that on March 29, more than two weeks after the crash, the number of addresses with at least one whole coin reached yet another all-time high of 797,632. And this seems to be a relatively stable trend, as just one day before, it hit an all-time high as well, reaching 797,580. To put it in perspective, this is 52 more wallets in a day reaching that coveted wholecoiner status. https://cryptonews.com/news/number-of-addresses-with-btc-1-rising-while-bitcoin-is-leavi-6154.htm
************* 03/27/2020 Venezuelans Use Bitcoin as Gateway to Buy Foreign Fiat - Research
************* 03/26/2020 Japanese Investors Taking Advantage Of Bitcoin Sell-Off – Exchange According to a blog post by Yuya Hasegawa, market analyst at the Japanese crypto exchange bitbank, the number of new account registrations on their platform rose by about 40% compared to the 2020 average the week after the major crypto market crash on March 12. https://cryptonews.com/news/japanese-investors-taking-advantage-of-bitcoin-sell-off-exch-6135.htm
************* 03/16/2020 French court officially recognizes Bitcoin as money
According to lawyer Hubert de Vauplane from Kramer & Levin, this decision means that Bitcoin is legalized as money. In his view, the number of Bitcoin transactions from France could now increase significantly. In addition, Bitcoin can be linked to investment and savings products. For example, loans could be provided with Bitcoin as security. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154370066
************* 03/16/2020 Bitcoin GAME CHANGER
Bakkt Raises $300M Series B From Microsoft, Pantera. The Bitcoin Consumer-Retail app answer backed by Microsoft. Summer delivery is just around the corner to unlock nearly $1 trillion of digital assets. Just a matter of time. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154363188
************* 03/04/2020 Cryptocurrencies now legal in India. The economy of India is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP)! https://en.wikipedia.org/wiki/Economy_of_India
The Future Lies in Bitcoin Says Shark Tank’s Robert Herjavec Bitcoin is the future method of payment that will be accepted by most consumers, due to its ease of use, and prices will likely skyrocket said Robert Herjavec, founder and CEO of Herjavec Group.
************* 02/22/2020 Payments provider Square has won a U.S. patent for a new network that enables seamless crypto-to-fiat transactions.
“The present technology permits a first party to pay in any currency, while permitting the second party to be paid in any currency,” reads Square’s application. The network itself can automatically exchange the sender’s payment into the asset specified by the receiver...... https://finance.yahoo.com/news/jack-dorsey-square-wins-patent-160000239.html
************* 02/21/2020 Jack Dorsey’s Bitcoin-Buying Cash App Is Blowing Up On TikTok. The Surprising Way Millions Are Being Introduced To Bitcoin.
************* 02/20/20 Morgan Stanley buying digital stock brokerage E*Trade for $13 billion.
It may also bring the wealth management giant closer to cryptocurrency markets. E*Trade reportedly toyed with launching a bitcoin (BTC) and ether (ETH) trading platform in April 2019. That service could now get wrapped into Morgan Stanley’s, though there’s no word yet on what that would look like. https://finance.yahoo.com/news/morgan-stanley-buys-e-trade-173405328.html
************* 02/11/2020 Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar
************* 02/11/2020 40 Banks in Germany Declare Intent to Offer Crypto Services Under New Law.
One of the first financial institutions to offer cryptocurrency services is Solarisbank in Berlin. The bank launched a subsidiary, Solaris Digital Assets, in December last year to drive the adoption of digital assets. “As a subsidiary of Solarisbank AG, Solaris Digital Assets plans to fulfill the regulatory requirements of the German market and ensure the compliant storage of digital assets, so that partners do not have to apply for a license themselves,” the company affirmed at the time. In the event of a successful application for a custody license from BaFin, the bank plans to store bitcoin and other cryptocurrencies on behalf of the customer, Handelsblatt conveyed.... https://news.bitcoin.com/banks-germany-crypto/
************* 01/08/2020 5 million retail traders, custody of $6 billion worth of assets. Adoption continues.
A DeFi service and tech provider says its “Cloud SaaS” and white-label crypto trading platform solution has served more than 130 partners around the world — onboarding more than 5 million retail traders and taking custody of assets worth $6 billion as a result.
Bluehelix says it provides crypto-to-crypto trading, wealth management, over-the-counter services, as well as options contracts. Currently, it has also launched perpetual contracts to licensed brokers and exchanges with both Tether (USDT) Margin Swap and Coin Margin Swap — either on a Software-as-a-Service basis or via a white-label solution. Bluehelix states its SaaS cloud solution enables partners to establish their own trading platform business with no need to start it from the ground, and with decent liquidity for mainstream coins or even on derivative products... https://cointelegraph.com/news/crypto-trading-platform-to-help-exchanges-compete-with-industry-giants
************* 12/24/2019 Recently, Eligma’s GoCrypto merchant network has been joined by craft beer producer Brewdog in Hungary’s capital city, Budapest, and Burger King in Slovenia, with the latter being the first physical Burger King location in the world to accept crypto.
As such, GoCrypto now enables customers to use digital currency as a means of payment in more than 730 physical locations across the globe...
************* 09/23/2019 BAKKT went live Trading of the Bakkt Bitcoin (USD) Daily and Monthly Futures contract began on Sunday, September 23, 2019. https://www.theice.com/publicdocs/Bakkt_faq.pdf
************* 08/19/2019 Japanese Giant Rakuten Officially Launches Cryptocurrency Exchange (Amazon’s rival) Rakuten, the largest e-commerce company in Japan which serves well over 1.2 billion individuals globally with its e-commerce and payments services, has officially launched a cryptocurrency exchange.
************* 08/16/2019 Bitcoin Price Surges 10% in 48 Hours as Bakkt Countdown Begins By CCN Markets: Bakkt, a bitcoin futures trading platform operated by ICE, the parent company of the New York Stock Exchange (NYSE), finally received approval from the Commodities and Futures Trading Commission (CFTC) to initiate its long-awaited launch. "Our contracts have already received the green… https://www.ccn.com/bitcoin-price-bakkt-launch/
************* 08/01/2019 COINBASE CEO: Institutions deposit $ 200-400 million in cryptocurrencies per week Inflow of $200 million to $400 million per week from institutional clients..
************* 07/02/2019 TD Ameritrade-Backed ErisX Gets Green Light to Settle Futures in Bitcoin, ...from a tweet. And the beat goes on and BTC goes up! The U.S. Commodity Futures Trading Commission (CFTC) has cleared the way for crypto derivatives provider ErisX to offer futures contracts with a new license approval Monday... https://www.coindesk.com/td-ameritrade-backed-erisx-gets-green-light-to-settle-futures-in-bitcoin
************* 06/19/2019 MetLife Plans To Disrupt $2.7 Trillion Life Insurance Industry Using Ethereum Blockchain. Less than two weeks ago MetLife announced that it would use Ethereum blockchain to streamline the processing of life insurance claims and StateFarm and USAA are reported to be following suit. In fact, less than two weeks ago MetLife announced that it would use Ethereum blockchain to streamline the processing of life insurance claims and StateFarm and USAA are reported to be following suit. Mastercard, Visa, Bank of America, and a growing list of companies are regularly filing blockchain-related patents and hiring blockchain developers at an increasing rate. The mass adoption of blockchain by these massive insurance and banking corporations is no laughing matter as life insurance is currently a $2.7 trillion dollar industry. https://www.forbes.com/sites/stevenehrlich/2019/06/19/metlife-plans-to-disrupt-2-7-trillion-life-insurance-industry-using-ethereum-blockchain/#7b2f9d622770
