Bakkt, a bitcoin futures exchange backed by the Intercontinental Exchange (ICE), announced that it is launching custodial services for institutional enterprises. This is not the first organization to provide bitcoin custody, but the firm believes that it would set the stage for the mass adoption of the technology. Continue reading Bakkt to Provide Bitcoin Custody but Its Product Raises Questions
Tag Archives: But
Ripple CEO No BTC Bear but Insists XRP Beats Bitcoin for Payments
In a recent interview on Anthony Pompliano’s Off The Chain podcast, Brad Garlinghouse, the CEO of Ripple, provided unprepared answers to questions sourced from crypto Twitter regarding the operations of Ripple and XRP, Ripple’s XRP sales, and the cryptocurrency ecosystem broadly. Continue reading Ripple CEO No BTC Bear but Insists XRP Beats Bitcoin for Payments
Trading Bitcoin Is Like Gambling in Vegas. But With Worse Odds
In regards to risk, bitcoin is nothing more than pure gambling. Worse, bitcoin gamblers face odds that are worse than found at even the worst table games in Las Vegas. It is worth nothing. Continue reading Trading Bitcoin Is Like Gambling in Vegas. But With Worse Odds
BRIAN KELLY IS SHORT-TERM BEARISH BUT SEES ‘GENERATIONAL OPP’ IN BITCOIN
The bitcoin price might have broken back above the $10,000 level today, but one notable trader isn’t impressed. Speaking on CNBC, crypto investor Brian Kelly, who is usually the biggest bitcoin bull in the room, made it clear that he has turned bearish on BTC/USD despite its recent bounce. Longer-term, however, Kelly still believes there is a “generational buying opportunity” coming in bitcoin. But he doesn’t see it just yet. Continue reading BRIAN KELLY IS SHORT-TERM BEARISH BUT SEES ‘GENERATIONAL OPP’ IN BITCOIN
IRS Claims to Prioritize Tax Rules for Crypto Investors but Lacks Urgency
Cryptocurrency investors may soon have more clarity on how the IRS will tax their holdings now that the agency has said it is making that a priority. Continue reading IRS Claims to Prioritize Tax Rules for Crypto Investors but Lacks Urgency