Wall Street-Turned-Crypto Exec Novogratz Says ‘Enough Already’ To BCH-Promoting Tweet
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Wall Street-Turned-Crypto Exec Novogratz Says ‘Enough Already’ To BCH-Promoting Tweet
Wall Street-Turned-Crypto Exec Novogratz Says ‘Enough Already’ To BCH-Promoting Tweet Former Wall Street executive Michael Novogratz weighed in on the bitcoin (BTC) vs bitcoin Cash (BCH) debate in a tweet Saturday, May 5. Novogratz defended BTC’s status as the original cryptocurrency referred to in Satoshi Nakamoto’s 2008 whitepaper, and the true holder of the ‘bitcoin’ brand. bitcoin@bitcoin 4 May bitcoin…
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bitcoin Price Weekly Analysis – BTC/USD Could Settle above $10,000
bitcoin Price Weekly Analysis – BTC/USD Could Settle above $10,000 Key Points bitcoin price is trading with a positive bias and it currently placed nicely above $9,500 against the US Dollar. There is a major bullish trend line forming with support at $9,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).…
bitcoin Core 0.17.1 Released bitcoin Core version 0.17.1 is now available for download containing several bug fixes and minor improvements. For a complete list of changes, please see the release notes. If have any questions, […]
is a financial corporation that is based in Canada. According to a recent , the Canadian finance firm has filed a preliminary prospectus for Canada’s first bitcoin ETF. The bitcoin ETF is going to be called “BITS” and will be an easy and fast way for stock investors to indirectly invest into the decentralized cryptocurrency. The CEO and President of Evolve Funds, Raj Lala, commented the report with following words:
Accessing bitcoin is not easy for many – it is a very complicated and expensive process as investors are currently unable to trade them in a regular brokerage account.
He also added:
An ETF tied to the price of bitcoin could be a simpler way for investors to participate in its growth. bitcoin is an online currency that can be sent and received by anyone in the world, relying on computers to control the transfer and creation of money without human intervention. It’s the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. As more and more of the world goes digital, usage of cryptocurrencies could increase significantly in the coming years.
The idea of a bitcoin ETF isn’t exactly new. In the past few years, the U.S. Securities and Exchange Commission (or SEC) has rejected several proposals of bitcoin ETFs. The most famous is the one of the Gemini exchange founders, Cameron and Tyler Winklevoss. The most recent news suggests that the SEC is going to again the bitcoin ETF proposal of the Winklevoss twins. In case the Canadian bitcoin ETF gets approved, it could open up bitcoin for a lot of interested individuals that want to invest in the digital currency.
What are your thoughts on the Canadian bitcoin ETF? Do you think that it will be approved in the future? Let us know in the comments below!