A $1 Billion Crypto Investment Vehicle In Works ‘For Institutional Investors’

UK asset management firm Elwood plans to develop a giant $1 billion bitcoin and cryptocurrency investment venture, it says. Elwood Expands Cryptocurrency Exposure Quoted by the Financial Times on August 30, Elwood, which is owned by billionaire Alan Howard, revealed it wants to funnel cash into crypto hedge funds.  The company is no stranger to the crypto investment space, having launched a Blockchain exchange-traded fund (ETF) in March.  According to the Times, Elwood “is working on a platform that would design portfolios of crypto funds for institutional investors.” Commenting to…

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Check Out the New Featured Tokens on Bitcoin.com’s Markets Page

Markets.Bitcoin.com has just launched a Featured Tokens page, allowing coin creators with unique tokens to apply for a listing through a simple review process. Each token listed on Bitcoin.com’s upcoming exchange, launching Sep. 2, will also be listed at markets.Bitcoin.com, providing great exposure and detailed data for projects making a splash in the BCH community and elsewhere. Also Read: PR: Australian Bitcoin Cash Conference Brings Cryptocurrency Leaders to Townsville Featured Tokens Galore Featured Tokens is a new section of markets.Bitcoin.com, displaying BCH-friendly tokens with unique selling points and offerings, vibrant…

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Bitcoin ‘Failed Safe Haven Test’ Again: Goldbug Schiff

Bitcoin proponents have rallied round to denounce gold bug Peter Schiff after he said the cryptocurrency has proven it is not a safe haven. Schiff: Bitcoin Failed ‘Again’ In a Twitter debate on August 29, Schiff used the sudden weakness in the Bitcoin price to suggest it was an unreliable alternative investment to assets such as stocks and fiat currency. He rejected previous theories that BTC could help investors looking to hedge risk from exposure to factors such as the US-China trade war. Bitcoin lost around 8% on Thursday, taking…

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Bitcoin Price Uptrend Still Solid Despite Fall Below $10,000

When crypto markets fall hard in a few hours panic usually sets in. A torrent of sell orders usually floods the market until Bitcoin price finds support. This is exactly what happened yesterday, but zooming out will provide an opportunity to breathe as not all is as bad as it seems. Bitcoin Takes a Breather Since its big slide yesterday, bitcoin has found support in the $9,500 region according to Tradingview.com. There has been no attempt at recovery just yet so further losses could be imminent. Over the course of…

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Agorism and Bitcoin: Free People Don’t Ask Maxine Waters for Permission

Anti-agorism Congressional Representative Maxine Waters still has misgivings about Facebook’s proposed Libra digital currency, even after meeting with Swiss government officials to discuss the tech last week. The sustained reservations echo the message of July’s open letter from the House of Representatives to Facebook, calling for a halt on Libra’s ongoing development. While many view regulation and careful legislative feet-dragging a troublesome necessity for crypto mainstreaming, agorists, anarchists, and other free marketeers see a critical problem: the tech is already here, and how we use it in non-violence is nobody…

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Crypto Lending Platforms Prepare to Assail the Banking System

The battle lines have been drawn and the troops assembled. On the one side stands the combined might of the banking cartels, centuries of deeply entrenched financial infrastructure supporting them. And on the other side stands a handful of crypto companies armed with little more than a passionate plea: “Ditch the legacy system and come join us. Where we’re going, you won’t need banks.” It’s an enticing call – but is anyone heeding it? Also read: Crypto Salaries Gain Regulatory Recognition Around the World Crypto Lending: Innovation or Emulation? Every…

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Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests

The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves from China’s system. Also Read: Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products Hong Kong Protests Continue Into the 12th Week It’s been more than 12 weeks of protests in Hong Kong that started with the…

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‘10K Is The New 6K,’ Says Popular Bitcoin Trader

As bitcoin prices continue to post strong rallies, traders are looking at higher potential valuations for BTC/USD on a long-term trend basis.  Not surprisingly, many of these projections deal with important psychological levels that may be likely to guide market activity. By most accounts, market valuations in BTC/USD have had a strong year.  Bitcoin has already established gains of more than 157% while the benchmark S&P 500 is currently trailing far behind with gains of just 16.6%.  Most interestingly, this BTC/USD outperformance has notable because it has occurred even as…

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3 Reasons Why Bitcoin Price Has Crashed Today

Bitcoin has lost almost 7% during the last 24 hours, according to Coinmarketcap data, taking analysts by surprise. Here are main reasons why the cryptocurrency is testing new support levels right now. CME’s Bitcoin Futures Bitcoin’s latest crash, which started on Wednesday afternoon, sent prices below the $9,500 level for the first time since July. While it’s difficult to determine an evident catalyst of the bearish trend, some suggest that we should have a look at CME and other platforms providing crypto derivatives trading. This Friday coincides with the expiration…

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Blockchain Revenues and Crypto Education Surges as Industry Gathers Momentum

Looking beyond short term market peaks and troughs paints an entirely different picture for the crypto industry. Doom merchants and mainstream media will have a riot when bitcoin prices plummet ten percent, but they rarely acknowledge industry interest which can be measured in education. Crypto Studies Double in 2019 According to US crypto exchange Coinbase, student interest in cryptocurrencies has doubled in 2019. The San Francisco based firm recently released its second annual report which covers the state of crypto and blockchain in higher education. As part of its recruiting…

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