Starbucks Going Digital Bucks a ‘Very Big Deal’ for Crypto, Says Tom Lee

Tom Lee remarks on a new ‘roadmap’ that has been unveiled, encouraging institutions to back crypto groundwork. Intercontinental Exchange (ICE), “a leading operator of global exchanges such as the New York Stock Exchange (NYSE), clearinghouses, data and listings services,” announced its new platform Bakkt Friday. Intercontinental Exchange hopes to collaborate with a suite of companies like Starbucks and …

Starbucks, Microsoft, and ICE to Launch Bitcoin Payments Provider

Big corporate names, including Starbucks, Microsoft, and Intercontinental Exchange, are partnering up to launch an integrated platform that enables consumers and institutions to buy, sell, store, and spend digital assets on a seamless global network. Leveraging Microsoft’s cloud solution, the open and regulated global ecosystem for digital assets may be the tool Starbucks was looking for …

Financial Services Firm Opens Doors to Crypto Hedge Funds

The crypto industry has received another boost with the entry of financial services giant Northern Trust in a quiet but significant move. The firm, which manages over $10.7 trillion in assets, has added blockchain features into its private equity workflow, while extending its administration services to a select group of hedge funds betting on digital …

Institutions Need To Start ‘Dancing’ With Bitcoin, Says Susquehanna Exec

Financial institutions are “looking on the dancefloor” with Bitcoin, “but nobody’s dancing” – that’s according to Susquehanna head of digital assets Bart Smith told mainstream media August 1. ‘$400 Million – It’s Not Nothing’ In an episode of the network’s Fast Money segment, Smith addressed industry sentiment and what needs to happen for institutional investors …

The Alternative Way to Launch your Altcoin

The crypto-landscape is awash with ICOs touting the latest solution to a problem you didn’t even know you had. Each week sees the launch of multiple new coins in blazes of glory, with features designed to overcome the flaws of the previous week’s big thing. It is sometimes easy to forget that Bitcoin itself had no …

Augur Prediction Market Hosts Trump Assassination Wagers

A prediction market application recently launched on the Ethereum network allows punters to place wagers on whatever they like. So far, among the bets made using the Augur platform have been predictions about whether the likes of Donald Trump, Jeff Bezos, and Warren Buffet will be murdered. Will Augur Utilise the Wisdom of the Crowd …

An Australian Blockchain Experiment: Tracking Global Almond Shipments

Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain. The Experiment Originating in …

BTC Price Analysis: Strong Weekly Close Favors Bulls

Bitcoin (BTC price) had another very strong week, with the ETF hype continuing to apply upward pressure to price action.  STRONG WEEK FOR BTC PRICE BULLS Bitcoin price 00 punched through the 200 daily EMA early on Monday Morning, where it quickly became support and provided a Launchpad to the 1.618 Fibonacci target of $8,515 …