Archive | Americas

Horizons Blockchain ETF Launching on Toronto Stock Exchange

The Horizons Blockchain Technology and Hardware Index exchange traded fund (ETF) will be launching on the Toronto Stock Exchange on 21 June 2018 under the ticker symbol BKCH. The co-CEO of Horizons ETF’s Management Canada Inc, Steve Hawkins, says this ETF will be different from others since it will focus on the hardware and services infrastructure […]

Goldman Sachs Considering Crypto Trading Services

The chief operating officer of Goldman Sachs, David Solomon, said clients are asking to trade cryptocurrency so the firm is holding discussions to consider that possibility. He says Goldman Sachs must “evolve its business and adapt to the environment”. Goldman Sachs is a multinational investment bank headquartered in New York City that offers asset and investment […]

Law Firm Verifies Tether Backed By USD Bank Reserves

Tether has been under intense scrutiny recently after a study alleged that Tether was responsible for manipulating Bitcoin’s price during the rally to USD 20,000, and that Tether was possibly adding new coins into circulation with the purpose of pumping up Bitcoin’s price without backing them with USD, which would effectively be money printing. The […]

Anheuser-Busch Launches “First” Mobile Ad Campaign with Blockchain Tech

Anheuser-Busch InBev has partnered with Kiip to launch what it claims to be the first mobile ad campaign in history that uses blockchain technology. In particular, it uses Kiip’s ‘Single Ledger’ blockchain product. Kiip provides customers with tangible rewards for in-app actions and in-game achievements, instead of the traditional advertising style where users are interrupted by […]

US Homeland Security Piloting Blockchain Tech to Secure Borders

The US Department of Homeland Security Science and Technology Directorate has awarded Factom a USD 192,380 grant and will possibly award up to a total of USD 800,000 as part of the Silicon Valley Innovation Program (SVIP) to integrate critical infrastructure such as cameras and sensors with blockchain technology. This project began in 2016 when […]

Walmart Patenting Blockchain Tech for Life-Saving Medical Wearables

Walmart has filed a patent with the United States Patent and Trademark Office (USPTO) for blockchain technology that stores critical personal medical information in a wearable device that can be accessed by paramedics during an emergency. This technology could save lives if a patient is unresponsive since paramedics will be able to get all the […]

Zero Correlation Between Stock Market and Bitcoin Price According to Financial Research Expert

The Director of Research at Pension Partners, Charlie Bilello, has found zero correlation between the S&P stock market index and the price of Bitcoin in data stretching back to 2010. This debunks a popular theory that Bitcoin and the stock market were correlated since they both reached record highs near the beginning of 2018. Since May […]

Tim Draper: Crypto Market Will See $100 Trillion Cap by 2028

Venture capitalist and Bitcoin bull Tim Draper has predicted that by 2028 the cryptocurrency market will be capped at USD 100 trillion, despite the recent downturns in the market. Draper has become notorious in the industry for his seemingly outlandish predictions, and this one does not largely differ from this trend. The current market cap […]

CBOE Considering Ethereum Futures After SEC Decision

The President of the Chicago Board Options Exchange (CBOE), Chris Concannon says Ethereum futures could be available soon, following a decision from the Securities and Exchange Commission (SEC) that Ethereum won’t be regulated as a security. The CBOE President says this decision gets rid of a major stumbling block that was hindering the path towards legally […]

3.4 Million USD Property Designed by Frank Lloyd Wright’s Student Can Be Purchased With Bitcoin

A luxurious mansion at 200 Panoramic Way in Berkeley, California named ‘Panoramic Sky’ is on sale for 3.388 million USD. The mansion was designed by Daniel Liebermann, who was the student of Frank Lloyd Wright. According to listing agent Emma Prok of Climb Real Estate, the seller is considering Bitcoin or other forms of cryptocurrency […]

Venezuela Targets Bank Accounts for Crypto Sold at “Speculative Prices”

The Venezuelan government has announced that it will start monitoring accounts of its nationals who conduct cryptocurrency transactions. Vice President Tarek El Aissami explained that the government will start monitoring bank accounts for crypto-related transactions and will prosecute those trading them “at speculative prices,” according to Bitcoin.com. The new drive to monitor Venezuelan citizens’ bank accounts follows […]

Montana County Postpones Bitcoin Mining Suspension

Missoula county of the US state Montana has postponed ruling on a decision as to whether Bitcoin mining initiatives should be shut down, as well as the banning of any new projects. The final decision will now be made in August. A lack of information has been cited as the prominent reason behind this deferment, as reported […]