An Alibaba backed open research think tank (the Luohan Academy) has published a 22-page report which says that AI, mobile internet, e-commerce are not destroying more jobs than they create. Nextbigfuture summarizes the report as there are lots of jobs and businesses being created by the Alibaba, Ebay, Googles and Ubers of the world. People …
Just as the older generation has had to get its head around the hi-tech world of cryptocurrencies and how they work, so the tech itself is introducing younger folk, like millennials and the newly-emerging Gen Z to online activities they may never have considered otherwise. One key area that cryptos bring to the younger …
If Bitcoin is implemented at similar rates at which other technologies have been incorporated, then Bitcoin alone could produce enough emissions to raise global temperatures by 2°C as soon as 2033. Peer-reviewed journal Nature Climate Change – Bitcoin emissions alone could push global warming above 2°Celsius. A team of UH Mānoa researchers analyzed information such …
Bitcoin Tracker One is an Exchange Traded Note quoted in US dollars. It is similar to buying an American depositary receipt. It is not an Exchange Traded Fund (ETF) but an Exchange Traded Note (ETN). Traders will see a foreign-listed asset in U.S. dollars. Bitcoin Track One trades are executed in dollars, but all settlement, …
The SEC has delayed a decision about listing the VanEck SolidX Bitcoin Trust ETF until September 30 or before. The Form S1 filing to the SEC by VanEck SolidX Bitcoin Trust is linked to here. This third attempt for an ETF by VanEck and they partnered with blockchain company SolidX and basing the fund on …
Yujin Accounting Corporation has verified two trees at South Korean Cryptocurrency exchange Upbit. In May, South Korea’s Financial Services Commission (FSC), along with the Korea Financial Intelligence Unit (KFIU), seized hardware and documents from UPbit to evaluate claims from unknown sources that the exchange was insolvent. There were claims that UPbit was manipulating its balance …
Exchange traded funds can be traded like stocks but they can track any index or type of financial assets. They can track commodities or a basket of stocks or bonds. There are several groups trying to create cryptocurrency ETFs. There is $5 trillion of money currently in ETFs. This is growing at 10 to 20% …
Bitcoin has fallen back to the mid-$7000 support level after rallying over $8000. Bitcoin had a peak in January, 2018. Various bitcoin bulls have doubled down on their price predictions. Most of the hyperbullish predictions of $25,000 to 100,000 prices for Bitcoin by the end of 2018 are based upon institutions moving in and the …
Dogecoin can now be bought commission-free on Robinhood Crypto. Robinhood Crypto supports buying, selling and real-time market data for: Bitcoin (BTC) Bitcoin Cash (BCH) Dogecoin (DOGE) Ethereum (ETH) Litecoin (LTC) Robinhood Crypto also supports real-time market data for the following: Bitcoin Gold (BTG) Dash (DASH) Ethereum Classic (ETC) Lisk (LSK) Monero (XMR) NEO (NEO) OmiseGO …
Chinese police have broken up an illegal World Cup gambling ring hosting more than 10 billion yuan (US$1.5 billion) worth of cryptocurrency bets. The gambling ring ran on the dark web and only accepted cryptocurrencies such as bitcoin, ethereum, and litecoin, according to Guangdong police. The gambling platform operated for 8 months. They had 330,000 …
Goldman Sachs is preparing a Bitcoin trading desk. Goldman has concluded that Bitcoin is not a fraud and does not have the characteristics of a currency. But a number of clients wanted to hold it as a valuable commodity, similar to gold, given the limited quantity of Bitcoin that can ever be “mined” in a …