Americans Are Taking Out Mortgages to Buy Bitcoin

Americans Are Taking Out Mortgages to Buy Bitcoin People are taking out mortgages to buy bitcoin, says securities regulator Joseph Borg. Coupled with accounts of credit cards and equity loans being used to obtain bitcoin, it raises the possibility of risk-taking investors being left deeply indebted or potentially even homeless. Betting It All On Bitcoin…

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France Approves Blockchain Trading of Unlisted Securities

France Approves Blockchain Trading of Unlisted Securities The French government has given the official nod for trading unlisted securities using blockchain technology, Reuters reports. According to the article, the government has adopted new rules that will enable banks and fintech firms to establish blockchain platforms for unlisted securities trading. The change will allow the trading of the assets…

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BitGo Scores $43 Million as Crypto Goes Corporate

BitGo Scores $43 Million as Crypto Goes Corporate BitGo, the maker of multi-signature cryptocurrency wallets for enterprises, has closed a $42.5 million Series B funding round in a sign that demand has at last arrived for institutional-grade services in the market. Led by Valor Equity Partners with participation from Bill Lee and David Sacks, the…

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Whales and Killer Whales: Bitcoin’s Big Money Movers

Whales and Killer Whales: Bitcoin’s Big Money Movers Bitcoin has become unavoidable in really the last few weeks. It has been bubbling under for a while now, in terms of mass appeal and understanding, but its recent wave of adoption has sent it spurting out into mainstreet. However, despite the influx of individuals, the core of Bitcoin…

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Bitcoin Futures Open Sees Price Spike, CBOE Crash

Bitcoin Futures Open Sees Price Spike, CBOE Crash The Chicago Board Options Exchange (CBOE)’s website became unavailable just as it launched its first bitcoin futures contracts at 6 p.m. EST on Sunday. The website downtime – which CBOE attributed to significant traffic around the futures launch in a post on Twitter – coincided with a sudden surge in the…

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