Prime brokerage firms are coming for crypto in what’s likely to be a race of winner-takes-almost-all. Goldman Sachs is synonymous with institutional wealth and power, even to those who’ve never purchased a financial product in their life. Like the eponymous tower it occupies in Jersey City, Goldman Sachs dominates the prime brokerage trade. What will […]
Unlike the unfounded narrative that cryptocurrency enables crime, big banks are more than happy to serve unsavory clients if it is lucrative enough for them. The latest example of this is a report that Jeffrey Epstein was apparently using his bank accounts to fund sex trafficking and possibly other crimes. Also Read: Deutsche Bank Collapse […]
The post Big Banks Enabled Jeffrey Epstein’s Sex Trafficking Crimes appeared first on Bitcoin News.
When darknet markets are shut down these days, the arrests don’t generate much fanfare. There’s a day of press at best, and then the media moves on to bigger stories, leaving the fate of the DNM operators unreported as their case grinds through the courts. This is a shame, as the indictments for the accused […]
The post Don’t Trust Bitcoin Mixers and Other Opsec Lessons From the Darknet appeared first on Bitcoin News.
In the last 72 hours, numerous darknet markets (DNMs) have been downed in a concerted DDoS attack. Meanwhile, Europol has been crowing over its success in toppling two markets that were already known to be stricken, Wall Street and Valhalla. As the dust settles, darknet users have been trying to separate FUD from fact. Also […]
As Dream dies and Wall Street exits, a string of new darknet markets (DNMs) has emerged to take their crown. The majority of these have only been operational for a matter of weeks, and have launched at a time when trust in DNMs is running low. The success or failure of these marketplaces will be […]
Darknet marketplaces (DNMs) provide a wide range of services beyond those commonly portrayed by the media. One of these is the provision of pain relief drugs for the terminally ill. In this guide, we run through the process for obtaining CBD, a cannabis oil compound that provides comfort to people suffering from chronic pain, anxiety, […]
The post How to Buy Pain Relief Drugs off the Darknet With Bitcoin appeared first on Bitcoin News.
In 2018 there was a rapid decline in initial coin offerings, a slowdown in blockchain business launches, and a bearish crypto market. During this period, companies with good liquidity have been scaling up and strengthening by acquiring startups. Also Read: Global Cryptocurrency M&As Rise M&A Deal Frenzy in 2018 In 2017 the number of cryptocurrency and […]
It’s been a horrible year for cryptocurrency. Assets down an average of 90 percent, constant despair and each new day bringing fresh horror. Who’d want to be a bitcoin trader? But when you zoom out beyond the cryptosphere to gain some perspective, it turns out that crypto’s not doing so badly after all. With trillions […]
Bitcoin and altcoins have been representing a “new institutional investment class” since 2017, despite the ensuing bear market, Morgan Stanley says.
Bitcoin and altcoins…
Like many late arrivals to cryptocurrency, Morgan Stanley doesn’t quite know what to make of bitcoin. The investment bank understands money, unless that money is peer-to-peer digital cash, in which case it struggles. Its latest report into the cryptocurrency ecosystem reveals its shifting stance on bitcoin. Also read: Bitcoin.com Store Now Offers Hundreds of Top-Branded Gift […]
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Bitcoin advocate Tom Lee is “pleasantly surprised” by the recent stability of Bitcoin, given “how small BTC is in terms of market capitalization.”
Fundstrat Global Advis…
When the idea of a working digital currency like bitcoin was introduced, many of its early adopters disliked the current bureaucratic system, with a cartel of bankers pulling the world’s monetary strings. Over time, however, something weird has happened and the idea of permissionless innovation perverted into people literally asking nation states for permission, begging […]
The post Bitcoin Intentions: Are We Aiming to Replace the Status Quo or Become Them? appeared first on Bitcoin News.
Jeanine Hightower-Sellitto, a former COO of a NASDAQ subsidiary, will develop Gemini’s marketplace to attract institutional investors.
Former COO of major U.S. stock exc…
44 percent of those surveyed on crypto Twitter believe the price of bitcoin core (BTC) has a ways to go before finding bottom, while over half of Wall Street and institutional investors seem to believe BTC’s bottom has been reached. The poll was conducted by Fundstrat, comparing the views comprised of 25 Wall Street related […]
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Tom Lee’s survey: 54% of institutional investors vs 44% of respondents on Twitter agree that Bitcoin has hit the price bottom.
Institutions appear to be more bullish on …
Cryptocurrency attracts a diverse crowd, from speculators to scammers, and from financiers to gamblers. These groups, and their often opposing aims, are what make the cryptoconomy such a strange yet compelling place. In today’s edition of The Daily, for instance, we’ve got stories pertaining to a Wall Street-funded futures exchange, another US platform ending its […]
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The Wall Street Journal managed to issue two units of its own cryptocurrency before red tape stopped the experiment.
The Wall Street Journal (WSJ) created and then destr…
Tom Lee predicts Ethereum will surge up to $1,900 by the end of 2019, which is 40 percent higher than the coin’s all-time high.
Major altcoin Ethereum (ETH) is about to …
Experts and executives from crypto businesses in the U.S. met in Washington to inform regulators about the main regulatory obstacles facing the industry.
More than 45 re…
Journalist Logan Kane of Seeking Alpha conducted a deep dive on the practices of popular stock and cryptocurrency trading smartphone application Robinhood. According to Mr. Kane, “it seems that today’s Robinhood takes from the millennial and gives to the high-frequency trader. Not only does Robinhood accept payment for order flow, but on a back-of-the-envelope calculation, […]
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September 15, 2018 brings the post-industrial financial world to a ten-year milestone. Lehman Brothers Holdings Inc. was officially shuttered on this day in 2008, rocking the entire planet. The event occurred just 110 days before a revolution its collapse helped to spawn: Bitcoin. A little-known economic philosopher, Ludwig von Mises, tried to warn many years ahead […]
The post A Decade After Lehman Brothers Died: Mises, Satoshi, Bitcoin, and Wall Street Worship appeared first on Bitcoin News.
Stock brokerage EF Hutton continues its cryptocurrency foray by pledging to issue its own products to attract investment.
U.S. stock brokerage firm EF Hutton plans to is…
Stock brokerage firm EF Hutton will begin issuing its own cryptocurrency research and ratings today, a press release confirms.
U.S. stock brokerage firm EF Hutton announ…
Apex Clearing announces cryptocurrency investment access for client businesses.
Financial clearing and execution company Apex Clearing confirmed it planned to open a ded…