After Last Year’s Mempool Drama, Batched Bitcoin Transactions Finally on the Rise

When bitcoin transaction fees hit record costs in mid-to late-2017, a race for solutions was in force. The most workable one came in the form of batching bitcoin transactions, and batching’s popularity has increased in the background of a general bear market that started in early 2018. Technical Underpinnings of Batching At the time, it

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‘We’re Deep at Work’ on Bitcoin: German Stock Exchange Deutsche Boerse

German stock exchange operator Deutsche Boerse is “deep at work” on evaluating whether to offer bitcoin futures and other cryptocurrency-related products, one of the firm’s top executives said on Wednesday. Speaking at an industry even in London sponsored by the Association for Financial Markets, Deutsche Boerse head of clients Jeffrey Tessler said that the firm

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UK Forex Operator LMAX to Launch Cryptocurrency Exchange for Banks and Hedge Funds

UK foreign exchange trading platform operator LMAX has announced that it will launch a cryptocurrency exchange tailored for banks, hedge funds, and other institutional investors. The London-based company made the announcement on Monday, explaining that the new platform — dubbed LMAX Digital — is the “first physical crypto currency exchange dedicated to serving only institutional

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This Mosque Could Be Britain’s First to Accept Crypto for Alms-Giving During Ramadan

Masjid Ramadan or Shacklewell Lane Mosque in London is taking a forward-thinking approach to the Islamic practice of Zakat and Sadaqah, alms-giving. Based in Dalston (Hackney), East London, Shackwell Lane Mosque is the UK’s first Turkish-owned mosque, managed by the registered charity UK Turkish Islamic Trust. CCN spoke with the mosque chairman Erkin Guney, the mosque’s

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Japanese Regulator Sees Sharp Spike in Cryptocurrency Queries in Q1 2018

Japanese consumers are filing over three times the number of cryptocurrency enquiries  in the first three months of 2018 compared to the previous quarter, figures from the country’s financial regulator reveal. According to numbers disclosed by the Financial Services Agency’s (FSA) Counseling Office for Financial Services Users on Friday, the authority fielded a total of 3,559

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Bloomberg, Billionaire Bull Novogratz Partner to Launch Cryptocurrency Price Index

One of bitcoin’s biggest bulls has inked a deal with an unlikely partner to create a cryptocurrency price index. Billionaire Mike Novogratz and Bloomberg LP on Wednesday announced that they are teaming up to launch the Bloomberg Galaxy Crypto Index (BGCI), which will track the aggregate performance of a basket of large-cap cryptocurrencies. “Today’s launch

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Goldman Sachs Will Launch a Bitcoin Trading Desk

Goldman Sachs will launch a bitcoin trading desk, the investment banking giant confirmed on Wednesday. The New York Times reports that the firm, one of the largest financial institutions in the United States, is preparing to begin using its own funds to sponsor a variety of investment contracts tied to the bitcoin price and hopes

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There’s Only Four Million Bitcoin Left to Be Mined – Here’s Why

In today’s climate of ICOs with 100 billion token supplies, it can be easy to forget that the total supply of Bitcoin is incredibly low – 21 million. The 17 millionth Bitcoin has been mined, and there are only 4 million left. The built-in artificial scarcity is one of the most important characteristics of the

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$670 Million: Bitcoin Futures Post Record Daily Volume as Market Recovers

Bitcoin futures volume reached an all-time high on Wednesday, peaking near a combined $670 million between regulated US exchanges CME and CBOE. On Chicago exchange CME, traders exchange more than 11,000 contracts, worth an equivalent 56,010 BTC. According to CME’s Bitcoin Reference Rate (BRR) for April 25, those contracts equate to more than $497 million in

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Goldman Sachs Hires Crypto Trader to Head Digital Assets Division [But Still Denies it’s Launching Trading Desk]

Goldman Sachs has hired a securities trading veteran to help the firm develop a digital asset strategy, but the investment banking giant continues to deny that it is launching a cryptoasset-focused over-the-counter (OTC) trading desk. According to business news outlet Tearsheet, Goldman Sachs quietly hired Justin Schmidt last week. Schmidt, who now serves as vice

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