Finance

Exchange
Finance
Trading

CME Bitcoin Jan19 Futures Expire at Lowest level @ $3560.00 Code BTCF9

On Friday 25th January 2019, trading under ticker BTCF9, Bitcoin (BTC) Futures on the Chicago Mercantile Exchange (CME), expired at a new low settlement price of $3560.00. Below is the official price published by the CME: Bitcoin (XBT) futures on the Chicago Board Option Exchange (CBOE), that expired on the 16th January 2019 was also at its lowest level since inception, […]

Read More
Business
Finance
Legal
Trading

UK’s FCA Opens Consultation on Cryptoassets Guidance

Yesterday the UK’s Financial Conduct Authority (FCA) have opened consultation for their policy document “Guidance on Cryptoassets“. They are seeking feedback from the public regarding how cryptoassets should be regulated in the UK. The consultation period is open until 5th April 2019, and the final policy statement due this summer. Guidance on Cryptoassets seeks to […]

Read More
Charity
Development
Finance
Technology

Waves to Fund Dapp Developers in its Ecosystem

Waves (WAVES) is complex blockchain ecosystem where users can create their own tokens. It was therefore, initially, focused on supporting ICO (Initial Coin Offering) projects. However, Waves (WAVES), has decided to launch a project to support developers and startups building on its decentralised platform. Waves (WAVES) via twitter made the following announcement; Since the announcement, Waves […]

Read More
Business
Finance

Nasdaq Invests $20M in Blockchain Startup Symbiont

Forbes has revealed exclusively that Nasdaq has invested $20 million in Series B funding of Symbiont. Symbiont are a startup blockchain company focusing on institutional adoption of blockchain technology. The investment is the largest Nasdaq has made to date, in the enterprise blockchain industry. Other investors in the Series B round included Citi Ventures, Galaxy […]

Read More
Exchange
Finance
Legal
Trading

U.S. Government Shutdown Leading to Possible Automatic ETF Approval

Trumps Shutdown of the United States Government has, amongst all the chaos, provided Bitcoin (BTC) an opportunity to gain ETF approval by the U.S. Securities Exchange Commission (SEC). According to Bitcoin.com, the U.S. SEC is due to make a decision on the Vaneck Solidx Bitcoin (BTC) ETF next month, and, the deadline cannot be further […]

Read More
Business
Development
Exchange
Finance
Security
Technology
Trading

Crypto Weekly #3, 2019: Our Top Picks

bitfudge news highlights from the past week. Good blockchain adoption and development in the corporate world, and, unfortunately more hacks. Take a read here: Cryptopia Hack: At Least $3.6 Million Lost IBM and Ford Pilot Blockchain for Cobalt Supply Chain HSBC settled $250B of Forex Trades with Blockchain in 2018 Bakkt Acquires Assets from Futures […]

Read More
Finance
Legal
Public Sector

Crypto Tax in Chile to Starts in 2019

Starting this year, crypto investors in the South American nation of Chile, will have to start declaring and paying tax on their earnings last year, in 2018. Originally, the tax agency of Chile Servicio de Impuestos Internos SII, declared last year that cryptocurrencies were not subject to Value Added Tax (VAT). However, the tax agency […]

Read More
Finance
Trading

CBOE Bitcoin Jan19 Futures Expire at Lowest level @ $3591.3 XBT/F9

Bitcoin (XBT) futures on the Chicago Board Option Exchange (CBOE), expired on the 16th January 2019 at its lowest level, since inception on the 10th December 2017. Trading under ticker XBT/F9 on the CBOE, the final settlement price was $3,591.30. This comes to no surprise with the current trend of backwardation the decentralised asset is […]

Read More
Business
Finance
Trading

HSBC settled $250B of Forex Trades with Blockchain in 2018

An article by Reuters reports that HSBC used blockchain technology to settle $250 billion USD worth of forex trades in 2018. Last year, HSBC made over 150,000 payments and settled over 3 million forex trades using its enterprise blockchain. HSBC states that blockchains are helping them remove external dependencies, reduce latency and improve processes. In […]

Read More
Business
Exchange
Finance
Trading

Bakkt Acquires Assets from Futures Merchant RCG

While the launch of the Intercontinental Exchange (ICE) Bitcoin (BTC) futures platform Bakkt has been delayed, they are not standing still. In a first, Bakkt, have acquired assets in futures commission merchant Rosenthal Collins Group (RCG). Announced on Medium, by Bakkt’s CEO Kelly Loeffler, the move is significant as they are potentially looking to become […]

Read More
Business
Finance
Legal
Technology

Tax Relief Offered for Blockchain in South Korea

The South Korean government, has added Blockchain to its research and development tax credit scheme, to aid innovation in the area. The tax relief is scheduled to be implemented in February 2019 according to the document published. The tax credit means that for small enterprises 30 – 40% of research and development expenses would be […]

Read More
Business
Development
Exchange
Finance
Security
Technology
Trading

Crypto Weekly #2, 2019: Our Top Picks

bitfudge news highlights from the past week: Featured Article: 2018: the FUD Before the Fudge CoinFLEX: First Crypto Futures with Physical Delivery Announced Ethereum Classic Under 51% Attack, Possible Double Spends of $1.1M ShapeShift Lays Off Third Of Staff Bitwise Files Another ETF Application with the SEC Bitmain Owners Jihan Wu and Ketuan Zhan Step […]

Read More
Development
Exchange
Finance
Trading

Zcash Now Available OTC @ Galaxy Digital

ZCash (ZEC) has announced that Galaxy Digital, is now offering the privacy-protecting digital currency Zcash (ZEC), for trading over the counter (OTC). Galaxy Digital was founded by ex Goldman Sachs executive Mike Novogratz in 2018. Galaxy Digital is a merchant bank that is dedicated to the digital assets and blockchain technology industry. The global head of […]

Read More
Business
Finance
Technology

Mongolia the Mining Hub

Mongolia’s cheap electricity supply and its cold weather are the two key conditions that is keeping Bitcoin (BTC) mining profitable in the region. Energy prices in Mongolia are approximately one third of Japanese rates and are lower than in China. The Nikkei Asian Review has reported that, since the crypto crash in 2018, companies are entering […]

Read More
Disclaimer: Investing in cryptocurrencies involves risk and should be based on advice from qualified financial professionals. You can incur substantial losses: consider whether this is in line with your investment objectives and circumstances. Posts are based on the authors' opinion and accurate to the best of our knowledge. Our posts are not independent/financial/investment advice, nor endorsements of any product/asset/service. We try to maintain the accuracy of our information however we rely on external data which may include errors. We are not liable under any circumstances for loss or damage as a result of using our information or services.