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Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market

Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market

Iconic Funds, a global crypto asset management firm, has said it will issue an Exchange Traded Note (ETN) for Bitcoin of up to 100,000,000 Notes, tracking the NYSE Bitcoin Index (Ticker: NYXBT). The Notes may be subscribed to by qualified investors with both EUR and BTC, with a minimum subscription size of 100,000 Notes and an issue price of €1,00 per Note. Iconic Funds will apply for admission to trading of the Notes on the regulated market of the Luxembourg and Frankfurt Stock Exchanges in Q4 2019. The Notes will have a German ISIN.

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.

Sequoia Software Firm to Pay Employees in Bitcoin

Sequoia Software Firm to Pay Employees in Bitcoin

United States-based Sequoia Software Firm is the latest to offer its employees the option to receive part of their salaries in Bitcoin.

Bitcoin Less Risky than Cash or Gold says MicroStrategy CEO Michael Saylor

Bitcoin Less Risky than Cash or Gold says MicroStrategy CEO Michael Saylor

Michael Saylor, CEO of MicroStrategy says Bitcoin is less risky than gold and cash and said the firm would not hesitate to dump the BTC portfolio if they had to.

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square’s $50 million-dollar move on Bitcoin has pushed the fintech payment company’s stocks higher, enabling it to outperform PayPal shares.

Shopify Adds Another Option for Merchants to Accept Payments in Over 1,000 Cryptocurrencies

Shopify Adds Another Option for Merchants to Accept Payments in Over 1,000 Cryptocurrencies

Shopify adds more than 1,000 cryptocurrencies for its merchants to accept as payment through a new partnership with CoinPayments.

Top 4 Platforms to Purchase Christmas Gifts With Bitcoin

Top 4 Platforms to Purchase Christmas Gifts With Bitcoin

As the yuletide season is fast approaching, one of the most predominant thoughts on the minds of many people is the kind of gift to get for loved ones. Being a season of giving, there is no surprise that given that the usability of cryptocurrencies keeps increasing over the years, websites accepting cryptocurrencies have been on the rise as well.

What Can You Buy With Bitcoin?

What Can You Buy With Bitcoin?

Bitcoin's price has surpassed the $16,000 resistance for the first time since 2017, but as the crypto's value increases it begs the question—what can you buy with Bitcoin?

JPMorgan Reveals Market is Highly Anticipating the Launch of CME Bitcoin Options

JPMorgan Reveals Market is Highly Anticipating the Launch of CME Bitcoin Options

Institutional interest in Bitcoin-related contracts seems to be building as the market measures indicate high anticipation of the launch of CME Group Inc. options on Jan. 13, according to JPMorgan Chase & Co.

Iran Pushes Oil Investment on Citizens, Winklevoss Advises Bitcoin

Iran Pushes Oil Investment on Citizens, Winklevoss Advises Bitcoin

Despite the oil price taking a beating this year, Iran has urged its citizens to invest in a scheme that would pre-sell 220 million barrels and drive liquidity into the OPEC nation's struggling economy. In response, Cameron Winklevoss tweeted that Bitcoin is a far better investment.

It’s the Age of the Micro Investor and this is Good for Bitcoin – SkyBridge Capital Founder Scaramucci

It’s the Age of the Micro Investor and this is Good for Bitcoin – SkyBridge Capital Founder Scaramucci

Anthony Scaramucci believes that it is the age of retail traders, as they have triggered bull runs in stocks like GameStop and this is positive for Bitcoin.

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