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Premier League Football Continues To Lend Itself To Bitcoin Adoption

There’s a big trend in Premier League football at the moment that seems to be bringing in big interest in cryptocurrency and blockchain based sponsorships in football. London based Arsenal seemed to be the first to reach such an agreement and since then, we have seen cryptocurrency related sponsorships open up within a range of other top-flight football clubs, including Tottenham Hotspur and Leicester City with their new eToro sponsorships (among other clubs). Most recently, we are seeing a new partnership between TigerWit and Liverpool FC, arguably one of the most notorious Premier League football clubs in the world. TigerWit...

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Mt. Gox Bitcoin Payouts Could Eventually Destroy The Markets

Mt. Gox, a former leader in the crypto markets and now, the enemy of many. After a hack which saw around 800,000 BTC stolen, the Mt. Gox story has gone from bad to worse, with the exchange now liable for making compensation payments to some of the victims who lost assets during the hack. It’s quite a complicated situation, but the premise of it is that Mt. Gox have a lot of money to pay out, and many now fear that the payout will have a very adverse impact on the markets given that overall, the estimated cost of the...

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An Alluring New Asset Class For Bitcoin

Bitcoin means an ambitious categorisation effort by regular financial companies resulting in some viewing this alluring new asset class as much as a hybrid of a currency as it is an investment. Bitcoin has been declared as a commodity by the Commodities Future Trading Commission (CFTC). Bitcoin has also been classed to be a too property by the Internal Revenue Service (IRS). The Securities and Exchange Commission (SEC) sees over the market for Bitcoin as if it was a security however, Bitcoin is mainly used as a currency. After being design by Satoshi Nakamoto, Bitcoin was intended to be the...

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US Regulatory Authority Approves BitGo For Custodian - BTC, ETH & XRP For Recovery

US regulatory authority approves BitGo for the status of a custodian for crypto and the market is booming during positive news. The digital currency security startup BitGo has been granted approval of a custodian for crypto and other virtual assets after the company put in a request for permission to act as a digital asset custodian. The company will bring its clients the offer for a regulated custody solution made with their crypto investments specifically in mind. Bitcoin currently offers an online hot wallet solution which can be installed and used for digital asset storage to be secured. Despite this,...

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Technological Revolutions, Is Bitcoin One Of Them?

 Technological revolutions have shaped our world. Without past inventions and historical landmarks, contemporary society would only be a shadow of its current self. Without a number of the worlds inventions, none of what we experience today would be possible. I say this as I type on a laptop, listen to music through a bluetooth speaker and drink mineral water out of a bottle. See what I mean? Inventions that are technological revolutions can be anything, from the iron nail to the printing press, the wheel to the shipping container, the smartphone to the internet. Some of the most basic...

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