Never Give Up On Your Internet Business

DSCF9585Does fear of failure keep you from starting exploring new ventures?
Have you ever asked yourself, why online success comes easily to other people, but seems to be eluding you all the time?
Have schemers driven you to the point of giving up?

My advice is short, sweet and to the point: You need to know that, it’s always too soon to quit! Remember quitters never succeed.

Successful people hang in there, they get back up when they fall and try again. You see, your friends who have become Online Success Stories didn’t throw in the towel and quit when the going got tougher, NO, No , No! They knew what they wanted in life and they wanted it badly enough to persevere through the desert, and what happened: They got to the other end. They paid the price and achieved their Online business dream. You CAN too ,only if you don’t quit on yourself and your internet venture.

Remember: It’s always too soon to give up. In other words, Never Give Up until you get the results that you after.
All the best!

Howard Mahere

Posted in Uncategorized | 2 Comments

A Positive approach is a prerequisite for success

In the course of operating their businessess entrepreneurs meet challenging situations on a daily basis.  However, its how they react that determines their altitude.  It is very important for the business owner to know the value of challenges.  That challenges are meant to make us strong, many of the great achievers we see today turned obstacles into stepping stones and in the end became successful beyond measure.

Today, I have decided to share a story which I am sure will help to make us appreciate the role of obstacles in our different situations .  Lets learn to welcome challenges for our own growth.

Positive Approach

By: Author Unknown

A little girl walked daily to and from school.  Though the weather that morning was questionable and clouds were forming, she made her daily trip to school.  As the afternoon progressed, the winds whipped up, along with thunder and lighting.

The mother of the little girl felt concerned that her daughter would be frightened as she walked home from school, and she herself feared that the electrical storm might harm her child.

Following the roar of thunder, lightning, through the sky and full of concern, the mother quickly got in her car and drove along the route to her child’s school.

As she did so, she saw her little girl walking along, but at each flash of lightning, the child would stop, look up and smile.  Another and another were to follow quickly, each with the little girl stopping, looking up and smiling.

Finally, the mother called over to her child and asked, “What are you doing?”

The child answered, smiling, “God just keeps taking pictures of me”.

Posted in Uncategorized | 2 Comments

Switzerland’s Largest Online Retailer Launches Crypto Portal, Accepts Bitcoin, Ethereum, XRP, BNB, Litecoin, Tron

Digitec Galaxus has launched a crypto payment option, allowing customers of online shops and to pay with Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, XRP, Binance Coin, Litecoin, Tron, OmiseGo and NEO.

Known as the “Amazon of Switzerland” Digitec lists over 2.7 million items for daily needs, with fast and free shipping. Customers who pay in crypto will have to make a minimum purchase of 200 francs. There’s no maximum threshold.

The new payment option began as a collaboration between Digitec and Swiss e-payment company Datatrans AG. Crypto payments will be settled by Danish-based fintech company Coinify to convert the transactions into fiat, reducing the company’s exposure to volatile crypto prices.

Customers who want to pay with Bitcoin or any of the supported altcoins select the crypto payment option at checkout before being redirected to Coinify where they can complete the transaction. The exchange rate will be fixed for 15 minutes, and the shopper will have the option of using a wallet address or a QR-code to complete the payment. 

The payment option will compete with PayPal which charges a 2% fee. Coinify charges a conversion fee of 1.5% of the purchase amount, while Digitec Galaxus does not charge any additional fees for cryptocurrency payments.

According to the announcement, Oliver Herren, chief information officer and co-founder of Digitec Galaxus, says cryptocurrencies are likely to become a relevant means of payment in e-commerce, and that the company wants to support developing trends.

“We’ve been wanting to do this for ages, but the effort it would have required has just always been too big. Now we’ve found a simple solution with Datatrans and Coinify.”

However, he’s not fully convinced of the advantages blockchain offers over other database technologies.

“So far, these transactions have proven more expensive and slower than regular payments. Making any improvements is hugely slowed down by the decentralization. That’s because none of the technologies are scalable enough yet. But maybe I just haven’t invested enough time in fully understanding how the blockchain ecosystem works.”

According to Tobias Billeter, head of communications, the company is not yet offering Apple Pay or Samsung Pay but it will closely monitor customer feedback for future inclusion. As for cryptocurrencies, the company says it’s trying to appeal to mobile Millennials and tech heads.

The new crypto payment option is available in Switzerland and may extend to Germany, pending the success of the roll-out.

Posted in Uncategorized | Leave a comment

Fortune 500 Company Avnet Works With BitBay to Add Bitcoin, Bitcoin Cash Payment Option

Fortune 500 Company Avnet Works With BitBay to Add Bitcoin, Bitcoin Cash Payment Option

Avnet, Inc, one of the world’s largest distributors of electronic components and technology solutions providers, has announced a collaboration with crypto payment processor BitPay to accept cryptocurrency for the company’s services and products. The development was disclosed in an official press release published on March 19.

Avnet, Inc., which has been listed on Fortune 500 for 24 years, had an annual revenue in 2018 of more than $19 billion.

The press release writes that Avnet will accept payment with Bitcoin (BTC) or Bitcoin Cash (BCH), while BitPay will verify the purchased funds and complete the transaction. The company has also announced that it had “closed several multi-million-dollar cryptocurrency transactions within the first month of accepting bitcoin,” specifying that this also includes their work with on a new hardware wallet.

The ability for the company to accept crypto will give Avnet customers more options for completing their financial translations, according to the company. The press release states:

“By accepting bitcoin as a payment option, Avnet is continuing to break down the barriers customers face when getting their ideas to market by enabling easier access to its unique end-to-end ecosystem of design, product, marketing and supply chain expertise at every stage of the product lifecycle.”

As Cointelegraph reported on Jan. 30, BitPay has also partnered with the Wikimedia Foundation, the non-profit and charitable organization that operates Wikipedia, to provide the possibility to accept donations in cryptocurrency.

And, earlier today, leading Swiss online retailer Digitec Galaxus announced that it would accept 10 different cryptocurrencies as payment for its products.

Posted in Uncategorized | Leave a comment

Anthony Pompliano: Next Bitcoin and Crypto Bull Run Will Be ‘Bigger Than Anything We Have Ever Seen Before’

The founder of crypto investment firm Morgan Creek Digital says a coming boom of institutional investments in Bitcoin and crypto bull will trigger a bull run unlike anything the market has ever seen.

In a new post on the movements of incumbent asset managers, Anthony Pompliano outlines why he believes crypto and blockchain investment opportunities will be “one of the fastest growing sectors in the alternative asset management space in the next 10 years.”

According to Pompliano, crypto is poised to become impossible for alternative asset managers to ignore.

“As these firms begin to enter the space, many of them will choose to either (1) spend ungodly amounts of money to hire talented and experienced crypto investors or (2) pay up to acquire asset management firms that specialize in blockchain and crypto. While the strategy is easy to identify, there may be a number of complexities.

These issues will eventually be worked out though, and I anticipate the macro-trend of consolidation in alternative asset management will spill over to include crypto asset managers. This is because every alternative manager will be forced to manage funds in the ‘crypto industry’ in the next decade. Whether it comes under their purview through Bitcoin, the public crypto market, venture capital, or tokenized assets, the writing is on the wall at this point.”

Pompliano says there will be stragglers, and he expects the more opportunistic and open-minded managers to reap the most rewards.

“Some firms will drag their feet and wait to see how the industry plays out. Others will be opportunistic and gain a significant advantage by having a head start. If you thought 2017’s bull market was big, just wait till the trillions of dollars allocated to alternative assets begin to roll in.

The next bull market will be bigger than anything we have ever seen before.”

In February, Morgan Creek Digital announced it has successfully started a new fund that’s raised $40 million from two public pensions, a university endowment, an insurance company, a hospital system and a private foundation.

Morgan Creek Digital’s fund will invest in companies focused on building blockchain solutions and hold a small percentage in cryptocurrencies like Bitcoin.

Posted in Uncategorized | Leave a comment
Crypto cryptocurrency Bae Yong-joon

Influential South Korean actor Bae Yong-joon is investing in a local crypto startup. | Source: AP

Korea’s Biggest Actor Invests in Crypto and That’s a Big Deal for Asian Markets

Bae Yong-joon, arguably the most influential and widely recognized actor in South Korea featured in films like Winter Sonata and The Legend, invested in a local crypto startup called Seamon.


According to Hankyoreh, a mainstream media outlet in South Korea, Seamon is co-founded by the Norway-based Ocean Supreme, the most dominant company in the Japanese Salmon market.

Ocean Supreme exports sashimi-quality Salmon from Norway to Japan, generating $150 million in annual turnover, purely from Salmon sales.

The publication exclusively reported that Bae reached out to the company to participate as an advisor and later asked to invest in the project. The company said it cannot reveal the amount invested by the actor but Bae is said to have invested well over $100,000 in the project.

“Bae has consistently been interested in the seafood industry for a long time. Initially, Bae reached out to Seamon to participate as an advisor but he wanted to invest in the project and last month, we processed the investment. We cannot disclose the exact amount of the investment but it is not in the tens of thousands of dollars range,” Seamon president Lee Jung-hoon said.

In recent years, the blockchain industry has seen an increase in the number of companies attempting to utilize blockchain technology to process seafood exports, imports, and supply chain.

Intel, for instance, the $240 billion technology conglomerate, developed a blockchain network called Sawtooth as a part of the Hyperledger Foundation to support a seafood supply chain on top of the blockchain.


The report from Intel read:

To merge the digital and physical world, Sawtooth records the journey of seafood from ocean to table. Like the fish in this case study, IoT sensors can be attached to any object entrusted to someone else for transport, with trackable ownership, possession, and telemetry parameters such as location, temperature, humidity, motion, shock and tilt.

Bae is said to have invested in Seamon primarily due to the involvement of a dominant player in the Seafood industry like Ocean Supreme, which actually could provide the platform for startups like Seamon to use the blockchain and cryptocurrencies in settling global seafood sales.

But, the investment of Bae in a cryptocurrency startup in South Korea could establish a precedent for the industry.

Following the 2017 bull market, many retail investors in South Korea were hit hard by the 80 percent drop in the price of Bitcoin.

Millennials to high-school teachers who invested in the cryptocurrency market lost tens of thousands of dollars on average after obtaining bank loans and other leverage to invest in cryptocurrencies.

As such, despite the involvement of the country’s biggest conglomerates including Samsung, Kakao, Shinhan Bank, and many more, a relatively large number of public figures who invested in the cryptocurrency space ended up apologizing to the public.

While crypto remains as a symbol of hope for the majority of investors, the sentiment around cryptocurrencies worsened to a point wherein public figures were pressured to hide their involvement in the cryptocurrency space.

The public investment of Bae suggests that the sentiment around the crypto market of South Korea has noticeably improved in the past 15 months.


The cryptocurrency sector of South Korea faced a roadblock when Upbit, the country’s biggest cryptocurrency exchange, was investigated by the police for allegations of causing fake volumes.

But, with virtually every conglomerate commited to the cryptocurrency sector, the rate of which the crypto market in South Korea, especially on the institutionalization side, is rising.

Posted in Uncategorized | Leave a comment

Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens

Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens

Decentralized liquidity network Bancor has launched a wallet for on-chain conversions between Ethereum (ETH) and Eos (EOStokens, according to a press release shared with Cointelegraph on March 12.

The new product, Bancor Wallet, is a non-custodial crypto wallet that is designed to enable on-chain crypto conversions between Ethereum and Eos-based tokens “in a single action,” the press release reports.

The new wallet is based on Bancor’s recently launched cross-chain protocol BancorX, which allows users to convert between Ethereum and EOS-based tokens without exchanges.

Nate Hindman, Bancor’s director of communications, told Cointelegraph in a statement that the release of Bancor’s unified wallet is expected to pave the way for the integration of other blockchains, giving Bitcoin (BTC) and Tron (TRON) as examples.

While Hindman did not reveal details about what chains are expected to be integrated next, he emphasized “dev time required to add these chains is now dramatically lower than the time it took us to add EOS.”

According to the press release, Bancor Wallet offers instant and zero-fee transactions between 9,700 token pairs, ensuring that any token in the network can be converted into any other at all times, regardless of available buyers or sellers. Bancor Wallet users will be able to access their decentralized applications (DApps) without leaving the wallet’s interface, the press release notes.

The announcements also outlines that Bancor Wallet’s launch follows recent news that the Bancor protocol will be integrated into Samsung’s new Galaxy S10 smartphone via social gaming platform Enjin.

Back in 2017, Enjin partnered with Bancor to use smart tokens across the Enjin Coin platform and to enable Enjin Coin (ENJ) token’s compatibility with the Bancor protocol and network.

As previously reported, the new Galaxy S10 smartphones will evidently support ENJ, along with Bitcoin (BTC), ETH and Cosmee’s token COSM, according to an official presentation.

Hindman also told Cointelegraph that, following the Samsung news, “network volume in the past week reached an 11-month high of roughly $25M volume, up from $9M the previous week.”

Bancor’s own cryptocurrency, Bancor Network Token (BNT), surged in price this weekend, peaking at $0.76 per coin on March 10, the coin’s highest price point since November 2018, according to data from CoinMarketCap. At press time, BNT is trading at $0.61, up about 3.15 percent on the day.

Posted in Uncategorized | Leave a comment
Bitcoin Taxes Ernst and Young

Ernst and Young rolled out the bitcoin tax reporting tool in time for the 2019 U.S. tax season | Source: Shutterstock

Ernst and Young Unveils Crypto Tax Accounting Tool to Help You Pay Bitcoin Taxes

Unless you’re tax-evading bitcoin bull John McAfee, this is the time of year when Americans begrudgingly prepare to file their tax returns. To streamline this process, Big Four accounting firm Ernst & Young introduced a cryptocurrency tax tool.

Ernst & Young said it designed its EY Crypto-Asset Accounting and Tax (CAAT) program specifically for its clients who invest in cryptocurrencies.  The accounting juggernaut said the U.S. rollout of the software is part of its strategy to become a leader in blockchain services.

“EY CAAT has the ability to source transaction-level information from virtually all major exchanges.

It consolidates data from multiple sources and allows for the automated production of various reports and dashboards, and preparation of IRS tax returns related to crypto-assets.”


EY is following in the footsteps of Intuit, which teamed up with cryptocurrency exchange Coinbase in January. Under that partnership, Coinbase customers can import all their Coinbase transactions directly onto Intuit’s TurboTax tax-preparation software.

The IRS released its initial guidance on cryptocurrency taxes in 2014, when the bitcoin pricenever topped $640. By 2017, the bitcoin price rocketed to a record high approaching $20,000.

The industry’s meteoric growth caused mass confusion among bitcoin investors, many of whom claimed they didn’t know they were required to pay taxes on their capital gains.

bitcoin price


In September 2018, a group of U.S. lawmakers asked the Internal Revenue Service to provide updated guidelines on how taxpayers should report profits from their crypto investments.

In a strongly-worded letter, the lawmakers rebuked the IRS for not providing more clarity even as it aggressively pursued alleged tax evaders.

“More than a year after our initial letter [in May 2017], the IRS continues to expand its enforcement activities without issuing any further guidance for taxpayers.

We therefore write again to strongly urge the IRS to issue updated guidance, providing additional clarity for taxpayers seeking to better understand and comply with their tax obligations when using virtual currencies.”


Not every crypto transaction is taxed. According to TurboTax, you are required to report cryptocurrency as income if you did the following:

  • Sold bitcoin (or any other crypto).
  • Converted bitcoin to fiat currency.
  • Used cryptocurrencies to pay for goods or services.
  • Received free crypto through a fork or an airdrop.

Your transactions are not taxed if you:

  • Bought bitcoin but never sold it.
  • Gave crypto as a gift to a friend or family member, and the gift was less than $15,000.
  • Purchased crypto with a Self-Directed IRA or Solo 401(k).


If you follow the aforementioned guidelines, you probably won’t run afoul of the IRS like bitcoin evangelist John McAfee has.

As CCN reported, the IRS is hunting the software mogul after he admitted that he has not filed a tax return in 8 years.

In January, McAfee boldly declared that he would rather go to war with the IRS than back down because “taxation is theft.”

Besides, McAfee — whose net worth once topped $100 million — said he has paid more than his fair share of taxes during his lifetime, and enough is enough.

McAfee then goaded the IRS, saying:

“I have prepared my entire life for this battle. We will not be able to shrug off the yoke of this corrupt and insane government without a struggle…Here I am.”

John McAfee


We declared our independence from Britain and fought a bloody war to escape burdensome taxes, yet here we are, less than 250 years later, being burdened by income taxes that are more crushing than anythung rhe British dreamed of. Free yourselves people! 

Crypto Shill John McAfee: I Haven’t Filed a Tax Return in 8 Years

Crypto bull John McAfee threw down the gauntlet to the US Internal Revenue Service, and dared the agency to come after him for tax evasion. McAfee, 73, confessed in a stunning tweetstorm that he…


McAfee’s defiant stance has made him a quasi-folk hero among some in the crypto community. Interestingly, being on the run from the law has not stopped McAfee from running for U.S. president.

Unlike his rivals, McAfee has an unusual campaign slogan: “Don’t vote McAfee.” The software pioneer says his goal is to champion cryptocurrencies and to fuel a populist, anti-government movement.

“My campaign platform contains one item: how do we free ourselves from a government that no longer serves us, but instead has become our master – controlling our every action.

It is a government that has gone insane. While we carry the burden of this government, we are not free. Any attempt to address national problems, of any nature, is doomed to failure. Until we free ourselves, we are powerless to create any real change.”

Posted in Uncategorized | Leave a comment

Litecoin Targets Millions of K-Pop and Crypto Fans Around the Globe With New Partnership

The Litecoin Foundation is partnering with K-Pop concert production company, C&U Entertainment Global, to bring Litecoin (LTC) to mainstream music lovers.

Litecoin will offer the best seats in the house with Ultra VIP tickets, for purchase in LTC, for an upcoming K-Pop concert on April 6th. The concert features K-Pop sensations Kim Jong KookAilee, as well as WheeSung, HaHa, Huh Gak and Skull.

The Litecoin team will head to George Mason University where the event will be held to promote crypto and Litecoin.

Says Litecoin creator Charlie Lee,

“These entertainers have millions of followers across the globe, who in large part, are familiar with cryptocurrency and are historically early adopters of new technologies. The ability to tap into this type of audience through education and real world use cases can be really powerful for Litecoin.”

Source: K-pop star Kim Jong Kook has 2.6 million Instagram followers

K-pop, or pop music from South Korea, has an audience of millions around the world. The genre has mainstream traction among Millennial fans, generating 5.3 billion tweets in 2018 and prompting an increasing number of K-pop artists from South Korea to book tours in the US.

According to Litecoin,

“South Korea, the home of K-pop, also happens to be a hotbed for cryptocurrency. The country of 50 million has historically shown a high level of technology adoption and possess an infrastructure and framework that has allowed it to cultivate a thriving cryptocurrency ecosystem. South Korea has been a microcosm of the broader Asian cryptocurrency market, which has played a major role in global activity. In fact, past research has reported that Asian investors account for over 75% of daily cryptocurrency trades.”

Litecoin says the concert at George Mason University may be the first of several events as part of the collaboration between the Litecoin Foundation and C&U Entertainment, as they work toward blend K-pop fans with crypto enthusiasts to bring Litecoin to the masses.

The Litecoin Foundation says it will make Ultra VIP tickets available on their website. General tickets are on sale at Ticketmaster.

The K-pop music collab is one of many new efforts from Litecoin to gain mass exposure by connecting with audiences through mainstream venues. It recently collaborated with professional sports league GLORY and mixed martial arts promotion company UFC.

Posted in Uncategorized | Leave a comment

SoFi & Coinbase Team up to Help US Millennials Invest in Bitcoin!

SoFi, Bitcoin, Coinbase

A popular lending and investing app targeting young US citizens is enabling its userbase to buy bitcoin and other cryptocurrencies. | Source: Shutterstock

In a few months, SoFi Invest users will be able to buy cryptocurrencies through a partnership with Coinbase.

Short for Social Finance, SoFi caters to young adults through a variety of financial products including lending. SoFi Invest was launched earlier this month. In addition to announcing the new partnership, SoFi announced the launch of SoFi Money today. SoFi Money will offer a 2.25% APY account, CNBC reports.

SoFi invest currently offers broker and “automatic” options. They call the broker option “active” investment. The company enables users to easily trade stocks from the comfort of their mobile device. They charge no “transaction and management fees.” There are still fees involved with trading stocks.


Rapidly expanding, the company is launching several other products this year. One of their products will feature the “auto-saving” option that is the core of the Acorns business model.

Twitter veteran (a former COO) and SoFi CEO Anthony Noto said:

Our target audience wants to see what the price of cryptocurrency is, and to buy it. They have a desire to do that and in many cases they already are.

SoFi hasn’t said what cryptocurrencies the customers will actually be able to buy through the app. Coinbase is regulated on a state-by-state basis, which is why Ripple XRP is not currently available to Coinbase Pro users in New York.

Currently worth $4.4 billion, SoFi’s CEO said the company will not be filing for an initial public offering this year.

Coinbase itself has made no official announcement about the SoFi partnership, and no representative of the firm spoke to CNBC.

With the addition of SoFi Invest, SoFi is entering the arena with Robinhood, which recently tried and failed to offer bank accounts. Robinhood very much wanted to enter the space that SoFi already operates in but failed to get the proper regulatory approval. The 3% APY checking and savings accounts offered by Robinhood saw massive public interest, but regulators expressed concerns.


Mobile users will have more ways than ever to buy and hold cryptocurrencies in 2019. The “ease of adoption” factor has diminished rapidly since the bull run of 2017. However, the actual demand for cryptocurrencies in daily life remains a key issue.

There aren’t a ton of places to spend cryptos in real life, and the prospects don’t look any better. This is due in part to the nightmare that is accepting cryptocurrencies for merchants. Simply accepting them is only the first step. A number of other issues arise, including dealing with tax accounting and successfully processing payments. FIO Protocol and others are actively working on improving this experience but may be years away from solutions that genuinely help merchants.

Nevertheless, the easier it is to buy and hold cryptocurrencies, the better the adoption rate will grow when interest returns to the crypto space.

Posted in Uncategorized | Leave a comment

E-Commerce Platform Adopts Bitcoin, XRP, Ethereum, Litecoin and Bitcoin Cash As Brazilian Movie Theater Goes Crypto

Spanish fintech company PaynoPain has developed a new payment platform to integrate cryptocurrency payments for online shoppers. E-commerce websites will be able to integrate the platform and allow customers to make payments in Bitcoin (BTC), XRP, Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), XEM, STEEM and Steem Dollar (SBD).

The new platform will launch through the company’s online payment gateway Paylands which services companies in 12 countries. Customers will be able to shop online and make crypto payments by using QR codes on their mobile phones.

According to the announcement, online Bitcoin and crypto payments will be easier and faster than traditional options, such as credit cards, because shoppers won’t need to open an account.

“The platform, which is very simple to use, utilizes cryptography that allows customers to pay simply by scanning a QR code. So it’s not necessary to open wallets or enter data, achieving an even faster and safer purchasing process. The seller will charge in the cryptocurrency chosen by the buyer, and then the seller can either keep the crypto or simply exchange it for euros or other fiat.” 

Paylands’ new crypto platform is built on Hyperledger and Ethereum, reports news outlet Criptonoticias. The new service is expected to launch in March.

Meanwhile Cineplex Cine Multi in Florianopolis, Brazil is the first movie theater in the country to accept Bitcoin for payment. The venue has partnered with Bancryp App, a crypto payments platform, to facilitate Bitcoin payments for moviegoers.

Says Fernando Costa, owner of Cine Multi,

“For Cine Multi, which already follows the path of culture, pioneering an innovative market is a huge step forward. Now all the customers besides being in a pleasant environment, will also be pioneers to pay a cinema with Bitcoins.”

Bancryp, a fintech disruptor, says it plans to strengthen crypto economics in Brazil.

“Similar to a bank, but for your cryptocurrencies. Bancryp, which targets one million users and active establishments in Brazil, is focused on strengthening the Brazilian crypto economics with high technology and a real experience with cryptocurrencies.”

View image on Twitter


Parecidos com um banco, mas para suas criptomoedas!⠀⠀⠀⠀⠀⠀⠀⠀⠀

A Bancryp que tem como alvo um milhão de usuários e estabelecimentos ativos no Brasil, segue focada em fortalecer a criptoeconomia brasileira com alta tecnologia e uma experiência real com criptomoedas.

See Bancryp’s other Tweets

Bancryp’s partnership with Cine Multi, which is located in the city’s Multi Open Shopping center, puts Bitcoin and crypto at the heart of Florianopolis, home to half a million people. The shopping center is a major destination for families, moviegoers and shoppers.

Posted in Uncategorized | 1 Comment

Not Just Bitcoin – Bakkt Wants to Know Which Cryptocurrencies It Should Add Next

Bakkt, the new company from Intercontinental Exchange, the owner of the New York Stock Exchange, is reiterating its master plan to bring multiple cryptocurrencies to the mainstream.

The platform aims to offer regulated trading, clearing and custody, and a secured environment where consumers and institutions can seamlessly buy, sell, store and spend digital assets.

Bakkt says Bitcoin is the clear crypto leader and the obvious choice for its first futures contract. But the company is also “taking opportunities in our start-up phase to expand our offering” and is open to feedback on which digital assets it should support next.

“Bitcoin today accounts for over half of total crypto market capitalization and has been deemed to be a commodity, and its derivatives are regulated in the US by the CFTC.

As the world’s most liquid and widely distributed cryptocurrency, and where we’ve seen the most customer demand, bitcoin’s profile creates a liquid product on which to build a futures contract.

We’ll consider additional contracts as the landscape evolves and as we receive additional customer feedback about what they want and need.”

Bakkt says inquiries can be sent to On Tuesday, Bakkt announced it is delaying its plans to launch its first Bitcoin futures contract, noting that the “volume of interest” and work required to get everything up and running requires more time.

“As is often true with product launches, there are new processes, risks and mitigants to test and re-test, and in the case of crypto, a new asset class to which these resources are being applied. So, it makes sense to adjust our timeline as we work with the industry toward launch.”

The company’s new target date for launch is January 24th, pending regulatory approval.

Posted in Uncategorized | Leave a comment
%d bloggers like this: