Category: Bitcoinist

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Everyone Should Have 1% of Their Assets in Bitcoin: Virgin Galactic Chair

Chamath Palihapitiya, former Facebook executive and Chairman of Virgin Galactic, says that everyone should have 1% of their net worth invested in Bitcoin. He cited Bitcoin’s quality as a totally uncorrelated asset class, and the overuse of leverage in traditional Read More

Germany’s Second Largest Exchange Adds New Bitcoin Trading Product

Boerse Stuttgart, Germany’s second-largest stock exchange, has added a new inverse Bitcoin Exchange Traded Product (ETP). This will be the first crypto ETP, called 21Shares Short Bitcoin ETP, which allows traders to short Bitcoin. World’s first Bitcoin short product, will Read More

Should Millennials Invest in Bitcoin for their Retirement? – Bitcoinist.com

As the global pension crisis worsens, millennials, are looking at novel retirement strategies, to protect their retirement security. Will bitcoin serve the purpose? Millennials’ Financial Situation Is ‘Relatively Dire’ Baby boomers, and then Generation X, popularized inflation-ridden investments and various Read More

JPMorgan Says Blockchain Is Laying Foundations for Digital Money

JPMorgan released a report last Friday, detailing the global enthusiasm for blockchain technology in the financial sector. In the 74-page report, JPMorgan described several projects that have developed the ‘real world’ financial application and as a result describes 2019 as Read More