Bitcoin - From an Investment Commodity to Everyday Use
Bitcoin is quickly moving away from the investment realm and into everyday use. Recently, Coupofy released a new Infographic study about the digital currency. Coupofy is one of the largest networks of online stores with an instant flow of the greatest online deals available in the US market. The company's merchant list grows almost daily and includes merchants offering alternative payment options such as Bitcoin, PayPal etc. Coupofy is not only a coupon website. The company's commitment is to take consumers on the cutting edge of their online shopping experience by developing new....
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Bitcoin’s growth since its 2009 launch has not formed a solid, straight line. But the upward movement continues, and those who question its continuance will have a hard time justifying their doubts in the face of a graphic overview prepared by Coupofy.com, a Bali, Indonesia-based digital marketing concern that provides online coupons for retailers. Bitcoin is moving from an investment commodity to everyday use, according to Coupofy.com. But this was only one of several positive findings about bitcoin’s future that Coupofy.com illustrated in 33 charts provided to CCN.
2016 set the bull charging again. A combination of events, beginning with bitcoin’s popularity as a hedge that protects assets from the forces afflicting traditional markets, set the stage for the price more than doubling in 2016. The good news on the price front tempered the volatility that has historically plagued the cryptocurrency, helping to solidify its role in society. The positive news on the price front facilitated the continuing venture capital investment in bitcoin that was evident throughout the year. Venture capital investment in bitcoin in the last three years topped $927....
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking regulators will collaborate to oversee the crypto sector.
Gary Gensler: Bitcoin Is a Commodity
SEC Chairman Gary Gensler clarified his position on cryptocurrency, particularly bitcoin, in an interview with Mad Money host Jim Cramer on CNBC Monday.
“This is a highly speculative asset class. We’ve known this for a long time,” Gensler said when....
Imagine if every shot, goal or win paid real money to everyday players. Welcome to the world of bitcoin esports.
Much like gold, oil, or soybeans, Bitcoin is now officially considered a commodity. The agency that regulates the US commodity trading market, the Commodity Futures Trading Commission (CFTC) has finally recognized the digital currency as a commodity. The debate on bitcoin can be defined as a commodity or not as been here for quite some time and the FCTC. By officially recognizing the digital currency as a commodity the CFTC assures its authority to supervise the trading of digital currency futures and options, which will now be subject to the agency's regulations. If there is any....