Bitcoin (BTC) “isn't broken” if it’s holding at the current price and volatility levels, Fundstrat’s Tom Lee said to CNBC's "Fast Money" on August 6. In the interview, the Wall Street bull referred to the current indicators of Fundstrat’s recently launched Bitcoin Misery Index (BMI), which aims to inform investors of how “miserable” holders of the currency are based on its price and volatility. According to Lee, when the index is below 27, it shows that future returns are very good, while if it surpasses 68 percent, it is “time to sell Bitcoin.” Pointing at the index’s current number of …

Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream media, a spokesperson told Motherboard Friday, August 3. Earlier on Friday, New York Stock Exchange (NYSE) operator the Intercontinental Exchange (ICE) announced plans to create a new “global platform and ecosystem for digital assets,” dubbed “Bakkt,” alongside a group of big name enterprises including Starbucks, BCG and Microsoft. Following the major announcement, a number of mainstream media outlets, including Bloomberg and CNBC, ran misleading headlines –– such as CNBC’s “New Starbucks partnership with Microsoft allows customers to pay for …

A New York Stock Exchange (NYSE) trader told to Yahoo Finance in an interview Aug. 3, that at the moment Bitcoin (BTC) is “very iffy” following the launch of a new regulated BTC exchange Bakkt by the Intercontinental Exhange (ICE), the parent company of NYSE. Alan Valdes, a senior partner at international advisory firm Silverbear Capital and NYSE trader, raised concerns about BTC, when asked if the launch of Bakkt may be a sign that Wall Street is serious about crypto. Valdes said: “How do you protect your Bitcoin? These wallets seems very iffy at best. If someone hacks into …

Cryptocurrency exchange Gemini Trust Company, LLC (Gemini) has announced that former Chief Information Officer of the New York Stock Exchange (NYSE) Robert Cornish has joined the company, according to a press release published July 6. Cornish will join Gemini, which was founded by the Winklevoss brothers, as its first-ever Chief Technology Officer. Cornish has previously held various senior positions at the International Securities Exchange, and was named by Institutional Investor as a “Trading Technology Top 40” Financial Services executive. At Gemini, Cornish will be responsible for leading technology initiatives and monitoring the deployment of Nasdaq’s SMARTS Market Surveillance technology, which …

This interview has been edited and condensed. Cointelegraph had the opportunity to speak to ConsenSys’ Ajit Tripathi at BlockShow Europe 2018 about his experience leaving Wall Street for the crypto world, what new ConsenSys projects he’s most excited about, and why crypto regulation changes from country to country. Molly Jane: Could you tell us a little bit more about what ConsenSys does and what your role is there? Ajit Tripathi: ConsenSys is a venture production studio based in Brooklyn, and now we have offices in London, in about 30 countries, including London, Paris, South Africa, Australia, and Singapore — we're …

The owner of the New York Stock Exchange (NYSE) is mulling letting customers buy and hold Bitcoin, The New York Times reported late Monday, May 7. The move would be the second Wall Street giant in a week to reportedly open up to crypto. As the New York Times reports, citing “emails and documents” as well as four anonymous sources, NYSE owner Intercontinental Exchange (ICE) is planning to offer traders contracts that eventually result in customers owning the cryptocurrency. The news comes just days after the publication quoted a Goldman Sachs executive, who appeared to confirm the bank would debut …

NASDAQ has agreed to provide the New York-based startup Noble Markets the core technology to power a marketplace for trading bitcoins, Russia’s Ministry of Finance is expected to take measures against the usage of monetary surrogates such as bitcoin, and more top stories for March 24. NASDAQ to Provide Trading Technology for Bitcoin Marketplace NASDAQ OMX Group Inc, which owns and operates the NASDAQ stock market, has agreed to provide the New York-based startup Noble Markets the core technology to power a marketplace for trading bitcoins and related digital-currency assets. Noble Markets will use NASDAQ's X-stream trading system, which is …

Ever since a growing number of investors have turned their attention to Bitcoin, those who know the ins-and-outs of the market are not just looking to invest in the digital currency, but also in the promising businesses springing up within the fledgling industry. One of these Bitcoin businesses is San Francisco–based BitFury, and if the Bitcoin manufacturer keeps course, the company has a great chance of becoming the world's biggest publicly traded Bitcoin Company. First Bitcoin Stock? You certainly can't buy Bitcoin stocks from the NYSE. But while the stock exchange market is centralized, over-the-counter markets are not. OTC markets …