Ultimate Assets

Bitcoin has many potential uses, which is one reason it has become such a popular cryptocurrency. But aside from its use as a currency and as an investment store of value, it also plays a very important role in helping citizens in repressive countries protect their wealth and move it away from the control of […]

A new Bloomberg report states that about 7% of the world’s supply of Bitcoin is currently being held by a single firm. That firm, Xapo, was started in 2014 to provide cold storage options to Bitcoin investors. Evidently the company’s product has become so successful that more and more Bitcoin investors are choosing to store […]

According to recent reports, Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), is developing plans to open an online Bitcoin trading platform for large investors. While the plans are still confidential and there is no guarantee that it will even occur, a platform like this established by such a major player […]

As many cryptocurrency enthusiasts and investors know, the major issue looming over cryptocurrencies is the prospect of future regulation. In most jurisdictions, regulators have taken a relatively light touch so far. Aside from registering with government authorities and complying with money services business regulations, know your customer (KYC) laws, and anti-money laundering (AML) regulations, cryptocurrency […]

The Berkshire Hathaway annual shareholder’s meeting was held this past weekend, and it featured a number of high-profile comments about Bitcoin. As was perhaps to be expected by those who have benefited greatly from speculative activity in the stock market, all of them were bearish on Bitcoin and bullish on stocks. Three billionaires, Warren Buffet, […]

Bitcoin’s 17 millionth coin was just mined recently, meaning that over 80 percent of all bitcoins that will eventually be created are now in existence. Bitcoin’s cap of 21 million coins is expected to be reached in 2140. Many of the bitcoins currently in existence are not being or cannot be used. That includes the […]

Adding to the list of alphabet soup agencies nudging into the cryptocurrency arena, the Federal Trade Commission (FTC) plans to host an informational workshop devoted to examining cryptocurrency scams. The workshop is scheduled to take place in Chicago on June 25, and will also be broadcast live on the internet. The FTC workshop is entitled […]

The price of ether, the cryptocurrency component of Ethereum, took a hit yesterday after reports that it has fallen under the watch of federal securities regulators. Whether ether is a security or a currency is under debate. Since there is no single federal financial regulator, competing agencies may try to expand their clout and bring […]

In the days leading up to Berkshire Hathaway’s annual shareholder meeting, Warren Buffett is in the news once again, as the “Oracle of Omaha” becomes the focus of much of the financial media’s attention. This time around he has made headlines for his comments on Bitcoin, claiming that those who invest in Bitcoin are actually […]