Woman's hands hold Gold Bitcoin on a thread

The long-time rallying cry for digital asset participants since 2018 is that you better get in now, because institutional investors are coming. Prior to 2020, that narrative had largely failed to materialize.

However, a post-COVID-19 world has seen several economic and financial dislocations, including dramatic monetary expansion by the Federal Reserve, skyrocketing unemployment, corporate bailouts, and a surging fiscal deficit. All of the above amidst the backdrop of bitcoins supply issuance rate being reduced for the third time.

https://fred.stlouisfed.org/series/WALCL

The aforementioned has made notable investors, including Paul Tudor Jones, publicly state their existing investments or intentions of investing in bitcoin.

The proverbial blessing from the smart money appears to have opened the floodgates for legitimate, institutional interest, which was recently co-signed by Bloomberg in the now famous, Price will rise unless something goes really wrong report.

The past three months have shown a demonstrable increase in bitcoin Options Open Interest. The most notable being the CME, which has skyrocketed from $4 million to $373 million over the period. The dramatic rise lends further credence to the institutionalization of the bitcoin space because many large investors are either prohibited from holding bitcoin outright or do not trust the current custody solutions, which makes regulated futures and options contracts via the CME the preferred avenue.

https://skew.com/

Furthermore, per Skew, the Put/Call ratio has fallen dramatically since the end of May from 0.65 to 0.41. Anecdotally, a ratio above 0.75 is a high probability of a bear reversal, whereas a ratio below 0.50 is a high probability of a bull reversal. Furthermore, the ratio is at its lowest level since Skew began compiling the metric.

https://skew.com/

On the surface, the dramatic increase in options open interest appears to have flooded into call options, which looks quite bullish when analyzing the put to call ratio. However, digging a little deeper into options breakdown yields an alternative conclusion.

Zach Le of Pirata Capital Management notes that analyzing OTC action suggests that a more likely scenario is that sophisticated investors are currently net short bitcoin and are using the call options to hedge their short exposure.

For example, below is a simulated yield curve for individual short 1 bitcoin and long 1 June 26 $11,000 call option.

https://www.deribit.com/

Le notes, the aforementioned structure is a far more efficient way to essentially set a stop loss at a key resistance level, e.g. $11,000 without the fear of being stopped out by wick hunting, which might occur with just a normal short position with a stop loss on an exchange.

He further notes there is a lot of utility in these calls options given where we are in price action, how low volatility is, and how wound up the market is, but I think a lot of traders are overlooking this because derivatives are mostly seen as a speculative tool.

Further credence to this slightly bearish notion can be found in bitcoins lack of ability to surpass the key $10,000 level yesterday despite the Fed Chair Jerome Powell stating their intention to keep interest rates close to zero through 2022, while pumping at least $120 billion a month into the financial system for the foreseeable future.

Update: At the time of writing, bitcoin has fallen approximately 7% from yesterdays highs, and is currently trading around $9,300.

The author owns bitcoin and Ethereum at the time of writing.

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Bitcoin Derivatives Volume Suggest Institutional Players Are Here, But Its Not Signaling What You Think - Forbes

The United States has been creating military simulations, otherwise known as war games, for years now. In fact, the Pentagon and various professional analysts created a permanent war gaming facility for simulations. This week a report indicates that Pentagon officials have purportedly created a war game that involves Generation Z (Gen Z) and the rebels leverage bitcoin to fight a corrupt system.

On June 5, 2020, the news outlet, The Intercept, published a leaked document that shows the Pentagons alleged plans for a specific war game. The game is a theory or simulation of events created theoretically, so analysts can discover what could happen if certain things transpired. Essentially the Pentagons latest war game simulation theory involves the cryptocurrency bitcoin and the generation known as Gen Z.

The phrase Gen Z is a demographic of individuals that have succeeded the Millennial generation. Gen Z kids were born in the mid-to-late 90s and the generation ends around the 2010 region. Most Gen Z kids are extremely comfortable with technology from the digital age.

Essentially, the war game scenario created by the Pentagon is called a Notional Exercise Material for Educational Purposes Only and it was allegedly distributed by Joint Land, Air, and Sea Strategic Special Program (JLASS).

The documents obtained by The Intercept describe a scenario that involves Gen Z fighting a corrupt government run by financial incumbents and corporate entities. The Gen Z rebels basically take back a number of stolen funds from the status quo and they put the money into the cryptocurrency ecosystem, specifically bitcoin.

Basically, The Intercept highlights that the war game scenario becomes a global cyber campaign to expose injustice and corruption. Interestingly the Pentagon war game that involves Gen Z and bitcoin comes at a time when the world is feeling a lot of unrest.

For instance, in nearly every city in the United States, there have been mass protests and riots. The populace is seemingly and slowly figuring out that the monopoly on force is currently cornering the worlds citizenry into a dystopian future.

The war game scenario calls Gen Zs act a Zbellion and the timeline begins eerily during the middle or end of 2020. The members of the Zbellion feel disenfranchised and take from the corrupt government by using the counter-economy. Malware is used to siphon funds from the fraudulent globalist powers that have oppressed Gen Z.

Its not the first time U.S.-based entities working with the government have created war game simulations. War game scenarios have gone on for decades in the U.S. and various other countries across the globe.

Millennium Challenge 2002 (MC02) was an extremely popular war game created by the U.S. military and it cost around $250 million to simulate. MC02 also leveraged a number of computer simulations in order to get desired effects.

What do you think about the Pentagons newly introduced war game simulation? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, The Intercept,

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Leaked Pentagon War Game Shows Gen Z Using Bitcoin to Battle the Corrupt State - Bitcoin News

Today, bitcoins and the like are literally useless for any purpose other than losing money. But what if, five years from, young people begin demonstrating against injustice and corruption and begin supporting those causes it deems beneficial? (Wildly speculative, we know.) And lets say the U.S. government believed there was a military role for shutting that down, and that the military itself did, too? (Farfetched, yes, but go with us.) Well, said military fears, in such a scenario, bitcoins would become quite useful, indeed.

During face-to-face recruitment, would-be members of Zbellion are given instructions for going to sites on the dark web that allow them to access sophisticated malware to siphon funds from corporations, financial institutions, and nonprofits that support the establishment. The gains are then converted to Bitcoin and distributed to worthy recipients including fellow Zbellion members who claim financial need. In the world of JLASS 2018, Gen Zs most militant members have essentially taken to privately taxing large corporations and other institutions to combat income inequality or, as the war gamers put it, using the cyber world to spread a call for anarchy.

Crazy, right? And definitely not something the ruling party would seek to turn into a reality.

The Pentagon war game documents have been revealed after Florida Republican Representative Matt Gaetz called for the government to "freeze" the money of demonstrators after country-wide protests over the killing of George Floyd turned violent this month.

Cryptoanarchists of the world, unite! You have nothing to lose but a couple of tall, obnoxious assholes, and possibly a couple of centuries of racial and economic injustice.

Pentagon War Game Includes Scenario for Military Response to Domestic Gen Z Rebellion [The Intercept]Pentagon Documents Reveal The U.S. Has Planned For A Bitcoin Rebellion [Forbes]

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Harmless On Their Own, Bitcoins And Gen Z Combined Constitute Serious National Security Threat - Dealbreaker

Bitcoin has struggled to find support in the U.S. government, with president Donald Trump, along with Treasury secretary Steven Mnuchin, leading the criticism.

Now, it's been revealed the U.S. Department of Defense has wargamed scenarios involving a Generation Z rebellion that uses bitcoin to undermine and evade "the establishment."

The Pentagon seen from an airplane over Washington D.C., the United States.

In the Pentagon war game, young people born between the mid-1990s and early 2010s use cyber attacks to steal money and convert it to bitcoin, documents published by investigative news site The Intercept revealed.

Called the 2018 Joint Land, Air and Sea Strategic Special Program (JLASS), the war game is set in 2025 and is "intended to reflect a plausible depiction of major trends and influences in the world regions."

The scenario, which echoes recent protests in the U.S. and around the world against racial injustice, involves some members of Gen Z, who see themselves "as agents for social change" and believe the "system is rigged" against them, begin a "global cyber campaign to expose injustice and corruption and to support causes it deem[s] beneficial."

The group, called Zbellion, encourages cyber attacks against organizations that support "the establishment," funnelling stolen cash into bitcoin to make "small, below the threshold donations" to "worthy recipients" and Zbellion members.

The program, which also reportedly wargamed scenarios involving Islamist militants and anti-capitalist extremists, was conducted by students and faculty from the U.S. militarys war colleges, the training ground for prospective generals and admirals.

The documents reveal the U.S. Department of Defence has seriously considered the possibility bitcoin ... [+] could be used by future rebellions.

Bitcoin has increasingly been adopted by Wall Street and the world's biggest financial institutions since its 2017 price explosion but remains a tool to fight government control.

The Pentagon war game documents have been revealed after Florida Republican Representative Matt Gaetz called for the government to "freeze" the money of demonstrators after country-wide protests over the killing of George Floyd turned violent this month.

"One of the most important tools in the authoritarian toolkit is the ability to freeze the funding of legitimate political dissent," Nathaniel Whittemore, a bitcoin and cryptocurrency consultant and strategist, said previously.

"By separating the infrastructure of money from the infrastructure of state power, bitcoin makes it that much harder for this type of politically motivated confiscation."

Bitcoin has seen a surge of interest in recent months due to the coronavirus pandemic and never-before-seen levels of government borrowing.

"In the wake of unprecedented central bank action around the Covid-19 crisis, it seemed like the most relevant narrative of bitcoin in 2020 was as a hedge against inflation," Whittemore said.

"It appears, however, that its capacity for censorship resistance might be just as relevant."

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Pentagon Documents Reveal The U.S. Has Planned For A Bitcoin Rebellion - Forbes

Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year.

According to the companys June Crypto Outlook report, something has to really go wrong for bitcoin not to appreciate in value.

Bloomberg points to quantitative easing and the coronavirus pandemic as the fuel behind bitcoins maturity, particularly when benchmarked against the falling stock market and crude oil. Both factors will cause the price of bitcoin (BTC) to rise.

Covid-19 is hastening the shift away from paper money and stimulating plenty of quantitative easing, which is helping independent stores-of- value such as gold and bitcoin, the report notes.

Last year, the high was about $14,000, which would translate into almost double in 2020 if rotating within the recent band, and mean little in the big picture, it added.

Bitcoin twice breached $10,000 since its supply cut event three weeks ago, but has struggled to stay above the key level, as investors quickly dumped the asset. Its latest action involved a flash rally to $10,400 on June 1, followed by a 17% crash barely a day later.

The BTC price, up about 33% since the beginning of the year, is trading at $9,549 at Press time, down 0.5% over the last 24 hours.

Describing bitcoin as a resting bull, Bloomberg highlighted that increased institutional interest, the rising number of active BTC addresses, futures markets as well as mass adoption will lead the pioneering digital asset higher.

The report specifically mentions Grayscale Investments aggressive crypto acquisitions. Consuming 25% of all newly minted BTC in 2020, the Grayscale Bitcoin Trust Fund is by far the largest crypto-asset exchange-traded instrument, helping institutional adoption, it said. The Fund manages over 340,000 BTC, or $3.25 billion, on behalf of investors.

Active bitcoin addresses, which reached a two-year high of 891,000 this year, represent increasing adoption and that will help BTC stay above $10,000, Bloomberg opined. Unless advancing addresses abruptly reverse, history indicates bitcoin has a propensity to appreciate, it said.

The report notes that while futures open interest isnt a large portion of total bitcoin supply, accounting for 50,000 BTC, futures are significant as a primary gateway for the benchmark crypto to become a mainstream asset class.

Maturation, greater depth, and plenty more exposure via futures should continue to suppress the first-born cryptos volatility, clearly keeping it tilted toward price appreciation, Bloomberg observed.

What do you think about Bloombergs price prediction? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg | News - Bitcoin News

Bitcoin has has long been feted as a new form of money, a two-finger salute to the establishment, even as a digital equivalent to gold, but its not often prized for its stability. That could change with the introduction of a new futures contract.

Crypto exchange BTSE has taken the unorthodox decision to price tether gold futures contracts in bitcoin, rather than in the more conventional U.S. dollar.

Heres how it works: Its a perpetual contract a future without expiry that tracks the value of one tether gold (XAUT) token, which itself tracks the value of one troy ounce of physical gold. Its also built on the ERC20 token standard, which means it can be pretty much traded on any crypto exchange.

Unlike other contracts, this one is priced in bitcoin. While the USD spot price of XAUT tokens is currently $1,720, according to CoinGecko, BTSEs contracts are trading around the 0.17 BTC mark.

The contract allows traders to compare and speculate on whether bitcoin or gold will turn out to have the most demand and outperform the other, as a new store of value.

Imagine it as gold versus bitcoin, a BTSE spokesperson said.

Still, a gold/BTC contract is bound to raise a few eyebrows.

Like regular futures, perpetual contracts have forced liquidations. If the spot price crosses a certain threshold the contract automatically settles, at a loss to the holder. Crypto observers are all too familiar with these and its not unknown for millions of dollars worth of USD-quoted bitcoin contracts to liquidate in one fell swoop.

Surely, a contract quoted in bitcoin would run the risk of liquidating all the time?

BTSE reckons thats not likely because bitcoin and gold have a positive correlation against the dollar.

If the two assets are positively correlated, then the price volatility of this new instrument is, by right, even lower than Gold/USD, a spokesperson said. Thats because the price of gold and bitcoin will likely fall by an equivalent ratio, so the contract remains, more or less, stable.

Bitcoin has long been dubbed digital gold without having any sort of relationship with it. That started to change earlier this year when, against the dollar, it developed a correlation to the yellow metal.

In a report in April, Coin Metrics said the correlation between bitcoin and gold suddenly increased on March 12 Black Thursday. The market, they argued, might be treating both as safe havens during increases in quantitative easing and monetary inflation.

Revisiting the relationship last week, Coin Metrics said: The correlation between gold [and bitcoin] has consistently maintained relatively high levels for several months now, a phenomenon that has not been historically observed.

Not everyone agrees. Charles Bovaird, vice president at Quantum Economics, says the relationship between gold and bitcoin over the past 90 days remains very weak, at under 0.35. In other words, the correlation has not been high enough to be significant, at least during this particular time frame, he said.

But BTSE argues that in a darkening macro backdrop, where central banks are increasingly relied upon to save the day, the market will begin to treat bitcoin more like a store of value.

As it does, so will its correlation to gold improve, making the prospect of forced liquidations for its gold contract priced in bitcoin less likely. In stark comparison, contracts quoted in dollars, which isnt correlated to gold and whos value could change depending on the effects of increased central bank stimulus, might feel the pressure a little more.

If that happens, bitcoin would become more stable than the greenback.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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BTSE Exchange Offers Futures Contracts Tracking Tether Gold and Priced in Bitcoin - CoinDesk - CoinDesk

A record ethereum transaction fee has been paid today: $2.6 million to transfer $134.

The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool.

A nightmare come true, the customer sent 0.55 ether, worth $133.95, according to a record of transactions broadcast on the Ethereum (ETH) network. The money was sent to an address on the South Korean crypto exchange Bithumb.

The funds may be lost forever. Most blockchains are built to prevent transactions from being reversed once the sender confirms it.

Moreover, the fee may have since been distributed to the different miners under Sparkpool as a reward for processing transactions.

Sparkpool said in a tweet on June 10: We are further investigating the incident of unusually high tx feeThere will be a solution in the end.

The Chinese miner has previously repaid a user half of the 2,100 ETH accidentally paid as fees in a 0.1 ether transfer.

There is suspicion of underhand dealing, with some members of the Ethereum community alleging manipulation of the transaction by Sparkpool, or that it was an attempt at evading tax, or money laundering.

In general, the average ETH transaction fee is up more than 637% since January, as the network became congested due to a high number of transactions passing through it.

Transactional errors are not uncommon in the crypto industry, but they dont often come as big as the latest ether gaffe. In 2017, someone paid 50 bitcoin (BTC) in transaction fees to send just under 10 BTC.

Some analysts suggest that blockchain networks should be able to reject transactions if the fee exceeds the average highest fees of the previous 10 blocks mined, just in the same way, say, the Bitcoin blockchain rejects fees that are too low.

What do you think about errors in cryptocurrency transactions? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether | Altcoins - Bitcoin News

Bitcoin is struggling to close above $10,000 in the past three months, but it may head exponentially higher if a super-bullish technical play out as planned.

So sees Eric Thies, a prominent market analyst, who spotted the so-called Chaikin Money Flow, or CMF, on Bitcoins monthly charts. The technical indicator, by definition, combines an assets volume and price action by considering that the former leads the latter.

CMF moves above and below zero based on whether, on average, the stock is finishing in the upper portion of the daily range or the lower portion respectively, reads its description on BinaryOptions.net.

Each day is multiplied by volume, so a down day accompanied by big volume will result in a lower indicator reading than a down day on small volume.

BTCUSD monthly CMF is climbing above zero for the first time since 2016 | Source: Eric Thies

The last time CMF moved above zero was in September 2016 when Bitcoin was trading near $700, noted Mr. Thies. Its occurrence followed an exponential price rally that eventually sent the cryptocurrency up by 2,757 percent to $20,000 in December 2017.

1M CMF suggests that smart money is climbing into the market as its closing in [towards] zero, wrote Mr. Thies. Anything rising above zero is bullish for the Chaikin Money Flow.

Mr. Thies studied the CMF tool in conjugation with another popular technical indicator, the Stochastic Relative Strength Indicator, noting that it helped to determine the bitcoins 2016-2017 bull run.

The BTCUSD monthly Stock RSI enters bullish area | Source: Eric Thies

In May 2020, the Stock RSI on Bitcoins monthly chart crossed to the upside, right when the CMF is looking to make a similar move above zero. The 2016 fractal showed the same pattern: the Stoch RSI jumping above 50, thus confirming a bullish bias, followed by the CMFs jump into the positive area.

Mr. Thies noted that Stoch RSI above 50 is a bull trend with continuation. Meanwhile, the analyst added that its occurrence typically leads to a 300 percent price rally.

1M SRSI has crossed-up, and each time this has happened led to 3x returns at least, he said.

That puts Bitcoins upside price target near $30,000.

The technical analysis appeared as Bitcoin struggles to move past $10,000 despite a favorable macroeconomic scenario. But Mr. Thies noted that short-term bearish moves do not have any authority to predict a long-term bias.

Looking at the cryptocurrencys charts from monthly perspectives prove that even the daily, weekly, and bi-monthly charts could flip into bullish territory.

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A Bitcoin Indicator that Sent Price 2,757% Higher in 2016 Flashes Again - Bitcoinist

On April 3, the cryptocurrency community learned about 11 class-action lawsuits against various executives and digital asset companies. The law firm that filed the lawsuits is also involved with a class-action against Tether and Bitfinex for allegedly manipulating the price of bitcoin. On June 4, the plaintiffs and the litigation firm, Roche Cyrulnik Freedman added the trading platforms Bittrex and Poloniex to the defendant list.

Plaintiffs Pinchas Goldshtein, Benjamin Leibowitz, Jason Leibowitz, Matthew Script, and Aaron Leibowitz are suing Ifinex, the parent company of Tether and Bitfinex. The lawsuit was announced last year and the plaintiffs are represented by the same lawyers that recently filed 11 class-action suits against certain crypto companies and executives. Alongside this, the law firm represents the Kleiman estate in the case versus Craig Wright as well.

According to the recent filing against Ifinex, through the use of the exchange Bitfinex and using tether (USDT), the four firms allegedly created a sophisticated scheme that coopted a disruptive innovation cryptocurrency and used it to defraud investors, manipulate markets, and conceal illicit proceeds.

Part-fraud, part-pump-and-dump, and part-money laundering, the scheme was primarily accomplished through two enterprises, the lawsuit states referring to the exchange and popular stablecoin USDT.

The amendment to the case filed on Wednesday implicates Poloniex and Bittrex as well. The claim is that all the named defendants took part in the scheme and helped manipulate the price of BTC.

The case was originally filed in October 2019, and the plaintiffs are seeking a whopping $1.4 trillion before punitive or treble damages. The latest filing suggests that Poloniex and Bittrex ostensibly used wallets that were created specifically to launder large amounts of USDT.

Given the size and regularity of these transfers through a mechanism they created for that exact purpose and their perfect visibility into the transactions, Bittrex and Poloniex knew the manipulative effect of the transactions on their exchanges, the updated court filing highlights. The plaintiffs further allege:

For otherwise peripheral exchanges, these large trades of purportedly fiat-backed USDT created an impression of legitimacy and consumer trust, leading to further trades and fees for the two exchanges.

Financial columnist Danny Nelson spoke with a Bitfinex and Tether Representative who said that the accusations are not tied to facts. [The lawsuit is] untethered to either the facts or the law, Stuart Hoegner explained to Nelson. [The plaintiffs] conflate perceived correlation with causation in an effort to prop up theories that are untrue and unsupportable, he added in an emailed statement.

Just recently, news.Bitcoin.com spoke with Roche Cyrulnik Freedman partner, Kyle Roche, in an in-depth interview about the crypto cases his firm has filed in the last two years.

What do you think about Poloniex and Bittrex being added to the Ifinex lawsuit? Let us know in the comments below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Tether Logo,

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Poloniex, Bittrex Named in Lawsuit Involving the Alleged Tether-Fueled Crypto Pump - Bitcoin News

Crypto retirement savings firm Bitcoin IRA is ready to take on smaller accounts with the launch of its new IRA product, Saver IRA.

Around four years ago, Bitcoin IRA launched its first self-directed individual retirement account that required balance minimums of $20,000. Now the firm has dropped that minimum to $3,000 for a standard account. With the addition of Saver IRA, the company has a no-balance-minimum account that instead requires a monthly deposit minimum of $100.

When its time to make the decision of when to buy, youll find that folks who want to get their toes wet will freeze, said Chris Kline, Bitcoin IRAs chief operating officer. This gives them a dollar-cost average mechanism without having to think about it every month.

As COVID-19 lockdowns continue to dampen the global economy, Kline said he believes more consumers will look for alternative retirement funds.

I think youre going to see a lot of tightening of belts, a lot less 401(k)s being offered by providers out there possibly, or not matching, Kline said.

Although Kline has been speaking to his staff about the Saver IRA account since November 2018, this is the first time Bitcoin IRA has had enough resources in its compliance department and automation to handle thousands of smaller accounts.

The firm also had to build an application programming interface (API) that would allow users to implement direct deposit.

Around 80% of Bitcoin IRAs existing clients have signed up for the account but Saver IRA is primarily geared for new crypto IRA adopters, Kline added. This coming November Bitcoin IRA plans to further diversify its offering by allowing users to earn interest on their crypto, he said.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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Bitcoin IRA Is Ready to Take On Small Savers With Updated Retirement Savings Product - CoinDesk - CoinDesk