Bitcoin- A Brief Glimpse at Its Growth and Evolution

1 With time, technology will continue to seep into all aspects of lives. Digital payment systems are gaining exponential popularity, and even in that segment, newer technologies are emerging. While millions of people use internet banking and credit cards for making payments, cryptocurrencies are gaining rapid interest. While mass acceptance is still far away, more entities and financial institutions are…

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World’s largest Asset Manager BlackRock readies for Bitcoin exposure.

The trillion-dollar asset management behemoth Blackrock has given the green light for two of its funds to invest in Bitcoin futures. Latest filings with SEC reveal that both the BlackRock Global Allocation Fund Inc. and BlackRock Funds V could be gearing up to trade Bitcoin (BTC) derivatives. According to the filings, the funds will invest only in cash-settled Bitcoin futures…

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