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‘BIGGEST NEWS OF THE YEAR FOR BITCOIN’: ICE DEAL HELPS ETF CHANCES

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Intercontinental Exchange (ICE) teaming up with Microsoft, Starbucks and others on digital asset platform Bakkt makes it “much easier” for a Bitcoin ETF to launch. KELLY: ICE IS ‘HUGE NEWS’ That’s according to Brian Kelly, CNBC’s regular cryptocurrency commentator and BK Capital Management founder, who called the plans the “biggest news of the year” for Bitcoin. Kelly was speaking one day after ICE, which owns the New York Stock Exchange, confirmed its high-profile partnership to build a “global ecosystem for digital assets” with a slated launch date in November 2018. Together, the participants will create a digital asset warehouse for investors to “buy, sell, store and spend digital assets on a seamless global network.” https://bitcoinist.com/biggest-news-year-bitcoin-ice-deal-helps-etf-chances-brian-kelly/

$32mil Raised by Mining Company Listed on London Stock Exchange

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Idealistic startup Argo Blockchain PLC, a mining company, is the first cryptocurrency-related firm to sit on the prestigious London Stock Exchange. In only its initial trading day, Argo raised $32 million, earning a $61 million valuation in the process. Mining Company Argo Blockchain PLC Rakes In $32 Million on the LSE At 16 pence per share, 156,250,000 shares sold, slightly over half of Argo’s capital has been booked, totaling $32 million, and that means the startup has a baseline valuation of $61 million now that it is listed on the London Stock Exchange (LSE). LSE has roots going back nearly half a millennium, and can currently boast of a market cap north of four and a half trillion dollars. Listing Argo gives crypto-related businesses a huge boost of legitimacy, and especially if all goes well. Registered shareholders such as Jupiter Asset Management, Henderson Global Investors, and Miton Capital helped secure that $32 million right out of the gate. Founded ...

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