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NYSE Owner Predicts Bitcoin (BTC) Becoming the First Worldwide Currency




The CEO and owner of Intercontinental Exchange (ICE), the company that owns NYSE (New York Stock Exchange), has decided to form a new firm called Bakkt. Additionally, he stated that Bitcoin (BTC) might become the first currency that would be accepted and used worldwide.

Helping BTC become a worldwide currency

According to a recent statement by Jeffrey Sprecher, the founder, chairman, and CEO of ICE, Bitcoin might become the first currency that will be accepted worldwide. This is a phenomenal achievement, and the fact that it can be made by a crypto makes it even more so. Now, Sprecher has a plan that will allow Bitcoin to take a next step towards making that a reality.

The plan includes the creation and launch of a new company, by the name of Bakkt. The firm will serve as a bridge between Bitcoin, Wall Street, and Main Street. Sprecher has stated in a recent interview that Bitcoin’s potential is huge and that Bakkt will have a unique opportunity to allow it to reach it.

Eventually, Bitcoin can become a global currency of choice, which would vastly simplify the process of moving the money around the world. Additionally, this move will also bring the launch of physically-delivered BTC futures, as well as custody crypto assets. Not only that, but a number of companies will join in on the move, including Microsoft and Starbucks. While this doesn’t mean that Starbucks will actually start accepting BTC, as some recent headlines falsely indicated, it will accept fiat currencies that can be obtained by trading BTC on Bakkt platform.

The move will also represent a big change for ICE itself, considering that only a little more than half a year ago stated that it doesn’t want to rush into dealing with Bitcoin and its products.

The move to attract more young investors

Bitcoin, as well as other cryptos, have been making continuous efforts to enter the mainstream usage for a long while now. Unfortunately, they were mostly unsuccessful when it comes to achieving any great victory in this field. Now, with ICE’s help, this might become a reality. Not only that, but it might also attract new generations of investors.

While older investors continue to remain the biggest skeptics when it comes to new technologies, the younger generations have also been very careful about the traditional financial institutions. Sprecher said it himself, stating that millennials do not trust regular banks, asset managers, brokerages, and alike. If these institutions wish to attract younger users, they will have to offer them currencies that they believe in, and BTC might be a perfect choice.

Sprecher recognized this long ago, and he even stated back in April that cryptocurrencies are not a trend that can be ignored. He criticized to an extent the willingness of younger generations to put their faith in Satoshi Nakamoto instead of the US Fed. But, he also recognizes that the things are as they are and that everyone needs to adapt to the new situation in order to remain relevant.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful trading…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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