Bitcoin is 10 years old. But it won’t go mainstream until it’s regulated

New York CNN Business — Bitcoin, the world’s most famous cryptocurrency, just celebrated its tenth anniversary. Bitwise Asset Management filed last week with the SEC for an exchange-traded fund that would track bitcoin’s performance. “Bitcoin is a speculative asset that’s still in its infancy,” said John Ryding, an economist and adviser at Moeda, which uses blockchain technology to help small businesses get loans. The good news is that bitcoin’s been beaten up but it’s still in the game.” Bitcoin optimists like Hougan think the worst is over. In 2017, bitcoin futures launched on both the Chicago Board Options Exchange and the Chicago Mercantile Exchange and the mutual fund giant Fidelity also established a trading platform for bitcoin and other cryptocurrencies late last year.