Bitcoin trademark was first registered to no other than the Escobar family according to the official documents acquired from the United States Patent and Trademark Office. The latest cryptocurrency news shows us that Pablo Escobar’s brother, Roberto Escobar was the first person to sign next to the Bitcoin’s naming rights.
The U.S trademark office document 88055293 details the bitcoin trademark origin as the former owners under the Coin Legal LTD which is an UK registered company. From the UK company database, Companies House, we can see that Coin Legal LTD was founded in 2018 in July by the director Olof Kyros Gustafsson who acts as the CEO of Escobar Inc. according to his Twitter profile:
“Investor, Philanthropist. CEO of Escobar Inc.”
The Coin Legal’s initial application for the naming rights for the current largest cryptocurrency was signed off by the founder by the company who is not listed on the UK database. The founder is Roberto de Jesus Escobar Gaviria or better known as El Osito (little bear)- who is the brother of the popular drug kingpin and Colombian drug lord Pablo Escobar.
The application for the bitcoin trademark was filed in July 2018 which is one month after Coin Legal registered with the UK business authorities. During this time, as reported in the coming altcoin news, Craig Wright came along with his own trademark claims. He filed his own claim in November 2018 and started a silent ticking bomb that gave the former owners six months to contest. According to the document that was sent to Coin Legal:
“To avoid abandonment of applicant’s trademark application, the USPTO must receive applicant’s complete response to this letter within 6 months of the issue/mailing date below.”
There was not a single reply so Craig Wright declared himself as the real Satoshi Nakamoto. Coin Legal Ltd’s original claim on bitcoin noted:
“Financial services, namely, providing a virtual currency for use by members of an on-line community via a global computer network.”
Wright claim goes further:
“Cryptocurrency, namely, providing a digital currency or digital token for use by members of an on-line community via a global computer network; Cryptocurrency, namely, a digital currency or digital token, incorporating cryptographic protocols, used to operate and build applications and blockchains on a decentralized computer platform and as a method of payment for goods and services.”
New Banknotes Help Venezuela Set A Bitcoin Trading Record
Brokerage Giant TP ICAP Opens Its Doors To Bitcoin Trading
“We want to be close to what’s happening within this nascent asset class because we believe it’s important to invest in the early stages of a growing market.”The brokerage giant TP ICAP hopes that the new bitcoin trading option will attract the new clients’ money and will diversify its offering. The company which operates as an intermediary to financial, commodity and energy markets has seen a slight slump in revenue since the 2008 meltdown. Brokerage companies like ICAP mainly make trades for its banking partners but the volumes show that the company was forced to issue a profit warning in 2018. The initiative will be conducted from London by Duncan Trenholme and Simon Forster who have plans to expand in the United States and in Asia. The ICAP services will provide derivatives trading but they won’t turn their eyes from the option to hold digital assets directly in the future. Forster admitted that the number one cryptocurrency poses a threat to traditional assets so the finance executives can’t really afford to stand on the sidelines:
“TP ICAP also understands that this technology could disrupt or impact other asset classes where we currently operate, so we feel it’s important to be informed.”The traditional finance firms are slowly getting into crypto as well. At the start of the year, Fidelity launched bitcoin custody services for their clients. The multi-million asset management company will also facilitate bitcoin trading in the upcoming months. Also as noted in some of the best cryptocurrency news sites, the Intercontinental Exchange (ICE), which is the parent company of the New York Stock Exchange is preparing to launch Bakkt which is a physically-settled bitcoin futures and custody offering. In the meantime, Nasdaq will launch its own platform for bitcoin derivatives in 2019.
Bitcoin Ignores Correction Calls: Where Is BTC Headed?
“$BTC – found resistance right at the lower cloud and has opened the weekly candle inside the cloud. This represents the highest time frame that #bitcoin has breached into the cloud…with resistance at just above $10K…”An analyst named Chonis Trading then took to Twitter with the following statement: https://twitter.com/BigChonis/status/1140410183665049603 He also added:
“One more step up the mountain as #bitcoin hits right at the 38.2% fib resistance making it the next target for the bulls to close over and also makes maintaining the 23.6 fib support that much more important for overall continuation…”As Bitcoin ignores correction calls, many believe that the $10,000 mark could be achieved very soon.
Bitcoin Hash Rate Reaches New High As Price Reclaims $9,000
Join us on Facebook
- Europol Aims To Improve Blockchain And Crypto Knowledge
- Storecoin’s Third Milestone Token Offering Launching, Ari Paul and BlockTower Capital are Early Backers
- New Banknotes Help Venezuela Set A Bitcoin Trading Record
- Bitmain Sues Three Former Employees Who Founded Rival Mining Pool
- Brokerage Giant TP ICAP Opens Its Doors To Bitcoin Trading
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Ethereum News3 days ago
Ethereum Will Skyrocket By 70% Against BTC: Analyst Prediction
Bitcoin News3 days ago
Bitcoin Tax Evasion Will Be Criminally Punishable: IRS Warns
Bitcoin News3 days ago
Weiss Ratings Upgrades Bitcoin From B- To B: Report
Altcoin News4 days ago
Bitcoin Wraps Around $8,200: Consolidation Could Happen Soon
Altcoin News1 day ago
Hottest Cryptocurrency Is Up 330% This Year (And It’s Not Bitcoin)
Bitcoin News4 days ago
Call Center Scam From India Steals $1.7 Million In Bitcoin
Altcoin News3 days ago
Crypterium Launches A Global Crypto Payments Card
Altcoin News3 days ago
Bitcoin’s Worth Goes Beyond $8,500, Most Of The Altcoins See Loses