One of the most common criticisms about cryptocurrency is that it doesn’t actually exist. What they mean is that since it isn’t staked to anything of value like gold that it’s not real currency and is something of an enigma. Though cryptocurrency in general has overcome this perception and is taking on a more mainstream […]
Brexit is going to end soon. How will Fintech Companies fare in the UK post-Brexit? Is Brexit good for cryptocurrencies or bad for it? Brexit has been on the front burner for most of the past two years. Theresa May has already resigned following her inability to make Brexit happen. Boris Johnson is facing the […]
The Swiss financial regulator has granted capital market and securities dealer licenses to two blockchain companies, set to become the world’s first crypto banks. The Swiss Financial Market Supervisory Authority (FINMA) has issued licenses to Zug-based SEBA Crypto AG and Zurich-headquartered Sygnum AG earlier this week, making them the first companies registered in Switzerland as […]
August 15, 2019, Wirex Japan Limited officially became a type II member of the Japan Virtual Currency Exchange Association (JVCEA). A vital and hard-earned step towards being able to offer the full range of Wirex services to customers in Japan. Wirex Japan Limited is a 100% subsidiary of payments innovator Wirex Limited. Today, it became only the 8th […]
Recently, many people have flocked to invest in cryptocurrencies, turning the once fringe digital money into an asset class valued in the hundreds of billions of dollars. While some observers have criticized the digital money for encouraging abnormally high levels of speculative behavior and volatility in markets, many tech industry insiders ranging from Jack Ma to Bill Gates have […]
Coil, a platform dedicated to reimagining monetization on the web for creators and their fans, today announced a 1 billion XRP grant from Ripple’s Xpring. The money will be deployed towards driving adoption of XRP and the Interledger Protocol (ILP) by growing Coil’s monetization platform through mainstream adoption of Web Monetization, an open web standard built on […]
Coinmine, an LA-based consumer crypto hardware and software company is pleased to announce a $2.5M Seed round of financing led by LA-based M13. The round also includes Republic Labs, Gumi Crypto, Canaan Beta and early Uber investor Shervin Pishevar. Coinmine’s flagship device, the Coinmine One, is the only plug-n-play crypto device and is completely controlled from Coinmine’s […]
Hxro, the crypto games platform that brings together digital currency trading with skill-based social gaming, is excited to announce that users can now play Moon/Rekt in Bitcoin. Today’s launch comes in direct response to user demand and is a natural evolution of the Hxro platform. Bitcoin traders and HODLers can now play a version of […]
The platform will allow existing companies to take advantage of this technology to provide transparent financial reports, supply chain management, authentic product verification, customer usage and satisfaction reports, etc. Ten Billion Coin is not trying to reinvent the wheel in blockchain, but rather help existing companies apply the advantages of the technology to their currently established business […]
Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has listed Tezos XTZto its App and is exploring staking rewards ‘baking’ for its users. XTZ joins a growing list of cryptocurrencies and stablecoins on the Crypto.com platform, such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own […]
Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot,” “Riot Blockchain” or the “Company“) today announced that its Board of Directors is implementing a leadership change. Riot’s Chief Executive Officer, Mr. Jeffrey G. McGonegal is being named as Chief Financial Officer of the Company on an interim basis until a permanent successor Chief Financial Officer is named. Mr. McGonegal replaces the […]
ZenSports, the decentralized peer-to-peer sports betting mobile app where anyone can create and accept sports bets with anyone else without the need for a bookmaker, has just announced a set of quarterly dividend payouts that it will be making to all of its SPORT security token holders. A few months after ZenSports launched the beta […]
China has banned all cryptocurrency startups and transactions. Authorities have also shut down 100 exchanges since 2017 due to the trading of the digital coins. According to a Peoples Bank Of China official, China will be releasing its own coin sometime soon. This is said to be an aim to control cryptocurrency circulation, especially since […]
TurboPlay Corporation (“TurboPlay” or the “Company”), the world’s first personalized video games marketplace, is thrilled to announce a significant breakthrough for the greater technology community. After extensive R&D, TurboPlay has confirmed the ability to provide Stellar transaction signing directly from Elixir, a problem that until today had no viable solution. A more extensive review of this release can […]
DENSO, the world’s second largest mobility supplier, has joined the Mobility Open Blockchain Initiative (MOBI). MOBI is a global consortium of businesses and organizations dedicated to innovating mobility services through blockchain technology, or a decentralized record of data transactions linked through cryptography. By collaborating with MOBI, DENSO joins other automotive and technology leaders who aim to leverage […]
BLOCK 30 Financial and the European Cryptocurrency Exchange (EUCX) today announced a global strategic partnership between their two companies. The pairing will result in the featured use of BLOCK Indexes and BLOCK ETX (Exchange Traded Index) products on the EUCX trading exchange, planned for launch in 2019-2020. “EUCX gives us an immediate, well curated and […]
Dignitaries from Batam and the Indonesian Government met at the Fullerton Hotel with dClinic. To sign what is arguably the largest Blockchain project for the Southeast Asian region. A $140 million USD contract which will greatly influence the role Blockchain will play in Healthcare. Especially for providers and consumers. dClinic has engaged Deloitte & Touche Financial […]
For years, governments around the world have been floundering with the challenge of how to respond to crypto and blockchain technology. The Chinese Government has not been immune to the controversy taking a publicly conservative stance towards many aspects of crypto. However, a lesser-known fact is that the Chinese Government has been regarding blockchain technology […]
$BTCUSD, $BTC FLASH: Bitcoin spiked Wednesday in a 2nd day of gainser, prompting speculation that the recent correction may have run its course. Bitcoin jumped 6.75% to $11,272.4 on the Investing.com Index by 12:38 PM EDT (16:38 GMT). Currently, Bitcoin is trading at: 11,241.9805+85.39 (+0.7654%),as of 3:12a BST, the market is open. The typically volatile […]
$BTC,$BTCUSD Bitcoin’s (BTC) rise was meteoric this week and its decline has been just as swift. The speculation frenzy over Bitcoin pushed its price to nearly $14,000 Wednesday, its highest mark since January 2018. Bitcoin, the largest digital asset reversed after a prominent cryptocurrency exchange reported an outage Wednesday. The retreat accelerated Thursday and put […]
$BTC, $BTCUSD, $FB Bitcoin (BTC) prices and related cryptocurrencies and stocks ran up again Wednesday, continuing a strong rebound that has intensified with last week’s Facebook (NASDAQ:FB) announcement that it is entering the crypto space. Prices have surged roughly 40% since Friday, with the digital currency now flashing signs of a possible ‘climax‘ run. The last time […]
R3, a global enterprise blockchain software firm and Ripe Technology (ripe.io), the innovative startup bringing blockchain to the food industry, are joining forces to improve transparency and trust in food and agriculture supply chains through the digitization and enterprise adoption of blockchain. R3, a global enterprise blockchain software firm and Ripe Technology (ripe.io), the innovative […]
Singapore-based global payments technology company, Wise MPay, are working with renowned blockchain experts, Jelurida, to launch a public-permissioned blockchain financial services (BFS) platform. With KPMG research showing 27% of Southeast Asians own a bank account while local mobile connections outnumber the population by 33%, the region is ripe for a revolution in access to digital finance. Coalculus […]
Jarvis+ is the leading decentralized intelligence solution provider. Its Jarvis+ token (JAR) will be listed on the digital asset exchange platform KuCoin at 10PM SGT on June 20, 2019. Some supported trading pairs include JAR/BTC, JAR/USDT. Jarvis+ has two platforms, the Intelligent Community Platform (ICP) and the Decentralized Marketplace Platform (DMP). Both representing the two stages of Jarvis+ development. […]
Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has listed 4 Binance Launchpad Tokens to its Wallet & Card App, including Matic Network’s MATIC, Celer Network’s CELR, Fetch.AI’s FET, and Harmony’s ONE. These 4 tokens join a growing list of 31 cryptocurrencies and stablecoins on the Crypto.com platform, such as bitcoin (BTC), […]
$BTCUSD Tuesday, Bitcoin (BTCUSD) hit its highest mark in 10 months, raising hopes among cryptocurrency fans of greater mainstream acceptance, but others urged investor caution. Bitcoin, which lost 75% of its value in Y 2018, has soared by 24% since Friday and more than 2X’d in price so far this year. Currently Bitcoin is trading […]
Bitcoin (BTC) +15% Driving Market Value of Cryptocurrencies Due North $BTCUSD, $ETHUSD Wednesday, all digital currency prices spike due North, with most major coins/token recording double-digital gainers. Bitcoin, BTCUSD, the world’s #1 digital currency, was trading at $4,370.30, up 15% since Tuesday at 5:00p. ET on the Kraken exchange and on track for its best day in […]
Bitcoin (BTC) Gets Positive Signal From NYSE’s Chairman $BTCUSD, $ICE The correction is the market had been healthy Bitcoin has seen a deep dive in price over the 11 months, but the CEO of one of the world’s biggest exchange operators is not deterred from entering the cryptocurrency space. Jeffrey Sprecher, CEO of IntercontinentalExchange (NYSE:ICE) […]
Bitcoin (BTC) Price Dives 12%, Sentiment Sours $BTCUSD Monday, Bitcoin (BTC) plunged more than 12%, extending declines in recent weeks in a broad-based selloff in digital currencies as sentiment sours. Several factors have accelerated the downturn, analysts said, including increased US regulatory scrutiny and a delay to January 2019 of the widely-anticipated launch of Bitcoin […]
Bitcoin (BTC) Bull’s Touting Collapse as a Buying Opportunity $BTCUSD,$GLD Saturday, Bitcoin (BTC), the world’s largest digital currency, crashed through the $4,000 pyche mark, falling as much as 15% and hitting a fresh 14-month low below $3,500. Saturday’s decline marked the 12th losing session in the past 14 and had Bitcoin BTCUSD, -0.35% on track for its 3rd […]
Bitcoin (BTC) More Southside Action Ahead $BTCUSD After the pause at Thanksgiving, the crypto currency selloff has resumed with all major coins and alt coins trading lower Friday and on track to log their 3rd consecutive weekly declineer. Bitcoin, BTCUSD, +1.41% the world’s largest cryptocurrency, was last changing hands at $4,259.80, down 3.8% since 5 p.m. Eastern Time […]
Buffett and Dimon Called the Fall of Bitcoin (BTC) $BTCUSD Bitcoin’s (BTC) price has fallen to 4,474.59, down 30% in a month, 50% in 6 months and about 80% since December. The crypto-currency experts are blaming volatile stock markets to hard forks. But, likely is a long-term unraveling of the hype, exaggeration and populist fantasies that […]
Bitcoin (BTC) Stable During S&P 500 Pullback $BTCUSD, $SPY, $DIA, $GLD Bitcoin (BTC) known for giving retail investors heart palpitations was calm over the past week, as the S&P 500 pulled back about 7% so far this month. Bitcoin was up 1% on the week, as of Friday afternoon, according to data, and stayed in […]
Hong Kong’s OKEx Lists 4 New ‘Stablecoins’ $BTCUSD Hong Kong-based cryptocurrency exchange OKEx has announced that it is adding four USD-pegged cryptocurrencies to its platform for trading. Rolling out the new additions over Monday and Tuesday, the exchange said in a support notice that it will list TrustToken’s TrueUSD (TUSD), Circle’s USDCoin (USDC), the Gemini Dollar (GUSD) […]
Swiss Bankers Raise $104-M to Establish Crypto Financial Services Company $BTC, $ETH Seba Crypto AG, a Swiss financial services company run by ex-UBS Group AG bankers, said it raised money as it seeks to become 1 of the world’s 1st regulated banks to let consumers trade paper (fiat) money into cryptocurrency. The Zug HQ’d company […]
Institutional Investors to Launch Services Dedicated to Cryptocurrencies $BTCUSD, $BLK, $GS, $C, $ICE, $JPM The rejections by the US Securities and Exchange Commission (SEC) for the Bitcoin-based ETFs exchange traded funds is no deterrent to aspiring firms hopeful of launching the long-awaited cryptocurrency product. Leading cryptocurrency exchange operator Coinbase has emerged as the latest contender in the race to launch a cryptocurrency […]
Bitcoin (BTC) Saw 3 Losing Sessions Running as of Friday $BTCUSD Bitcoin cannot regain losses even after ‘Goldie’ denies calls it’s halting plans to open a crypto trading desk Fake News Digital currency markets saw another losing session, with most major coins in the Red late Friday. Currently, Bitcoin is trading at 6,447.89, +36.11, or +0.5632%, as […]
Bitcoin (BTC) Recovers, Key SKorean Exchange Back Online $BTCUSD Bitcoin is rallying this week after the 5th largest crypto exchange in the world, Bithumb, reopened. It had temporarily shut down new account registrations after a $30-M hack in June. All of this buying is coming from Asia, the biggest news in the market now is […]
The Big Q: What Exactly Happened to the Cryptocurrency Market? $BTCUSD “The cryptocurrency market is now of its biggest draw-downs ever, and even the staunchest crypto Bulls have to be wondering when it is going to end.” On 7 January 2018, the total value of all cryptocurrencies reached an all-time high of $829, according to […]
Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year $BTCUSD TechCrunch has learned through a company fund raising overview that Beijing-based mining equipment seller Bitmain hit a quarterly revenue of approximately $2-B in Q-1 of Y 2018. Despite a slump in bitcoin prices since the beginning of the year, the company is on track […]
With around $13 billion raised through initial coin offerings (ICOs) between April 2014 to May 2018, across 50+ countries and by over 650 issuers, the question of investor protection is now urgent. The global market continues to grow, typically with over 100 new ICOs a month, however, some ICOs experience falls of -75% or more […]
Thailand Has New Pioneering Rules Covering Cryptocurrencies $BTC, $ETH Thailand’s leadership, innovation and clear rules has it right in the middle of the Cryptocurrency market Regulators around the world have grappled with the issue of what category digital currencies and assets fall into, Thailand has skipped that debate. Instead, Thai authorities wrote a new law to cover […]
‘Bitcoin, the Book’ by Ghost Nakamoto $BTCUSD There is a rumor in the digital asset dome that the unknown creator of Bitcoin writing a book about it. The rumor emanated from a cryptic message posted Friday at a website that may be linked to Satoshi Nakamoto, the pseudonym used by the person or people who/that released the […]
Polychain and the Future of Digital Assets $BTCUSD, $ETHUSD, $CME, $CBOE Today it is mostly crypto enthusiasts and technologists trading their assets. Tomorrow it will mostly institutions trading crypto assets. The professional traders have taken over from the ‘hobbyists’ Earlier this year, Polychain became the 1st crypto fund with more than $1-B in assets under […]
Why Bitcoin Should Work $GS, $BTCUSD In a recent interview at the Economic Club of New York, Goldman Sachs CEO, Loyd Blankfein, said he adopted a cautiously positive tone towards bitcoin, terming it a “consensus currency” similar to fiat currencies. He had criticized bitcoin last November and called it a “vehicle to perpetrate fraud.” CEO […]
Last Week in the Crypto World $BTCUSD Last week SKorean crypto exchange Bithumb experienced a major hack, and Japan’s Mt Gox, the most notorious exchange to be hacked in Bitcoin history, is back in the news. In Switzerland, the Bank of International Settlements (BIS) spread some misinformation about digital currencies and blockchains. In the US, […]
Cryptocurrencies: Japan ‘Clamps’ Down, Bitcoin ‘Falls’ Down $BTCUSD Bitcoin falls 8% after Japan watchdog orders exchanges to strengthen practices against money laundering The world’s largest digital currency hit a 4-month low of $6,092.38 and broke below $6,400 for the 1st time in a week. The order led bitFlyer, the largest crypto exchange in Japan to suspend […]
Bitcoin, (BTCUSD) LaSalle Street Professionals are in Charge $BTCUSD, $CME, $CBOE Last last year when they were introduced, Bitcoin futures were expected to boost prices and demand for the cryptocurrency. Analysts are now suggesting otherwise. According to a recent report from well-known crypto markets analyst Tom Lee, Bitcoin futures are the cause of “gut wrenching” […]
If You Do Not Know What Bitcoin is, Read This Please $BTCUSD, $ETHUSD, $CME, $CBOE, $V, $MA If you are 1 of those people who do not know what Bitcoin and other cryptocurrencies are read this, as there is a keen international interest in this nascent digital asset. Interest in digital currency has expanded over […]
On the Cusp of a Digital Payments Disruption $IBM, $PYPL, $S, $V, $BTC, $USD There is a huge, under-served world market for cryptocurrency, the World Bank (WB) statistics that indicate 2-B or more people worldwide are not banked, as well as by FDIC data that shows more than 23-M Americans are either unbanked or under-banked. […]
SKorean ‘Hack’ Hammers Bitcoin for 3rd Day Running $BTCUSD Bitcoin extended losses for a 3rd day running, falling 12% Sunday as SKorean cryptocurrency exchange Coinrail said there was a “cyber intrusion” aka hack in its system. The world’s largest cryptocurrency declined to 6,749 as of 2:00p EDT in New York, the biggest drop since 14 […]
Dubai Getting Ahead of “the Cryptocurrency Game” $BTC, $ETH, $CME, $CBOT The Big Qs are: How seriously should we take the rise of cryptocurrency? Is it a serious rival to traditional currency? Should businesses consider using cryptocurrency? What do they need to do to implement it? Is enough being done to educate individuals and businesses […]
Pre-Civil War Fiat Money was Issued Regionally by Private Banks $BTCUSD In the pre-Civil War era, 90% of US money was regionally issued banknotes from private banks. These currencies traded at different rates at different times and places. There were discount books in each town to keep track of how much each currency should be […]
Bitcoin Tested Support to a 3 Wk Low and Bounced $BTCUSD,$ETHUSD, $CME Bitcoin tested and bounced Monday on the news that a Florida tax collector would accept the cryptocurrency for payments of several services. Currently, Bitcoin is trading at: 8,695.652344,+292.291016, or +3.478256%, as of 3:56a BST, the market is open. Joel Greenberg, tax collector for Seminole County […]
The Year of the Security Token $BTCUSD Blockchain is 1 of the fastest growing ideas in recent history, and its revolutionary decentralized model is being appropriated by industries far and wide. Its popularity began with Bitcoin, the cryptocurrency, which is now almost 10 years old. Bitcoin was the seminal cryptocurrency back when it was just […]
Bitcoin: The Why, The Why Nots! $BTCUSD, $CBOE, $CME Bitcoin has been in the news for the past year, and a clear understanding about how the cryptocurrency actually works and its volatility has kept many professional investors and traders from considering it worthy. There surely is plenty of money to be made, but investors must […]
The Crypto Sector Maintained Momentum, Bulls in Charge $BTCUSD, $ETHUSD Thursday, the cryptocurrency sector maintained its Bullish momentum, with most major currencies trading up by more than 3% on the day. Below is a look at what moved the cryptocurrency market Thursday, as follows; Goldman Sachs Group, Inc (NYSE:GS) officially announced it’s opening a cryptocurrency trading desk. Despite […]
Some say, “Ethereum (ETH) could hit $2,500 by year end” $ETHUSD The Big Q: Is Ether setup for a rally this year? Independent consultancy firm, deVere Group, said the price of the 2nd largest digital currency, Ether could be in for a record-setting year, predicting the price could rise 4X yet this year. “The price of […]
Bitcoin Traders Looking at Fundamentals in Here $BTCUSD Monday, Bitcoin was stable after dipping below $8,000 early, as traders saw signs of a increasing demand for the digital currency. Bitcoin bounced from its intra-day low of low of $7,900.3 Monday. Currently, Bitcoin is trading at: 8,042.9048,-48.1001, or -0.59%, as of 2.04a BST, the market is open. The […]
What Is Blockchain A blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp and transaction data. By design, a blockchain is inherently resistant to modification of the data. A blockchain is […]
Understanding Crypto Currencies: The ECR20 Standard $BTCUSD, $ETHUSD Without technical knowledge of the blockchain and smart contracts realms, the world of crypto currency is daunting for many investors. But, the prospect of massive profits in the sector has attracted many types of investors, including those who otherwise might be cautious about investing in an asset, that they […]
Ultra-Rich Investing in Horses, Cars, Cannabis, and Cryptocurrencies $BTCUSD $CME, $CBOE The world’s wealthiest investors are looking to expand their holdings in volatile digital coins, despite a mismatch in the group’s knowledge surrounding the asset class. The latest annual Wealth Report survey by Knight Frank indicated that 21% of wealth advisers and private bankers said their clients increased investments in cryptocurrencies in Y 2017, […]
China Talks Tougher On Bitcoin Regulation $BTCUSD $CME, $CBOE Bitcoin slipped below the $11,000 mark as it emerged that China has called for more centralized regulation of blockchain, the underlying technology behind the cryptocurrency. The speculative asset class had consolidated its position Monday after soaring above Key resistance just before the weekend, but dip sharply in […]
Bitcoin Pulls Back From Key Technical Marks $BTCUSD Bitcoin drifted further away from the $12,000 mark on Tuesday, as a popular cryptocurrency exchange faced allegations of insider trading and mishandling the launch of a new asset on its platform. Tuesday morning, bitcoin BTCUSD, -7.04% slumped 4.5% to $10,918.35 after hitting a high of $11,432.98 on the day. The […]
FINZCOIN Launches in India will Trade on G-BiT X Why FINZ Traditional payment solutions like bank transfers and payments with banking cards have significant drawbacks: high commission rates up to 7%, time-consuming money transfer to the bank account. More over, they are centralized. It creates threats of blockings and defaults. FINZsolves all these problems! Financial […]
Blockchain Ventures to Achieve Mass Adoption Quickly Major industries adopting blockchain management Among the blockchain industry’s challenges, the Key issue has been achieving mainstream adoption of the disruptive technology. There is strong belief in the technology, as large enterprises and financial institutions are forging ahead with their respective projects. While most blockchain ventures are focused […]
The Big Q: Why are Crypto Exchanges Vulnerable to Hacks? $BTCUSD Blockchain technology can make transactions safe and secure, but crypto-currency exchanges that trade Bitcoins and other virtual currencies that are based on this technology have been hacked because they are not working on secure networks. Late last week, the Tokyo-based Coincheck exchange reported a […]
Blockchain Technology Will Deliver Full Transparency ‘Everywhere’ $BTCUSD We just attended the North American Bitcoin conference in beautiful Miami Florida. Over 4000 people attended. There were more millennial billionaires in one place then we’ll ever see again in my life. 30 plus companies/block chain purveyors presented at a cost of $20,000 per 15 minutes. Our […]
Forex Morning Briefing: Bitcoin Opens 2018 Soft $BTCUSD,$CME,$CBOE For the 1st time since Y 2015, Bitcoin, the world’s biggest the cryptocurrency, began a New Year by declining, extending its slide from a record $19,511 reached on 18 December 2017. Currently Bitcoin is trading at: 13,274.9453, -325.029, or -2.39%, as of 6:41a GMT, the market is open. On […]
The Trump Stock Market Rally Defied the Naysayers in 2017 $DIA, $SPY, $QQQ, $VXX Year 2017 was full of surprises but market reactions defied conventional wisdom, leaving many a prognosticator 180 degrees out of phase.. Take the global economy; it was strong, yet bond yields went nowhere. NKorea threatened nuclear war, and volatility in US […]
Analysts See End of the Year Weakness in Bitcoin Price $BTCUSD ,$CME, $JPY Bitcoin, the biggest cryptocurrency, extended its decline over the Christmas Holiday weekend, failing to reverse a selloff that began after an unprecedented rally fell short of cracking the $20,000 mark. The fall is expected to bring more end-of-year weakness to a market […]
Caution, “I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big” $BTCUSD,$USB, $UBSH Over the past year, Bitcoin, a digital cryptocurrency with no physical backing that can be sent electronically from one user to another, has risen in value more than 1,400%. Elliott Prechter, Head of Computer Analysis at Elliott Wave International, recommended Bitcoin to subscribers […]
LaSalle Street Pro Traders Hammer Bitcoin $BTCUSD, $CBOE, $CME Lost in the ‘blood’ of the feeding frenzy in cryptocurrencies and related stocks is the original digital token itself, Bitcoin Bitcoin fell as much as 10% to less than $17,000 Tuesday, the steepest decline since before CBOE futures were 1st introduced on 10 December. Bitcoin is […]
Singapore is widely regarded as one of the most crypto-friendly countries in the world, largely due to its stable politics, reliable infrastructure, and favorable business environment. Singapore’s Central Bank has experimented with blockchain technology, and announced Project Ubin, a collaborative project with a consortium of banks and technology companies to explore the use of blockchain for payments […]
Central Banks are Not Innovators, Bitcoin Threatens $BTCUSD The Big Q: Should central banks embrace cryptocurrencies, or even pioneer their own? The Big A: No. Cryptocurrencies aka crypto assets, are a new and unusual financial medium innovation, and to centralize them in a bureaucracy is wrong. However, the POBC, China’s central bank, says it is working to […]
Bitcoin Futures Could Open the Way Into Crypto Markets $BTCUSD Bitcoin is spiking to a record after CME Group Inc.(NASDAQ:CME) said it’s planning to launch Bitcoin futures as the move could open the way for investors who have been standing on the sidelines as Bitcoin soared over 500% YTD. The cryptocurrency marked a high at […]
Bitcoin ETFs (exchange-traded funds) Are Coming $BTCUSD Bitcoin ETFs (exchange-traded funds) are coming, helped by the emergence of derivatives on the digital currency, according to industry executives. An expert, sitting on a on a panel at the Futures Industry Association annual conference in Chicago that it seemed obvious that futures and options will lead to […]
ICO Investors to “Get Wiped Out in Crypto ‘Mania’” Hedge fund manager Kyle Bass comments on the raging battle over the viability of the cryptocurrency market. Mr. Bass called many of the dozens of ICO’s (initial coin offerings) that have taken place this year “frauds,” the Hayman Capital Management founder warned in a TV interview […]
Bitcoin Traders Defy PBOC Crackdown $TECHY Just a few weeks after the PBOC banned fundraising through token launches and ordered some Bitcoin exchanges to shut, casting a chill over the cryptocurrency industry, Chinese traders say that the market is far from dead. While several exchanges announced that they will close Saturday, 30 October, traders have […]
Crypto Coin Market is a ‘Time-Bomb’ that is Ticking Entrepreneurs issuing dispensable digital coins to cash in on the hype of Crypto currency are fanning a blockchain assets bubble. Firms have raised $1.3-B this year in digital coin sales, surpassing venture capital funding of blockchain companies and up more than 6X from the total raised […]
A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard. $GLD, $ABX, $SLW, $EXCFF You may recall that in December 2016 the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council (WGC) announced a new “Shari’ah Standard on Gold.” The new Gold standard was celebrated as a […]
Bitcoin: What You Need to Know In Y 2009 a person dubbed Satoshi Nakamoto introduce the idea of Bitcoin, although the concept of crypto-currency stems from a Y 1998 publication by Wei Dai. What began as an idea for a way to create an economy outside the constraints of government quickly gained momentum and has […]
