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Entry of Institutional Investors in 2019 Will Propel Bitcoin Prices, Mike Novogrtatz Predicts

Notorious Bitcoin crusader, Michael Novogratz has made adjustments to his earlier prediction that Bitcoin’s prices will hit the $40,000 mark by the end of 2018. He is no longer optimistic that the prices would even surpass $10,000 unless institutional investors join the cryptocurrency space in first and second quarters of 2019. Novogrtatz admitted in an […]

Paxos Has Issued a record $50 Million of The Recently Launched US Dollar-Backed Stablecoin according To Firm’s Top Official

Paxos Standard (PAX) stablecoin launched barely a month ago and $50 million-worth of the USD-backed crypto has been issued so far according to the company’s Vice President of marketing and communications, Dorothy Jean Chang. Chang made the announcement through her twitter handle on October 15. Regulated and USD-backed The company’s stablecoin is regulated by the […]

New Zealand Police Appeals People To Beware Of Online Scams

New Zealand police have cautioned the public about web scams after an investor gave away capital of $320,000 NZD to crypto fraudsters. The unnamed investor, who did several investments in a fraudulent web cryptocurrency scheme, was fascinated by its “extremely good returns”. As per a police report, those returns in the investments soon began to […]

Market Leaders Bullish About Crypto Despite Negative Sentiments From Ethereum Founder

It seems the 2017 cryptocurrency boom will not come along again. Speaking to Bloomberg, Ethereum founder Vitalik Buterin said there is no room for another boom like that. Despite the comments, reports show other market leaders bullish about the future performance of cryptocurrency. Buterin received a lot of criticism for the comment since the price […]

An Expanding Coinbase To Support More Token In Future

Coinbase is one of the most popular cryptocurrency exchanges available. The exchange seems to want to do bigger things, as Coinbase CEO Brian states. The CEO alluded to the expanding Coinbase detailing that the company is ready for the next level. The go-to crypto-trading platform The CEO made the comments at the TechCrunch Disrupt SF […]

Dubai Crypto Exchange Bitoasis Working On Having The Ban On Crypto In Saudi Arabia Lifted

Dubai-based crypto exchange BitOasis, which has its operations in North Africa and the Middle East has announced that it will work with financial markets and regulators from the Gulf Cooperation Council (GCC) to have the cryptocurrency industry in the region regulated. The company will work towards developing a strong regulatory framework for the nascent industry. […]

These Asian Countries Are Competing To Build Crypto Valleys

Asia is rapidly becoming one of the most attractive markets for digital currencies and numerous countries including Thailand, South Korea and the Philippines are competing to be the first to launch a crypto valley. A “crypto valley” is a city or area that attracts blockchain and cryptocurrency firms. It is a derivative of “Silicon Valley” […]

John McAfee’s “Unhackable” BitFi Crypto-Wallet Has Been Rooted

A teenage security researcher has caused a wild wave of sensation after successfully rooting the allegedly “unhackable” BitFi crypto-wallet. The 15-year-old bedroom hacker was able to install classic Doom on what tech-evangelist and paid promoter John McAfee touted as “unbreakable”. The cryptocurrency wallet was worth $250,000 after BitFi turned it into a bounty program. However, […]

Chair Of House Judiciary Committee Of U.S. Bob Goodlatte Owns $80,000 In Bitcoin (BTC)

Chair of Judiciary Committee of the U.S. House of Representatives, Bob Goodlatte recently revealed that he owns in between $17,000 and $80,000 in virtual currency. The revelation was made in the annual Financial Disclosure Statement of Goodlatte that was filed on May 10, just a month prior to the issuance of new rules by the […]

Hong Kong Investment Company Targeting Institutional Investors With Launch Of Custody Services

Fusang Investment Office in Hong Kong has announced plans to launch cryptocurrency custody services. The company says it will start offering the services in the fourth quarter of 2018. Increase in demand for custodial services There has been a high demand for cryptocurrencies. This has in turn led to a rise in demand for other related […]

Russian Crypto Association Develops Whitelisted Crypto Companies

The Russian Association of Cryptocurrencies and Blockchain (RACIB) has announced that it has created a list of all companies that offer crypto-related products and services. The whitelist include companies from investment, crypto mining, Initial Coin Offerings, training, legal and marketing industries. Countering fraud in the crypto industry Since the start of this year, around $4.3 […]

BitTorrent Sold To Blockchain Startup Entrepreneur Justin Sun

BitTorrent is one of the most known brands in the world of peer to peer networking and decentralized computing and has been sold to a blockchain-focused startup firm called Tron helmed by Justin Sun a former of Ripple Labs. Reports about a possible acquisition of BitTorrent first got out last month when it was reported […]

This Executive Believes Cryptocurrencies Might Overthrow The U.S Dollar As A Reserve Currency

Lazard Ltd. CEO Ken Jacobs claims that cryptocurrencies might be a viable alternative for the U.S dollar as a reserve currency. He was speaking during a recent interview with Bloomberg when he stated that digital currency has proven that the U.S dollar is not ideal as a reserve currency. The U.S dollar has been used […]

Luis Maria Linde Attributes The Use Of Cryptocurrencies To More Risks Than The Associated Benefits

Luis Maria Linde, the head of the Bank of Spain, while attending a business conference that was held on Wednesday in Madrid outlined that the use of crypto-currencies created more risks than benefits. Latest developments He spoke in relation to the emergency of the new technologies in the financial and banking sectors as he send out […]

Circle Internet Financial, Inc Mobilizes Funds Worth $110 Million

Circle Internet Financial Limited, a subsidiary of Circle Internet Financial, Inc, has raised funds worth $110 million. Both Bitmain and Circle Internet Financial Limited (CIFL) have partnered in a project to develop a token, which is supported by the US dollars. The valuation of CIFL has increased to $3 billion in the latest investment initiative. […]

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