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The recent downward spiral of Bitcoin hasn’t dissuaded Arthur Hayes from his bullish prediction that Bitcoin will hit $50,000 by the end of the year. Hayes, the co-founder and CEO of Bitcoin Mercantile Exchange (BitMEX), said that volatility is not Bitcoin’s weakness but rather its strength, as it gives investors the chance to make money … Read more
For investors who were successful during the 2017 ICO craze, the wild west nature of the crowdsale model already appears to be a thing of the past. As the US SEC has begun to take an increasingly active stance throughout 2018 on the disruptive ICO approach, more and more startups are electing to limit the … Read more
The SEC is closely monitoring developments in the world of cryptocurrency and ICOs. Two individuals in Nevada have agreed to settle an ongoing lawsuit over illegally selling stocks. Those stocks belong to a blockchain-oriented company, and both men cashed out $1.4 million thanks to some trickery. UBI Blockchain Internet Lawsuit Settlement The name UBI Blockchain … Read more
It would appear Coinbase’s custody service is already attracting a lot of positive attention. More specifically, the new custodial service piqued the interest of at least 10 hedge funds and family offices. This further confirms the growing demand for exposure to cryptocurrencies in general, which could lead to more positive developments for this industry. Coinbase’s … Read more
BTCC has always been one of the biggest Bitcoin and cryptocurrency exchanges in the world. Over the past year, the company has seen a fair few setbacks. Most of those issues are now resolved, as the company will return to the exchange business and issue a native token. BTCC Plans a Big Comeback The cryptocurrency … Read more
Switzerland is attempting to position itself as a hub for cryptocurrency activity. Surprisingly, it seems the country’s policymakers are intent on bridging the gap between cryptocurrency and traditional banking. Depending on how the current situation evolves, cryptocurrency firms may soon have full access to traditional banking services. Switzerland Embraces Cryptocurrency Multiple interesting cryptocurrency-related developments have … Read more
Cryptocurrency price momentum can always change in the blink of an eye. Although some of the top markets are still in the red, the NEO price is rising fairly quickly. Thanks to solid gains over the past 24 hours, the NEO price is well on track to hit $40 again later today. A positive development … Read more
Nearly all cryptocurrency markets have suffered from a big setback in the past 24 hours. Ongoing regulatory concerns in India are making their mark on the industry yet again. The Cardano price has lost a whopping 6.96% in value over the past 24 hours. This is not the trend speculators are looking for by any … Read more
A recent report published by the European Parliament advises policymakers and regulators not to ignore cryptocurrencies or attempt to ban them. It discusses how crypto should be treated, their taxation, as well as their potential impact on financial systems and central banks’ monopolies on money issuance. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
According to Redfin, a multi-billion dollar real estate company listed on Nasdaq, 10 percent of millennials have sold their crypto holdings to afford their first home. Breakdown of Millennials’ Investment Strategies In March of this year, Redfin surveyed 2,000 US residents to understand the perspectives and concerns of both millennials and full-time employees in their … Read more