There is no shortage of intriguing cryptocurrency-related projects as of right now. Some of these concepts will raise a lot more questions than people are comfortable with, though. The European Crypto Bank initiative, for example, is quite interesting, although its ticker symbol will also attract a lot of unwanted attention. The European Crypto Bank Explained As the name somewhat suggests, this project is all about combining the key aspects of financial markets, cryptocurrency, and convenience. This venture is the vision of a group of financial experts who want to create a pan-European wealth management and private banking initiative. More specifically,Powered by WPeMatico
Coinbase has revealed that it has obtained a bank account with major U.K-based multinational financial services company, Barclays. The partnership comprises the first agreement reached between a leading U.K bank and a cryptocurrency exchange. Also Read: Secretive High-Tech Wall Street Trading Firm is Now Trading Bitcoin Coinbase Opens Account With Barclays The opening of an account […]
It’s been a long time coming, but Coinbase has finally gotten its own index fund. On March 6, Coinbase announced it would offer an index fund sometime in 2018. Accredited US investors will now be able to speculate on the health of the crypto market through one fund instead of buying individual tokens. This addition from one of the world’s most popular exchanges could help bring new investors to cryptocurrency. What took so long? While Coinbase is continually evolving to meet market demand, it’s faced several hurdles since earning 43% of its annual income last December. Since then, rumors of new coins being
New survey among financial professionals in Britain shows that more than half of those who have invested in cryptocurrencies, plan to buy more coins this year. Despite recent market volatility, only 8 percent of the interviewed intend to sell their cryptos. The majority of the investors expect crypto valuations to rise over the next 12 […]
Wopke Hoekstra, the Dutch finance minister, has issued a letter to Holland’s parliament describing the current regulatory framework pertaining to cryptocurrencies as “insufficiently equipped.” The minister advocates the development regional and international regulatory efforts in response to the burgeoning digital currency phenomenon. Also Read: Excessive Crypto Regulation Not Optimal, EU Banking Authority Says Dutch Cryptocurrency Investment […]
Every so often, corporate business blushes its latest fad speak. Disruptive. Paradigm shift. 2.0, 3.0. Game changer. For about half a decade now, blockchain technology has been the phrasing du jure among ecosystem corporatists and assorted scammers. It’s weak jingoism employed to disguise against real innovation, cryptocurrency. Blockchain is just a damn database, a giant […]
With bitcoin hovering at around only $9,000 and the entire cryptocurrency market at similar low levels, short term speculators are acting as if a great calamity is upon us. Long term investors on the other hand are just entering the ecosystem now and building up a portfolio of assets that offer growth opportunities uncorrelated to […]