Tag: wall street

Ethereum-Based Trading Platform Airswap Working with Mike Novogratz No Comments

Mike Novogratz, former hedge-fund manager at Fortress, will advise on new token-exchange platform AirSwap. Based on the Ethereum network, the project aims to provide users a digital coin swapping service. The idea to is to match buyers and sellers in a model similar to CraigsList, or GumTree in the UK. Novogratz told CNBC that he was: ... fascinated to see the next wave of innovation in decentra...


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Tom Lee Feels Bitcoin Can Hit US$55,000 per BTC in the Near Future No Comments

Now is a good time as any to make a bold Bitcoin price prediction. Tom Lee, one of Wall Street's top strategists, did exactly that. In his opinion, Bitcoin will outshine gold in the next five years. Moreover, Lee sees the Bitcoin value surpass the US$20,000 mark with relative ease. It is even possible one BTC will be worth US$55,000 by 2022. Very interesting statements, to say the least. It is ...


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Fred Wilson: Coinbase and Other Crypto-Companies Are Like Wall Street Banks in Its Early Days No Comments

The cryptocurrency ecosystem, created with the launch of Bitcoin in 2009 has gone mainstream, sans the recognition as legal tender by most governments in the world. Bitcoin and other altcoins like Dash are on the verge of creating a global economy without geographical barriers. Similar to heavyweight financial institutions like Goldman Sachs and JP Morgan in the conventional fiat economy, few cryp...


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Wall Street Prepares For Bitcoin And AI-based Hedge Funds No Comments

A new breed of hedge funds is coming to Wall Street and other financial areas all over the world. Two new technologies are becoming the next area of focus: artificial intelligence and bitcoin. One interesting example is called Numerai, a hedge fund trading through machine learning models built by scientists paid in bitcoin. It is evident there is a growing demand to access the bitcoin ecosystem w...


Symbiont- Blockchain Technology and the Future of Wall Street.

DTCC to Soon Include Blockchain Tech for Wall Street Companies No Comments

Blockchain technology in banking and fintech is not a new thing. The sector has been working on implementing the distributed ledger technology into its operations for more than a year now. As they make progress, the Wall Street clearinghouse has decided to hop on the bandwagon by adopting blockchain technology. According to reports, Depository Trust and Clearing Corporation - DTCC has announced...


Symbiont- Blockchain Technology and the Future of Wall Street.

Ethereum Knocks on Wall Street Doors and Gets in Too! No Comments

Apart from apprehension and anxiety, the cryptocurrency technology has offered a lot more to the traditional banking and financial sectors. Bitcoin is increasingly being perceived as a threat to banking and financial industries. In order to counter the threat, the industry is focusing on the very underlying that powers bitcoin. Also, the introduction of Bitcoin, an open source distributed digital ...


Sallie Krawcheck, Another Wall Street Honcho Joins Digital Asset’s Ranks No Comments

Many big names who have been working in mainstream finance, tech, banking and politics have switched their respectable high paying positions of power to join a still nascent cryptocurrency industry. The whole notion of cryptocurrency started less than a decade ago, following the development of bitcoin. Bitcoin is the first cryptocurrency to be developed; later came lots of other digital currencies...


Will More Businesses Integrate the Blockchain. newsbtc bitcoin news

Will More Businesses Integrate the Blockchain? No Comments

In a recent article published on Bloomberg, former Wall Street executive Blythe Masters explains that she is particularly interested in the blockchain, the shared technology behind everyone’s favorite cryptocurrency bitcoin. In the article, Masters explains that the blockchain has “a pretty long list of positive attributes,” and that it could potentially bring a whole new level of securit...


Nine largest global banks to apply blockchain to financial markets No Comments

Blockchain technology continues to draw powerful admirers including Goldman Sachs, Barclays, BBVA, Commonwealth Bank of Australia, Credit Suisse, JPMorgan, State Street, Royal Bank of Scotland, and UBS. World’s most powerful banks have joined hands to work on the formulation of industry standards and protocols based on the blockchain technology for their mainstream applications in the financ...


startups Crush the Banks

Are Bitcoin Startups Bound to Crush the Banks? No Comments

Bitcoin Startups are getting into every sector of the financial industry, and the banks know it. Online businesses have been threatening the banks, and now a massive wave of Bitcoin startups are innovating the financial sector up to the point that banks needed to act. Personal-finance startups are helping consumers balance their checkbooks online. Refinancing startups are taking advantage of ch...


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