Tag: crypto

  • Crypto

    Crypto Week In Review: Fidelity, Goldman Sachs Adopt Crypto Custody

    To say that these past seven days were bullish for crypto would likely be an understatement. Fidelity and Goldman Sachs, two prominent Wall Street giants, doubled-down on their cryptocurrency efforts, while already-established companies in this industry continued their unbridled expansion efforts. But, if the crypto industry had a bullish...

    Nick Chong | October 21, 2018 | 1:20 pm
  • Bitcoin

    Prominent CEO: Bitcoin Isn’t Digital Gold Yet, But $10,000 Is Still Possible

    Over the decade-long history of Bitcoin, the popular digital asset has been called everything from a money launder’s tool to the first-ever truly global currency. But, although Bitcoin’s definition has undoubtedly changed over the years due to the whims of investors and industry leaders, many still believe that BTC...

    Nick Chong | October 21, 2018 | 11:57 am
  • Bitcoin

    Is Demand For Bitcoin Mining in Decline? Chip Maker Slashes Target

    Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest dedicated independent chipmaker, has predicted a drop in demand from the cryptocurrency mining community in the fourth quarter this year. The growth target of 7 to 9 percent was slashed to 6.5 percent partly due to the demand dynamics of...

    Ricardo Esteves | October 20, 2018 | 8:00 pm
  • Altcoins

    Mike Novogratz Clarifies Anti-Tether Comments, Wants FUD Stopped

    The dismissal market performance of so-called stablecoin Tether should not be the reason to spread FUD against it, clarified Mike Novogratz in his tweet. The billionaire Bitcoin bull, who recently criticized USDT for misbalancing its dollar-peg, later said that he believes Tether has every dollar for every USDT....

    Davit Babayan | October 20, 2018 | 12:19 pm
  • Bitcoin

    Man in Oslo Killed After Selling Large Amount of Bitcoin, Privacy in P2P

    A meeting place that could have been about a common peer-to-peer Bitcoin trade turned into a scene of a brutal killing. A 24-year old Norwegian man was reportedly stabbed to death in his Majorstuen apartment shortly after completing a cash-to-Bitcoin trade with his alleged killer. The local police believe there...

    Davit Babayan | October 19, 2018 | 9:08 am
  • Crypto

    Genesis Global Lends $553 Million In Crypto Assets, Institutional Space Booming

    Even in the thick of 2018’s crypto bear market, a related subsector has seen an unprecedented boom, with institutions throwing millions of dollars at a well-recognized over-the-counter (OTC) player in the cryptocurrency market. Institutions Borrow $553 Million In Crypto In 6 Months Per a brief report from New York-based...

    Nick Chong | October 19, 2018 | 7:37 am
  • Bitcoin

    Premium of GBTC Has Fallen Substantially: What Does it Mean For Bitcoin?

    On October 18, cryptocurrency trader and technical analyst Eric Thies released a comparative chart of Bitcoin and Bitcoin Investment Trust (GBTC), a publicly tradable instrument that allows investors in the public stock market to invest in BTC. According to Thies, the drop in the premium of GBTC is...

    Joseph Young | October 18, 2018 | 2:00 pm
  • Bitcoin

    $50,000 to $2,800: How Bitcoin Price Targets of Experts Dropped 95%

    In early 2018, when the price of Bitcoin (BTC) first dropped from $20,000 to $6,000 and recovered to $11,000, the majority of traders and investors were still highly optimistic in the short-term price movement of the dominant cryptocurrency. Respected entrepreneurs and investors including BitMEX CEO Arthur Hayes, Morgan...

    Joseph Young | October 18, 2018 | 1:00 pm
  • Augur REP

    The $152 Million Lawsuit over Blockchain Betting Startup Augur is Settled

    In April, a blockchain entrepreneur has surprised the space by launching a savage legal attack on his four associates, alleging that all of them committed acts of fraud, breach of contract and trade theft. The allegation resulted in a $152 million lawsuit, the most expensive claim the cryptocurrency...

    Davit Babayan | October 17, 2018 | 11:30 am

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