Archive | cryptocurrency investment

Crypto is a Better Long-Term Investment Than USD and Gold, Says Investor

Kim Dotcom, the German-Finnish entrepreneur and the creator of Mega, has publicly stated that gold and crypto are better long-term investments than the US dollar. In a recent statement, Dotcom said: “Trust me. Buy crypto and gold. Your USD will become worthless. With US economic collapse all old money currencies will crash. Times will get… […]

Cryptocurrency is Still in Its Wild West Phase, Says Gem App CEO

While the cryptocurrency market saw a breathtaking run-up in 2017, with the number of cryptocurrency proponents experiencing a similar increase, many consumers are still skeptics of this nascent industry. “The Cryptocurrency Space Is In Its Wild West Phase” Cryptocurrencies arguably hit the mainstream last year, as nearly every media outlet covered Bitcoin’s astronomical rise from… […]

5 Reasons Why Institutional Investors are Entering Crypto

2018 has been a crazy year for Bitcoin and crypto so far, with its price fluctuating wildly around the psychological price point of $8,000, and not succeeding in maintaining itself on its higher side. Bitcoin has shed as much as 70% from it’s all-time high of nearly $20,000. Industry experts claim that the market is… […]

Japan May Eliminate Cash Following Sweden’s Lead, is it Good for Crypto?

As the Bank of Japan tries in futile to reach their goal of a 2% inflation rate through monetary stimulus, new methods for lifting the economic constraints caused by deflation are being discussed.  Japan may find that following in Sweden’s footsteps by abolishing cash may solve many of their economic problems. How Abolishing Cash Could End… […]

How a Chinese Crypto Hedge Fund Saw 60-Fold Returns With its Unorthodox Strategy

Crypto hedge funds have become an increasingly common sight in this flowering industry, as investors seek alternative mediums to invest into crypto assets and their underlying technologies. FBG Capital, a crypto-centric fund based in China, has become one of the largest players in this expanding sub-industry, garnering support from an array of industry leaders. The… […]

Former Genesis Rock Star Peter Gabriel Invests in Blockchain Startup Provenance

Peter Gabriel, the former frontman of progressive rock band Genesis, is entering the cryptocurrency world by backing a British blockchain startup named Provenance. The rock star is the most recent celebrity putting its name behind digital currency-related startups. Genesis Frontman Peter Gabriel Invests in Supply Chain Blockchain Startup U.K.-based social enterprise project Provenance is building a traceability… […]

One of the Biggest VC Firms Says Cryptocurrency Can be Worth Trillions of Dollars

Union Square Ventures, a New York-based venture capital firm that oversees a billion dollars in capital, has revealed that it is investing in cryptocurrency and major digital assets like bitcoin as long-term investments. Winning Blockchain Will be Worth Many Trillions Founded and operated by Fred Wilson, a prominent venture capital investor known for his early… […]

Entrepreneur Uses $67 Million Life Savings to Acquire a Cryptocurrency Exchange

Earlier this month, it was revealed that Eric Cheng, a Singaporean entrepreneur, spent all of his life savings and sold his properties including two Rolls Royces, Lamborghini, Ferrari, and a Porsche to acquire a 100 percent stake in a Japanese cryptocurrency exchange called BitTrade. Why Cheng was Willing to Take the Risk Less than a… […]

Economic Research Institute: Bitcoin is Less Volatile Than Other Cryptos, Sign of Maturity

American Institute For Economic Research (AIER), an independent 501 economic research institute that does not represent any fund or special interests, has reported that Bitcoin, the most dominant cryptocurrency in the global market, has significantly and consistently been less volatile than other digital assets since 2013. In early 2018, researchers at AIER conducted a study… […]

World’s Biggest VC Firms are Creating Cryptocurrency Funds, Market Enthusiastic

Historically venture capitalists do not own cryptocurrencies. They hold equity and invest in privately and publicly held companies but, with the potential of cryptocurrency and blockchain based technology companies to create unprecedented returns VC firms are exploring ways to restructure legally and financially to tap into that future revenue stream. VC Firms Creating New Strategies for… […]

Decentralized Cryptocurrency Exchanges Are Finally Seeing Large Volumes, Led by IDEX

Despite skepticism from cryptocurrency traders and Ethereum users, decentralized digital asset exchanges are experiencing a rapid growth rate in terms of volume, led by IDEX, the most widely utilized decentralized application (DApp) on the Ethereum protocol. IDEX Overtakes CryptoKitties Throughout the past eight months, CryptoKitties, the Ethereum-based digital collectibles platform that enables users to purchase, […]

Investor: Selling Cryptocurrency in 2018 is Like Selling Apple in 2001

Yoni Assia, the CEO of UK-based multi-asset brokerage company eToro, a platform founded in 2006 that serves more than seven million active users, has said in an interview that the recent decline in the prices of both major and small cryptocurrencies such as Bitcoin, Ethereum, and tokens has created a rare buying opportunity for newcomers. […]

EOS Centralization Issue? $6 Billion Worth of Tokens Held by Only 10 Addresses

The possibility of market manipulation within the cryptocurrency market is a constant concern for investors. While the intention is not clear, it has been found that 10 addresses are holding 496,735,539 EOS tokens, which are worth $5.86 billion and represent 49.67% of the existing one billion EOS tokens. 10 Addresses Hold Nearly Half of All EOS… […]

Bitcoin Bull Dan Morehead Reveals His 239% Profit Making Tip in Crypto Investing

Crypto hedge fund founder advises that today is the time for buying Bitcoin to take advantage of the coming influx of institutional money. Crypto is Cheap Today Dan Morehead, CEO of Pantera Capital appeared on CNBC’s cryptocurrency round-up show Fast Money again to talk about the current price of Bitcoin and the issue of custody…. […]

Korea’s Supreme Court Says Cryptocurrency Has Economic Value, Proper Asset

A ruling by the South Korean Supreme court about the value of cryptocurrency may be the backdoor to unraveling the regulatory boondoggle over custody. Porn Provider has Bitcoin Seized The case concerns a pornographer arrested on charges of violating the Protection of Children and Juveniles From Sexual Abuse Law in May 2017. The charges which… […]