Cai Wensheng, a Chinese angel investor, says he bought 10,000 BTC after the price dropped earlier this year.
Dan Morehead, the CEO of $1 billion cryptocurrency hedge fund Pantera Capital Management LP, spoke on Thursday with Bloomberg Television, pronouncing that Bitcoin “ is a screaming buy right now”. During the interview, Morehead disclosed that Pantera currently holds around 10 percent of its investments in Bitcoin, but the funds most prominent bet is on Icon, a project […]
More than 100 people have bought land plots in the “private city” of Liberstad, Southern Norway. Its founders accept 27 cryptocurrencies. Deals have been sealed already with future residents from Brazil, Sweden and the UK, among other countries. They should be able to move in within two years. Also read: Bitcoin Payments Are on the […]
The global demand from investors and speculators for Bitcoin has been rising steadily. After 2017’s crazy bull run, no one wants to miss out on the next leg up. Despite all of the hardship during Q1 of 2018, it seems things are looking up again. LedgerX has confirmed that its Bitcoin derivatives trading volume is increasing rapidly. Bitcoin […]
New York State’s Office of the Attorney General (OAG) is requesting information from 13 cryptocurrency exchanges in attempts to improve transparency and accountability and help protect digital currency investors. The initiative is meant to complement a first-in-the-nation licensing protocol established by New York State’s Department of Financial Services that requires digital currency trading platforms and… […]
Urdubit, a leading Pakistani bitcoin exchange, has closed down permanently. The news came after the central bank of Pakistan announced a ban on dealings with cryptocurrencies. The trading platform urged customers to withdraw their funds “as fast as possible”. Its team confirmed on social media its operations had been suspended due to the prohibition of […]
A leading provider of cryptocurrency IRAs (individual retirement accounts) believes they might have found a solution to one of the barriers stopping institutional investors taking up positions in digital currency. Noble Bitcoin announced earlier today that they are going to provide insured cold storage solutions for clients. Is Better Storage the Key to Cryptocurrency’s Success?… […]
Blockchain startup Stably has garnered $500,000 in seed funding to launch its stablecoin.
Even though the year 2018 has not been all that great for Bitcoin and other cryptocurrencies, the demand for these new assets is not slowing down in the slightest. In fact, investors have shown a renewed interest in cryptocurrency as of late, which further confirms that this industry will continue to grow for quite some time. […]
This week the cryptocurrency exchange Huobi’s educational subsidiary ‘Huobi Research’ conducted a survey with close to 2,000 individuals from 23 different countries to get a visual of what cryptocurrency sentiment looks like today. As cryptocurrencies have slid in value over the past three months according to the report, 77.9 percent of those polled were still […]
Bitcoin has endured another small slump. After spending nearly 24 hours at $7,100, bitcoin’s price has dropped by $200 and now stands at $6,900. This has become something of a routine over the past two weeks. Bitcoin jumps a bit, then falls a bit. While nothing huge appears to be happening, bitcoin resistance levels seem […]
Cryptocurrency exchange Youbit has reportedly re-emerged after a series of hacks and a bankruptcy filing, amid an insurance claim controversy and civil lawsuits. The exchange continues to operate after it was sold and renamed, local media reported. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Insurance Claim Denied DB Insurance, one of […]
The EU markets watchdog has agreed a temporarily change in the leverage limts for cryptocurrency derivative contracts in the region.
Purchasing and selling cryptocurrency is about to become simpler for hedge funds and institutional investors, as a new Blockchain-based terminal is promising to offer transparency via sophisticated compliance software. Disclosure: This is a Sponsored Article The Blockchain Terminal (BCT) is a desktop designed to bring together the data and information which chief compliance officers (CCOs,) […]
Eximchain, a blockchain startup focused on the supply chain industry, has raised an investment of $20 million, ahead of a planned token airdrop.