Category: Investments

Bitcoin in Its Dark Hours Still More Popular Than Beyonce

Google searches for Bitcoin have reportedly declined 75 percent through 2018, yet the leading cryptocurrency is still outstripping the famous pop-star Beyonce on Google Trends, CNBC reported Tuesday, June 12th. Bitcoin analyst Brian Kelly told CNBC’s ‘Futures Now’ that only during her Coachella music festival performance this April did the megastar briefly eclipse Bitcoin (BTC) […]

Investment Firm VanEck Attempts New Bitcoin ETF Filing, Aims at Institutional Players

VanEck and SolidX Partners Inc. have filed a request to list a Bitcoin-based exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), Bloomberg reports June 6. VanEck is an NYC-based investment management firm with $38 bln under management and SolidX is a provider of blockchain software development and financial services. According to a […]

Warren Buffett, Charlie Munger Slam Bitcoin Again, Resort To Elementary School Insults

Billionaire investor and Berkshire Hathaway’s Chairman and CEO Warren Buffett reiterated his negative stance towards cryptocurrencies at the annual meeting of his company Saturday, May 5. Buffet repeated his idea that cryptocurrencies will come to a “bad ending,” and claimed that Bitcoin (BTC) is “probably rat poison squared,” according to CNBC. In response to a question on Buffet’s view of cryptocurrencies raised […]

Pro-BTC Wall St Analyst Urges Not To Buy Crypto Now, Despite Recent Rally

Nick Colas, the first Wall Street brokerage analyst to cover Bitcoin (BTC) extensively, has urged investors to think twice before entering the crypto market, despite the market’s recent rally, in an interview with CNBC May 4. Colas has a well established reputation among Wall Street professionals, having authored Convergex’s popular Morning Markets Briefing for 14 […]

Shenzhen, China Backs $79 Million Fund To Support City’s Blockchain Startups

The launch of a 500 mln yuan (about $79 ml) Blockchain venture capital fund for Chinese city Shenzhen was announced at a Blockchain Expo held in the city, local news outlet Sohu reported yesterday, April 22. Yesterday’s announcement at the China Electronic Commerce Association-hosted Expo stated that the Shenzhen Angel Investment Guidance Fund, an almost […]

South Korean Crypto Exchange Bithumb To Issue Own Token In Singapore

Bithumb, South Korea’s leading cryptocurrency exchange, has recently revealed plans to issue its own token, Bithumb Coin, in an Initial Coin Offering (ICO), local news outlet TokenPost reports Thursday, April 19. According to the report, the Bithumb token sale will be conducted in Singapore since ICOs are banned in South Korea. Bithumb is reportedly focusing […]

Crypto Exchange Lists the Blockchain Startup Protectin… | News

Hong Kong-based OKEx became the first crypto exchange to list the South Korean high tech startup Cube, as was announced on Feb. 28. Cube’s team recently revealed its project that will protect network security designed for driverless cars and autonomous vehicles, by use of Blockchain technology. As OKEx representatives told Cointelegraph, the exchange is listing […]

Cryptocurrencies vs. Banks: Advantage of Decentralized… | News

The views expressed here are the author’s own and do not necessarily represent the views of Decentralized cryptocurrencies like Bitcoin and Ethereum have strong advantages over centralized financial systems, primarily because of their ability to function and operate without a single point of failure, which hackers and bad actors can target. Transaction processing On […]