Category: Markets

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 […]

A Rebranded CoinMarketCap Launches IOS App In Honor Of Its 5th Birthday

CoinMarketCap.com (CMC), the highly popular crypto price tracker, has released an IOS app today, April 30, in honor of its 5th birthday. CMC ranks number 175th in the world for most heavily trafficked sites, according to data from Alexa. The site’s stratospheric growth –  it reportedly has had over 60 million unique visits this year to […]

Crypto Markets Experience Slight Price Fluctuations After Recent Gains

The crypto markets are experiencing slight price variations after the recent uptick, with Bitcoin (BTC) breaking $9,000 earlier today, April 21, and Ethereum (ETH) briefly over $600, according to Coin360 data. BTC is now trading for around $8,700, up around 2 percent over a 24 hour period to press time. BTC dominance is slightly up […]

Equity Markets vs. Cryptocurrency Markets: Weekly Performance Review: Apr. 7

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Global Equity Markets: Waiting for clarity on direction […]

Overstock CFO To Leave For Same Job At Firm’s Blockchain Subsidiary DeSoto

Robert Hughes, Senior Vice President of Finance and Risk Management at Overstock is resigning from his position to join a Blockchain venture that also involves Overstock’s CEO and founder Patrick Byrne, The Wall Street Journal reported April 6. According to a press release published on Market Exclusive, Hughes notified Overstock that he is leaving the […]

UK’s Financial Regulator Releases Guidelines For Dealing In Crypto Derivatives

The UK’s Financial Conduct Authority (FCA) has published a statement requiring businesses to seek authorization for dealing in cryptocurrency derivatives on its website Friday, April 6. The statement clarifies that trading, transacting and advising on cryptocurrency derivatives is an activity which falls under the “Markets in Financial Instruments Directive II (MiFID 2),” which was introduced […]