Wall Street’s Crypto Guru Says Pot Stocks Feel Like Bitcoin Last Year
Former Goldman Sachs macro trader Michael Novogratz sees a lot in common with the cannabis craze and last year’s record-setting crypto gains. For that reason, he’s betting against it. “The prices of cannabis stocks today feel like bitcoin and ethereum did in December of last year,” Novogratz, a closely bitcoin evangelist, said Thursday at the […]
Nasdaq: More Prepping for Cryptocurrency Trading?
Nasdaq, the world’s second-largest stock exchange, announced Friday that it is in the works to acquire Cinnober, a trading solution provider based in Sweden. Cinnober has a history for bullishness towards digital assets and making it easier for institutions to invest in them. One of those efforts is the partnership with BitGo, a behemoth for institutional-grade cryptocurrency custody security. […]
Binance to Closed Beta Testing of New Crypto Exchange
Binance, the largest global crypto exchange, will soon start private beta testing a crypto-fiat exchange in Singapore, as Binance co-founder and CEO Changpeng Zhao (CZ) tweeted on September 15. I just slipped that we will begin #Binance Singapore fiat exchange live money closed beta testing on Sept 18th, in 3 days. Invitation only first. Exciting! […]
Bitcoin Price Looks North After Passing $6.4K Resistance
Bitcoin (BTC) is teasing a decent bullish move, having cleared crucial resistance a few hours ago. The leading cryptocurrency moved past $6,400 earlier today, signaling that bearish exhaustion – as indicated by Tuesday’s spinning bottom candle – is paving way for a corrective rally. Notably, the positive price action was preceded by a solid defense […]
India Crypto Exchanges: Supreme Court Hearing to be Inconsequential
While expectations and fears are mounting on an imminent Supreme Court decision about the regulator’s ban concerning cryptocurrency trade in India, the big day may not exactly be a defining one for the future of bitcoin in the country. Other questions and bypass-routes will snowball (or hairball) no matter which way the ruling swings. Crypto […]
Bitcoin Price Stabilizes at $6,400
From August 8 to August 26, for more than three weeks, Bitcoin had been relatively stable in the $6,500 to $7,000 region, demonstrating small volatility. However, from August 27 to early September, as Bitcoin started to see some major movements on the upside, the cryptocurrency market began to demonstrate extreme volatility. As seen on September […]
Ripple’s General Counsel Exits Startup, Spokesperson Says
Ripple general counsel Brynly Llyr has exited the blockchain payments startup, a spokesperson told on Friday. Llyr joined the company in 2016 as its top legal officer, remaining a part of the team for two and half years. While no reason was provided for her departure, a Ripple spokesperson told CoinDesk that her leaving was […]
Taiwan Hospital Launches Blockchain Platform
The Taipei Medical University Hospital has rolled out a blockchain-powered platform to improve medical record-keeping, Taipei Times reported August 31. The so called “Healthcare Blockchain Platform” was reportedly developed in order to support the government’s Hierarchical Medical System policy, improve patient referral services, and integrate individual healthcare networks to enable people to access their medical records in an […]
Ripple Small Win Against Investors Claiming XRP Is a Security
Ripple’s efforts to consolidate multiple lawsuits filed against it are proceeding successfully. Ripple, which has been sued by a number of parties claiming the XRP token it uses to power some of its products is a security, has been pushing to have the various class action lawsuits against it combined, or at least coordinated, to […]
42% of Top 50 Universities Offer at Least One Crypto-Related Class
A recent study by the U.S. crypto exchange Coinbase has shown that 42 percent of the world’s top 50 universities have at least one class on cryptocurrencies or blockchain. The results of the study were published on Coinbase’s official blog Tuesday, August 28. The research was jointly conducted by Coinbase and survey company Qriously. Together they interviewed 675 U.S. college students and reviewed courses […]
Brazilian Crypto Investment Platform Atlas Hacked
Atlas, a popular Brazilian cryptocurrency investment platform, has been hacked. Although the company claims users’ funds are safe, the personal information of over 264,000 of its customers has been leaked. The security breach was first reported by the Investimentos Digitais (Digital Investments) YouTube channel. In total, there are 14,500 records of leaked data that detail […]
Bittrex Partners With Trading Firm on Crypto Securities Offering
U.S.-based cryptocurrency exchange Bittrex is partnering with a regulated alternative trading system (ATS) with the aim of ultimately launching trading in crypto securities. In an announcement Thursday, Bitrex said it is working with Rialto Trading, which currently offers fixed-income products for traders, to gain regulatory approval to support “blockchain-based securities,” according to a press release. If […]
Chinese Police Arrest Crypto Hackers
Chinese police from multiple cities have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around $87 million. Chinese news agency Xinhua reported on Saturday that the three were busted on Aug. 15 in Hunan, Changchun provinces, and the capital city Beijing, respectively, after a months-long investigation launched by the police. According to the report, […]
Porn Website Launch Blockchain Platform, Reward Views With Crypto Tokens
Porn website Tube8 has revealed plans to create a blockchain-based platform for users to earn crypto tokens as they watch and interact with Tube8 videos, according to Hard Fork, August 17. The adult entertainment streaming site and subsidiary of Pornhub announced a partnership with Vice Industry Token (VIT), which will develop a tokenize platform for […]
Keep Your Hands Off Cryptocurrency, Economist Tells World Governments
Prominent economist and editorial director of the American Institute for Economic Research (AEIR), Jeffrey Tucker, has urged governments and central banks around the world to let go of the idea of creating state-backed cryptocurrencies and instead focus on the soundness of the fiat system and the banking system. “Leave Crypto Alone” In an editorial published […]
