Wall Street Gone Blockchain Some of the world’s most powerful investors and CEOs have long denounced Bitcoin. Warren Buffett, for instance, has claimed that the cryptocurrency is nothing more than an asset with no intrinsic value, or something with not much more value than his suit button. Yet, the funny...
A Not-So-Cryptocurrency Stablecoin Announced Tuesday morning, Wells Fargo, an American financial powerhouse, revealed that it will be launching a stablecoin backed by the U.S. dollar. While called “Wells Fargo Digital Cash”, making it sound like the name of any old crypto asset, the firm has asserted that it shouldn’t be...
Germany Skeptical of Libra & Crypto Many in the crypto community were shocked in June when Facebook unveiled the firms backing Libra — Visa, Mastercard, PayPal, Uber, Spotify, Coinbase, Xapo, and countless other pro-innovation companies and investors. With so many prominent partners, isn’t it guaranteed that the cryptocurrency will succeed?...
Meet the Liberty Bitcoin Fund While you might not have heard much about it on Crypto Twitter, Bitcoin investors in Asia saw their lives get a lot better on Wednesday with the release of a new product. According to a press release, CMCC Global, one of Asia’s first venture capital companies...
EA Drops “Crypto” Tweet For some reason or another, the crypto world has converged on Twitter. The social media platform, headed by staunch Bitcoin bull Jack Dorsey, has become a place for everyone in the industry — from mom & pop investors to fund managers and industry executives — to...
Coinbase to Add Altcoins, Sees Criticism from Crypto Community Coinbase has long been an integral part of the crypto industry. Launched in 2012, the exchange and infrastructure provider has become a way for hundreds of thousands, even millions, to interact with the ecosystems of Bitcoin and other digital assets. But,...
Altcoins Could Recover Further After months of bleeding out, altcoins have recently started to mount a comeback. Led by Ethereum and XRP, a multitude of non-Bitcoin crypto assets have managed to gain at least 5% in the past week, as BTC has posted a 3% loss. This has resulted in...
Bakkt’s Bitcoin Futures are Here It’s time, guys and gals: Bakkt is here. One hour after this article is published, the much-ballyhooed Bitcoin (BTC) futures exchange will have its first weekend pre-open… ever. As spotted by analyst Salsa Tekila, the physically-deliverable contracts from Bakkt will begin trading at 7:55 PM...
Kik Drops Messaging to Focus on Crypto Earlier on Monday, Calcalist reported that Canadian technology giant Kik — the company behind the massive social media messaging app that has been used by millions — was going to shut down its flagship product. The Israeli media outlet also claimed that Kik had...
IBM Looks to Delve Into Crypto Even Further IBM has long been at the head of technological innovation, continually pushing for the best technology has to offer society for the better part of 100 years. It seems that the firm’s drive for the creation of technological breakthroughs has led it...
Institutions Put a Pause on Bitcoin Trading Sorry bulls, Bitcoin bears are taking the helm of the cryptocurrency market for now. In the past 24 hours, the BTC price has shed some $400, with the leading digital asset falling all the way to $9,500. With this, coupled with the lull...
Crypto Supported by Finance Firms Revealed by Fortune on Wednesday, in-house crypto trading will soon be offered to clients of SoFi, a San Francisco-based fintech startup “best known for refinancing student loans”. Per an exclusive from Fortune, SoFi’s Invest platform will offer the trading of Bitcoin, Ethereum, and Litecoin after months...
