Category Archives for "Crypto News"

Moscow Wants Its Own Digital Currency Called Moscowcoin

The cryptocurrency situation in Russia has taken yet another turn few people saw coming. With rumors regarding a CryptoRuble surfacing earlier this week, there is a lot of excitement in the marketplace right now. However, it seems the city of Moscow may very well get its own digital currency, known as Moscowcoin. There doesn’t appear to […]

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TeleX AI: Making the Transition from GUIs to AI in Cryptocurrency Trading

Everyone uses instant messengers and chat applications like Telegram, WhatsApp, WeChat and more. Now, what if buying, selling and storing cryptocurrencies was as easy as interacting with a friend over chat? TeleX AI is going to make it possible. It allows people to trade, store and invest in cryptocurrencies with a simple chat. From desktop […]

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Saudi Prince Al-Waleed: Bitcoin Is ‘Going to Implode’

Saudi Prince Al-Waleed bin Talal sharply criticized bitcoin during an appearance on CNBC today, saying that he agrees with JPMorgan CEO Jamie Dimon’s assessment that the cryptocurrency is a “fraud.” “I just don’t believe in this bitcoin thing,” Al-Waleed said, according to a transcript published by CNBC. “I think it’s just going to implode one day. […]

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DRW and Other Firms Embrace High-Frequency Bitcoin Trading

Featured A large Chicago-based proprietary stock trading firm, DRW, has embraced bitcoin trading over stock trading. DRW has pivoted in accordance with shifting trends in the economy and in the fintech sector. Traditional stocks do not move like cryptocurrencies, and the higher volatility of bitcoin markets means larger gains. Other companies have also dove into […]

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The ‘Wolf of Wall Street’ says ICOs are ‘the biggest scam ever’

Jordan Belfort knows a thing or two about frauds — and he says he spots one in ICOs, or initial coin offerings. The former stockbroker, who was portrayed by Leonardo DiCaprio in “The Wolf of Wall Street” movie, offered the following criticism of this increasingly popular approach to fundraising, according to a Financial Times report […]

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Litecoin Price Drops Below $55 in Search of a Stable Floor – The Merkle

All cryptocurrencies are struggling right now. Given the current battle for control in the Bitcoin price department, that is no big surprise. Things are looking a bit bleak for the Litecoin price right now, even though the overall upward trend is still intact.  With a Litecoin price of under $55, a week-long downward trend is […]

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Globitex: Commission-free Bitcoin Cash Trading and Token Sale

Bitcoinist.net · October 23, 2017 · 4:00 pm The institutional-grade Bitcoin exchange, co-founded by an early Bitcoin adopter Jon Matonis, has announced their token sale project to facilitate a step-change in trading volumes and liquidity. [Note: This is a press release.] October 2017, London, UK – Globitex, a Bitcoin exchange with advanced API functionality, is scaling […]

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R3 Files DLT Patents for ‘Dynamic’ Record-Keeping System

Consortium startup R3 has filed two patent applications detailing its work on applying distributed ledger tech to “dynamic” agreements between financial institutions. The two applications – submitted last year and published by the the U.S. Patent and Trademark Office on Oct. 19 – detail the use of a system for tracking, maintaining and updating agreements via a shared ledger. Using […]

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Prince Alwaleed: Bitcoin is “Enron in the Making”

In a statement that will no doubt have many readers uttering “well, duh”, Saudi Arabian businessman and billionaire Prince Alwaleed has come out with scepticism about Bitcoin. Speaking on CNBC’s “Squawk Box”, the grandson of the first Saudi King had the following to say of the digital asset: It just doesn’t make sense. This thing […]

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