Tag Archives for " Universe "

“Large Population” Believes in Bitcoin as Means of Exchange

News In a recent interview, former Central Intelligence Agency (CIA) employee and National Security Agency (NSA) subcontractor turned whistleblower, Edward Snowden, argued that the price and value of bitcoin is an expression of the “large population” that believes in its “usefulness” as a means of exchange. Also Read: UK Regulators Plan “Comprehensive Response” to Illicit Crypto […]

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Canadian Bitcoin Miner Hut 8 Reports Q3 Loss

Mining Hut 8 Mining Corp., a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8.7 million on higher depreciation costs. Depreciation spiked to $13.3 million, wiping out mining profit which came to $6.7 million. Also Read: Trade.io Acquires Primus Capital Markets to Offer BTC-Backed Forex Trading […]

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Ironx Private Sale, IDCM to Target STOs

Exchanges In this edition of Exchanges Roundup, we focus on Ironx, which has just wrapped up a $22.3 million private sale. We also look at International Digital Currency Markets’ plans to provide solutions for security token offerings, as well as some of the new exchanges opening in Estonia. Also Read: The Daily: Outcry Over Censoring of […]

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Here’s what you get when you stick a bunch of investing wonks on an island

The event: Stocktoberfest West. The host: StockTwits. The location: I can see Mexico from my balcony! The topic: Markets and lots of other stuff. Maybe it was all that Coronado sun, or perhaps it was the open bar talking, but a cynical gathering of journalists and Wall Street grumblers this was not. In fact, the […]

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“Crypto-Assets do not Pose [… ] Risk to Global Financial Stability”

Economy & Regulation Cryptocurrencies do not pose a threat to global financial stability, but the diverse range of national regulatory regimes throughout the world continues to complicate efforts to establish an international legislative framework overseeing their use, the Financial Stability Board says in a new report.  Also Read: Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’ Report Advocates ‘Vigilant […]

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Switzerland’s Billion Dollar Startups Flourish

Economy & Regulation The top 50 cryptocurrency and blockchain-related companies in Switzerland’s version of Silicon Valley are now worth $44 billion combined, underscoring the steady growth of the Swiss crypto industry. Altogether, cryptocurrency firms employ about 3,000 people throughout the small country. Included among the top 50 are five “unicorns,” or startups with a market […]

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Pantera Fund Down 40%, Bittrex Delists Altcoins

Exchanges In recent news pertaining to cryptocurrency exchanges, images circulating online show Pantera Capital’s Digital Asset Fund had a lifetime-to-date performance of minus 40% as of the end of August, Bittrex has announced the delisting of Bitshares, Bitcoin Gold, and Bitcoin Private, and Indian cryptocurrency exchange, Bitbns, has been accused of falsifying its trade volume. […]

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Beating the market isn’t everything, or the only thing

Don’t miss these top money and investing features: Beating the market isn’t everything, or the only thing, but we sure see it that way. Mutual fund managers and other investment professionals who outperform a benchmark are highly celebrated — and compensated. Outdo the S&P 500 and accolades, attention, and assets are yours. Yet money managers […]

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Growing Number of Indian Crypto Exchanges Say Fiat Support Is Back Despite RBI Ban

Exchanges A growing number of crypto exchanges in India have announced the return of fiat deposit and withdrawal support despite the crypto banking ban imposed by the country’s central bank. Several other exchanges in the country also allow their users to use Indian rupees to buy and cash out cryptocurrencies through their exchange-escrow peer-to-peer (P2P) […]

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Bitpay CCO Holds Pessimistic Outlook for Altcoins

Altcoins In a recent interview, Sonny Singh, the chief commercial officer (CCO) of Bitpay, Inc, shared his outlook for the cryptocurrencies, emphasizing his optimism for the bitcoin markets, whilst also espousing a grim outlook for altcoins. Also Read: Bittrex to Launch Crypto Exchange in Malta Next Month “Big Entrants” Coming to Crypto Next Year – Sonny […]

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