UK asset management firm Elwood plans to develop a giant $1 billion bitcoin and cryptocurrency investment venture, it says. Elwood Expands Cryptocurrency Exposure Quoted by the Financial Times on August 30, Elwood, which is owned by billionaire Alan Howard, revealed it wants to funnel cash into crypto hedge funds. The company is no stranger to...Read More
There are many ways to see success in Forex trading, depending on how much effort you’re willing to put into the whole ordeal. While certain methods will generate slow, but steady success, others involve higher risk, but also higher potential rewards. You will keep learning about the ins and outs of these different approaches as...Read More
The crypto market is constantly in flux: brand-new cryptocurrencies regularly appear at the top of the charts, while older coins slowly fade away. While Bitcoin has been a consistent leader, the market is littered with former runners-up. All it takes is a trip through the historical rankings to see just how transient cryptocurrencies can be....Read More
Terror groups are increasingly using Telegram to raise cryptocurrency, a think tank has claimed. | Source: Shutterstock The privacy-focused instant messaging app Telegram – that is launching its blockchain in October – is reportedly used by terrorist groups to raise funds in crypto for their cause, a recent study shows. Supporting terrorists by donating car...Read More
Bitcoin investor, trader and cryptocurrency celebrity hailing from England, Peter McCormack is about to file a lawsuit against Craig Wright, Calvin Ayre and Jimmy Nguyen on account of forgery and fraud. Recently we reported on Craig Wright’s losing the Kleiman case. However, it seems that karma surely is a b**** especially for a person who...Read More
It is important to have the option of replenishing your assets by buying crypto with a credit card or through exchanges. The assets should be secure and transferable. The only correct answer is this: the one that serves your needs. For me, the most important things in a cryptocurrency wallet are the support of all...Read More
Add another fiat on-ramp to your crypto shopping list. Initially rolled out to residents in California, Washington, and Illinois, the ShortHop “exchange of exchanges” is now expanding to eight additional states. ShortHop, owned by Velocity Markets, taps into eight different OTC desks and exchanges, allowing greater liquidity and efficiency for its customers. The service is...Read More
Bitcoin proponents have rallied round to denounce gold bug Peter Schiff after he said the cryptocurrency has proven it is not a safe haven. Schiff: Bitcoin Failed ‘Again’ In a Twitter debate on August 29, Schiff used the sudden weakness in the Bitcoin price to suggest it was an unreliable alternative investment to assets such...Read More
Samsung’s Blockchain Keystore which is available on the company’s range of Galaxy S10 phones as well as Note 10, has included support for Bitcoin as well as more than 30 other cryptos. The app also supports more than a few DApps as well. A few months ago in March, Samsung launched its new Galaxy S10...Read More
PNC has gone beyond the normal by creating a tech startup Numo that exists within its ecosystem. Will the new trend be a unique mix of partnerships between finance and technology or just a hybrid? National Banking Network PNC just went one step further into the future. The wizzes at one of the largest banking...Read More
When crypto markets fall hard in a few hours panic usually sets in. A torrent of sell orders usually floods the market until Bitcoin price finds support. This is exactly what happened yesterday, but zooming out will provide an opportunity to breathe as not all is as bad as it seems. Bitcoin Takes a Breather...Read More
The latest McAfee Labs report brings to light significant research on the ever-increasing threat of ransomware and the new family of emerging ransomware. In the first quarter of 2019 itself, the number of ransomware attacks rose by 118% while there were several new classes of ransomware detected as well. The investigation also found out that...Read More
Apple has sent out media invites to an event on September 10 in California. The big four tech company is expected to unveil a few new products including the new iPhone as well as a new Apple watch. It’s been almost two years since Apple released the iPhone X in November 2017. Now according to...Read More
Bitfinex Exchange which is one of the biggest cryptocurrency exchanges in the world has come up with a new version to its mobile app. The new version released is the version 3.17.1. of the Bitfinex mobile app. According to a recent announcement from the Bitfinex Exchange, this latest update includes Santiment support. This allows the...Read More
An interactive bird feeder that will take your crypto to release food for birds is still live on YouTube at press time. | Source: YouTube/Mr. Dove Bitcoin may not be for the birds afterall. An interactive bird-feeder which is being live-streamed via YouTube allows users to feed birds with cryptocurrency donations. Despite Bitcoin being the...Read More
Boeing announced that it is joining the Hedera Hashgraph Council becoming the 10th member with commentators stating that it is a major milestone for the company to dive into the blockchain technology. Although the nascent blockchain and crypto industries are yet to enjoy mainstream investment and usage, developments are constantly taking place. It is believed...Read More
China has confirmed President Donald Trump was lying when he said his people at the White House received phone calls from China offering to reopen stalled negotiations to end his trade war. President Donald Trump is becoming more and more disturbed with the possibility of U.S. stock slump and is spinning to find victories that...Read More
UK billionaire Alan Howard’s Elwood is reportedly making major investments in crypto hedge funds. | Source: Shutterstock A new crypto venture is on the horizon, boasting a $1 billion treasury and a mentor that Forbes in 2013 listed as “one of the 40 highest-earning hedge fund managers.” The unnamed platform is a part of Elwood...Read More
Binance has come up with a detailed research report about the new People’s Bank of China (PBoC) Central Bank Digital Currency (CBDC). The research reveals that the new currency will be a two-tiered system and is aimed at replacing cash. Binance Research, which is the analysis and data research arm at Binance, recently came out...Read More
OneLedger announced a partnership with the Google Cloud Platform (GCP) who will provide cloud computing services that facilitate an on-demand environment for developing software applications. An interoperable blockchain platform OneLedger announced their new partnership with the Google Cloud Platform (GCP). GCP supplies cloud computing services that clear the way to an on-demand territory for developing,...Read More
Photo: Binance Blog Crypto exchange Binance has unveiled its new platform offering to developers called Binance X. This new developer-driven initiative from Binance focuses on fostering innovation in the blockchain ecosystem. As per the company announcement, Binance X would majorly focus on helping developers learn and collaborate in the blockchain ecosystem. Moreover, the platform also...Read More
Facebook has been seeing a lot of regulatory issues from the day they announced the launch of Libra. Keeping this in mind the Malta-based cryptocurrency exchange, Binance planned for a different approach to launch it’s cryptocurrency Venus. In an interview with Bloomberg, the co-founder of Binance, He Yi said, “If we want to launch Venus...Read More
Hedera Hashgraph has announced the launch of its mainnet in September which will be followed by the release of its native HBAR coins. The platform has called for all interested developers to use its DLT for the creation of diverse DApps. Hedera Hashgraph, an enterprise public distributed ledger platform, has officially announced that it will...Read More
According to local media news reports, police officers in the customs department of China’s northeastern province, Jilin, have recently stopped a cross-border deal involving drugs paid for by using Bitcoin. According to the customs officers, buying drugs with cryptocurrencies has become a new trend and poses many difficulties to Chinese law enforcement agencies. On 16...Read More
Cutting through the squiggly lines of technical analysis, here are three very simple reasons why you should NOT be buying any Bitcoin in the short term. | Source: Shutterstock Bitcoin’s recent drop below $10,000 split an already fractured cryptocurrency community into two distinct camps. On one side are the optimists who believe Bitcoin’s drop to...Read More
Grayscale Investments, a cryptocurrency asset manager reported its Assets under management [AUM] tripling from $926 million to a whopping $2.7 billion, in its Q2 report. Grayscale products like Grayscale Bitcoin Trust and Grayscale Digital Large Cap Fund reported 178.8% and 147.6%, respectively in returns, this quarter. Source: Grayscale Investments The company noted a strong quarter...Read More
The Ethereum issuance of Tether (USDT) is quickly becoming the most utilized version of the stablecoin – and pushing Bitcoin and Omni out of the game. | Source: Shutterstock Tether (USDT) transactions on the Bitcoin blockchain are losing ground to Ethereum at an ever-increasing rate. Ever since the Tether stablecoin was issued on Ethereum in...Read More
Litecoin’s hash rate continued to plummet as it entered the third week after its halving on August 5th. According to the popular cryptocurrency stats website, BitInfoCharts, Litecoin’s hash rate on 28th August was 331.4 TH/s, a decline of 33.3% from a hash rate of 458.3 TH/s on the day of halving. In the words of...Read More
Pantera CEO, Dan Morehead, highlighted 4 upcoming projects to research blockchain scalability and interoperability in their newsletter. They aim to spark further adoption and use-cases of blockchain technology. Progress in blockchain technology is often taken for granted, while developers work every day toward removing bottlenecks holding back mass adoption and scalability. Using decentralization against legacy...Read More
Investors have swung wildly between risk-on and risk-off postures, as Sino-U.S. trade tensions rise and fall. While crypto-volatility is still too strong for most investors to stomach, there could be a more reliable refuge for investor value. At present, equities-averse money has very few places left to go.The Swiss National Bank recently intervened to dampen...Read More
