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Posts Tagged ‘bitcoin’

The Central Banks’ Bank (BIS) Hates Bitcoin — Which is Reassuring

Allen Scott · June 18, 2018 · 7:00 am The Bank for International Settlements (BIS), a global “bank for central banks” based in Basel, Switzerland, has once more declared that cryptocurrencies are not only “not ready for prime time,” but could also “bring the Internet to a halt.” [Note: This is an op-ed] BIS: Bitcoin,…

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Russia’s Largest Banks Are Piloting Bitcoin and Crypto Portfolios

Two of Russia’s largest banks are piloting cryptocurrency portfolios for their private clients, the Kommersant newspaper reported Friday. Under the watch of the Bank of Russia, Sberbank and Alfa Bank will offer their clients shares in a special fund that will be trading the six most popular cryptocurrencies on major exchanges, including Kraken and Bitstamp,…

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Cryptocurrency Hedge Fund Profits Plunge Amid Market Volatility

Osato Avan-Nomayo · June 18, 2018 · 1:00 am The struggles of cryptocurrency hedge funds in 2018 seem to have no end in sight. With half of the year almost gone, these crypto-focused hedge funds continue to perform poorly. Declining Revenues Amid Price Dip According to the Financial Times, cryptocurrency hedge funds are down by…

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Hollywood Actors Set to Star in Crypto-Themed Blockbuster

Hollywood will shoot and release its first movie centered on cryptocurrency this year, industry media report today, June 15. According to the Hollywood Reporter, ‘Crypto’ will focus on laundering of virtual assets and see star roles from the cast of popular US series including Westworld and Mad Men. The lead roles will be played by…

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Hoard: Accessible and Affordable Crypto Banking for All

Bitcoinist.net · June 17, 2018 · 5:30 pm The banking sector has long been untrustworthy, taking advantage of customers while implementing centralized and opaque practices which serve to only benefit financial institutions. In essence, you lose your hard-earned money while wealthy bankers add to their stockpiles. Luckily, the days of these unfair business practices are…

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Four Countries Where AI and DLT Exist Hand-in-Hand

Have you ever heard about smart cities where traffic, public services and document circulation are fully automated? The smart city concept integrates big data and the internet of things (IoT) to optimize the efficiency of urban processes and services and connect to residents. One example of this innovation could be light sensors that save electricity…

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Crypto Markets See Only Slight Gains and Losses With BTC, ETH in the Green

Crypto markets continue seeing mixed signals since last Sunday’s market slump, with four out of the top ten coins on CoinMarketCap in the green today, June 17. Market visualization from Coin360 Total market capitalization of all cryptocurrencies is holding steady from yesterday’s levels around $280 bln, up from a mid-week low of $264 bln. Total…

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A Regulatory Win for Ethereum and a Falling Market

Top Stories This Week Fundstrat’s Tom Lee Points To Bitcoin Futures As Reason For Price Declines Tom Lee released a report this week that posited that the reason for the falling price of Bitcoin can be linked to the expiration of Bitcoin futures contracts. According to Lee, Bitcoin’s price usually drops around 10 days before…

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