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Posts Tagged ‘Cryptocurrency’

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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Novogratz Invests $15M in White-Label Cryptocurrency Exchange Startup

Georgi Georgiev · June 16, 2018 · 7:00 pm Former Wall Street macro trader and vocal Bitcoin proponent Mike Novogratz has expanded his involvement in the cryptocurrency field, investing $15 million in a startup company which aims to facilitate the launch of trading platforms and tokenizes assets through blockchain-based technology. Despite the current market correction,…

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What You Need to Know Before Investing in Cryptocurrency

Kim Adsitt · June 16, 2018 · 12:00 am Want to get into cryptocurrency? Here’s what you need to know before you invest.  Know Yourself A lot of people are investing in cryptocurrency and it’s becoming increasingly clear that it’s not just a passing fad. It’s also clear that it’s potentially very lucrative — though…

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Kurt Russell Is Going to Be in a Cryptocurrency Movie

Hollywood star Kurt Russell is one of a number of performers set to star in an upcoming indie film about cryptocurrencies. The film, entitled Crypto, will feature Russell as well as Alexis Bledel, Jeremie Harris and Luke Hemsworth, among others. The Hollywood Reporter notes that the film focuses on a young anti-money laundering agent, played by…

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International Watchdog to Introduce Binding Regulations for Cryptocurrency Exchanges

Georgi Georgiev · June 14, 2018 · 1:00 am The Financial Action Task Force (FATF) – a multi-national agency tasked with combating global financial criminal activity, will discuss developing and introducing legally binding rules for governing cryptocurrency exchanges later this month. Reuters reports that the Paris-based agency – comprised of 37 countries – will meet…

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India ‘Not in Favor’ of Banning Cryptocurrency (Reports)

Wilma Woo · June 13, 2018 · 9:00 am The Indian government is reportedly “not in favor” of banning cryptocurrency, new sources claim June 13. Gov’t vs. Central Bank Citing local financial company Cogencis, local news media outlet Economic Times said a dedicated panel studying cryptocurrency “may suggest allowing cryptocurrency,” but with undisclosed “riders” –…

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