Posts Tagged ‘Cryptocurrency’
Investing In Cryptocurrency Likened To Investing In The Internet 10 Years Ago
Kyle Baird · June 18, 2018 · 5:00 am Many of those invested and interested in the cryptocurrency markets were around for the rise and fall of the Dot-com era and birth of the widespread public internet. The Dot-com bubble burst is constantly being used in arguments that cryptocurrency will suffer the same fate, bringing the…
Read MoreCryptocurrency 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…
Read MoreUK Department for Education Says ‘No’ to Cryptocurrency Curriculum in Schools
Melanie Kramer · June 17, 2018 · 7:00 pm Though the availability of formal cryptocurrency and blockchain education around the globe is increasing rapidly, the UK Department for Education (DfE) appear to have no immediate plans to include cryptocurrency as a topic in the UK school curriculum. However, the country’s school children will see a…
Read MoreBitcoin Price To Reach $60,000 in 2018 — Cryptocurrency Expert Remains Resolute On January Prediction
Kyle Baird · June 17, 2018 · 7:00 am Cryptocurrency and initial coin offering (ICO) expert Phillip Nunn made a prediction in January that Bitcoin would reach lows of $6,000 and highs of $60,000. Nunn recently reiterated his confidence in the prediction after the price of Bitcoin plummeted almost 18 percent last week. ‘It’s going…
Read MoreNovogratz 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,…
Read MoreWhat 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…
Read MoreKurt 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…
Read MoreInternational 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…
Read MoreIndia ‘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” –…
Read MoreFCA Urges UK Banks to Adopt Robust Security Measures Against ‘Risky’ Cryptocurrency Business
Osato Avan-Nomayo · June 12, 2018 · 8:00 pm The Financial Conduct Authority (FCA), U.K.’s top financial watchdog, has advised banks to adopt appropriate measures to minimize the risks and exposure inherent in the cryptocurrency business. This advice was contained in a recent letter sent by the FCA to the CEOs of local U.K. banks.…
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