Thomas Lee, the co-founder of fundstat global advisors, said there was fair value in betting on the price of Bitcoin to rise much higher than it currently is. Thomas, who has many years of experience in market analysis said that…
KFC Venezuela dismisses Earlier Report that it is Accepting Payments in DASH
A report from two days ago that revealed that KFC Venezuela would be accepting dash crypto-currency, has been rubbished by the CEO of KFC Venezuela, Antonio Sampayo. Sampayo revealed that the fast-food chain in that country has held discussions with…
The Abu Dhabi National Oil Company Signs Deal with IBM for a Blockchain Pilot across its Value Chain
The latest Blockchain adoption news comes from the Middle East with the Abu Dhabi national oil company (ADNOC) partnering with IBM to pilot blockchain-based transaction management for its commodities right from the oil rigs to the eventual end users. The…
Billionaire Investors Remain Positive on Long term Future of Crypto Markets
The crypto markets have been scouring the floors of the market all though 2018 which is a sharp contrast to how the markets were faring back in 2017. Despite the market downturn, Billionaire investors such as Tim Draper, Jim Breyer,…
KFC Venezuela Accept Dash as means of Payment
The dash movement is growing fast with KFC Venezuela announcing that they will be accepting payments using the crypto-currency. KFC Venezuela joins a growing list of fast food joints that are warm to crypto. Some of the other fast food…
Chinese Miners increasingly Shorting their Positions to Survive the Bear Markets
The current bear market is seeing Chinese miners increasingly shorting their positions on crypto. Chinese miners are reportedly the biggest short sellers both in the country and abroad. The increased short selling has been precipitated by severe crypto market decline…
Crypto-regulations on the Horizon in Chile thanks to Government Efforts
The Chilean finance minister, Felipe larrain has claimed that state institutions are making steady progress in the development of crypto regulation. According to Larrain, the finance ministry is working hand in hand with the financial stability board, as well as…
ErisX raises 27.5 million in order to improve blockchain infrastructure
Crypto exchanges are not being left out this sales season with crypto exchange ErisX, raising 27.5 million from fidelity investments, NASDAQ ventures, among other investment firms. The NASDAQ is the world’s second largest stock exchange while US-based fidelity investments maintain…
Russian Intellectual Property Court Successfully tests Blockchain Technology for Storing Copyright Data
An intellectual property court in Russia has successfully tested a blockchain network for storing copyright data. According to a Russian major news agency, TASS, the technology was used for the first time around the judicial area on Monday, December the…
It’s Almost Irresponsible to not Invest in Bitcoin” according to Galaxy Digital Founder
Former portfolio manager at Fortress invest group and partner at Goldman Sachs continues to push crypto-currency as the future of finance. The former Goldman Sachs man known for being one of the most prominent Bitcoin Bulls was recently quoted as…