Crypto currency and Blockchain News
In an NPR interview on December the 12th, Congressman Warren Davidson from Ohio state suggested raising money to “build that wall” on the border with Mexico using the Blockchain. Davidson, a known crypto-enthusiast who has participated in various crypto projects, spoke on NPR’s morning edition with host Steve Inskeep and addressed president Trump’s recent threat […]
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 Bitcoin’s fair value was between $13,800 and $14800, considering the number of active wallet addresses, […]
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 Dash, but the terms had not yet been agreed on. He also denied reports that […]
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, and Mike Novogratz of Galaxy digital still believe that the markets will recover and do […]
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 joints include; papa johns and subway. KFC will begin its initial rollout at its store […]
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 all through 2018. New age miners are therefore hedging their coins in order to mitigate […]
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 the country’s top bank in order to provide a balanced legal framework that will spur […]
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 saying that it was “almost irresponsible” to not invest in Bitcoin. In an interview on […]
During the last week of November, the crypto market has had a chance for taking a major rebound as tables turned with the changing market trends that went from bearish to bullish for several days. With the latest rebound, some new names appeared on the list of top trading currencies, while other cryptos could revisit […]
According to UBS Global wealth management’s chief economist, Paul Donovan, crypto-currencies are almost about to outlive their usefulness, and it is indeed time to do away with the coins. UBS’ Paul Donovan is known for not being crypto’s biggest fan and famously wrote this week, “I come to bury Bitcoin, not to praise it.” Donovan […]