Jesse Lund, IBM’s VP of Blockchain and Digital currencies is quite bullish about Bitcoin. So bullish that he actually has a $1 million price target for Bitcoin, which he believes is a very real possibility. Lund revealed this ambitious long-term…
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New Survey Shows that Half of Millenial Crypto Investors Prefer Crypto Exchanges Over Stock Exchanges
According to a new study published by investment platform eToro on Feb 19, nearly half of millennial traders have more trust in digital currency exchanges than in the United States (US) stock market exchanges. As per the Eltoro report, 43…
US-China Trade Talks Behind the Latest Crypto Surge
Two very different markets are correlating right now, these are crypto and stocks. The first is of Asian equities led by China which has seen Chinese stocks take off, making gains of more than 3 percent-the highest since November last…
Consultancy Firm says Crypto Investing is a Good Longterm Strategy for Institutions
According to consultancy firm Cambridge associates, crypto represents a sound investment for institutional investors as reported by Bloomberg on Feb 18. Cambridge associates, an institution based in Boston specializes in pension and endowment consultancy reportedly works with institutions that collectively…
Crypto Securities Years Away from the Mainstream According to Industry Innovators
There has been a growing interest in crypto assets and blockchain lately. Despite this, some of the earliest innovators in the crypto and blockchain space say the high expectations currently being placed on the industry may not be in line…
Is it a Great Time to Buy the Top Cryptos?
The recently announced JPM Coin by JPMorgan Chase despite the harsh cynic instances by the company’s top brass about 2 years ago show that most of the people who criticized crypto-currencies mostly did so because they did not understand them.…
JPMorgan Chase Set to Launch its Own Crypto-currency
A United States banking first is upon us with one of the country’s top banking giants, JPMorgan Chase (JPM) launching its own crypto-currency, as reported by CNBC on February 14. The US banking giant is set to popularize its own…
Former Goldman Sachs partner, believes Bitcoin will be Gold’s Digital Equivalent
Former Goldman Sachs partner, Mike Novogratz, who is also the founder of crypto merchant bank Galaxy digital, argued that Bitcoin (BTC) occupies a special place in the crypto world; while on an interview with Bloomberg TV. While reflecting on the…
Phillipino Bank Launches Inaugural Crypto ATM
Local publications indicate that Union Bank of the Philippines, which is one of the largest commercial banks in the Philippines, has just launched the country’s inaugural crypto ATM. An official statement from the bank following the launch, said that the…
Mauritius will issue Licenses to Crypto Custodians this March
As part of her plan to create a Fintech hub “in and for” Africa, Mauritius will soon license digital asset custodians. An announcement made on Friday by the African island nation’s financial services Commission (FSC) said that after having published…