Raoul Pal, a prominent economist and Wall Street veteran who was with Goldman Sachs earlier has recommend Bitcoin hedge as a strategy against the impending global economic slowdown.
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Former Goldman Sachs engineers raise $3 million to tackle crypto-related manipulation
A US-based trade surveillance startup has raised approximately $3 million in seed funding to help combat crypto manipulation and its related effect in the space. While announcing the development on Wednesday, the startup dubbed Solidus Labs said it intends to…
NASDAQ C.E.O Adena Friedman on the future of cryptocurrencies
Adena Friedman, an American businesswoman who also doubles up as the Chief Executive Officer (C.E.O) of Nasdaq- an American based stock market, believes cryptocurrency is heading and surely will emerge as a global currency of the future. While enroute to…
‘Coins in ETC Trust Fund secure’: Grayscale to investors
Amid rising tension regarding the vulnerability of crypto assets and increased vigor of double spending attacks on cryptocurrency networks whose climax hitherto has been the recent reorganization of transaction on the Ethereum Classic Blockchain, Grayscale Investment, the startup which underpins…
Opinion court: Does price crash mean end of cryptocurrencies?
In the recent past, the crypto market has experienced tremendous setbacks with some cryptocurrencies being wiped from the market while others plunging down by up to 80 percent of their initial prices. The crypto market turbulence took effect from the…
Financial Action Task Force: Global cryptocurrency regulation framework to be out by June 2019
The global watchdog for money laundering has announced that it will start publishing its first batch of cryptocurrency regulations by June next year. The Financial Action Task Force (FATF) said there is a great need to implement worldwide jurisdictions…
Baseless propaganda! Goldman Sachs Refutes Claims It’s Shying Away From the Bitcoin Trading Desk Project
Much of the speculation and propaganda has spread on Sachs Goldman’ stance on much-hyped plans to launch a Bitcoin Trading Desk. These speculations came to light, especially after a report by Business Insider announced that Goldman Sachs was deprioritizing its…
Bitcoin ETF: What is It and How Does it Work?
The Bitcoin ETF (Exchange-Traded Funds) applications, rejections, and rumors of possible approval have been affecting price action in the past few weeks. While the SEC is yet to approve a Bitcoin ETF that follows its requirements and addresses crucial security…
ETF Delay Sinks Bitcoin Back to $6,300 Level, NYSE Parent Company Launch Crypto Exchange
It was another dark day for Bitcoin, dropping 10% in price and more than $10 billion in market capitalization in the last 24 hours. As of press time, Bitcoin is trading at $6,350, total market capitalization is at $224 billion,…
Fund Manager Predicts Bit-coin Prices Will Soar to Highs of 60,000 in 2018
The Blackmore Group’s CEO, Philip Nunn, remains bullish about the prospects of bit-coin by standing by his prediction that the price of bitcoin would soar and hit the 60,000 dollar mark this year. He went on further to state that…