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…
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Goldman Sachs CEO Slams Crypto Currency Cynics
CEO of investment giants Goldman Sachs, Lloyd Blankfein, has hit out at cryptocurrency cynics who believe that cryptocurrency is just a fad. Lloyd voiced his opinion at the economic club of New York conference. Lloyd has long held that cryptocurrency…
The crypto dilemma: JP Morgan finally ‘looks into’ cryptocurrencies for adoption
Speaking during an extensive interview with CNBC News channel, Daniel Pinto- co-president at JPMorgan revealed that the company is currently looking at the cryptocurrencies space citing that the technology would play a significant role in the company moving forward. The…
The Wall Street Giant – Goldman Sachs introduces a new cryptocurrency
Circle, a payment startup company belonging to Goldman Sachs yesterday declared the launch of a new cryptocurrency named the Circle USD Coin. The USD coin is essentially the digital version of the dollar and the first cryptocurrency in the market…
New Index to Regulate Trading of Ethereum Futures at CME Group
Author – Sam Chicago-based CME group is living to the expectations of a large derivatives exchange company of its caliber. The operator is making preparations for a major milestone in the trading of a product in the ethereum futures. The…
Wall Street Company Plans to Establish Trading Platform for Bitcoin, Mainstream Adoption Imminent
Since the cryptocurrency media spotlight that started during the last quarter of 2017, mainstream adoption of cryptocurrencies has slowly begun. Just recently, reports say that Wall Street seriously considers profit making in the cryptocurrency market. According to Wall Street reports,…
The Irony: Goldman Sachs is Coming on Board with the Bitcoin Trading Operation A Decade After the 2008 Financial Crisis
It is interesting to note that one of the primary reasons Bitcoin started was due to the financial crisis of 2008. The downfall of Lehman Brothers in September 2008 followed by the huge bailouts using taxpayers’ money has completely highlighted…
Venezuela Government Launches their Commodity-Backed Cryptocurrency Petro and Offers India 30% Discount Off Crude Oil when Paid in Petro
New Cryptocurrency In late March 2018, President Nicolas Maduro officially announced the inception of petro (PTR), Venezuela’s new digital currency. He shares that PTR is backed by the country’s oil, gas, diamonds and gold with $735M being successfully raised on…
Huawei launches blockchain-as-a-service platform
Chinese telecommunications, telecom equipment, and services giant Huawei has recently publicly launched its blockchain platform. Their blockchain-as-a-service (BaaS) platform is built on Hyperledger. Readers are aware how cloud computing has brought in several as-a-service models that have fundamentally changed how…
3.5 Million Active Traders in Japan Adopt Cryptocurrency, Future of Global Cryptomarket Looks Bright
Positive news of more cryptocurrency adoption and trading are now coming from Japan. It has been recorded that 3.5 Million crypto traders are becoming more active in Japan according to recent data from Japan’s Financial Services Authority. In a survey…