Wall Street

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 Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYE), is […]

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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 the shortcomings of financial institutions and its infrastructure. “In decentralization we trust” has become the […]

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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 its first pre-sale day. PTR is also meant to aid in overcoming US and EU […]

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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 companies and developers go about developing, testing, deploying, and running their apps. There are also […]

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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 conducted among 17 Japanese cryptocurrency exchanges, it has been identified that the most traded cryptocurrencies […]

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IBM to enter $300 billion crypto market, following blockchain innovation

Several tech giants have announced their entry into blockchain, and are currently pursuing multiple projects, proof of concepts (PoCs), and pilot projects utilizing this technology. However, they have typically been silent vis-a-vis cryptocurrencies. This is changing now, with global tech giant IBM announcing their interest in crypto space. IBM is not new to blockchain. The […]

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Kevin O’Leary Talks about Bitcoin and Asset-Backed Cryptocurrencies

Blockchain technology is fast earning the reputation of the disruptive technology it is known for. Recent announcements by Kevin O’Leary have further spurred the adaptation of blockchain technology through the upcoming sales of one-third ownership of an extremely reputable NYC hotel via an Initial Coin Offering (ICO) worth $400 million. If this initiative takes off through […]

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Ripple xCurrent will be used by Brazil and Latin America’s Largest Bank for Payments Processing

Author – Marequitta Roughly a month ago (February 21), it has been revealed by the Ripple team that Brazil and Latin America’s biggest bank by market cap, Itaú Unibanco, have signed an agreement with Ripple to use its blockchain network’s xCurrent to process remittances and cross-border payments. Ripple is like a combination of an online worldwide […]

Wall Street

Bitcoin and Stock Market Prices Correlated? Wall Street Journal Article Thinks So

Governments and major financial institutions and authorities have always considered Bitcoin as a speculative investment, which means that it may or may not be a legitimate asset that people should be investing in. For the most part, this is because of Bitcoin being unregulated, decentralized, and still far from market maturity. These factors are the […]