Billionaire investor Mark Cuban said that he would rather own bananas than own Bitcoin. The billionaire investor made these remarks in a video Q&A with technology news outlet, Wired. During the Q&A session, he answered to a Twitter user who…
IFRIC: Cryptos are neither Financial Assets nor legal Tender
The international financial reporting interpretations committee (IFRIC) has ruled that cryptocurrencies are neither financial assets nor legal tender. The Korea Times reported the development on Sep 23, citing the Korea Accounting institute’s briefing in regard to an IFRIC meeting held…
Nigerian Returns $80K worth of Bitcoin sent to him in Error
According to a report radio France Internationale, a Nigerian has returned $80,000 worth of Bitcoins sent to him in error. Nigerians have often received bad press due to a few individuals from that country who get involved in malicious activities…
Watford FC sign-up Bitcoin as Official Sleeve Sponsor
Watford FC has confirmed Bitcoin as their official sleeve sponsor, in an announcement on their official website. The English premier league side will have the Bitcoin logo appear on the Watford FC shirtsleeve, as part of an educational drive led…
A prominent economist and Wall Street veteran recommends Bitcoin hedge as a strategy against a global economic slowdown
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.
Goldman Sachs analysis: Its a Good Time to Buy Bitcoin
If you have been shaking in your boots over the latest BTC market price pullback, there is cause for relief. This is because some Market Intel from Goldman Sachs suggests investors should capitalize on the current price dip and place…
Cryptocurrency Top Gainers and Top Losers – Weekly Report July 29th to August 5th
The majority of top 20 cryptocurrencies appears to be doing more than well with gains striking hard during the entire week between July 29th and August 5th. Bitcoin is rising up by 22% over the period of the last 7…
Proposed legislation to enforce India crypto ban has provisions for penalties and imprisonment
Lawmakers in the Indian parliament are mulling a stringent legislation for enforcing the India crypto ban. The proposed legislation includes steep penalties and 10-years imprisonment.
Wall Street Skeptic: Bitcoin a Good Bet if Trade Tensions Continue
Mr Peter Bookvar of Bleakley advisory group views Bitcoin as a great bet to bank on in the face of the China-US trade wars. The chief investment officer is more a fan of Gold as a store of value, but…
Benfica to Accept Crypto Payments from Next Season
The best game in the world, football just got better with Portuguese champions Benfica announcing that they will be accepting Bitcoin and Ethereum payments. This is an unprecedented move in the Portuguese primera liga, since fans will from next season…
