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Jeffrey Wernick, an accredited investor and an early stakeholder in Uber and Airbnb, arguably two of the most successful technology startups created in the past decade, believes everyone should invest in crypto as an alternative store of value. Bitcoin Outperformed Every Currency Since 2009 During an interview with Business Insider, Wernick emphasized that many investors … Read more
Yoni Assia, the CEO of UK-based multi-asset brokerage company eToro, a platform founded in 2006 that serves more than seven million active users, has said in an interview that the recent decline in the prices of both major and small cryptocurrencies such as Bitcoin, Ethereum, and tokens has created a rare buying opportunity for newcomers. … Read more
Earlier this week, German mainstream media outlet Der Tagesspiegel reported that local authorities had raided the apartment of a criminal group and confiscated more than $14 million in Bitcoin and other cryptocurrencies including Bitcoin Gold, Bitcoin Cash, and Ether. Waited Out Hard Forks German law enforcement arrested members of a criminal group and raided their residences … Read more
Paul Chou, a former Goldman Sachs executive and the founder of LedgerX, a regulated bitcoin derivatives and futures market based in the US, said that Bitcoin has been seeing unprecedented institutional interest for the first time in its history. Institutional Money During an interview with Nathaniel Popper of the New York Times, Chou stated that despite … Read more
A U.S. state has issued emergency cease and desist orders to two companies and related persons purportedly engaged in cryptocurrency investment schemes. The first company posted videos of three mining farms composed of online stock images, according to the order. Both companies made numerous materially misleading claims and violated U.S. securities laws. Also read: Yahoo! Japan … Read more
Nasdaq, Goldman Sachs, J.P. Morgan, and Morgan Stanley have hinted at plans to launch and operate cryptocurrency exchanges in 2018. SBI Group, one of Japan’s largest financial companies, has finalized its plan to launch a cryptocurrency exchange in the summer. The Number One Exchange According to Business Insider Japan, SBI Holdings president and SBI Group … Read more
Alexei Navalny, one of the major opposition politicians who ran against current Russian President Vladimir Putin this year, raised more than 25 percent of his campaign donations in bitcoin. 100,000 Donors, $6 Million During the 2018 Russian presidential election, analysts predicted a landslide victory for Putin and for him to be re-elected with the support of … Read more
Kim Yong-jin, South Korea’s Deputy Minister of Strategy and Finance, stated at a financial conference held at InterContinental Seoul that the cryptocurrency market is growing exponentially and gaining stability. Minister Kim surprised local investors and cryptocurrency researchers by stating that alternative means of payment such as cryptocurrencies could threaten the foundation of the traditional fiat system. “Cryptocurrencies … Read more
Residents and citizens of South Korea have formally requested the country’s government and the executive office of President Moon Jae-in, better known as the Blue House, to provide a cryptocurrency and blockchain regulation-free city within the country. For many years, the South Korean government has utilized a petition system to communicate with its citizens and potentially … Read more
Over the past few weeks, the mainstream media has tried to justify the extreme volatility of the cryptocurrency market, and specifically the price movements of bitcoin, by connecting them to news. This week, several media outlets reported that the price of bitcoin had fallen from $9,000 to $8,000 due to the ban imposed by Twitter on cryptocurrency-related advertisements. … Read more
