Crypto finance startup Circle isn’t hurting after bitcoin’s recent plunge. In fact, the company has seen a surge in hedge funds and other major investors joining its platform. According to CNBC, the Goldman Sachs-backed company said that month over month it had a 30 percent...
Schweizerische Nationalbank Board Director Thomas Moser said he doesn’t think it’s the right time to talk about issuing a national cryptocurrency for the country. During the “Future of Token Economy” panel at the Crypto Valley Conference in Zug, Switzerland last week, Moser said that blockchain is...
As many are looking at the red flags involved with investing in cryptocurrency, Ethereum Co-founder Charles Hoskinson isn’t worried. In fact, he believes the “future is bright.” According to Cryptovest, Hoskinson wrote on Twitter on June 21, “What’s often missed by the cryptocurrency is going to...
With Japan’s Financial Services Agency (FSA) bringing business improvement orders against multiple exchanges, some crypto exchanges are limiting their operations: At least one exchange said it would stop taking on new clients and review some of its existing clients, Seeking Alpha reported. BitFlyer, for example,...
What’s a currency to do when it can take down the internet? Gain in price, amid growing clamor for it, of course. No need to trace the minute details of bitcoin’s pricing. $6,500 or $6,600. Maybe more. Maybe less, and maybe a lot more or...
Square, the payments company founded by Jack Dorsey, has received a license to enable residents in New York state to buy and sell bitcoin via its Cash App. In a press release, the New York State Department of Financial Services Superintendent Maria T. Vullo said...
Hedge funds investing in cryptocurrencies are seeing returns fall, with digital coins down by 35 percent so far this year. According to the Financial Times, U.S. analytics firm Hedge Fund Research (HFR) reports that global hedge funds investing in cryptocurrency and its technology have posted negative...
In investing, like in sports, maxims abound. Some of them are even helpful, and possibly instructive. Look to the savviest investors and you’ll find pearls of wisdom that speak to the current climate, the past investing landscape and which may be good lodestars for the...
Cryptocurrencies fell fast in just a few hours due to a flash crash that wiped out $15 billion. According to News BTC, the crypto markets fell more than 6 percent over a day, with bitcoin kicking it off by shedding $300 in just over an...
