Tag Archives: Cryptocurrencies

US Election Sees Crypto-Friendly Politicians Win Governor Races

US Election Sees Crypto-Friendly Politicians Win Governor Races

The U.S. 2018 midterm elections saw crypto-friendly lawmakers securing governorships in three states, while maintaining two others. Three new governors and two incumbent are ranked as very crypto-friendly, according to datacompiled by the Digital Asset Trade Association (DATA), a blockchain advocacy group. The organization sent surveys to most gubernatorial candidates, rating their blockchain-friendliness based on their responses. Perhaps […]

Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin

Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin

On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017. In comparison to Morgan Stanley’s 2017 report on Bitcoin, their 2018 outlook is bullish. The report contains an overview of both how Bitcoin […]

Nasdaq Interested in Deploying Its Platforms for Crypto

Nasdaq Interested in Deploying Its Platforms for Crypto

The U.S. stock exchange company Nasdaq wants to bring its vast experience to bear on the burgeoning cryptoasset industry, Bloomberg reported today (Nov 1st) citing an unpublished internal document. Discussing the possibility of using its expertise to detect market manipulation, and “other scams,” the company referenced its ability to comply with the industry standard of: surveillance […]

Coinbase Raises $300 Million in New Funding, Aims to Support ‘Thousands’ of Cryptocurrencies in the Future

Coinbase Raises $300 Million in New Funding, Aims to Support ‘Thousands’ of Cryptocurrencies in the Future

On Tuesday (30 October 2018), Asiff Hirji, President & COO of Coinbase announced via a blog post that the crypto exchange had raised $300 million in its latest funding round, valuing the company at over $8 billion. In his blog post, Hirji started by saying that Coinbase sees “tremendous promise in crypto to build the next great phase of the […]

Payments Company Square Open-Sources Its Bitcoin Cold Storage Tool

Payments Company Square Open-Sources Its Bitcoin Cold Storage Tool

U.S. payments processing company Square has announced that it is open-sourcing its Bitcoin (BTC) cold storage solution in an official blog post published today, Oct. 23. Cold storage refers to a method of keeping cryptocurrency holdings and users’ private keys offline in order to safeguard against theft via a remote attack. According to the post, Square’s solution, dubbed “Subzero,” uses a Hardware Security […]

Experts: Fidelity Could Single-Handedly Solidify Crypto as New Asset Class

Experts: Fidelity Could Single-Handedly Solidify Crypto as New Asset Class

On October 15, Fidelity, the world’s fourth largest asset manager with $7.2 billion assets under management, launched its crypto custody arm. At the time, Fidelity CEO Abigail Johnson stated that the long-term strategy of the investment firm is to make Bitcoin and the rest of the cryptocurrency market more accessible to investors. “Our goal is to make […]

A Coinbase Veteran Is Changing Sides in the Cryptocurrency Wars

A Coinbase Veteran Is Changing Sides in the Cryptocurrency Wars

A prime architect of America’s largest trading platform for digital currencies is changing teams. Adam White, who helped build Coinbase into a crypto-colossus with 25 million customers, is joining Bakkt, the venture launched in August by a consortium led by Intercontinental Exchange (market cap: $42 billion), parent of the New York Stock Exchange, as chief […]

Bitcoin Price Intraday Analysis: BTC/USD Forming Doji in Bull Trap

Bitcoin Price Intraday Analysis: BTC/USD Forming Doji in Bull Trap

Bitcoin remains motionless as the price enter yet another day of anxious stability. The Bitcoin-to-dollar exchange rate is extending its sideways consolidation trend. The spike seen at the beginning of this week – mostly because of the Tether crash – is fading aptly in the absence of adequate bullish sentiment, halted near circa 6550-fiat. The push lately brought the […]

Mike Novogratz Explains Why the Beginning of 2019 Will Be Big for Bitcoin

Mike Novogratz Explains Why the Beginning of 2019 Will Be Big for Bitcoin

In a recent Bloomberg Television interview, famed bitcoin supporter Mike Novogratz explains why he thinks Q1 & Q2 of 2019 will be extremely positive for bitcoin. Novogratz, founder and CEO of Galaxy Digital, has previously declared the bottom of the cryptocurrency market, and continues to be bullish on bitcoin. Mike’s appearance on Bloomberg highlighted the latest news that Fidelity Investments, one […]