Tagged: bitcoin

January 17, 2018 @ 1:11 pm By JD Alois  |  

In a speech delivered on January 15th at Bercy, Bruno Le Maire, the Minister of Economy and Finance, announced he has appointed Jean-Pierre Landau, former Deputy Governor of the Banque de France, to head a mission investigating cryptocurrencies. Le Maire stated (translated from French); “We want… Read More

January 17, 2018 @ 1:30 am By Timothy Li  |  

Last year, I boldly predicted 10 Fintech movements that will take place as Earth makes another perfect rotation around our Sun. It’s always fun to look back and see how wrong I was, so let’s stump the chump! Here are my original predictions. Let’s score… Read More

January 16, 2018 @ 11:32 pm By JD Alois  |  

South Korea has veered off track in allowing digital currencies to grow and evolve. Frightened by the rapid rise in Bitcoin trading and speculation, public officials have been raiding exchanges, banning anonymous accounts, and threatening to ban cryptocurrencies altogether. As the South Korean government moved… Read More

January 16, 2018 @ 3:42 pm By JD Alois  |  

The price of Bitcoin is tanking today, depending on which exchange you are looking at Bitcoin, or BTC, is hovering over $11,000.  It was not that long ago that Bitcoin was barreling down on $20,000 per BTC. But oh, what a day or two makes… Read More

January 16, 2018 @ 12:29 pm By Erin Hobey  |  

deVere Group, an international financial advising network with more than 70 global offices, over 80,000 clients and $12 billion under advisement, has officially entered the cryptosphere, with the launching of a new cryptocurrency app in reply to the “soaring global demand” and in defiance of financial… Read More

January 15, 2018 @ 8:46 am By JD Alois  |  

Last week, a Singapore Member of Parliament, Foo Mee Har, posed some questions to the Singapore Prime Minister regarding enforcement of anti-money laundering (AML) and counter-terrorism financing and Bitcoin utilization where “conventional oversight mechanisms of the real money market do not apply.” Singapore Deputy Prime… Read More

January 14, 2018 @ 8:45 am By JD Alois  |  

Bank Indonesia has issued a statement affirming that using Bitcoin, and any other cryptocurrency, is not allowed in Indonesia. Bank Indonesia has previously issued proclamations sharing their stance on digital currencies – most recently in December when the bank said usage would be banned in… Read More

January 10, 2018 @ 11:48 pm By JD Alois  |  

South Korea has been back and forth on the future of cryptocurrency and its exchanges for some time now. Today, apparently things have taken a turn for the worse as reports indicate that South Korea will ban all cryptocurrencies and prominent exchanges have been raided… Read More

January 9, 2018 @ 9:22 am By JD Alois  |  

Long Blockchain Corp. (Nasdaq: LBCC) has decided not to proceed with its previously announced public offering of common stock. Shares in the company jumped in pre-market trading following the announcement. Long Blockchain Corp. changed its name from Long Island Iced Tea Corp. in recent weeks… Read More

January 8, 2018 @ 8:33 am By JD Alois  |  

As we reported this past weekend, the People’s Bank of China (PBOC) is rumored to be discussing a power cut for Bitcoin miners. Now there is a document circulating on the internet that indicates China wants to shut down Bitcoin mining altogether. While the complete… Read More

January 6, 2018 @ 5:20 pm By Xu Gao  |  

Tencent Wins Third-Party Fund Sales License On January 2, 2018, the Shenzhen Securities Regulatory Bureau issued this year’s first fund sales license to internet giant Tencent Holdings, or more specifically Teng An Information Technology (Shenzhen) Co., Ltd. According to the document, the company was allowed… Read More

January 5, 2018 @ 3:42 pm By Joshua Klayman  |  

Oh the excitement!  Oh the frustration! Each day, more and more people are becoming aware of digital tokens generally, and an ever increasing number of them have begun the journey into purchasing some of those tokens.  But a lack of mechanical technological know-how may leave… Read More

January 5, 2018 @ 9:18 am By JD Alois  |  

Long Blockchain Corporation (NASDAQ:LBCC) has signed an agreement to purchase 1000 Bitcoin mining machines manufactured by Bitmain.  The hardware, Antminer S9 mining rigs and 1,000 APW3++ PSUs, is expected to arrive this month and will be deployed at a data center in an experienced crypto mining… Read More

January 4, 2018 @ 11:00 am By Samantha Hurst  |  

Last month, Prasos, a Bitcoin broker seeking to make Bitcoin investing mainstream, completed its equity crowdfunding campaign on Invesdor by securing more than €2.5 million in funding. The company launched the funding round in November seeking a minimum of €750,000. Now, CEO of Prasos, Henry… Read More

January 4, 2018 @ 9:08 am By JD Alois  |  

Merrill Lynch has blocked all of their retail customers from investing in Grayscale’s Bitcoin Investment Trust (OTC: GBTC). This follows a ban on enabling investors from purchasing futures trading on the CBOE and CME. This follows a report from WSJ that quoted an internal memo stating;… Read More

January 2, 2018 @ 2:00 pm By JD Alois  |  

Peter Thiel, via his Founders Fund, has apparently made an sizable bet on the rising value of Bitcoin.  According to a report in WSJ, Thiel gambled on BTC some time ago buying up to $20 million worth of the cryptocurrency. That investment has since grown… Read More

January 1, 2018 @ 7:25 pm By JD Alois  |  

2018 is here and 2017 is in the rear view mirror getting smaller by the minute. In the world of Fintech, the past twelve months have been momentous as new innovations in finance have risen in prominence while others, once promising, have waned. So what… Read More

December 27, 2017 @ 3:57 pm By Samantha Hurst  |  

Prasos, a Bitcoin broker seeking to make Bitcoin investing mainstream, has closed its latest equity crowdfunding campaign on Invesdor with more than €2.5 million in funding. The company launched the funding round last month and quickly secured its minimum €750,000 funding target. As previously reported, Prasos is… Read More

December 27, 2017 @ 11:35 am By Samantha Hurst  |  

Bitcoin wallet Bread announced over the weekend its crowdsale completely sold out. The company launched the round on December 23rd with $12 million secured through its presale and a total of $32 million raised. The crowdsale was capped at the $20 million, which was achieved within 90… Read More

December 27, 2017 @ 8:11 am By JD Alois  |  

Cryptocurrency exchange Binance has claimed the top spot in regards to trading volume in digital currencies. According to Binance, the crypto exchange is now the largest in world having fulfilled trading volume of $2.8 billion since Tuesday. The milestone  takes place just 5 months after… Read More