Galaxy Digital CEO Mike Novogratz says Bitcoin is not likely to reach $9,000 in 2018, stressing the industry is selling crypto “just to fund the burn rate.” Mike Novogratz, CEO of crypto investment firm Galaxy Digital Capital Management, has again corrected his Bitcoin (BTC) price forecast. The billionaire investor said he doesn’t expect BTC to […]
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Sierra Leone is set to create a national, blockchain-based credit bureau. On September 27, at the 73rd Session of the U.N. General Assembly (UNGA), Sierra Leone’s president Julius Maada Bio made an announcement where he declared that his country had set a new goal to create a national, blockchain-based credit bureau to “radically transform” the […]
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‘MoneyTap,’ a consumer-focused blockchain payments app co-developed by Ripple and Japanese financial services giant SBI Holdings, has now gone live. Ripple-powered payments app MoneyTap has now gone live, according to an official tweet October 3. The consumer-focused service was co-developed by Ripple and Japanese financial services giant SBI Holdings. According to the product’s website, MoneyTap […]
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Digital wallet Abra has announced that its users can now invest in the new BIT10 token, which tracks the Bitwise 10 Large Cap Crypto Index. Digital currency wallet and exchange Abra has launched support for a new token, BIT10, that tracks the Bitwise 10 Large Cap Crypto Index, according to an announcement published Oct. 3. […]
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A recent study by ReportLink states that blockchain in the U.S. manufacturing market will increase from 2020–2025. A recent report by technology research company ReportLinker shows that blockchain technology in the U.S. manufacturing sector is expected to grow significantly from 2020–2025. While preparing the report, the authors split blockchain usage by application, end use, and […]
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Crypto exchange Poloniex will remove margin and lending products for its U.S.-based customers in order to comply with regulatory requirements. U.S.-based cryptocurrency exchange platform Poloniex will remove margin and lending products for its customers in the U.S and delist three digital assets, according to an announcement published October 3. Poloniex is a cryptocurrency trading platform […]
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Two U.S. representatives have proposed a bill that would, through a working group, find a common definition for blockchain technology for forthcoming legislation. U.S. Reps. Doris Matsui and Brett Guthrie have recently proposed a bill dubbed the “Blockchain Promotional Act 2018” in the House of Representatives, according to an announcement on Matsui’s website Monday, Oct. […]
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As investments in cryptocurrency have grown in popularity, and value, security breaches have increased in parallel, with millions of dollars in Bitcoin and other digital currencies stolen from digital currency wallets around the world. In a fintech environment, there are numerous standards that are followed to maintain a level of data security to protect people’s assets. […]
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Crypto exchange Gemini Trust Company, LLC has obtained insurance coverage for custodied digital assets from lending services firm Aon. Cryptocurrency exchange and custodian Gemini Trust Company, LLC (Gemini) has secured insurance coverage for custodied digital assets from lending services firm Aon, according to a press release published Oct. 3. Founded in 2014 in New York […]
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Although the crypto bear market is scaring away retail investors, institutional players are using the current fall to invest in various blockchain and crypto firms. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should […]
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