Tag: bitcoin

Chinese Mining Giant Bitmain Releases ‘Crypto Index’ Tracking Bitcoin, 16 Altcoin Prices

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Bitmain has released the Bitmain Crypto Index, designed to give both institutional and retail investors a “transparent” price benchmark. Chinese cryptocurrency mining giant Bitmain released several price indices Nov. 30, aiming to track the largest assets for both institutional and retail investors. The Bitmain Crypto Index (BCI) comprises real-time spot price reading which refreshes every […]

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German Private Equity Fund Targets Bitcoin Mining аs Clients Demand ‘Regulated Product’

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Xolaris Service KVAG, a German alternative investment fund manager, has launched a private equity fund dedicated to Bitcoin mining. German alternative investment fund manager Xolaris Service KVAG has launched a private equity fund dedicated to Bitcoin mining, the company confirmed in a press release Nov. 29. Xolaris, which has undertaken various expansion measures including the […]

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Russian Economic Minister Says BTC Is ‘Soap Bubble’ But Lauds Crypto’s Influence on Tech

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Russia’s economic minister has compared BTC with a “soap bubble,” while seeing its influence on increasing tech investments as positive. The Minister of Economic Development of Russia referred to Bitcoin (BTC) as a “soap bubble” that has has led to investors’ losses, Russian informational agency RBK reported Nov. 28. Minister Maksim Oreshkin, speaking in an […]

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UBS Executive Paul Donovan Blasts Bitcoin Again, States Cryptos Are ‘Fatally Flawed’

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UBS’ Paul Donovan repeats Bitcoin bashing from last year, claiming it will “never be a currency.” Swiss bank UBS’ Wealth Management Global Chief Economist and infamous Bitcoin skeptic Paul Donovan doubled down on his distrust of cryptocurrency Nov. 29, calling it “fundamentally flawed.” Speaking to CNBC’s Fast Money segment, Donovan, who earlier this week released […]

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US SEC Charges Floyd Mayweather Jr and DJ Khaled for Unlawfully Promoting ICO

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The U.S. SEC has announced settled charges against Floyd Mayweather Jr. and DJ Khaled for unlawfully advertising an ICO. The U.S. Securities and Exchange Commission (SEC) has charged professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled for unlawfully advertising Initial Coin Offerings (ICOs), according to a press release published Nov. 29. Per the […]

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Coinbase Pro Launches Support for Zcash

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U.S.-based crypto exchange Coinbase has added support for Zcash on its Coinbase Pro platform. Major U.S. cryptocurrency exchange Coinbase has launched support for Zcash (ZEC) on its Coinbase Pro platform, according to a company blog post published Nov. 29. Zcash is a cryptocurrency based on a decentralized blockchain, designed with the goal of making transactions […]

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