Blockchain Technology is the recent buzzword that has spread like wildfire across all industries; be it financial systems, healthcare or the ICO startups. However, there are specific blockchain key terms which a user needs to know to keep abreast with the Blockchain revolution. As per some estimates, this blockchain revolution can surpass the internet revolution … Continue reading “Blockchain for Beginners: Key Terms You Should Understand”
Bitcoin (BTC)
A $1 Million “Buffett Bet 2.0” on Cryptocurrencies
It’s safe to say 2018 wasn’t the best year for cryptocurrencies. However, some firms aren’t willing to throw in the towel. In fact, Morgan Creek Digital just announced a “Buffett Bet 2.0,” or a $1 million wager that its cryptocurrency index will outperform the S&P 500 over the next 10 years. That’s quite a bet … Continue reading “A $1 Million “Buffett Bet 2.0” on Cryptocurrencies”
Bakkt CEO Explains the Intricacies of the Exchange
Bittpress recently reported that ICE partnered with coffee chain Starbucks and software giant Microsoft to develop Bakkt. Basically, Bakkt is a crypto futures trading platform. We also reported that ICE postponed the Bakkt launch to January on participants’ requests. During the Consensus Invest Conference, Bakkt CEO Kelly Loeffler put Bakkt into perspective. The Bakkt Partnership with Starbucks … Continue reading “Bakkt CEO Explains the Intricacies of the Exchange”
Crypto Expert, David Puell, Predicts Bitcoin will Bottom Out this Month
Bitcoin and crypto market analyst, David Puell, has some heartwarming news for you. You see, while all market forecasts remain mere predictions, which are bound to fail, they are important for sustaining bullish market sentiments. Therefore, despite all the positive predictions about the cryptocurrency market, the crypto winter persists, leading to massive selloffs of cryptos. Still, … Continue reading “Crypto Expert, David Puell, Predicts Bitcoin will Bottom Out this Month”
Allianz Chief El-Erian Makes a U-turn on Bitcoin Adoption
On Tuesday, Mohammed El-Erian, the financial services firm Allianz’s chief economic advisor, shared his thoughts on cryptocurrency. Basically, according to him, cryptocurrency will reach universality as part of the broader financial ecosystem. He was speaking at CoinDesk’s Consensus: Invest Conference. El-Erian reiterated his earlier position that Bitcoin is a “commodity” and not a “currency.” However, … Continue reading “Allianz Chief El-Erian Makes a U-turn on Bitcoin Adoption”
NYSE Chairman Gives Bitcoin A Thumbs Up
With the Bitcoin prices dipping to an all time low, people are becoming more suspicious of its future. However, the Chairman of New York Stock Exchange (NYSE) has only good things to say about Bitcoin. Jeffrey Sprecher, CEO of Intercontinental Exchange (ICE) & Chairman of NYSE, spoke positively about cryptocurrencies. At the Consensus Invest conference … Continue reading “NYSE Chairman Gives Bitcoin A Thumbs Up”
Guide: A Beginner’s Look at Litecoin Mining
First came Bitcoin, then a slew of other coins, and then Litecoin joined the scene. Just like Bitcoin, Litecoin functions as an online platform where users can send and receive payments. Since Litecoin also works on a decentralized network, its peer-to-peer transactions are not controlled by any monopolistic authority. Compared to its ancestor, there are … Continue reading “Guide: A Beginner’s Look at Litecoin Mining”
Tim Draper, Tech Billionaire, Remains Bullish on Cryptocurrency
If there is anything causing Tim Draper to lose sleep, it is certainly not the slump in the cryptocurrency market. Indeed, the 60-year-old tech billionaire has bigger fish to fry. He was speaking on the bear market lately. In a bid to show his bullish stance on cryptocurrency, the whale said that the global economy … Continue reading “Tim Draper, Tech Billionaire, Remains Bullish on Cryptocurrency”
Bitex Exchange Opens in United Arab Emirates (UAE)
The Asian crypto exchange Bitex has just launched services in the United Arab Emirates (UAE). Bitex itself just launched earlier this year with a vision of improving some of the limits they see in other exchanges. Its main goal is to offer a more local, bank-like service. Currently, Bitex serves 8 countries in Asia, including … Continue reading “Bitex Exchange Opens in United Arab Emirates (UAE)”
BitPay COO Sonny Singh Sees Bitcoin at $15-20K by 2019
Sonny Singh, COO of the popular crypto payment provider BitPay, says Bitcoin’s (BTC) turnaround is coming by the end of 2019 . Speaking to Bloomberg on Thursday, Singh said the coin will reach new heights. His prediction comes at a low point for Bitcoin (BTC). Since November 13, its market cap has plunged 33%. At … Continue reading “BitPay COO Sonny Singh Sees Bitcoin at $15-20K by 2019”