Juniper Research: Cryptocurrency Market on Brink of Implosion?

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Apparently, the cryptocurrency market is on the brink if implosion, notes doomsayers at Juniper Research.  In fact, their recent report – The Future of Cryptocurrency: Bitcoin, & Altcoin Trends & Challenges 2018-2023 warns of impending doom. The Doom and Gloom Argument According to Juniper One of the Juniper arguments is that the daily transaction volume … Continue reading “Juniper Research: Cryptocurrency Market on Brink of Implosion?”

Four Reasons Cryptocurrency Really is Here to Stay

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It’s only a matter of time before we see broader cryptocurrency adoption.  Here are the Top 5 reasons why. Reason No. 1—Bakkt is Nearing The Intercontinental Exchange (ICE) has partnered with Microsoft, Starbucks and Boston Consulting Group to launch Bakkt, a new cryptocurrency exchange, for example.  The intention is to build an “open and regulated, … Continue reading “Four Reasons Cryptocurrency Really is Here to Stay”

Warren Buffett on Cryptocurrency: Why he May be Wrong

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Not everyone is a cryptocurrency bull. Warren Buffett and Charlie Munger still believe Bitcoin is a mirage and a “scum ball activity.” Buffett once went on to say it’s “probably rat poison squared.” Munger went on to say the thought of owning cryptocurrencies was just “dementia.” But analysts just pass that off as a generational … Continue reading “Warren Buffett on Cryptocurrency: Why he May be Wrong”

Novogratz: Impossible for Bitcoin Not to Rebound to $8,800 to $10,000

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Billionaires have been jumping on the Bitcoin (BTC) bandwagon for quite some time. Months ago, Michael Novogratz said the industry could be worth $5 trillion by 2021. “Ten percent of my net worth is in this space. It’s the ‘best investment of my life,’” he said at one time.  “The Nasdaq got to $5.4 trillion … Continue reading “Novogratz: Impossible for Bitcoin Not to Rebound to $8,800 to $10,000”

Billionaire Calls Bottom in Cryptocurrencies

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Galaxy Digital CEO and billionaire, Michael Novogratz says cryptocurrency prices have bottomed. That’s music to the ears of traders that watched as Bitcoin and Ethereum crashed to earth. “I think we put in a low yesterday,” Novogratz said, as quoted by CNBC He also noted the Bloomberg Galaxy Crypto index, which measures the performance of … Continue reading “Billionaire Calls Bottom in Cryptocurrencies”

Cryptocurrencies: The NASDAQ Catalysts to Be Aware Of

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The NASDAQ believes in the future of cryptocurrency. So much so, they may be about to hand institutional investors analytical tools for trading hundreds of crypto assets. According to Coin Desk, the “exchange is preparing to add tools for predicting the price movements of crypto assets to its Analytics Hub.” That follows other big news … Continue reading “Cryptocurrencies: The NASDAQ Catalysts to Be Aware Of”

Citigroup Creates “Digital Asset Receipts” for Cryptocurrency Investors

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News out of Citigroup could be a game-changer. The Digital Asset Receipt The firm just created a new financial product called a “digital asset receipt.” Reportedly, it will allow institutional investors a less-risky way of investing in cryptocurrency. According to Business Insider: “Citi has developed an instrument it’s calling a Digital Asset Receipt or DAR. It … Continue reading “Citigroup Creates “Digital Asset Receipts” for Cryptocurrency Investors”

US SEC Halts Trading in Two Cryptocurrency Products

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Apparently, the US SEC doesn’t take weekends off. The agency just suspended trading on two investment products that track cryptocurrencies.  Apparently, there’s confusion over whether the products are exchange trading funds (ETFs). Bitcoin Tracker One and Ether Tracker One are halted until at least September 20, 2018 Both products have a promise to track the … Continue reading “US SEC Halts Trading in Two Cryptocurrency Products”

Cryptocurrency Bloodbath: Goldman Sachs Triggers Move

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You can thank Goldman Sachs for the cryptocurrency bloodbath. Reportedly, the firm has backed down on plans to start its dedicated cryptocurrency desk.  Bitcoin is down another 10.2% this morning.  Ethereum is down 15%. And Litecoin slipped another 14%. While Goldman’s reasons for doing so make sense, it doesn’t make it any less painful They … Continue reading “Cryptocurrency Bloodbath: Goldman Sachs Triggers Move”

NASDAQ could List Cryptocurrencies by 2019

Posted on Categories Bitcoin, Business, Crypto Exchanges, Cryptocurrency, ETF, Ethereum, GeneralTags , , , , , , , , , , Leave a comment on NASDAQ could List Cryptocurrencies by 2019

In early August 2018, there were rumors that NASDAQ could launch a joint venture with Gemini to list top cryptocurrencies for trading. Details are not clear yet.  But Bitcoin and Ethereum are likely to list on the exchange. In fact, according to Unhashed.com, a NASDAQ source noted: “The conversation around listing coins has centered on … Continue reading “NASDAQ could List Cryptocurrencies by 2019”