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JPM Coin has far-reaching ambitions; big bank aims to use digital asset for bond transactions
Remember JP Morgan? The billion-dollar investment bank that made a remarkable U-turn, from engaging in Bitcoin bashing to introducing its own digital asset in early 2019? Well, the bank has once again stoked the cryptocurrency realm, or at least, institutions that are interested in virtual currencies. дальше »
2019-6-25 16:30 | |
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“Coyote of Wall Street” Patrick McDonnell Admits to Committing Crypto Fraud
Patrick McDonnell, a New York resident who goes by the nickname of “the Coyote of Wall Street” recently pleaded guilty to a cryptocurrency related wire fraud in federal court in Brooklyn. This, according to a report by Bloomberg, June 22, 2019. дальше »
2019-6-24 19:00 | |
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Bitmain Resurrects IPO Plans amidst Bitcoin Price Surge
Bitcoin mining behemoth, Bitmain, may likely revive its initial public offering (IPO) plans following bitcoin’s price surge. According to a Bloomberg report on Jun 21, 2019, the company this time around, would be making its filing in the United States instead of Hong Kong. дальше »
2019-6-22 17:00 | |
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US Traders Beware: IRS Prepares Notices after Identifying Crypto Tax Evaders
By CCN Markets: U. S. citizens who have failed to report their income from crypto transactions or underreported such income now have every reason to worry. According to Bloomberg, the Internal Revenue Service has identified a couple of taxpayers who underreported their earnings from crypto income or completely failed to report such earnings. дальше »
2019-6-22 15:14 | |
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Bloomberg: Bitcoin Mining Giant Bitmain is Pursuing IPO Plans Again
Bitcoin Powerhouse Looking to Go Public… Again According to a recent report from Bloomberg, Bitmain, one of the world’s largest crypto companies, still has plans to go public. The Bitcoin mining giant, best known for. дальше »
2019-6-22 02:30 | |
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Why Japan’s Biggest Messenger is Launching a Crypto Exchange For 80 Million Users
By CCN Markets: Line, the most widely utilized messaging application in Japan with more than 80 million users is set to receive approval from Japan’s Financial Services Agency as early as June to launch a crypto exchange, according to a Bloomberg report. дальше »
2019-6-21 16:05 | |
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Messaging app Line is reportedly launching a cryptocurrency exchange in Japan soon
Japanese messaging company Line Corp is reportedly gearing up to launch a cryptocurrency exchange, The report comes just days after fellow tech giant Facebook announced the launch of Libra. According to Bloomberg, which cites people close to the matter, Line could receive its license this month, with exchange operations expected to begin a few weeks after it gets the green light. дальше »
2019-6-20 14:34 | |
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Fundstrat’s Thomas Lee Considers Grayscale Bitcoin Trust Running Up In Value With BTC Price
Grayscale Bitcoin Trust And Bitcoin Could Surge As recently released by Bloomberg, Fundstrat’s latest report suggests that a higher Bitcoin price is currently being supporter by market transparency and integrity. дальше »
2019-6-19 23:45 | |
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Tom Lee Says This Investment Trust Could Soar Alongside Bitcoin
By CCN Markets: With all of the crypto attention currently centered on Facebook’s Libra cryptocurrency, bitcoin could be gearing up for its best run to date. Fundstrat Co-Founder Thomas Lee believes that it is headed much higher in the near future, predicting that a fear-of-missing-out, or FOMO, will catapult the bitcoin price to $40,000 sooner than later. дальше »
2019-6-18 20:30 | |
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Canada: Pharmacy Firm to Track Medical Cannabis on Blockchain
According to a Bloomberg report published on June 17, 2019, Canadian pharmacy chain Shoppers Drug Mart has inked a business deal with distributed ledger technology (DLT) startup TruTrace Technologies to launch a pilot program to track the supply chain of medical cannabis. дальше »
2019-6-18 20:00 | |
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How YouTube became the app parents love to hate
Over the last several months, YouTube has reeled from a wave of criticism. It has been accused of radicalizing young voters, ignoring harassment of LGBT content creators, and most importantly not doing enough to address toxic videos on the platform. дальше »
2019-6-18 15:48 | |
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Samsung Mulls Collaboration with Blockchain and 6G Firms to Stay Competitive
According to a Bloomberg report published June 16, 2019, South Korean tech giant Samsung is seeking to collaborate with next-generation platform firms to stay competitive in the rapidly advancing technological industry. дальше »
2019-6-17 19:00 | |
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Fundstrat: Technical Indicators Show Bitcoin Poised for Another Go at $9k
According to a technical analysis by a Fundstrat strategist, the cryptocurrency market is set for renewed price gains. Per a Bloomberg report on June 13, 2019, Litecoin could also continue its positive start to the year as its halving inches closer, creating further hype which could push its price even higher. дальше »
2019-6-14 23:00 | |
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Fundstrat: Technical Indicators Show Bitcoin Poised for Another go at $9k
According to a technical analysis by a Fundstrat strategist, the cryptocurrency market is set for renewed price gains. Per a Bloomberg report on June 13, 2019, Litecoin could also continue its positive start to the year as its halving inches closer, creating further hype which could push its price even higher. дальше »
2019-6-14 23:00 | |
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Financial Action Task Force [FATF] may be the cryptocurrency industry’s biggest challenge yet
Regulation for the better part of a decade, has been at loggerheads with the cryptocurrency industry. From being exhibited at the world stage as a rebellious, government-shunning decentralized currency to proponents of the industry voicing their support for “necessary regulation,” financial watchdogs are key players within the industry. дальше »
2019-6-12 12:30 | |
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Tightened Identity Regulations Could Spell Trouble for Crypto Exchanges
The Financial Action Task Force (FATF) is set to release new rules and guidelines regarding the cryptocurrency market. Per a report on Bloomberg on June 11, 2019, the upgraded guidance seeks to apply bank rules to the innovative sector. дальше »
2019-6-12 11:00 | |
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E*Trade Starts Crypto Keyword Advertising on Google; Will BTC & ETH Trade Desk Launch Soon?
According to a recent report released by Bloomberg, the investment firm E*Trade is currently working to launch a new crypto trading desk with Ethereum (ETH) and Bitcoin (BTC) as trading options. Now, there are some users that claim that the company is running paid ads on “Cryptocurrency Trading” search on Google. E*Trade Advertises Crypto Trading […] дальше »
2019-6-11 15:22 | |
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Report: Retail Banks Still Wary of Blockchain Technology
While distributed ledger technology (DLT) is fast gaining traction in several sectors of the global economy including investment banking, remittance, payments, and others, a new report by McKinsey & Co has revealed that the retail banking ecosystem have been slower to integrate the technology due to regulatory challenges and other bottlenecks, reports Bloomberg on JuneRead MoreRead More. дальше »
2019-6-9 09:00 | |
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Binance Intends to Introduce New Stablecoins, One Will Be Binance GBP Pegged to British Pound
Binance could soon release new stablecoins to the market The goal is to offer users the possibility to trade virtual currencies against other fiat currencies The recognized and popular cryptocurrency exchange Binance is going to be issuing its own stablecoins in the coming months. дальше »
2019-6-6 17:38 | |
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Report: Despite the Resurgence in Price, Bitcoin Sees Little Adoption
According to a Bloomberg report published May 31, 2019, bitcoin’s use for economic transactions is still tremendously low despite the recent surge in its price. Not so Bullish Behind the Price It would be fair to say that the recent spike in the price of bitcoin has been largely successful in lifting the morale ofRead MoreRead More. дальше »
2019-6-1 23:00 | |
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Chainalysis Report: Bitcoin’s Major Use Case is for Speculation
Chainalysis, a U. S. based blockchain intelligence firm’s research revealed that between January and April 2019, only 1. 3 percent of Bitcoin economic transactions were carried out by merchants and as such, speculation remains Bitcoin’s major use case and it has retarded the cryptocurrency’s massive adoption as means of payment, reports Bloomberg on May 31, 2019. дальше »
2019-5-31 20:52 | |
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Bitcoin [BTC] is not being used by almost anybody, claims article; Samson Mow retorts
Bitcoin’s [BTC] upward surge on the cryptocurrency charts has led many people in the space to speculate that the world’s largest currency was back in action and that mass adoption was just over the horizon. дальше »
2019-5-31 11:30 | |
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Robinhood Finds Ally in Jump Trading to Power Fee-Less Cryptocurrency Trading
According to a Bloomberg report published May 29, 2019, popular fintech company Robinhood Markets Inc. has turned to Chicago-based trading firm Jump Trading LLC. to help it buy, sell, and store cryptocurrencies like bitcoin (BTC), ether (ETH), and others. дальше »
2019-5-31 23:00 | |
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Cryptopia Turns to a U.S. Court for Account Holder Data Protection
In the latest development over its security breach, cryptocurrency exchange Cryptopia has filed for bankruptcy protection in the U. S. The New Zealand-based exchange, which has been dealing with the fallout of a January 2019 hack, went into liquidation and stopped all trading earlier this month. дальше »
2019-5-28 17:47 | |
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Alibaba May Pursue $20B Hong Kong Listing amid Trade Tension: Report
By CCN: As U. S. -China trade war tensions escalate, Alibaba Group is toying around with the idea of raising $20 billion via a Hong Kong listing, Bloomberg reports citing unnamed sources due to the privacy of the matter. дальше »
2019-5-28 03:30 | |
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Robinhood Crypto Trading App Looks to Secure $200 Million In Funds Per Bloomberg Report
Robinhood, the crypto and stock trading app popular among Millennials, is ready to raise $200 million in a funding round. This is according to a recent report released by Bloomberg. The report says that a source familiar with the matter explained some of the details of this new funding round. Robinhood App Could Raise $200 […] дальше »
2019-5-26 18:18 | |
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Trading App Robinhood Set to Raise at Least $200 Million: Report
A new funding round, worth at least $200 million, is set to be raised by trading app Robinhood, Bloomberg reports
дальше »2019-5-26 01:00 | |
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Robinhood Attracts $200 Million as Valuation Swells to $7 Billion: Report
By CCN: Who says millennials don’t like to save and invest their money? By building a commission-free stock brokerage and trading app with a slick interface, Robinhood has built a $7 billion business in just six years. дальше »
2019-5-25 05:00 | |
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FINRA Approves Grayscale Ethereum Trust for Retail Investors
According to a Bloomberg report published May 23, 2019, digital currency investment company Grayscale Investments LLC is poised to open its Etheruem Trust to retail investors after receiving approval from the Financial Industry Regulatory Authority (FINRA). дальше »
2019-5-24 23:50 | |
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Investors in the company that created EOS will see 65x returns in stock buyback
Cryptocurrency startup Block. one made history by returning more than 6,567 percent returns to its earliest investors in less than three years. According to a report from Bloomberg, the ROI translates into $6. дальше »
2019-5-23 08:15 | |
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EOS to Return over 6,500% to Early Investors in Biggest Buyback Yet: Report
Block. one, the company behind EOS cryptocurrency, is set to return as much as 6,567% to some of its early investors in a buyback project. According to a report by Bloomberg, EOS will defy the market and reward those who believed in it during its early days. дальше »
2019-5-22 18:10 | |
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TikTok’s owner is reportedly launching a music streaming app in July
Yesterday, Chinese company ByteDance – which owns TikTok, Helo, and Vigo Video – launched a chat app called Flipchat. Now, a new report from Bloomberg suggests its reportedly launching a music streaming app this year. дальше »
2019-5-21 16:45 | |
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JPMorgan: Bitcoin Set for Another Boom and Bust Cycle
A recent study by JP Morgan reveals that bitcoin’s recent price pump has caused the coin to surpass its intrinsic value. Per a report on Bloomberg, March 20, 2019, the strategists, however, warn that the BTC price surge echoes 2017’s bull rally which saw the market crash afterward. дальше »
2019-5-21 16:00 | |
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Sony blindsides PS5 team with news of Microsoft partnership
The team-up announced last week between gaming’s eternal blood rivals, Microsoft and Sony, came as a surprise to many — including, apparently, Sony’s PlayStation team. Other industry whispers suggest that Nintendo might also be considering a team-up with Microsoft. дальше »
2019-5-21 23:39 | |
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Bitcoin’s Rise in Price is Currently Beyond Fair Value – JPMorgan
Some strategists which include the global market strategist at JPMorgan, Nikolaos Panigirtzoglou, think Bitcoin sudden rapid rise in price is not right. According to a report of the analysis by Bloomberg, there are signs Bitcoin price is following the same trends as in 2017, which will likely lead to a collapse. дальше »
2019-5-21 22:08 | |
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Cornell Computer Science Professor Looks to Launch a Crypto Token
According to a Bloomberg report published May 16, 2019, a computer science professor from Cornell University, Emin Gun Sirer, is set to launch a cryptocurrency and blockchain network with financial backing from some of the most prominent VC firms in the tech industry. дальше »
2019-5-18 13:00 | |
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Report: Mass Withdrawals from Exchanges Could be Behind Bitcoin’s Price Rally
Citing data from blockchain research firm TokenAnalyst, Bloomberg reported on May 15, 2019, that the current boom in the price of bitcoin (BTC) might just be the consequence of investors withdrawing their holdings from large exchanges due to renewed ambiguity surrounding their financial health. дальше »
2019-5-17 20:00 | |
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Malta: Crypto-Friendly Founders Bank Hires Ex Deutsche Executive as New CEO
Founders Bank, a Malta-based blockchain-friendly financial institution has hired Kenan Altunis, former Deutsche Bank chief executive officer, to function as its CEO, according to a Bloomberg report on May 9, 2019. дальше »
2019-5-12 09:30 | |
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Facebook’s Secret Cryptocurrency Led by PayPal Alumni Just ‘Months Away’ from India Launch
By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players. дальше »
2019-5-9 12:49 | |
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Apple’s iOS 13 slated to focus on replacing other companies’ apps
Apple’s developer conference WWDC now less than a month away, and Bloomberg’s latest report spills beans on what to expect from the event. The company will reportedly bring a ton of changes with iOS 13, watchOS 6, and MacOS 10. дальше »
2019-5-6 18:45 | |
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$7 Trillion Asset Giant Fidelity to Launch Crypto Trading ‘Within Weeks’: Report
Wall Street has arrived in the cryptocurrency arena. Fidelity Investments, one of the biggest asset managers on the planet, will launch a crypto trading service “within weeks” according to a Bloomberg report. дальше »
2019-5-6 13:30 | |
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Filings Reveal that Only 74 Percent of USDT Is Backed by Short-Term Liquid Funds
According to a Bloomberg report published April 30, 2019, only 74 percent of Tether’s USDT stablecoin is backed by fiat and other short-term liquid assets. The Trouble Runs Deep In an affidavit filed with the Supreme Court of State of New York on April 30, 2019, Tether’s general counsel Stuart Hoegner stated that the companyRead MoreRead More. дальше »
2019-5-2 11:48 | |
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