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Financial bigwigs are still shitting on Bitcoin

For years, financial bigwigs have criticized cryptocurrencies such as Bitcoin, while often lauding its underlying blockchain technology. At times, their negative comments about cryptocurrency have been followed by their institution’s active interest in decentralized ledger technology – with some going as far as filing cryptocurrency-related patents and launching blockchain-based pilots. дальше »

2019-2-27 12:11


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Lightning Network: Cool Enough for Twitter Jack and Fidelity But Not Iran

On Feb. 22, bitcoiners rejoiced when the financial banking giant Fidelity was handed the ‘Lightning torch’ as the Lightning Network’s social experiment was passed on to its latest bearer. Then, two days later, the new Lightning torch holder made the decision to exclude passing it on to a cryptocurrency executive from Iran because of U. дальше »

2019-2-26 21:20


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


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Litecoin Massively Outperformed Bitcoin Since November Sell-Off By 4x

Investors who purchased Litecoin during the significant November 2018 sell-off earned four times more returns than the investors who bought Bitcoin, highlighted Joe McCann. The financial expert, who serves as the head of systematic trading at crypto asset management firm, Passport Capital, calculated the returns made by the “silver cryptocurrency” from its three-month low to. дальше »

2019-2-19 17:00


Morgan Stanley to Spend $900 Million in Biggest Acquisition Since 2008 Crisis; Will the Trump Admin Approve?

Morgan Stanley is shelling out $0. 9 billion to acquire stock-plan firm Solium Capital. The acquisition of the firm that mainly specializes in offering Software-as-a-Service for managing employee share plans, ‘financial reporting and compliance’ is expected to bolster Morgan Stanley’s wealth management business. дальше »

2019-2-15 13:32


Tom Lee’s Fundstrat Bitcoin Price Prediction Machine Revs Up Again: Improvements Will Increase Value

Fundstrat Global Advisors is a research company in New York, and they publish a report yearly regarding the financial state of the economy, with a particular interest in cryptocurrency. Based on the new report that is presently available, there are multiple improvements that the company believes that can be made in the crypto industry to […] дальше »

2019-2-11 04:31


Iranian Banks Support New PayMon Cryptocurrency Backed By Gold and Kuknos Blockchain Startup

Four banks based in Iran have united to create a cryptocurrency backed by gold which will be called PayMon. According to the original reports, which were made by the Financial Tribune, the asset was created via a partnership of the Bank Pasargad, Bank Mellat, Parsian Bank and the Bank Melli Iran. This new crypto will […] дальше »

2019-2-6 00:24


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Iran releases gold-backed cryptocurrency

Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »

2019-2-8 17:22


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Fidelity’s Bitcoin Custody Service Could Launch This March

Fidelity Investments, one of the world’s largest asset managers, is breaking into bitcoin custody. According to a recent report from Bloomberg, three people “with knowledge on the matter” from firms in contact with Fidelity have said that the company is tentatively planning to launch a custody service for bitcoin in March. дальше »

2019-1-31 23:39


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JP Morgan: Crypto Value Unproven, Bitcoin (BTC) Could Fall as Low as $1,260 in Near Future

JP Morgan has doubled down on their criticism of Bitcoin (BTC) and Crypto in general in a recent report analyzing the nascent markets. Within this report, analysts at the financial institution made multiple claims regarding the markets, notably saying that Bitcoin may only be a good hedge in a “dystopian scenario. дальше »

2019-1-26 03:00


Russian Gov’t Official Claims ‘CryptoRuble’ Coming Within 2 To 3 Years

Cryptoruble Coming Soon According to a Russian Official, a cryptocurrency version of the Russian Ruble will be coming in the next 2 to 3 years. The Discussion This came during an interview on local news show RIO Novositi where Anatoly Aksakov, chairman of the financial markets committee at Russia’s state parliament the Duma, made the […] дальше »

2019-1-16 23:07


BitMEX Shuts Down US and Quebec Traders Accounts After Canadian AMF Sends Letter

It looks like the future of BitMEX in North America is bleak. The Block Crypto has recently reported that BitMEX, which is a trading platform that was created to facilitate futures trading with cryptos (mostly Bitcoin) has been on the target of financial regulators from Canada. This has made the company close the accounts in  […] дальше »

2019-1-15 19:25


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Russia: Cryptoruble Coming ‘Within 2-3 Years,’ Gov’t Official Says

Russia could introduce the Blockchain-based alternative to its fiat currency, the ‘Cryptoruble’, within “two to three years,” a senior politician has said. Aksakov: Cryptoruble ‘Will Not Differ’ From Fiat Ruble Anatoly Aksakov, chairman of the financial markets committee at Russia’s state parliament the Duma, made the forecast speaking to local news outlet RIA Novosti. дальше »

2019-1-15 16:00