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Former JPMorgan Executive Says Banks Know Cryptocurrencies Will Change the World

Traditional financial institutions have begun to notice how cryptocurrencies are disrupting their market. Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech […] дальше »

2018-7-22 00:13


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Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman

While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »

2018-7-21 13:00


US Fed Reserve Chair Bashes Crypto’s Money Properties, Says “Not Really a Currency”

Jerome Powell Claims Bitcoin is Not a Real Currency and Has No Intrinsic Value The head of the United States Federal Reserve issued a warning to Congress earlier today regarding cryptocurrencies. Federal Reserve chair Jerome Powell, who took the position in February, said on Capitol Hill that bitcoin and other cryptocurrencies are dangerous to “unsophisticated […] дальше »

2018-7-21 00:41


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Crypto Expert Says Bitcoin Can Rise Over Three-Fold As “Digital Gold”

Gold is one of the most valuable assets in the world, with humans historically holding the rare metal as a valuable asset. But with the rise of the internet and cryptocurrencies, Bitcoin has become a great gold alternative, a “digital gold” if you may, due to its nature as a limited, divisible and store of […] The post Crypto Expert Says Bitcoin Can Rise Over Three-Fold As “Digital Gold” appeared first on Ethereum World News. дальше »

2018-7-21 22:15


Bitcoin investors are gambling on BTC’s value for no social benefit, says Congressman

During the recent financial services committee hearing at the U.S Congress, a Congressman named Brad Sherman suggested a ban regarding the buying and mining of cryptocurrencies by US citizens. He also strongly believes that cryptocurrencies take resources away from various other required areas and are used to facilitate criminal activities. Brad Sherman stated: “Cryptocurrencies offer […] дальше »

2018-7-20 18:28


“There’s no need for cryptocurrencies”, says Billionaire investor

On 18th July, during an interview with CNBC, Kenneth Griffin, an American investor and Hedge Fund Manager said that there is no need for cryptocurrencies. The Founder and CEO of Citadel, one of the largest alternative investment firms around the world said that he has not had a single portfolio manager who has suggested that […] дальше »

2018-7-20 00:52


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Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB

In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB Partners with CPMI to Monitor Cryptocurrencies The purpose of the announcement was to apprise the G20 Finance Ministers and Central Bank Governors of the FSB’s activities concerning the emerging cryptocurrency industry. дальше »

2018-7-17 15:00


Dash Says its aim is to Bridge the Gap of Security that First Generation Cryptocurrencies fail to Recognize

The problem of security for customers in the cryptocurrency space is one that is yet to be fully tackled. While investors are skeptical about the flexibility of the price volume in the cryptocurrency market, security stands as the second major factor that creates FUD for cryptocurrency traders. дальше »

2018-7-15 15:01


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Ethereum’s Joe Lubin, says ‘were moving towards a world of decentralized Governance’.

Leading crypto industry figures weighed in on the major implications of cryptocurrencies for – and beyond – the global economy, at the Rise conference in Hong Kong Wednesday, July 11. The panel’s participants were the Ethereum Foundation’s co-founder Joseph Lubin, CEO of crypto merchant bank Galaxy Digital Mike Novgoratz, Crypto.com CEO Kris Marszalek, Tenx’s Julian дальше »

2018-7-12 21:36


Scalability is the biggest hurdle ahead of cryptocurrency mass adoption, research says

While you’d find plenty of forward-thinking businesses accepting Bitcoin out there, cryptocurrency payments largely remain on the brink of mainstream adoption. But according to new research [PDF] from Imperial College London and social trading platform eToro, we might not be all that far away from that moment. дальше »

2018-7-11 14:25


Bitcoin [BTC] and others are evolutionary to our economy, implies a new study

A new study says that Bitcoin along with its fellow cryptocurrencies is the ‘next step’ towards money and are going to transform the mainstream form of transactions by taking the center stage. The Imperial College of London and eToro, a trading platform had its researchers examine the basic purpose and roles of the traditional currency […] дальше »

2018-7-11 03:35


Regulations Will Be the Death of Bitcoin, Says Nobel Laureate Economist

Speaking with NBC’s Financial News on Monday, Columbia University professor and Nobel Prize-winning economist Joseph Stiglitz spoke disparagingly of Bitcoin and other cryptocurrencies. Among the interview’s biggest highlights are Stiglitz’s comments about the risks of Bitcoin’s anonymity and his assertion that regulatory agencies may possibly “use the hammer” to prevent cryptocurrencies’ further growth. дальше »

2018-7-11 01:10


Global Data’s “Cryptocurrencies – Thematic Research” Report Dogs Bitcoin, Says Over-Hyped Experiment

Global Data recently published a report called “Cryptocurrencies – Thematic Research,” which is presently breaking down the myths that they believe surround the crypto industry. Some of the main themes reference the expensive nature of these exchanges, along with their lack of speed and the few ways that they can be spent. The study goes […] дальше »

2018-7-7 08:02