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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


Op-Ed: Justin Sun the Scam Artist or Tron Knight?

Justin sun’s Tron has been making a killing the past 2 months being up over 100% with the recent news and hype, but is Justin Sun really all that or just a scam artist? Reports have emerged over the past month that the Tron Founder has dumped some of his own tokens in the recent […] The post Op-Ed: Justin Sun the Scam Artist or Tron Knight? appeared first on ZyCrypto. дальше »

2019-2-4 22:22


New Report Outlines Tron’s (TRX) Plan of Action For Combatting Market Volatility

Even though the crypto market at large has been faced with bearish conditions for pretty much the entirety of the last 13 months, it is worth acknowledging that a whole host of established crypto projects have continued to release updates and patches in relation to the objectives laid out in their respective roadmaps. In this […] дальше »

2019-2-4 20:09


‘Stay the Course’: Billionaire Bitcoin Bull Mike Novogratz Has Advice for the Bitter Crypto Winter

Mike Novogratz — the CEO of cryptocurrency merchant bank Galaxy Digital — admits that the Crypto Winter will probably last longer than he had anticipated. However, the Goldman Sachs alum still believes that institutional investors will eventually enter the market, and remains an avowed bitcoin bull. дальше »

2019-2-4 18:50


Despite Market Struggles, Crypto-Concierge Service The White Company Reels in $250 Million in Sales

While the price of Bitcoin has dropped from a whopping $20k to around $3.4k in less than 13 months, it is worth reporting that over the course of 2018 a crypto-concierge service called ‘The White Company’ has been able to draw in more than $250 million through sales alone. However, with all of the stringent […] дальше »

2019-2-3 22:38


Elite Bitcoin Investor Mike Novogratz: “It Will be a While Before Crypto Starts Rising Again”

Perennial crypto bull and former Goldman Sachs partner Mike Novogratz recently took to Twitter to rant about how the crypto market is currently in a bad state and how it would take at least “a few more months” for this sector to recover and return to its past performance levels. Realizing having tweeted about crypto […] дальше »

2019-2-2 21:11


Stablecoin PAX Garners $10 Billion in Transactional Volume to remain at the Top of Trading Charts

In September 2018, a New York blockchain startup, Paxos Trust Company successfully launched the PAX token. The token has a complete 1:1 surety with the U.S. dollar; as such it offers a liquid digital option to cash and is available round the clock for immediate transactions and redemptions. Four months since its launch, PAX has […] дальше »

2019-2-2 01:25


TD Ameritrade Says Investors’ Interest in Crypto Futures Spiked When Bitcoin Dropped Under $4,000

Back in December, Shawn Cruz, TD Ameritrade Manager of Trading Strategy, said that TD Ameritrade clients have regained interest in Bitcoin (BTC) after it fell under $4,000 a few months ago. During this conversation, she said that the whole space is currently in its infancy and that it makes sense to see a lot of […] дальше »

2019-1-31 09:12


General Counsel Position at Ripple Finally Filled by Stuart Alderoty from CIT Group

After months of leaving the position open, Ripple has finally found someone to work as their general counsel – Stuart Alderoty. Alderoty previously worked at top-50 bank CIT Group, where he worked in various positions, including executive vice president, general counsel, and corporate secretary since 2016. Now, with Ripple, he will be overseeing the legal […] дальше »

2019-1-31 08:57


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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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Devs say real blockchain use is coming, but many feel it’s overhyped

We’re likely to see a real-world application of blockchain technology over the next two years – if recent research is to be believed. More than 23 percent of developers out of the 71,281 who contributed to HackerRank’s 2019 Developer Skills report said the”real-world” application of the technology over the next 24 months was very realistic. дальше »

2019-1-31 20:55


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Bitcoin Price Analysis: Straight Six For the Bears

As Bitcoin heads into the first monthly close of 2019, we take a look at the price action over the last month and what might lie ahead for the number one crypto asset. Monthly Chart The monthly chart paints a painful last six months for Bitcoin price , with six consecutive monthly red candles surpassing that of each of the previous bear market cycles. дальше »

2019-1-30 18:00