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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


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »

2018-7-21 23:03


Digital Asset Director Says Bitcoin Is ‘Digital Gold’, Has Huge Investor Upside

Bitcoin has been regaining its strength lately, as it finally has surpassed $7,000 in price. One expert in cryptocurrency has noted that this upside is major for the platform, and will hopefully urge gold investors to take advantage of Bitcoin, due to its reputation as “digital gold” The director of digital asset strategies at VanEck/MVIS, […] дальше »

2018-7-21 19:35


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Big Opportunity for Insurance Industry to Get into Bitcoin, Says Allianz

More and more insurance giants are considering covering cryptocurrency holders and businesses for theft of funds, as Allianz says the industry presents a “big opportunity. ” ‘More Relevant, Important And Prevalent’ Speaking to Bloomberg July 19, spokesman Christian Weishuber forecast rising acceptance and mainstream interest in cryptocurrency meant the insurance sector could make significant inroads in the space. дальше »

2018-7-21 17:00


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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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Does Bitcoin Price Needs To Fall to $5000 Before Bear Market Is Over?

Bitcoin Mercantile Exchange (BitMEX) CEO Arthur Hayes says the Bitcoin price must still drop to $5000 before ending its 2018 bear market. Hayes: ‘I’d like To See Us Test $5000’ In comments which echo other prominent trading figures — such as Tone Vays — Hayes told CNBC yesterday that, despite prices rallying this week, sentiment will fizzle out and Bitcoin will continue falling lower. дальше »

2018-7-21 23:00


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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


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DSMC Crypto Mining Demand says that the Q3 will fall

Semiconductor manufacturing giant TSMC said Thursday that it expects demand for cryptocurrency mining-related products to cool off during the third quarter of this year. In statements, an official from the company quarter cited “strong” demand from cryptocurrency miners, but suggested that TSMC sees this state of affairs changing in the months ahead. She added: “Moving дальше »

2018-7-20 21:37


$230 million worth short positions liquidated in 15 minutes – says BitMEX CEO

On 19th July, during an interview with CNBC, the CEO of BitMEX, Arthur Hayes stated that there was a liquidation of approximately $230 million worth short positions. According to Hayes, the liquidation happened 15 minutes after Bitcoin [BTC]’s price pumped from $6800 to $7250 witnessing approximately $450 rise. He further adds that since BitMex is […] дальше »

2018-7-20 21:25


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


Mati Greenspan Of eToro Says Cardano is the Most Exciting Cryptocurrency Project at The Moment

eToro, one of the largest social investing platforms has recently published a market research report on Cardano, the blockchain powering the cryptocurrency ADA, and the ADA coin itself. The report is a useful insight for investors, especially in light of Cardano’s often complicated scientific and philosophical ethos. дальше »

2018-7-20 18:22


“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