Though Bitcoin once again diverts away from its December 2017 highs, interest in the cryptocurrency by large-scale investors still continues to grow. Coindesk’s annual conference in Manhattan showed that, despite recent dips, major figures in the industry were as keen as ever to increase their exposure to digital assets. As reported by CCN, opinions sometimes…
Details
A recent panel at CoinDesk’s Consensus 2018 conference in New York saw key U.S. regulatory figures discuss the ideal way of approaching digital assets. The panel featured notable lawmakers such as CFTC enforcement director James McDonald, SEC Enforcement Division Cyber Unit chief Robert Cohen, as well as associate deputy attorney general Sujit Raman. Also in…
Details
The New York Stock Exchange could be the latest institutional giant to adopt Bitcoin by introducing a specialized trading platform. A report by The New York Times states that Intercontinental Exchange, the NYSE’s parent company, has already begun implementing a Bitcoin-oriented platform aimed primarily at larger investors. Although details remain scarce, the trading desk would…
Details
Although Bitcoin has been in circulation for nearly a decade, many still struggle to define it within a financial context. Some view it as an alternative to fiat currencies due to its simplification of transactions, while others treat it as a commodity that’s meant to be traded in the short-term. The view of Bitcoin as…
Details
Few assets in history have experienced a ride comparable to Bitcoin’s over the past year. Having stayed under $1,000 for several years, Bitcoin shot up to nearly $20,000 towards the end of 2017. 2018 has so far seen a consolidation in the market, with the cryptocurrency currently around $9,000 after some ups and downs. While…
Details
With more and more companies showing an interest in using blockchain technology to improve their bottom line, Samsung appears to be the first multinational to commit to such an overhaul. And while many businesses feel they have a niche that blockchain can upgrade, Samsung’s application would potentially involve a complete redesign of its shipment tracking…
Details
One of America’s wealthiest families is the latest big name to enter the crypto space. The Rockefellers’ venture-capital firm Venrock recently teamed up with CoinFund, a group of cryptocurrency investors with a focus on financing blockchain-based businesses. In his interview with Fortune, Venrock partner David Pakman spoke about what the joint effort means to both…
Details
Electronics developer Sirin Labs is partnering with major Chinese manufacturer Foxconn to deliver a Blockchain-based smartphone called “Finney”. Foxconn subsidiary FIH Mobile will be tasked with mass-producing the latest crypto invention by the Swiss startup. As Sirin Labs CEO Moshe Hogeg explained, the phone’s primary purpose will be to bridge the gap between cryptocurrencies and…
Details
Very few assets are immune to selloffs in times of panic and uncertainty, and cryptocurrency owners can sometimes feel tempted to cash in on their gains. Yet according to one notable analyst, Bitcoin investors stand to lose the most if they allow sentiment to dictate their strategy. Talking to CNBC, former J.P. Morgan Chase chief…
Details
This article is about the 2018 G20 Summit. For information about potential cryptocurrency regulations discussed at the 2023 G20 Summit in India, click here. This week’s G20 summit in Argentina has been an important date on the crypto industry’s calendar for months. As far back as December 2017, finance officials and politicians hinted that they…
Details
