John Pfeffer, an institutional investor and former executive at McKinsey and Groupe Allium S.A, stated during an interview on CNBC’s Fast Money that the bitcoin price could rise as high up as $700,000 and would increase to at least...
Earlier this week, Bloomberg reported Barclays, the $51 billion banking giant, is planning to launch a cryptocurrency trading desk to allow its clients to invest in the cryptocurrency market. Barclays spokesman Andrew Smith said that the bank is monitoring developments...
Earlier this week, New York state attorney general Eric Schneiderman announced that he is launching an investigation into 13 cryptocurrency exchanges. “Bitcoin, ether, and other virtual currencies are on the rise in NY and across the country. We need...
A wave of banks and major financial institutions have condemned bitcoin in 2017, as the bitcoin price reached its peak at $19,000. When the price of bitcoin fell from that high point to $6,000, the majority of self-proclaimed economists...
Earlier this week, the Reserve Bank of India (RBI), the country’s central bank, released a controversial statement which demanded banks involved with RBI to terminate connections with cryptocurrency-related businesses and trading platforms. “It has been decided that, with immediate effect,...
Bitcoin has become a lifeline for citizens and residents of Venezuela, due to the hyperinflation of the bolivar that has rendered the country’s national currency worthless. For more than a year, Venezuelans have struggled to obtain food and basic necessities...
Contrary to the statements, studies, and findings of leading financial institutions, the blockchain is not the only technology behind bitcoin. Four Fundamental Technologies For many years, ever since the popularization of the term distributed ledger back in 2015, banks, including...
Bank of Montreal, one of the major financial institutions in Canada, is censoring payments made to cryptocurrency exchanges and businesses. Earlier this week, several digital currency investors and analysts including Francis Pouliot and Pompliano have revealed that Bank of...
Billionaire investor Alan Howard, who has made sizable investments in the cryptocurrency market according to a report released by Bloomberg, will make more investments in cryptocurrencies like bitcoin in 2018, despite the recent correction. “Hedge fund billionaire Alan Howard made...
Three cryptocurrency exchanges in South Korea have been raided and investigated for money laundering allegations and illicitly seizing user funds. South Seoul Prosecutor’s Office and its financial investigation team along with local law enforcement agencies, Financial Services Commission (FSC) and...
- Advertisement -

Recent Posts