CRYPTOMARKET
  • Crypto Gold Rush Comes to a Small Town in Washington

    According to entrepreneur David Carlson, the future of money is in cryptocurrency. Although plenty of people see no value in Bitcoin or any of the other cryptocurrencies that are vying to replace traditional money, Carlson is turning the rural community of Wenatchee, Washington, a small town known for its apple orchards, into a cryptocurrency mining […]
  • New CNBC Documentary Explores the Cultism of Bitcoin

    To outsiders, Bitcoin is a weird and wacky cult. Its devotees adhere to their own acronym-filled jargon, and have monetary theories that would make an economist blanch. Some of the movement’s more maverick characters are to be profiled in a CNBC documentary premiering this Monday. “Bitcoin: Boom or Bust” looks to be crass and compelling […]
  • As Venezuela’s Economic Chaos Continues, Dash Sees An Opening

    The recent changes to Venezuela’s currency have yet to stop the nation’s economic free fall, leading many Venezuelans to resort to cryptocurrency. But not the one the government issued. On Monday, Venezuela rolled out its new currency, the sovereign bolivar, which lopped five zeros off their previous currency. This new currency has been pegged to […]
  • Iran: State-Backed Crypto Draft is Ready, Central Bank to Soon Announce Stance on Crypto

    Iran’s National Cyberspace Center has revealed that the draft of the state-backed cryptocurrency project is ready, local news outlet Financial Tribune reports August 25. According to the article, the national digital currency project was developed on instructions from President of Iran Hassan Rouhani. Saeed Mahdiyoun, the deputy director in charge of drafting regulations for Iran’s […]
  • REDDIT CO-FOUNDER IS OPTIMISTIC DESPITE BITCOIN VOLATILITY

    Despite the volatility of Bitcoin, Reddit co-founder Alex Ohanian remains an optimistic champion of crypto. Ohanian gave his insights in a recent interview. Yahoo Finance contributor JP Mangalindan gained exclusive to Reddit co-founder Alex Ohanian. Mangalindan sat down with Ohanian to discuss his fascination with cryptocurrencies like Bitcoin $6756.47 +0.15%. CRYPTO GETS AN UPVOTE Ohanian […]
  • Could Bitcoin Replace Credit Cards?

    Growing competition in the retail sector – and the possibility that the digital currency could help merchants lower transaction fees that cut into profit margins – could induce them to replace credit cards with bitcoin. “From a merchant perspective, Bitcoin has the advantage of not having large fees from credit card companies that cut into […]
  • Could New Crypto Startup Bakkt Be the Key to Bitcoin ETF Approval?

    Bakkt is a startup that aims to onboard customers to the world of crypto. A new report suggests that Bakkt, which is owned by the New York Stock Exchange, could help lead to the approval of the world’s first bitcoin ETF. That report comes from CCN.com: “The SEC has disapproved 10 Bitcoin exchange-traded funds (ETFs) […]
  • Jamaican Stock Exchange To Allow Crypto Trading

    The move could signal a desire not to be left behind as other Caribbean countries embrace blockchain tech. The Jamaican Stock Exchange (JSE) has partnered with Toronto-based FinTechcompany Blockstation to allow digital asset trading, according to an August 14 press release. Blockstation’s electronic communication network and order management system is intended to allow investors to […]
  • Blockchain Gets Fruity: (Aspiring) FinTech Group Pursues Juicy Tech

    A company recently unveiled its new fruit product, but it also engages in financial technology development. Is it normal to have a FinTech-fruit juice hybrid as a business model? According to a Wednesday announcement, Future FinTech Group Inc. has released a line of fruit-based enzyme drinks under its Chinese Hedetang food brand. Called Xian Mei […]
  • If Bitcoin is Rat Poison, the Banks Are the Rats: Pantera Capital CEO

    Pantera Capital officials continue to maintain an upbeat outlook for cryptocurrency amidst the current market downturn. In an ICO and digital asset funds conference call Tuesday, CEO and chief investment officer Dan Morehead said blockchains are the next step in the evolution of equity, while cryptocurrency is a superior form of currency. He called bitcoin […]
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