Tom Lee has been a long-time crypto bull and has faced Wall Street head on. Lee is the managing partner and head of research at Fundstrat Global Advisors. Usually, he gives his price predictions on Bitcoin (BTC), but yesterday he predicted the price of Ethereum (ETH). Tom Lee Ethereum (ETH) Prediction “We believe Ethereum is…
Ripple announced its new social impact program, Ripple for Good, that looks to support education and financial inclusion. Ripple’s social impact program is geared toward supporting mission-driven organizations and initiatives. The #InternetofValue is not about disruption, it’s about completion – making globalization better for everyone. Ripple for Good will be a central part of that mission.…
Wirex, a leading cryptocurrency, and traditional currency payment platform has added International Bank Account Numbers (IBANs) to Euro accounts for users in Spain and France in a trial before they are rolled out across the rest of Europe. In response to customer demands, the company has also announced it will be doubling deposit amounts, making…
Bitcoin mining firm Bitmain has just submitted its initial public offering (IPO) with the Stock Exchange in Hong Kong (HKEX). Bitmain is based in Beijing, China. So what’s going on with the Bitmain IPO? Bitmain IPO Bitmain’s long-awaited IPO is still in its draft form and pending further listing hearings from the HKEX. The announcement of…
The blockchain payment company Veem just announced it has closed a $25 million funding round. The company closed its Series B funding round back in 2017. Veem states that Goldman Sachs and Google Ventures led the new funding round. Veem The latest round raised by the blockchain payment company Veem included a slew of new…
Hold onto your hats folks! There is a BCH price rally happening right now! But why!? The coin has rallied almost 30% at the time of writing; according to coinmarketcap.com, BCH is currently up 28.94%. Are we seeing a repeat of what Ripple (XRP) accomplished last week? BCH Price Rally: Is Bitmain the Cause? So…
Blockchain technology is becoming a firm favorite for government economies across the globe. Austria is the latest country to speak of its desire to implement the technology. Austria will use Ethereum’s blockchain, but for what? Well, the European country is looking to raise funds. It will be auctioning $1.3 billion worth of government bonds and will use Ethereum’s…
Bitcoin volatility is one of the most used arguments against the cryptocurrency, but stability in commodity prices is a myth. Thus, assuming that Bitcoin prices are not yet ready for public use because of price volatility is a weak criticism based on a false assumption that price stability is somehow a sign of an accepted,…
The world’s largest exchange by trading volume is changing its stance. Coinbase will begin to list more altcoins as it adopts a more ‘open-door’ process to coin applications. In a matter of weeks, we should see more Coinbase altcoins trading on the exchange. Coinbase Altcoins To date, Coinbase lists just five cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH),…
Big news has just been announced regarding the Google cryptocurrency ad ban. CNBC reported this morning that Google (NASDAQ:GOOGL) is lifting its ban on some cryptocurrency-related advertising and plans to allow regulated cryptocurrency exchanges to buy Google ad space in the US and Japan. This new policy will start October 1st, 2018. Google Cryptocurrency Ad…
