BlackRock exploring crypto: The CEO of the world’s largest exchange-traded fund (ETF) provider, BlackRock, just announced that his company has assembled a group to look into cryptocurrencies, such as Bitcoin (BTC). BlackRock Exploring Crypto Larry Fink told Reuters that he does not see “massive investor demand” currently, but his company will continue to look into…
The King has left the hedge fund building. Now, Steven Cohen, otherwise known as the ‘Hedge Fund King’, has entered the world of cryptocurrency. Yes, the headlines are true: Steven Cohen invests in a crypto hedge fund. Steven Cohen Invests in Crypto Hedge Fund Cohen, a Billionaire investor, is still technically involved in the hedge fund…
You gotta love the believers. TenX’s co-founder Julian Hosp is definitely bullish about market leader BTC with his prediction for the second half of 2018. At the RISE tech conference in Hong Kong the crypto wallet and card start-up founder said to CNBC: “I predicted for 2018, we’re going to see $5,000 and $60,000. So…
Joseph Stiglitz: Not everyone is a fan of Bitcoin. Despite proclamations from supporters about its revolutionary technology and the “freedom” it offers its users, many are still not convinced. If you’re Bitcoin, it must not bode well for you to have a major critic in the form of Nobel-winning economist and Columbia Professor Joseph Stiglitz.…
Binance Donates to Japan Disaster Relief: Japan is prone to natural disasters. Located along the world’s most active earthquake belt, the country’s seen everything from earthquakes to mudslides. The latest Japanese natural disaster occurred this weekend. On the night of July 7, a 6.0 earthquake hit Japan. No tsunami warning was issued, but the aftermath of the latest Japan earthquake…
Crypto Second Half of 2018: Investors were not pleased with the first half of 2018. While some focused on the S&P 500 (it’s up 1% YTD, instead of the usual 3.5%), others focused on cryptocurrencies. In particular, investors watched Bitcoin, which notched up a 16- fold increase in 2017, only to drop by 55% between the…
Crypto Second Half of 2018: Investors were not pleased with the first half of 2018. While some focused on the S&P 500 (it’s up 1% YTD, instead of the usual 3.5%), others focused on cryptocurrencies. In particular, investors watched Bitcoin, which notched up a 16- fold increase in 2017, only to drop by 55% between the…
Crypto Second Half of 2018: Investors were not pleased with the first half of 2018. While some focused on the S&P 500 (it’s up 1% YTD, instead of the usual 3.5%), others focused on cryptocurrencies. In particular, investors watched Bitcoin, which notched up a 16- fold increase in 2017, only to drop by 55% between the…
Crypto Second Half of 2018: Investors were not pleased with the first half of 2018. While some focused on the S&P 500 (it’s up 1% YTD, instead of the usual 3.5%), others focused on cryptocurrencies. In particular, investors watched Bitcoin, which notched up a 16- fold increase in 2017, only to drop by 55% between the…
Crypto Second Half of 2018: Investors were not pleased with the first half of 2018. While some focused on the S&P 500 (it’s up 1% YTD, instead of the usual 3.5%), others focused on cryptocurrencies. In particular, investors watched Bitcoin, which notched up a 16- fold increase in 2017, only to drop by 55% between the…
