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…
The Ripple website has just undergone some shocking changes, and they haven’t gone unnoticed by the cryptocurrency community. Before, Ripple had three payment platforms it was promoting, but now there’s a new Ripple website that’s all about the RippleNet product. The New Ripple Website When you log onto the Ripple website, the first thing you’ll…
We’ve all heard the saying that “ignorance is bliss” at some point in our lives, but this term most certainly does not apply to the financial world. In the financial sphere, ignorance is risk, not bliss. It’s for this very reason that traditional financial markets are regulated. The US markets are more than happy to…
Bitcoin Looks Poised to Dethrone Gold Globally It may seem absurd to compare Bitcoin and gold, but the truth is that there are several common talking points between them. Bitcoin is the most famous cryptocurrency on the market today with an outlook. In fact, many individuals tend to believe that Bitcoin can become the gold…
