On 28th November, 2017, the founder of TechCrunch, Michael Arrington announced that he will be launching a $100 XRP crypto fund, reported Ripple. The new fund is called Arrington XRP Capital and is reportedly one of the largest crypto hedge funds in the world, initially starting with $100 million capital and then investing in crypto…
Read more
Mike Novogratz, the current CEO of Galaxy Investment Partners and the former macro hedge fund manager at Fortress Investment Group, is predicting a $2 trillion market capitalization of cryptocurrencies by 2018. After he expressed his opinion on Bitcoin hitting $20,000 by December 2018, he is now defending the idea of cryptocurrencies increasing their market cap to…
Read more
In September, 2017, The Merkle reported that a new type of Bitcoin may be on its way, the so-called AML Bitcoin. AML reportedly stands for Anti-Money Laundering. While there are many worries around the decentralization of Bitcoin, AML is a sort of the centralized version of the cryptocurrency. The NAC Foundation was going to be…
Read more
Bitcoin is breaking all-time highs almost every week now, and the new future may see bitcoin at $10,000, some say even by the end of this week. The factors underlying this jump in price may be several. As bitcoin is still considered a "bubble", with every "re-branding" of the currency, and each upcoming split, the…
Read more
All investors have been waiting for Ethereum to break the $400 level. As the cryptocurrency was gathering momentum this week, as could be seen in the graph below, the new all-time high signals confidence in the Ethereum community and a very important threshold to be reached. With a market capitalization of around $40 billion, ethereum…
Read more
As with other countries going against bitcoin and the constant fluctuation in opinion from whether it is a valuable or fraudulent asset, Morocco is the next country to be questionable about the nature of bitcoin. Thus, the currency regulator in the country banned transactions involving bitcoin and other cryptocurrencies, as there are serious concerns over…
Read more
TOBAM, a French asset management company, announced today that it is now launching TOBAM Bitcoin Fund. This type of financial intermediary related to bitcoin is the first European one. The expertise and top-notch research and the available IT systems of the company make it even more exciting as news about bitcoin's future. All institutional investors…
Read more
After Jamie Dimon, the CEO of JPMorgan, slammed bitcoin as a "fraud", JPMorgan is now reportedly heading to bitcoin futures, once CME launches the product in early December, 2017, according to CNBC. A report from Wall Street Journal reads: "J.P. Morgan is considering whether to provide its clients access to CME's new bitcoin product through…
Read more
Bitcoin's price is skyrocketing again, trading in all exchanges for above $8,000, even hitting $8,200 on November, 20th, 2017. Just last week, the cryptocurrency was trading at around $5,600 level, after the community seemed divided over Bitcoin Gold and the fork that Bitcoin was about to go through. The new all-time high was set after…
Read more
Coinbase, the digital online platform for trading cryptocurrencies, is now charming hedge funds with a new institutional storage service targeted specifically for institutional investors, reported Coindesk. The new storage service will be aimed at investors with a minimum of $10 million in deposits, according to Brian Armstrong, the Co-founder and CEO of Coinbase. The procedure will…
Read more