While news of Bitcoin and all things crypto dominate the financial news headlines, there is also a silent revolution that is overtaking every facet of the business community. No matter where you look, there are new initiatives that are capitalizing on the heavily touted benefits of blockchain technology. Consulting firms have told us that billions…
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Telegram , the encrypted messenger service provider, is launching the Telegram Open Network in late October, 2019. The information comes from an internal company email to investors. This is what the project team posted on Telegram regarding the update to investors: Original investors received emails from the Telegram core team,” and investors will have to…
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More than a decade back, after a few influential techie types discovered “Bitcoin: A Peer to Peer Electronic Cash System”, a new form of payment vehicle rushed to the point-of-sale to revolutionize the stodgy payments industry forever. Such would not be the case due to the volatility of this digital asset, but it did become…
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In some respects, we are back to old times where Bitcoin followers react to every tiny little wobbling that affects their favorite digital asset. The carnage from last week’s battle has been cleared from the battlefield, as investors regain confidence that Bitcoin might actually be on a road back to recovery. A cacophony of critical…
Read moreFinancial institutions may not agree on when the cryptocurrency industry will mature enough and not be a threat to them, but employees may choose to launch their own currencies, nevertheless. The latest currency was created by former employees at JP Morgan, Intel and TrustToken. The cryptocurrency is actually a stablecoin pegged to the USD and…
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The dust is beginning to settle from last week’s demolishment of Bitcoin’s valuation, and the time is now right for respected analysts to speak up on its behalf, since the all-important Bitcoin narrative needs a boost at this time. One analyst, who has never shied away from speaking glowingly about Bitcoin’s prospects, has been Tom…
Read moreWhile the SEC is pondering whether to grant the existence of a Bitcoin ETF, it is not wasting time in charging the cryptocurrency industry, where appropriate. The financial regulator has fined the blockchain company Block.one for unregistered ICO. The fine was $24 million. According to the SEC, the ICO raised billions of dollars in digital…
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“It was the best of times, it was the worst of times.” Unfortunately, the latter phrasing applies to this last quarter for Bitcoin, its first negative quarter of the year and, by far, a shock to crypto enthusiasts across the globe. BTC is hovering about $8,300, a 23% loss for Q3, but on a positive…
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Facebook's ambitious cryptocurrency venture, Libra, has financial regulators around the world on their feet and thinking how a tech company's digital currency rival with national fiat ones, established monetary policies and even national security. All of these concerns and many more have now caused the launch of Libra to get delayed, most likely up until…
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For Bitcoin, that was the week that was, but for analysts and advocates alike, market behavior was, as some people say, not “kosher”. Something just did not smell right. The bottom literally fell out of support for the world’s favorite digital asset, which shed 20% of its market share in a flash on Tuesday and…
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