#finance

Investors Shy Away from ICO to Fund Plaza Hotel Purchase

April 10, 2018 by Priyeshu Garg at Altcoins, Business, Finance, ICO/IEO, News, Regulation

It can be argued that Initial Coin Offerings (ICOs) have become popular crowdfunding means not just within the crypto community but in the mainstream world of finance as well. 2017 saw an astronomical increase not only in the number of crypto fundraising platforms but also in the amount of capital...

Bitcoin Has A Future, Says Banker Who Predicted $100,000 BTC

April 9, 2018 by contributor at Bitcoin, Commentary, News

One of Hong Kong’s cryptocurrency entrepreneurs and confessed 'corporate refugee,' Dave Chapman, believes that the digital currency space is here to stay. As a blockchain evangelist, Chapman thinks that all bitcoin (BTC) holders who are skeptical about the digital currency, owing to its erratic price volatility, should step aside and...

Investment Banker leaves Credit Suisse to Advise ICO Startups

April 9, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Finance, News

Credit Suisse Investment banker Brian Wirtz, known for his optimistic perspective on blockchain technology and the cryptocurrency industry, is leaving the company after five years. Wirtz decided to quit Credit Suisse to start a new venture that advises ICO startups. According to CCN, Wirtz was interested and became involved with...

The Mexican Government To Pilot Run A Blockchain System

April 9, 2018 by contributor at Altcoins, Blockchain, Business, Finance, News, Regulation

Mexican government has been steadily working on a project to keep track of bids for public contracts with the aid of blockchain technology, a government official disclosed on Tuesday. Yolanda Martinez, Mexico’s national digital strategy coordinator, disclosed the government’s project “Blockchain HACKMX” at a technology conference in Jalisco. The project...

Rockefeller-backed Venture Firm Venrock to Start Investing in Bitcoin, Altcoins

April 9, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Finance, News

Venrock, the venture capital firm backed by the Rockefeller family, is throwing its weight behind the cryptocurrency and blockchain industry. And this is not mere speculation as one of the firm’s partner has gone on record suggesting that Venrock is keen on riding the crypto wave. In fact, the firm...

Ramencoin: Anime, Noodles, and an Ethereum-based Crypto for Charity

April 9, 2018 by Gil Davis at Altcoins, Ethereum, Finance, News

Since crypto markets have turned bearish, a running joke in the community has been ‘going long on Ramen,’ referring to the fact crypto holders have seen their wealth decrease and are minimizing their expenditure by living off of the cheap and convenient dish. A new Ethereum-based cryptocurrency, Ramencoin, will utilize...

Texas Regulators Crack Down on Cryptocurrency Trading Program and Marijuana Operation

April 9, 2018 by Cindy Huynh at Altcoins, Business, Finance, News, Regulation

The Texas State Securities on April 5, 2018, launched an emergency cease and desist order against Mark J. Moncher who was involved in a cryptocurrency trading program and a marijuana growing operation. The Enforcement Division found sufficient evidence to convict Moncher of running an unregistered cryptocurrency trading program that promised...

Cryptocurrencies Will be Taxed, Says South African Revenue Service

Bitcoin and Cryptos to be Taxed, Says South African Revenue Service

April 9, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Mining, News, Regulation

Based on a statement published by the South African Revenue Service (SARS) on its website, on April 6, 2017, cryptocurrency holders will now need to pay taxes on their holdings. By virtue, South Africa is now one of the countries where the government has issued a definitive ruling on the...

How Bullion is Playing a Role in Attracting Islamic Investors to Cryptocurrencies

April 9, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Finance, News

While the world argues over bitcoin’s legality and blockchain use-cases, another type of conundrum is brewing in Islamic countries - their religion essentially prohibits speculative investments. Yet, Dubai and other cities seem to have found a way around this, such that their citizens can invest in cryptocurrencies keeping in mind...

ICO Review: Gambling Investment Fund Coin (GIFCoin)

April 9, 2018 by Priyeshu Garg at ICO/IEO

In a novel and welcome twist to the average ICO, the online betting portal VitalBet is launching the GIFCoin token. “GIF” stands for Gambling Investment Fund and the token is a fund-raising exercise for a profitable going concern. Operating in the lucrative online gaming arena, VitalBet already has a share...

Bitcoin Exchange Coinbase Approaches SEC for Regulated License

April 9, 2018 by contributor at Bitcoin, Business, Finance, News, Regulation

According to a Wall Street Journal report, U.S. cryptocurrency business Coinbase has approached regulators to get registered as a licensed brokerage. Such a move will allow the exchange to conduct its business in compliance with the Securities and Exchange Commission (SEC), which considers cryptocurrencies to be “securities.” If executed right,...

Week 2: Moonshot (TNC) for the week of February 5, 2018

Moonshot Week 11: OMG!! OmiseGO is the Moonshot!

April 8, 2018 by JaketheCryptoKing at Moonshot

Read the tenth part of our Moonshot series, which focuses on Bread, here. Each week BTCManager and the JaketheCryptoKing are going to explore a new moonshot opportunity. We are in week eleven of this moonshot experiment! Markets just suffered a major correction providing the perfect opportunity for some moonshot shopping...

bitFlyer COO Positive on the Future of Bitcoin in Japan and Across the World

April 8, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Business, Commentary, Finance, News

According to Bartek Ringwelski, COO of bitFlyer, a company that claims to own the world’s largest bitcoin exchange in terms of trading volume, the next few years are critical for the cryptocurrency industry as formal regulation will decide the future course for the coming decades. ‘Defining’ Moment for Crypto In...

Bitfinex Announces Trading of 12 New Ethereum-based Tokens

April 8, 2018 by Priyeshu Garg at Altcoins, Business, Finance, News

Bitcoin exchange Bitfinex has announced new support for an increased range of Ethereum tokens. On April 7, 2018, the company posted details of the new range of tokens that will be enabled by the exchange’s expansion. The exchange has established deposits and withdrawals for all (new) currency pairs traded, and...

Huobi’s Report on Cryptocurrencies Reveals that Investors Remain Optimistic

April 8, 2018 by Cindy Huynh at Altcoins, Bitcoin, Commentary, Finance, News

Huobi Research recently surveyed 1,787 individuals from 23 different nations to gain a better understanding of the perspective of cryptocurrency investors in regards to the short-, mid- and long-term future of the industry. According to the report, despite the recent drop in cryptocurrency prices, 77.9 percent of survey participants remain...

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