Tag: investing

After Intercontinental Exchange (ICE) announced its intent to build a cryptocurrency trading platform, industry observers ascertained a shift from the financial industry’s mistrust of the volatile digital asset to widespread institutional adoption. Cryptocurrencies to Become “Alternative-Investments” In an interview with ASU Now, Dragan Boscovic, Director of Arizona State University’s Blockchain Research Lab, revealed the cryptocurrency industry’s steady foray into the…

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Protos Asset Management, a leading data-driven cryptocurrency asset management company, recently developed analysis ratios streamline the valuations of cryptocurrencies. Using Data to Determine Investing Strategies The company is excited about the advancements made in its valuation models for cryptocurrencies and released a Medium post on April 19, 2018, to discuss and introduce its new crypto-economic ratios which are said to…

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On June 11, 2018, investors converged, many for the first time, on the Metropolitan Pavilion in New York City for the BCI Summit to get a better idea of how to enter the cryptocurrency space. The intrigue of an explicitly finance-focused conference should also be another example of the mainstream interest in the emerging asset class. Despite the financial features…

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Announcements of a cryptocurrency investigation or taxation are usually met with backlash from the cryptocurrency community. While crowd psychology is difficult to predict, the government of Poland has a simple appeal for those jumping on the hysteric bandwagon- don’t panic. No Reason for Panic According to a report on Finance Magnates, both mainstream and local media in Poland have propagated…

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Pithia has announced it filed a Schedule 13D with the United States Securities and Exchange Commission (SEC). The filing was made after it acquired a stake in the publicly traded company DigitalTown. It is the first Schedule 13D filing ever where an investor has paid in cryptocurrency instead of fiat currency. Pithia Invests in DigitalTown On May 15, 2018, Pithia…

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Amidst the clamor of bitcoin trading on Wall Street and firms scratching their heads trying to figure out how to incorporate the burgeoning cryptocurrency sector into their strategies, another company is secretly leading the way. Quietly Investing in Bitcoins As per a report in The New York Times, the Philadelphia-based Susquehanna International Group (SIG) is quietly investing in the digital…

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“Operation Cryptosweep” is a joint probe by American and Canadian Securities regulators aimed at tackling fraudulent Initial Coin Offerings (ICOs) has scored a major takedown. On June 4, 2018, the Vermont Department of Financial Regulation (DFR) issued a cease and desist order to the cryptocurrency startup LevelNet based in Irving, California for violating several clauses in the Vermont Uniform Securities…

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Despite the ever-plunging prices of cryptocurrencies since their mammoth rise in December 2017, Pantera Capital’s Dan Morehead maintains a favorable view, and believes that bitcoin should be bought “while still cheap.” Actual Belief or Selfish Benefits? While the San Francisco-based investment firm deals only in cryptocurrencies, Morehead lent insight into his long-term price targets of bitcoin on CNBC: “All cryptocurrencies…

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Chinese authorities have taken a proactive approach in cracking down the OneCoin pyramid scheme, which has caused havoc since 2016. Nearly 100 people were arrested on May 29, 2018. OneCoin Pyramid Scheme and Crackdown In China, OneCoin followed the moniker Weika Coin and offered investors an opportunity to buy OneCoin in a bid to progress through 140 different membership levels….

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Cryptocurrency is becoming a mainstream technology. The rising popularity of cryptocurrencies throughout 2017 has got this new industry on a rush as prices went through the roof while thousands and thousands of new users started joining the ecosystem. On the other hand, bitcoin’s popularity propelled other cryptocurrencies such as Ethereum’s ether (ETH), litecoin (LTC), ripple (XRP), dash, (DASH) and several…

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