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Tag: speculation

Meet the Institutional Investor Quietly Investing in Bitcoins

Category: Altcoins, Bitcoin, Business, Finance, News

Meet the Institutional Investor Quietly Investing in Bitcoins

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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Billionaire Acquires 10,000 Bitcoins, Says Blockchain Is the Future

Category: Bitcoin, Blockchain, Commentary, Finance, News, Tech

Billionaire Acquires 10,000 Bitcoins, Says Blockchain Is the Future

In an interview on May 3, 2018, Wensheng Cai, a successful domain flipper and entrepreneur, told fellow entrepreneur Wang Feng, the founder of Mars Finance among a handful of other associations, that he has finally acquired 10,000 bitcoins. Achieving a Personal Target Cai is currently worth 1.5 billion dollars according to Forbes. He is also an active angel investor in Chinese…

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Warren Buffet Says “Bitcoin Not An Investment, You’re Just Hoping Next Guy Pays More”

Category: Bitcoin, Blockchain, Business, Commentary, Finance, News, Tech

Warren Buffet Says “Bitcoin Not An Investment, You’re Just Hoping Next Guy Pays More”

Safe to say that the “Oracle of Omaha” is still not a fan of bitcoin: The acclaimed investor and CEO of Berkshire Hathaway has thrown another bomb at the pioneer cryptocurrency. This time, in an interview with Yahoo Finance, the 87-year old dismissed the cryptocurrency’s position as an investment. While criticism of bitcoin and virtual currencies within the mainstream world…

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Hooters Joins Blockchain Mania in Recent Announcement

Category: Blockchain, Business, Commentary, News

Hooters Joins Blockchain Mania in Recent Announcement

Chanticleer Holdings, the owner of several burger brands, including nine restaurants franchised by Hooters, announced on January 2, 2018, that it would be using a form of blockchain-related technology for its rewards program. Rising Stocks and Blockchain Craze Shortly after the press release, the company’s stock prices shot up over 50 percent, presumably due to the increased speculation of the…

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