Subscribe to our newsletter

From the Blog

Analyst: Facebook’s Libra Could Introduce Billions of People to Bitcoin; Will It Help Fuel the Next Rally?

Analyst: Facebook’s Libra Could Introduce Billions of People to Bitcoin; Will It Help Fuel the Next Rally?

Earlier today the world gained insight into Facebook’s highly anticipated cryptocurrency project, dubbed Libra, which is widely expected to help boost the company’s e-commerce initiatives and to attract a significant amount of attention to Bitcoin and the crypto markets. Now, multiple cryptocurrency analysts are viewing Libra as a bullish development for Bitcoin and the aggregated…

Continue Reading

ICO craze birthed 1,000 millionaires but cryptoasset code often failed to include promised investor protections

ICO craze birthed 1,000 millionaires but cryptoasset code often failed to include promised investor protections

The computer code of the majority of cryptoassets that raised the most funds through initial coin offering (ICO) token sales failed to deliver on whitepaper promises to protect investors. That’s the finding of two academics, David Hoffman, a law professor at the University of Pennsylvania and David Wishnick a fellow at the same institution, who…

Continue Reading

Bank of America: Facebook’s Libra Could Act as an Endorsement of Crypto; Here’s What Analysts Think

Bank of America: Facebook’s Libra Could Act as an Endorsement of Crypto; Here’s What Analysts Think

The crypto and finance worlds are both patiently awaiting further news about Facebook’s highly anticipated cryptocurrency project, Libra, which is expected to be officially discussed in detail tomorrow. Prior to this announcement, multiple major analysts at global banks have shared their thoughts on what Libra could mean for both the company itself and for the…

Continue Reading

JP Morgan Analyst Admits Institutions are Behind the Bitcoin Bull Run

JP Morgan Analyst Admits Institutions are Behind the Bitcoin Bull Run

An analyst associated with the US multinational bank JP Morgan Chase has admitted that institutional investors are behind the ongoing bitcoin price boom. Bloomberg quoted Nikolaos Panigirtzoglou saying that the market hugely understated the importance of the listed bitcoin futures contracts, mostly because of the overstating of trading volumes by cryptocurrency exchanges. But after asset management…

Continue Reading

There is something wrong with the server

Facebook
Twitter
Instagram