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Creating Intrinsic Value in Cryptocurrencies

nnnnnnnnnThe investment banker Jamie Dimon caused a stir when he declarednrecently that Bitcoin will collapse because it is worth nothing.nBitcoins current market value, he claimed, is driven almost entirely by speculation,nrather than by any real and present intrinsic value that… Continue Reading →

IMF’s Lagarde Ignoring Cryptocurrencies ‘May Not Be Wise’

Cryptocurrencies and their potential for growing use shouldn’t be ignored, according to IMF chief Christine Lagarde.

Two More Bitcoin Futures ETFs Are Up for SEC Approval

A growing number of companies are looking to launch ETFs tied to bitcoin derivatives contracts, public records show.

Former Virtu Trader Plans Decentralized Cryptocurrency Exchange

A former trader at the high frequency trading HFT firm Virtu Financial is launching a decentralized cryptocurrency exchange.

Bull Trap Bitcoin Prices Struggle to Build Momentum Above Moving Average

The price of bitcoin is still holding strong above $4,000, but a failure to move above a key indicator could temper bullish sentiment.

Macquarie Analyst Rejects Jamie Dimon’s Bitcoin ‘Fraud’ Critique

An senior analyst forMacquarie Group has pushed back against some of the criticism against bitcoin coming from Wall Street.

The Head of the SEC Is ‘Concerned’ About ICO Pump-and-Dumps

The chairman of the Securities and Exchange Commission is worried about the risk of pump-and-dump schemes in the ICO space.

Russia Likely to Ban Bitcoin Payments, Deputy Finance Minister Says

Russia’s cryptocurrency bill is expected to be completed by October, according to a senior government official.

Central Banker’s Next Act Helping Merchants Mint Cryptocurrency

A former Russian central banker has spun a blockchain startup out of a traditional payments firm, focusing on helping merchants mint cryptocurrency.

Telecom Giant KDDI Joins Enterprise Ethereum Alliance

Japanese telecom giant KDDI has become the latest major corporation to join the ranks of the Enterprise Ethereum Alliance.

Chilean Banking Regulator Enlists in R3 Blockchain Consortium

The Superintendency of Banks and Financial Institutions of Chile, one of its two banking regulators, is partnering with R3 as a regulatory member.

South Korean Regulator Issues ICO Ban

South Koreas financial regulator has prohibited blockchain token sales today, as well as ordering a halt to cryptocurrency margin trading.

US Bank Regulator Opens Door to National License for Bitcoin Firms

The acting U.S. Comptroller of Currency made remarks at an event yesterday that supported new cryptocurrency licensing and regulation.

Japan Issues Licenses for 11 Bitcoin Exchanges

Japan’s Financial Services Agency has issued operating licenses to 11 bitcoin exchanges, the regulator announced today.

Prime Minister’s Son to Head Barbados Blockchain Startup

Barbados-based payments startup Bitt has hired Rawdon Adams, the son of an ex-prime minister, as its new CEO.

DJ Khaled Is the Latest Celebrity to Promote an ICO

Music producer DJ Khaled has become the latest in a line of celebrities promoting initial coin offerings on social media.nn

Holding Strong Ether Prices Dip to $280 as Korea Bans ICO Use Case

The price of ether stayed mostly in range on Friday despite news one of the industry’s most active markets would outlaw one of its major use cases.

Edward Snowden Zcash Is ‘Most Interesting Bitcoin Alternative’

Noted whistleblower Edward Snowden has said that the privacy oriented cryptocurrency zcash is the most interesting alternative to bitcoin.

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