‘Sh*tcoin’ Ethereum Price Will Fall Below $100: BitMEX CEO

When Arthur Hayes has an opinion, he doesn’t tend to mince words. The BitMEX CEO and noted pot-stirrer stayed true to form on Tuesday when using a few, err, colorful illustrations, he predicted that the ethereum price is on track to plunge to double-digit price levels. Writing in BitMEX’s “Crypto Trader Digest,” the exchange operator’s

The post ‘Sh*tcoin’ Ethereum Price Will Fall Below $100: BitMEX CEO appeared first on CCN

Tyler Winklevoss: ‘It Will Take Time’ for Wall Street to Make Crypto Jump

Crypto exchange Gemini CEO Tyler believes “it will take time” for the majority of Wall Street to enter the cryptocurrency sector. The Winklevoss brothers also said they won’t be slowing down anytime soon after the Securities and Exchange Commission (SEC) rejected their proposal for a Bitcoin ETF recently, speaking in a Bloomberg interview. It’s been

The post Tyler Winklevoss: ‘It Will Take Time’ for Wall Street to Make Crypto Jump appeared first on CCN

LINE Launches $10 Million Token Venture Fund, Lists TRON on Crypto Exchange

Japan’s largest messaging app LINE has established a new corporate token venture fund with $10 million in capital for startups in the blockchain and crypto industry. With over 600 million registered users and 200 million monthly active users worldwide on its messaging app, Japan’s LINE announced its entry into the cryptocurrency space after filing to

The post LINE Launches $10 Million Token Venture Fund, Lists TRON on Crypto Exchange appeared first on CCN

Bitcoin and Ethereum Rise 6% as Market Rebounds During Dark Skies

Over the past 12 hours, Bitcoin and Ethereum have risen by more than 6 percent in value, but some analysts are still not convinced about the short-term trend of the crypto market. Generally Positive Sentiment The quick recovery of Bitcoin and Ether, the native cryptocurrency of the Ethereum network, has led the general sentiment of

The post Bitcoin and Ethereum Rise 6% as Market Rebounds During Dark Skies appeared first on CCN

South Korea Budgets a Trillion Won for Blockchain Tech in 2019

South Korea’s government has earmarked a 5 trillion won ($4.4 billion) budget toward its ‘Growth through Innovation’ investment program in eight critical sectors with a particular focus on blockchain and AI. In a meeting in Seoul on Monday, South Korea’s finance minister Kim Dong-yeon confirmed plans of a 5 trillion won investment toward its innovation

The post South Korea Budgets a Trillion Won for Blockchain Tech in 2019 appeared first on CCN

Venezuela Looking to Launch a Central Bank for Cryptocurrencies

Venezuela is reportedly looking to lunch a central bank for cryptocurrencies, as the country’s National Constituent Assembly is preparing to reform the Venezuelan Constitution to include it, along with a court above its Supreme Court. According to Reuters, information on the development was provided by Hermann Escarrá, which the outlet describes as “one of the

The post Venezuela Looking to Launch a Central Bank for Cryptocurrencies appeared first on CCN

Goldman Sachs, Wall Street Banks Sink $32 Million into Enterprise Blockchain Startup

We may, as Lightning Labs CEO Elizabeth Stark said earlier this year, be entering a “bitcoin not blockchain” world, but the global banking cabal isn’t ready to capitulate on its support for enterprise blockchain products just yet. Indeed, Axoni, an enterprise blockchain startup founded in 2013, has just concluded a $32 million Series B funding

The post Goldman Sachs, Wall Street Banks Sink $32 Million into Enterprise Blockchain Startup appeared first on CCN

SEC Smacks ICO Fraudster with $30,000 Fine, Lifetime Trading Ban

The U.S. Securities and Exchange Commission (SEC) has issued an officer and director bar, a penny stock bar, and a penalty of $30,000 to a fraudulent ICO founder today. According to the official press release, David T. Laurance was previously found guilty for taking part in deceitful security offerings. Laurance’s LinkedIn profile shows that he is the president

The post SEC Smacks ICO Fraudster with $30,000 Fine, Lifetime Trading Ban appeared first on CCN

CBOE President Cautiously Hopeful on Bitcoin ETF Prospects Despite SEC Action

CBOE Global Markets Inc. could well become the first company to win approval for a bitcoin ETF, but whether that coveted accomplishment materializes remains to be seen. For his part, Chris Concannon, CBOE’s president and CEO, said that he is optimistic that the Securities and Exchange Commission will grant his wish, but he recognizes that

The post CBOE President Cautiously Hopeful on Bitcoin ETF Prospects Despite SEC Action appeared first on CCN

Playboy Sues Cryptocurrency Company for Breach of Contract

Playboy Enterprises, the parent company of Playboy Magazine, is suing cryptocurrency company Global Blockchain Technologies (GBT) on allegations of fraud and breach of contract, according to a report from L.A. Times. The company had announced a partnership with GBT earlier in March, upon revealing that it was developing an online payment wallet with cryptocurrency support

The post Playboy Sues Cryptocurrency Company for Breach of Contract appeared first on CCN