- Just 2% of U.S. investors say they currently own bitcoin, and less than 1% plan to buy it in the near future - Binance acquires mobile wallet Trust Wallet - Paul Krugman has expressed skepticism about the future of cryptocurrencies - BlockFi has raised $52.5 million from Galaxy Digital Ventures LLC - Google will remove all cryptocurrency mining apps from its Play Store - … [Read more...] about Crypto news in brief (August 2, 2018): Paul Krugman, Google, Binance, Trust Wallet, Telegram, Bitcoin ETF, BlockFi
SEC rejects Winklevoss bitcoin ETF proposal
The U.S. Securities and Exchange Commission (SEC) has rejected the second attempt by Cameron and Tyler Winklevoss to list the first-ever bitcoin exchange-traded fund (ETF) on a regulated exchange. The ETF’s value would have been tied to bitcoin price on the Winklevoss twins’ Gemini Exchange. … [Read more...] about SEC rejects Winklevoss bitcoin ETF proposal
Crypto news in brief (July 25, 2018): TRON, BitTorrent, Bitcoin futures, CME, Mike Novogratz, Grayscale Investments
- TRON acquires peer-to-peer file sharing service BitTorrent - Bitcoin futures average daily volume at CME in the second quarter of 2018 grew 93% over the last quarter - Mike Novogratz predicts that mass adoption of cryptocurrencies is “five to six years away” - Grayscale Investments revealed that 56% of investment into its funds during the first half of 2018 came from … [Read more...] about Crypto news in brief (July 25, 2018): TRON, BitTorrent, Bitcoin futures, CME, Mike Novogratz, Grayscale Investments
Warren Buffett says buying bitcoin is ’not investing’
The entrepreneur, whose net worth is estimated at $100 billion, says people buying bitcoin hope ‘the next guy will pay more’. … [Read more...] about Warren Buffett says buying bitcoin is ’not investing’
Crypto news in brief (April 27, 2018): Bitcoin, Philippines, BBVA, Binance, IBM
- 17 million bitcoins have now been mined - The Philippine authorities will allow 10 companies to mine bitcoin, conduct ICOs and operate exchanges in a special economic zone - BBVA becomes the first global financial institution to issue loans using blockchain - Binance adds a new feature of converting 'crypto dust' into BNB - IBM introduces TrustChain, a blockchain … [Read more...] about Crypto news in brief (April 27, 2018): Bitcoin, Philippines, BBVA, Binance, IBM
Tom Lee of Fundstrat would choose Bitcoin over Bitcoin Cash
Cryptocurrency investor and Fundstrat Global Advisors co-founder Tom Lee shared his opinion on what cryptocurrency he would put his money in. … [Read more...] about Tom Lee of Fundstrat would choose Bitcoin over Bitcoin Cash
Mining becomes almost unprofitable due to erratic BTC price
Fundstrat Global Advisors, a research company, in its report estimates that profits from mining are now mere 6%. … [Read more...] about Mining becomes almost unprofitable due to erratic BTC price
Tom Lee of Fundstrat estimates more troubles for bitcoin before recovery
Tom Lee, former JP Morgan strategist and current partner at Fundstrat Global Advisors, known for his bullish bitcoin forecasts, sees more pain for cryptocurrency before a recovery, writes Bloomberg. … [Read more...] about Tom Lee of Fundstrat estimates more troubles for bitcoin before recovery