Crypto users rally round WikiLeaks founder April 16, 2019 In a Crypto-themed twist to the news of the dramatic arrest of WikiLeaks founder Julian Assange at the Ecuadorian embassy in London, cryptocurrency users rallied to donate Bitcoin (BTC) to his organisation. Currently, nearly six BTC, worth about US$30,000, have been donated. This week has seen consolidation across the cryptocurrency markets after what was possibly [...]
Crypto AM shines its Spotlight on Arteïa April 16, 2019 At $63bn and counting, the international art market is certainly not insignificant. Big-brand names such as Sotheby’s and Christie’s host blockbuster sales around the world selling precious works of fine art. In 2017 it’s believed the Crown Prince of Saudi Arabia paid more than $450m for Salvator Mundi, a masterpiece by Leonardo da Vinci. Although [...]
Let’s take the lead on ethical marketing April 16, 2019 When the Initial Coin Offering (ICO) hype hit fever pitch in 2017 projects were selling hopes and dreams as they if they were just around the corner, and this ‘blockchain’ thing was about to change our lives forever. It changed many people’s lives for the better, and made a lot of millionaires – but not [...]
Nouriel Roubini interview (Part II): ‘Most crypto people are totally clueless’ April 11, 2019 When Nouriel Roubini talks, it’s worth a listen. Not known for his optimism, the well-known American economist bears the moniker ‘Dr Doom’. CFA Institute spoke to him about the prospects for global growth (see Part I). In Part II, we focus on cryptocurrencies. CFA Institute: Bitcoin and cryptocurrencies grew out of distrust for central bankers. [...]
Cryptocurrency platform Coinbase launches Visa debit card April 11, 2019 Cryptocurrency platform Coinbase has launched a Visa debit card that allows customers to spend their digital currency in stores and online. When customers use the card, which is only available in the UK, Coinbase will convert the cryptocurrency into pounds, and transaction summaries and receipts will be recorded within a new app, which has also [...]
Crypto AM Industry voices: STOs must avoid ICO path April 10, 2019 Isn’t it about time our Blockchain Crypto community policed itself? It is all too easy for pretenders to enter the arena unchallenged and start to advise naive founders, claiming that they have been in the game for many years. But when you dig deeper their CVs doesn’t support the rhetoric. A danger to themselves and [...]
Wirex market view: Bitcoin Cash is star of show April 10, 2019 Last week saw the Crypto bulls flex their muscles and push Bitcoin (BTC) through a critical resistance level to peak at $5,200 over the weekend. BTC powered through the 200-day moving average (MA) and total Market Cap stands at around $180bn at time of writing. This price surge represented a massive 25 per cent gain. Ethereum [...]
Let’s be clear – Blockchain is not the same as Bitcoin April 10, 2019 Confusion that blockchain is the same thing as bitcoin – often found in boardrooms around the country – is a real problem. Blockchain education is sorely needed at a corporate level in order for large enterprise to understand the business model transformation coming from blockchain – possibly without them even knowing. Let’s get clear on [...]
Crypto A.M. shines its Spotlight on Sumner Group Holdings April 10, 2019 David Sumner is CEO and chairman of Sumner Group Holdings (SGH), a Jersey-based investment company, with offices in Dubai, which acquires, builds and manages businesses across the globe. SGH announced last month its plan to raise a further $80m in addition to the $20m already under intention by Abu Dhabi investors through a security token [...]
Chinese state body floats ban on bitcoin mining April 10, 2019 A Chinese government body has proposed a ban on bitcoin mining. The National Development and Reform Commission (NDRC) said on Monday it was asking for public opinions on a list of industries it wants to encourage, restrict or eliminate. Read more: Bitcoin jumps back above $5,000 after hitting yearly high The list included cryptocurrency mining, [...]