A group of crypto focused bankers have launched Fincross International, a one stop shop investment bank for hedge funds, family offices...
The company plans to shut down all operations in Japan by end of June 2018; overseas Japanese investors who use domestic banks will still have access to trading activities in the local market; cost and resources were the main drivers behind the decision. Source.
All the market drama surrounding plunging cryptocurrency values in 2018 took the focus off of the real progress blockchain technology made...
Galaxy Digital’s Michael Novogratz says the turmoil across the U.S. and the continuing pandemic will push Bitcoin above $10,000; “$BTC...
I have had crypto investments since I first dabbled in bitcoin in 2015. Since then, I have expanded my investments...
The Wall Street Journal is reporting that Founders Fund has amasses hundreds of millions of dollars or bitcoin recently; the fund started with about $10mn to $15mn worth of bitcoin and has since seen that initial investment skyrocket; while many traditional wall street names have yet to buy into bitcoin the move by Mr. Thiel and his fund point to their confidence in the currency; during an interview in October Mr. Thiel was reported to say, “While I’m skeptical of most of them, I do think people are a little bit underestimating bitcoin, specifically, because it is like a reserve form of money.” Source.
Blockchain Week New York, headlined by the Consensus 2018 conference, has wrapped up. There was more blockchain and cryptocurrency hype...
A new partnership between prime dealer and trading system, SFOX, and M.Y. Safra Bank will offer traders deposit accounts backed...
According to Nasdaq CEO Adena Friedman, the company is open to becoming a cryptocurrency exchange; Friedman stated, "I believe that digital currencies will continue to persist it's just a matter of how long it will take for that space to mature. Once you look at it and say, 'do we want to provide a regulated market for this?' Certainly Nasdaq would consider it.”; Friedman was less bullish on the future of ICOs. Source
Fred Wilson is urging investors to diversify their bitcoin assets before the crash comes; while he does not offer a timeframe for when this might occur he does think diversification will protect those who are heavily invested; he is a believer in the crypto markets in general and thinks they add value to a portfolio. Source.