Tag Archives: money

Coinbase Announce Cryptocurrency Custodianship as Institutional Money Floods In

Markets and Prices It’s hard to keep pace with the spate of stories surrounding institutional support for bitcoin right now. From futures contracts to bitcoin trading desks, big money is pouring into cryptocurrency. Coinbase have thrust their weight behind the growing movement, announcing a digital custody custodianship for institutions amidst a slew […]

Coinbase going after hedge fund money with new cryptocurrency security platform

Anthony Harvey/Getty Images for TechCrunch Coinbase, the US cryptocurrency exchange, is wooing big hedge fund money with a new security platform. Coinbase Custody was built to meet the security needs of institutional investors like hedge funds and family offices, according to a Medium post by Coinbase CEO Brian Armstrong.    The impressive appreciation of cryptocurrencies like […]

Coinbase going after hedge fund money with new cryptocurrency security platform

Anthony Harvey/Getty Images for TechCrunch Coinbase, the US cryptocurrency exchange, is wooing big hedge fund money with a new security platform. Coinbase Custody was built to meet the security needs of institutional investors like hedge funds and family offices, according to a Medium post by Coinbase CEO Brian Armstrong.    The impressive appreciation of cryptocurrencies like […]

Former Fed Chairman Alan Greenspan: “Bitcoin is What Used to be Called Fiat Money”

Economics Just recently the notorious former Federal Reserve chairman Alan Greenspan gave his opinion concerning the rise of bitcoin in 2017. The 91-year old Greenspan explains that he believes the decentralized currency is very much like the world’s unbacked fiat currencies. Also read: Are 2017’s Network Attacks ”Real” or Are Bitcoiners Growing Paranoid? […]

Blochchainify freedom by mining cryptocurrency for bail money

The New Inquiry, a non-profit, recently unveiled its blockchain mining system designed to give freedom to people awaiting trial who can’t afford to post bail. Slacktivists unite: anyone can donate their unused processing power to the cause. Bail Bloc is software that lets you utilize unused processing power to mine for cryptocurrency, specifically Monero, which […]

Hedge Funds Introduce Institutional Money to Cryptocurrency

By Alex Lielacher The exuberant rally in cryptocurrencies since the start of the year has sparked an increased interest in Bitcoin and its peers among private investors. This development has also raised eyebrows in the institutional investor community, which is finally coming around to accepting bitcoin and other digital assets as a viable asset class […]

Money has been pouring into the world’s fifth-biggest cryptocurrency, and bitcoin is getting smoked

Bitcoin had a wild weekend, as prices for bitcoin (BTC) got smoked while bitcoin cash (BCH) rocketed higher. The weekend price action saw bitcoin cash hit a record high above $US2,600 a coin — after trading around $US300 in recent months — as the battle over bitcoin’s transactional capability continues to rage. A short time […]

Money Manager VanEck Launches Cryptocurrency Price Indices

The company behind a recent effort to launch a cryptocurrency-tied exchange-traded fund (ETF) has unveiled a suite of new price indices related to bitcoin and other digital assets. New York-based VanEck announced today that it is partnering with UK data firm CryptoCompare to launch the indices, which include several that focus on specific cryptocurrencies like […]

‘If you follow us you will make money’: how bitcoin is marketed to the masses

Sunny Ahonsi is no stranger to get rich quick schemes. The 57-year-old boasts on LinkedIn about his involvement with companies that have been criticised by regulators across Europe and called a Ponzi scheme by the Belgian financial authority. Now he has found a new dream to sell: bitcoin. Last Thursday, Mr Ahonsi (pictured below) was […]

Understanding Segwit2x: Why Bitcoin’s Next Fork Might Not Mean Free Money

Bitcoin is gearing up for what could be the biggest (and least understood) change to its software to date. Often called simply a “digital currency,” bitcoin is best viewed as a protocol (a set of code) that delivers data (in this case bitcoins) in defined quantities (called blocks) that are then stored in a sequence […]

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