Tag: bitcoin

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CME’s Chief Economist Echoes Pomp’s Views on BTC as Hedge

CME’s chief economist said he now sees Bitcoin as a portfolio hedge, which is a thought train Anthony Pompliano has led for years. Mainstream financial entities are beginning to see Bitcoin (BTC) as a non-correlated asset, a concept Morgan Creek Digital Co-founder Anthony Pompliano has been promoting for over a year.  “If Bitcoin is not…
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Bitcoin Hits New Yearly High After Rallying 4%, Altcoins Turn Green

After resting for one day below the psychologically important level of USD 10,000, the most popular cryptocurrency, bitcoin (BTC) is back to the five-digit zone after rallying 4% in two hours. Almost all top 100 coins by market capitalization turned green. At pixel time (17:48 UTC), BTC trades at c. USD 10,255, or the level…
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This is How “Bitcoin Only” Narrative Might Help Altcoins in 2020

A “healthier distribution” of the market is upon us, as a result of an eventual decline in Bitcoin (BTC) dominance and an altcoin bull run, estimated token data and rating agency TokenInsight. The agency published their 2019 cryptocurrency annual report, writing that the 2020 crypto market as a whole will see a stronger move, and…
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Mastercard, Binance X and Ripple’s Xpring Join the Blockchain Education Alliance

Mastercard, Binance X, and Ripple’s Xpring joined the Blockchain Education Alliance launched by blockchain accelerator MouseBelt. The Blockchain Education Alliance launched by blockchain accelerator MouseBelt has gained several noteworthy new members.  Ashlie Meredith, the university program director for MouseBelt Blockchain Accelerator, told Cointelegraph on Feb. 11 that the new members include payment processing behemoth Mastercard,…
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JPMorgan Might Merge Quorum With ConsenSys

Within the next six months, U.S.-based investment banking giant JPMorgan Chase is likely to announce that its blockchain unit Quorum is merging with major bockchain company ConsenSys, Reuters reported, citing people familiar with the plans. Both companies are already in talks over this potential deal, a source close to the situation confirmed to Cryptonews.com. The…
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William Shatner Doubts Craig Wright’s Claims to Inventing Bitcoin

William Shatner has expressed doubts over whether Australian computer scientist Craig Wright is the inventor of Bitcoin. Captain Kirk seems unconvinced that the Australian computer scientist Craig Wright is the inventor of Bitcoin (BTC). William Shatner, the Canadian actor that played Captain Kirk in the original Star Trek series, suggested that Wright is not behind…
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Litecoin Sees Slight Retracement After Completing Bullish Wave

Source: iStock/Ja’Crispy After seeing stellar performance in both BTC and USD terms since the beginning of the year, litecoin (LTC) is now experiencing a pullback that brought the price down to its 10-day moving average. As of pixel time on Tuesday (12:25 UTC), litecoin trades at c. USD 74 and is up almost 2% over…
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Crypto Exchange CEO Given Suspended Jail Term after Appeal Fails

An appeals court in South Korea has upheld a guilty verdict for the CEO of crypto exchange CoinNest. He and two executives were handed a suspended jail sentence. The exchange, once the country’s third-largest, shut down last year after its Kim Ik-hwan and two senior executives identified only by their surnames, Hong and Cho, were…
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Report: JPMorgan Considers Merging Blockchain Unit With ConsenSys

JPMorgan Chase, the U.S.’ largest bank, is reportedly considering merging its in-house blockchain unit Quorum with Ethereum-focused firm ConsenSys. The blockchain world may soon be seeing a major merger with the traditional financial sector. JPMorgan Chase, the United States’ largest bank, is reportedly considering merging its in-house blockchain unit Quorum with major Ethereum-focused firm ConsenSys.…
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ConsenSys and Skale Kick Off New Token Issuing Platform

ConsenSys is launching a new crowdfunding platform that focuses on jumpstarting a dedicated community, with Skale Network being its inaugural launch partner. Activate is making its inaugural token launch with Skale Network, according to a Feb. 11 press release. Activate is a token launch platform developed by ConsenSys Codefi, which seeks to jumpstart the actual…
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