Crypto Craze: Towards A Bursting Bubble?

Crypto Craze: Towards A Bursting Bubble?

Cryptocurrencies had an incredible year in 2017: Bitcoin jumped more than 1,300%, Ethereum rallied 8,600%, and the overall cryptocurrency market rose to nearly US$650 billion by the end of the year, an astronomical 3,720% increase compared with January…

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Founders Fund Unveils US$15-20 Million Investment in Bitcoin; Price Rises 13%

Founders Fund Unveils US$15-20 Million Investment in Bitcoin; Price Rises 13%

The price of Bitcoin rose 13% on Wednesday following reports that Founders Fund, the San Francisco-based venture capital firm co-founded by Peter Thiel, has been buying the cryptocurrency since 2012, totaling no more than US$20 million. Those bitcoin h…

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NYSE and Cboe File For Bitcoin ETFs

NYSE and Cboe File For Bitcoin ETFs

This month, the Chicago Board Options Exchange (Cboe) and The New York Stock Exchange (NYSE), the world’s largest options and stock exchange, filed six bitcoin exchange-traded fund (ETF) applications to the US Securities and Exchange Commission (SEC). …

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Israeli Blockchain Startup Colu Raises US$14.5M from IDB Investment

Israeli Blockchain Startup Colu Raises US$14.5M from IDB Investment

Colu, an Israeli blockchain startup that creates localized, digital currencies, has raised US$14.5 million from IDB Development Corporation as an investment in the company and as part of its Colu Local Network (CLN) token pre-sale. IDB Development Corp…

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eToro to Assist CoinDash in Building Crypto Trading Products

eToro to Assist CoinDash in Building Crypto Trading Products

eToro, a European social trading and multi-asset brokerage company, will assist CoinDash in the development and implementation of new crypto trading and portfolio management products. eToro is CoinDash’s largest investor. The company, which offer…

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Blockchain Security Platform NuCypher Raises US$4.3M from Cryptofunds and VCs

Blockchain Security Platform NuCypher Raises US$4.3M from Cryptofunds and VCs

NuCypher, a privacy layer for distributed systems and decentralized applications, has raised US$4.3 million in a token pre-sale from 13 cryptofunds and venture capital firms. The round was led by Polychain Capital with participation from Michael Novogr…

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BnkToTheFuture Plans US$33M ICO for New Crypto Token Secondary Market

BnkToTheFuture Plans US$33M ICO for New Crypto Token Secondary Market

Equity crowdfunding platform BnkToTheFuture will launch a public token sale in February 2018 to fund the development of a tokenized platform for equity tokens trading. According to a report by Bloomberg, the company hopes to raise as much as US$33 mill…

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Prominent Investor: Why Jamie Dimon Insisted on Calling Bitcoin a Fraud

Prominent Investor: Why Jamie Dimon Insisted on Calling Bitcoin a Fraud

Over the last year, Jamie Dimon, CEO of JPMorgan, the largest bank in the global finance sector with a market valuation of over $367 billion, has publicly expressed his opposition to bitcoin, falsely describing the cryptocurrency as a fraud and a money…

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Standpoint’s Ronnie Moas Raises Bitcoin Price Prediction to $14,000 for 2018

Standpoint’s Ronnie Moas Raises Bitcoin Price Prediction to $14,000 for 2018

With bitcoin’s value continuing its upward trajectory, the founder of Standpoint Research has revised his 2018 bitcoin price prediction from $11,000 to $14,000. In a note to clients on Monday, Ronnie Moas, wrote: “There have been many positive de…

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Roger Ver: ‘I Hold the Majority of My Cryptocoin Wealth in Bitcoin Cash’

Roger Ver: ‘I Hold the Majority of My Cryptocoin Wealth in Bitcoin Cash’

On a recent episode of The Crypto Show, longtime Bitcoin angel investor and Bitcoin.com CEO Roger Ver, who has been referred to as “Bitcoin Jesus” due to his early adoption and advocacy of the technology, shared his thoughts on Bitcoin Cash, which is a…

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