Goldman Sachs is Considering a Bitcoin Trading Operation, but CEO Retains a Neutral Position on the Cryptocurrency
Wall Street investment bank Goldman Sachs is thinking about launching a new trading operation, geared specifically toward bitcoin and other cryptocurrencies. According to the Wall Street Journal, the bank’s exploration into the trading of digital currencies is still in the ‘early stages.’ However, it added that the venture may not amount to anything. If it […]
The Indian government is reportedly considering its own digital currency, similar to bitcoin. The central government of India has discussed the proposal with a committee of government officials, according to an unnamed source, reports the Business Standard. As India’s central bank believes that digital currencies are ‘susceptible to misuse’ the government is looking at a […]
This post The Indian Government is Considering its Own Cryptocurrency first appeared on Coinjournal.
The U.S. Commodity Futures Trading Commission (CFTC) has filed a federal civil enforcement action against Gelfman Blueprint, Inc., a New York corporation, and Nicholas Gelfman, its CEO and head trader, charging them with fraud, misappropriation, and issuing false account statements in connection with solicited investments in bitcoin. According to the CFTC complaint, Gelfman Blueprint and […]
This post U.S. CFTC Files Charges Against NY Firm And CEO Over Alleged Bitcoin Ponzi Scheme first appeared on Coinjournal.
Propy, a startup that’s building a global property store and a decentralized title registry powered by blockchain technology, has raised US$15 million through an initial coin offering (ICO) from more than 6,500 participants. Prior to the token sale, Propy had already secured US$2 million in pre-sale commitments. Investors in the startup include RenGen, an investment […]
This post Blockchain Proptech Startup Propy Raises US$15M; Strikes New Partnership first appeared on Coinjournal.
This week will see the launch of a new and innovative project as The Knox group of companies launch their Bitcoin priced property venture. In a first for the industry, property will be available to buy directly from a developer using bitcoin. The £250 million venture is the first between entrepreneur and Conservative peer Baroness […]
This post Business Icons Launch £250 Million Bitcoin-Priced Dubai Property Venture first appeared on Coinjournal.
Bitcoin is in a bubble. That’s according to some. Billionaire investor Mark Cuban, BBC’s technology correspondent Rory Cellan-Jones and best-selling author and currency expert Jim Rickards are just a few names that spring to mind who are claiming this. Yet, even if this is the case, surely that’s not necessarily a bad thing and may […]
This post Are Investment Bubbles in the Crypto Space a Good Thing? first appeared on Coinjournal.
According to research released in late 2015, U.K.-based Magister Advisors, a financial institution which focuses on facilitating mergers and acquisitions in the technology sector, explained that bitcoin could become the sixth largest reserve currency by 2030. Bitcoin has experienced exponential growth since 2009 based on many indicators including user base, trading volume, price, market cap and […]
This post Can Bitcoin Become a Major Reserve Currency by 2030? first appeared on Coinjournal.
The Hive Project, which intends to build the world’s first cryptocurrency-based invoice financing platform, has raised 2,087 BTC, or over US$8.9 million, from 2,234 investors through its initial coin offering (ICO). Invoice finance is a funding solution that releases the cash “locked up” in unpaid invoices to improve cash flow and increase the working capital […]
This post Ethereum-Based Invoice Finance Platform Hive Raises Over US$8 Million first appeared on Coinjournal.
Most crypto-fans never thought they’d live to see a day when bitcoin reached its true pinnacle of financial stability, but it appears that moment has come, as the digital currency now sits proudly beyond the $4,000 mark. It’s good news for those who never lost hope. It’s also a sign that anyone who doubted the […]
This post Price Watch – Bitcoin Passed $4,000, but What’s the Real Reason Why? first appeared on Coinjournal.
A proposal to issue so-called estcoin could make the Republic of Estonia the first country in the world to run an initial coin offering (ICO) for a government-managed crypto token. The Republic of Estonia is considering launching its own crypto token, estcoins, which would be made available to e-residents looking to support Estonia’s broader “new […]
This post Estonia Considers Launching Its Own Crypto Token Through An ICO first appeared on Coinjournal.