Switzerland’s Falcon Private Bank will begin supporting ether (ETH), litecoin (LTC) and bitcoin cash (BCH) on August 22, 2017, expanding its blockchain asset management services to more digital currencies. Last month, Falcon Private Bank became the first Swiss private bank to enter the cryptocurrency asset management market with bitcoin following approval from the Swiss Financial […]
This post Swiss Private Bank to Add Support for Ether, Litecoin and Bitcoin Cash first appeared on Coinjournal.
On August 14, the price of bitcoin surpassed the $4,300 mark, achieving yet another new all-time high. Amidst a strong week-long rally triggered by the rising tension between the US and North Korea, increasing demand from institutional investors and the hotly anticipated activation of Segregated Witness, the bitcoin dominance index recovered to 50 percent, as […]
This post Bitcoin Surpassed $4,300 But 99.98% of World’s Capital is On The Sidelines first appeared on Coinjournal.
Three Japanese venture capital firms have pledged US$9 million in investment in COMSA, an Initial Coin Offering (ICO) fundraising and cross-chaining platform built on the NEM blockchain protocol. Nippon Technology Venture Partners, FISCO Capitals, and ABBALab are to make the investment through the COMSA ICO. Developed by Japanese startup Tech Bureau, COMSA aims to address current […]
This post Japanese VCs Commit US$9M Investment to NEM-Based Blockchain Platform first appeared on Coinjournal.
Dmitry Marinichev, one of Russian President Vladimir Putin’s internet advisors, is planning to raise $100 million to finance a mining venture through an initial coin offering (ICO), Bloomberg has reported. Over the past few years, China-based Bitmain, arguably the largest and most influential bitcoin mining equipment manufacturer in the world, has invested tens of millions of dollars […]
This post Putin’s Advisor is Raising $100 Million to Rival China’s Bitcoin Mining Industry first appeared on Coinjournal.
A new research paper from a pseudonymous author puts the valuation of a single bitcoin at $5.8 million. The paper makes the case that bitcoin is the best form of money in existence today and should be valued as the dominant world currency. Throughout the paper, points are made around bitcoin’s intrinsic value, the use […]
This post Research Paper Makes the Case for a $5.8 Million Bitcoin Price first appeared on Coinjournal.
While the main sales pitch of Bitcoin has always been that it allows users to route around governments and banks to create a new, decentralized financial system, one online gambling site, known as BitKong, is now offering a feature of traditional banking to their users: savings accounts. Giving people the ability to invest in a […]
This post This Gambling Platform Offers a Bitcoin Savings Account with 8% Interest first appeared on Coinjournal.
The scheduled execution of the bitcoin hard fork proposal Bitcoin Cash which is set to begin on August 1, 12:20 UTC, is hours away and yet the market, investors and traders remain confident in bitcoin and its ability to scale. Earlier this week, bitcoin analyst and Civic CEO Vinny Lingham stated, “If I were running […]
This post Hours Away From Bitcoin Fork, Price Above $2,900 as Investors Remain Confident first appeared on Coinjournal.
In recent months, major financial institutions have warmed to Bitcoin, increasing coverage and providing increasingly positive information. In their latest report, Bank Of America revealed that the trading volume of Bitcoin has surpassed that of GLD, the biggest gold ETF in the market. Digital Currency Group founder and CEO Barry Silbert tweeted in May 2016 that […]
This post Bank of America: Bitcoin Trading Volume Surpassed That of Gold ETF first appeared on Coinjournal.