Despite Recent Market Downturn, Coinbase CEO Brian Armstrong Remains Bullish

Brian Armstrong, chief executive of San Francisco-based Coinbase appears to be unfazed by the market’s undisguised downturn, and has stated his cryptocurrency exchange was signing up 50,000 new members a day last year. After shedding $60 billion in one week , market capitalization now has late investors firmly in the red. Early adopters may also… Continue reading Despite Recent Market Downturn, Coinbase CEO Brian Armstrong Remains Bullish

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South Korea Crypto Industry More Optimistic Than Ever Despite Bear Market

Throughout the past two months, investors in the local crypto market of South Korea have continuously expressed their optimism towards a drastic change in the regulatory landscape of crypto. Since early February, the crypto market has endured the third-worst correction in its history, experiencing a 78 percent decline in price. Despite the bear market, the… Continue reading South Korea Crypto Industry More Optimistic Than Ever Despite Bear Market

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‘Sh*tcoin’ Ethereum Price Will Fall Below $100: BitMEX CEO

When Arthur Hayes has an opinion, he doesn’t tend to mince words. The BitMEX CEO and noted pot-stirrer stayed true to form on Tuesday when using a few, err, colorful illustrations, he predicted that the ethereum price is on track to plunge to double-digit price levels. Writing in BitMEX’s “Crypto Trader Digest,” the exchange operator’s… Continue reading ‘Sh*tcoin’ Ethereum Price Will Fall Below $100: BitMEX CEO

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Blockchain VC Firm Pithia Inc. Signs Investment Deal with Lucidity

Blockchain startups are disrupting industries worldwide through solutions for data transparency, storage and security. On Aug. 15, venture capital firm Pithia confirmed an investment deal with blockchain startup Lucidity. RChain Ecosystem to Support Lucidity Venture capital firm and RChain Cooperative partner Pithia Inc. has announced an investment in Lucidity. Through the investment, Lucidity, a scalable… Continue reading Blockchain VC Firm Pithia Inc. Signs Investment Deal with Lucidity

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SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token

The U.S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who “perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.” The token sale failed to raise money but the tokens were issued as part of a bounty program, which… Continue reading SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token

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Tyler Winklevoss: ‘It Will Take Time’ for Wall Street to Make Crypto Jump

Crypto exchange Gemini CEO Tyler believes “it will take time” for the majority of Wall Street to enter the cryptocurrency sector. The Winklevoss brothers also said they won’t be slowing down anytime soon after the Securities and Exchange Commission (SEC) rejected their proposal for a Bitcoin ETF recently, speaking in a Bloomberg interview. It’s been… Continue reading Tyler Winklevoss: ‘It Will Take Time’ for Wall Street to Make Crypto Jump

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