Colas has written Convergex's popular Morning Market Briefing for 14 years and has a well-established reputation among Wall Street professionals. After the collapse of the market earlier in the year, he rejects the idea that investors may now have the opportunity to pass the action again.
Colas shared his worry about...
Goldman Sachs announced that they would soon open a trade office for Bitcoin (BTC) contracts due to the intense request they have received from their customers.
According to information provided to the CNBC Fast Money program by Spencer Bogart, a partner at Blockhain Capital, other banks will most probably open a cryptocurrency business offices as Goldman Sachs is planning.
Bogart believes the reason...
Since CoinMarketCap stands out as the primary site that always controls coin values and market limits, their decision by removing one of the official websites associated with Bitcoin is a significant step. Even though the real reason is unknown, it is anticipated that such a decision was taken when the...
Recently, there has been a mobility and a sudden increase in the volume of cryptocurrency trading in India. Despite the decision of the Indian Central Bank (RBI) in April 2018 to ban cryptocurrencies, the rise continues to take place. Cryptocurrency holders believe the market will continue to expand even after RBI's ban will...
Charlie Shrem, founder of Bitcoin Foundation, announced that May 2018 is Bitcoin’s last period which it will be worth less than $10,000.
Although a previous research has pointed to the beginning of the "hodl" period of Bitcoin's long-running trends, this week was the scene of some of the most precise signals that market trading could soon begin.
In an interview with the New...
Axel Weber, the chairman of UBS, said they are not providing any services to customers for trading Bitcoin or other cryptocurrencies in general. Weeber also said in a conversation in Switzerland that cryptocurrencies are “often not transparent” and they can be exploited, therefore, there should be tighter legal controls over...
In an interview with Yahoo Finance, Warren Buffett, an American investor and Berkshire Hathaway's CEO, once again underestimated cryptocurrencies. In the interview, Buffett stated:
“If you buy something like a farm, an apartment house, or interest in a business…it’s a perfectly satisfactory investment. You look at the investment itself to deliver...
Christopher Slowe, the CTO of the platform Reddit, talked about the no-acceptance of crypto-money on the platform on May 2nd. Slowe, showed "high transaction fees" as Reddit's refusing Bitcoin payments, and after that gave some clues that crypto money could go back to Reddit.
Slowe, who gave an interview to Cheddar, said that...
The place where the crypto money is covering in our lives continues to grow day by day. So much so that Bitcoin and other crypto-money have already begun to be used in many places where reputation has passed and has worked. Some of these are ATMs, credit cards and other financial products.
In...
Arizona's tax payment bill on paying cryptographic money was passed by the House of Representatives of the state, but there were some issues. The new bill is almost completely different from the old one.
According to the public records of the state, House of Representatives adopted Senate Bill 1091 on April 30 with votes 43 to 14. In addition, the measure in...
