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...
PricewaterhouseCoopers, known as PwC, bought a small stock in a Chinese-based cryptocurrency, VeChain. Currently, Vechain’s estimated market value is $2.7 billion. PwC Hong Kong and Singapore announced that as part of a larger strategic alliance, they have decided to purchase an ownership interest in VeChain. It was mainly because of...
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...
Kevin Warsh, former governor of the US Federal Reserve Bank, thinks that a possible 'FedCoin' production, which will transfer legal actions to a digital coin, should be seriously considered. Kevin Warsh managed the Fed from 2006 until 2011. When Trump administration appointed Jerome Powell to the Fed, Warsh was among the ambitious candidates. Warsh said...
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...
The results of the recent survey by the well-known research firm Gartner revealed some interesting facts. While 66 percent of CIOs working in various companies are aware of Blockchain technology, the CIOs who want to integrate Blockchain technology into their business are reported to be only 22 percent. 14% of the 3138 CIOs who participated in the survey indicated that they...
Bloomberg, a famous economy channel, prepared a large file about cryptocurrencies with the data that has been gathered in the period of 16 months and shared it with its readers. The report responds to questions such as how price increases in cryptocurrencies are in parallel with swap transactions and other products. Bloomberg's...