IBM's VP of Blockchain Believes Bitcoin Will Hit $1 Million
Bitcoin News

IBM’s VP of Blockchain Believes Bitcoin Will Hit $1 Million

Jesse Lund, the vice president of IBM’s blockchain and cryptocurrencies operations, expects that Bitcoin’s (BTC) market value would eventually reach $1 million. Lund made his prediction during an interview with comparison and news platform Finder.com. The interview was uploaded on YouTube on February 20. Lund was asked about the status …

Crypto Exchanges More Trusted Tan Stock Exchanges
Crypto News

Crypto Exchanges More Trusted Than Stock Exchanges

In a recent study related to millennial investment attitudes, published by investment platform eToro, indicates that almost half of millennial traders have more trust in digital currency exchanges than in U.S stock exchange. According to the report, 43 percent of the surveyed millennial online traders show less trust in the …

Crypto Will Take Over in Next Fives Years: Tim Draper
Bitcoin News

Crypto Will Take Over in Next Five Years: Tim Draper

Billionaire investor and notable Bitcoin (BTC) bull Tim Draper asserted that in Five years, only criminal would use fiat as cryptocurrencies are universally accepted. Draper made his claims in an interview with American financial news tv channel Fox Business released on February 18. Only Criminal Will Prefer Fiat Money Reciting …

SHIFT Concludes Its Crypto Financial Services

The Shift Card, a Visa debit card based in the United States, that enables customers to use cryptocurrencies held on Coinbase in real-time, will be ceasing all its operations in April. Shift apprised its user about the decision and also explained that the company hopes for a relaunch in the …

Cryptocurrencies Unable to Replace Fiat Money: Chilean Central Bank
Crypto News

Cryptocurrencies Unable to Replace Fiat Money: Chilean Central Bank

The Central Bank of Chile (BCC) claims that cryptocurrencies are unable to substitute traditional money, according to a detailed report on crypto issued on February 7. The document, signed by the President of the central bank, Mario Marcel, was prepared upon request of the Tribunal de Defensa de la Libre …

Bitcoin's Lightning Network Will Soon Come to Square's Cash App
Crypto News

Bitcoin’s Lightning Network Will Soon Come to Square’s Cash App

A bitcoin scaling solution known as the lightning network is expected to soon integrate with Square’s Cash App for mobile payments. Jack Dorsey Claims Bitcoin’s Lightning Is Coming to Cash App Twitter and Square CEO, Jack Dorsey, who is an investor in the Bitcoin-oriented startup Lightning Labs, recently announced in …

Delay in Crypto Regulations May Create More Space for Technology
Crypto Regulation

Delay in Crypto Regulations May Create More Space for Technology

Last week a commissioner of the United States Securities and Exchange Commission (SEC) revealed that the delay in establishing crypto regulations might allow more freedom for the industry to move on its own. Heister Peirce, who is known as the “Crypto Mom” in the community for her disapproval for SEC’s decision …

Investors Can Soon Use Bitcoin to Buy Stocks
Bitcoin News

Investors Can Soon Use Bitcoin to Buy Stocks

What sets cryptocurrencies apart is their ability to allow investors to buy assets with utmost convenience. Whereas, investing in traditional stocks mostly have requisites, for example, you need to be an accredited investor before investing in publicly-traded stocks. The famous crypto investing app Abra has recently introduced a new way …

Crypto Exchange Kraken Closes a $100M Deal
Crypto Exchange

Crypto Exchange Kraken Closes a $100M Deal

Kraken, which is one of the biggest crypto exchanges, has acquired digital assets worth at least $100 million from a start-up, Crypto Facilities. It is very well the biggest deal in the crypto industry this year. On Monday, the San Francisco based company announced that the big acquisition would allow …

Where does South Korea Stand on ICOs?
ICO News

Where does South Korea Stand on ICOs?

South Korea Still Wary of ICOs The current week saw South Korea’s decision to continue the ICO ban in the country, an effort which could prove to be beneficial for other big crypto markets in Asia. The virtual currency task force of the office for Government Policy Coordination released a …