Bitcoin 

Top Five Tips for New Bitcoin Investors

Investing in Bitcoin (BTC) can be quite intimidating if you’re only just learning about its existence now. In fact, taking the plunge and entering the cryptocurrency sphere is a risk for anyone, with or without investment experience. This is because the crypto space has no centralized authority to guide investors. Rumors, hype and horror stories dominate the internet, and separating fact from hearsay can be difficult at times. Like any other business venture, you should never get your feet wet until you have all the facts straight. Many Bitcoin investors…

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Cryptocurrency 

Investors Reject Refund Amid SEC Hearing Delay

Telegram’s ongoing saga with the U.S. Securities and Exchange Commission isn’t ending anytime soon. After the regulatory body swooped in with a last minute restraining order, Telegram has been embroiled in an increasingly strenuous legal battle to get the Telegram Online Network (TON) over the line. The blistering pace at which the latest developments have occured shows no sign of slowing, with the court hearing pushed back to February 2020 and investors voting against a refund of up to 77% of their initial investment.  Since the hammer of the SEC…

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Cryptocurrency 

TON’s ‘Force Majeure’ Clause — Is Telegram About to Refund Investors?

Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and Exchange Commission (SEC). Just days before the Oct. 16 public token distribution, the SEC dealt Telegram a crippling blow by issuing an emergency action and restraining order. Down, but not out, Telegram is now officially postponing the TON launch date. But after a “force majeure” clause in the purchase agreement was made public, investors are…

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Bitcoin 

Crypto Investors KR1 Thank Cosmos Network for $5.6M Profit in H1 2019

European digital asset investment firm KR1 posted a $5.6 million profit for the half year ending on June 30, 2019, mainly due to the launch of Cosmos network. High returns from bull market in H1 2019 In an interim report published on Bloomberg on Sept. 30, KR1 CEO George McDonaugh emphasized that the firm’s portfolio surged in value in the H1 2019 as Bitcoin (BTC) bounced off a low of $3,200 in late 2018 to over $13,000 in mid-2019. According to the report, the company’s profit in the H1 2019…

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Cryptocurrency 

XRP Fork Unlikely to Succeed, Ripple Continues to Face Angry Investors

The threat of an XRP fork is looming over Ripple, the San Francisco-headquartered startup behind the third-largest asset on the cryptocurrency market.  Twitter user @Crypto_Bitlord, who has over 100,000 followers and claims to own XRP, is rallying XRP investors disappointed with the token’s performance to split from the original ledger due to Ripple’s alleged XRP dumping. The plan follows a moderately popular Change.org petition submitted by the same Twitter persona titled “Stop Ripple Dumping,” which has amassed more than 3,500 signatures over the last four weeks.  Crypto Bitlord’s comment to…

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Bitcoin 

VanEck Now Offering Bitcoin Financial Product for Institutional Investors

The CEO of investment management firm VanEck Associates, Jan Van Eck, said that the company is now offering a type financial product with exposure to Bitcoin (BTC). In an interview with CNBC on Sept. 11, Van Eck said that the product offered by the firm is a broker-traded fund and is currently not available to the public, but to institutional investors only. Van Eck further specified that it will trade over-the-counter and will not trade on a national securities exchange. The broker-traded fund is called VanEck SolidX Bitcoin Trust 144A…

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Bitcoin 

US-China Trade War Driving Retail Investors to Bitcoin, Says EToro

Financial analysts say a growing number of retail investors are betting on Bitcoin (BTC) as a hedge against macroeconomic turbulence during the protracted United States-China trade war. The London Economic reported the news on Aug. 29, citing data from eToro, a United Kingdom-based multi-asset investment platform and social network. Correlated uptick in Bitcoin, gold positions EToro’s data reveals a correlated uptick of positions in both Bitcoin and gold on its platform following news announcements of escalating trade tensions between the U.S. and China.   While gold has long been regarded as…

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Bitcoin 

Bitcoin Will Be In Every Institutional Investor’s Portfolio

American investor and Morgan Creek Digital Assets co-founder Anthony Pompliano says that Bitcoin will end up in every institutional investor’s portfolio. In an interview with CNBC on Aug. 20, Pompliano said that every single week more infrastructure is being built around Bitcoin (BTC) and the crypto markets more broadly. “We’re at a tipping point” In making the case for Bitcoin’s bullish prospects, Pompliano highlighted recent developments, such as the coin’s serial record-breaking hash rate this summer, which points to continual improvements in the network’s security and support. He also took…

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