Author: Urban
Page: 50
Morgan Stanley Poaches Credit Suisse ‘Bitcoin Expert’ to Head Crypto Division
Morgan Stanley, one of the world’s largest investment banks, has just poached Credit Suisse’s resident “bitcoin expert” to head the former’s digital assets unit. As first reported by eFinancialCareers, Morgan Stanley, which ranks sixth among U.S. banks with $858 billion in total assets, hired Andrew Peel last month to serve as its new “head of digital […]
Former US President Bill Clinton Set to Keynote Ripple Conference
The annual Swell by Ripple conference invites global leaders from the policy, payments, and technology fields to come together and discuss how blockchain can be used to benefit society at large. According to a tweet from Ripple, former U.S. President Bill Clinton is set to keynote this year’s edition. Ripple noted in a news release that President Clinton […]
Where OmiseGo Founder Sees Massive Ethereum Scaling and Adoption by 2020
Jun Hasegawa, the founder and CEO at OmiseGo, a billion dollar blockchain network launched on top of the Ethereum protocol, has outlined the future of Ethereum and the roadmap of its growth over the next two years. Massive Scaling and Adoption by 2020 2017 was a year of speculation for both Ethereum and projects launched […]
Coinbase Taps BNY Mellon Vet to Head Global Compliance Efforts
Cryptocurrency exchange and brokerage giant Coinbase has poached a BNY Mellon veteran to head the firm’s global compliance efforts as it seeks to ramp up its international operations and expand the range of assets supported on its platforms. The San Francisco-based Coinbase on Tuesday announced that it had appointed Jeff Horowitz as its chief compliance officer. Prior […]
Bitmain Made $1.1 Billion in Profit in Q1, Filing for IPO ‘Very Soon’: Report
After posting eye-popping returns in 2017, the recent bear market has some cryptocurrency firms battening down the hatches amid declining returns. Don’t count industry giant Bitmain among them. Citing an email obtained from a source close to the China-based firm, Fortune reports that Bitmain — best known for manufacturing bitcoin mining equipment — raked in $1.1 billion in profit during the first quarter […]
Iran’s Bitcoin Volume Soars as Rial Value Enters ‘Death Spiral’
Iran’s national currency has crashed to its record low against the U.S. Dollar as the country prepares to face economic sanctions imposed by the Trump administration. The Iranian Rial, which was just beginning to gain momentum after years of depreciation, set a new low on Monday, trading on an average at 100,000 Rials on the […]
Crypto Market Cap Down to $295 Billion, Short-Term Drop For Bitcoin Price Expected
Over the past 24 hours, the valuation of the crypto market has dropped slightly from $300 billion to $295 billion, as the bitcoin price declined from $8,300 to $8,150. Tokens including Aelf (ELF), Holo (HOT), Zilliqa (ZIL), Binance Coin (BNB), and 0x (ZRX), which performed well against both bitcoin and the U.S. dollar last week, dropped substantially […]
Tron Price (TRX) Rises Nearly 10% Despite Stagnant Market
The Tron price strengthened against the U.S. Dollar on Sunday, helped by strong fundamentals, while the rest of the cryptocurrency market remained stagnant. Tron Price: Technical Indicators According to the data available on Bitfinex, Tron’s TRX token jumped 8.5% against USD, while other top-tier cryptocurrencies, including bitcoin and ethereum, continued to trend sideways. From the […]
Vancouver Bitcoin Mining Firm Installs 85 MW Substation to Power Massive Expansion Plans
Vancouver-based DMG Blockchain Solutions Inc. recently announced that it had begun the installation of its 85-megawatt (MW) capacity substation, which will power the expansion of its crypto mining facility. The new 85-megawatt capacity transformer and electric substation will be connected to the utility power grid when completed, and it will help expand its product offerings. […]
Bitcoin Price Headed to New Highs: Crypto Hedge Fund Manager Spencer Bogart
We appear to be in the season of predictions as various stakeholders in the bitcoin ecosystem are finding their voices again. The reason for this isn’t far from the recent bullish run of the bitcoin price that has seen it test the $8,500 mark before retracing and trading around the $8,200 mark as at the time of […]
