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Average ICO Investor Makes 82 Percent Profit: Boston College Researchers
Much has been made about the prevalence of scams within the initial coin offering (ICO) industry. However, a new report published by researchers at the Boston College Carroll School of Management suggests that the average ICO investor is still raking in a significant profit. The 54-page report, titled “Digital Tulips? Returns to Investors in Initial Coin […]
Italy’s Economic Pain Is the Bitcoin Price’s Gain
Perhaps it took an economic crisis of another kind to lift the cryptocurrency markets. Italy’s economy is reeling amid a political crisis that has placed a spotlight on the cracks in the EU’s economic foundation. Bitcoin Price Trends up as Italy’s Economy Falters Italian bonds are going bust, and the negativity has spilled over into […]
Crypto World ’Definitely in a Bubble’: Wikipedia Creator Jimmy Wales
The co-founder of the world’s largest online encyclopedia said that he believes the current state of the cryptocurrency market bears many of the characteristics of an asset bubble. Wikipedia creator Jimmy Wales made this claim on Tuesday at cryptocurrency conference Blockshow, which is being hosted in Berlin. “Right now, we are in a bubble. The […]
Indian Businessman Conned $130,000 in Bitcoin Purchase Scam
On the pretext of being offered bitcoins, a businessman from India’s capital city fell victim to a rather novel fraud – buying absolutely nothing in exchange for paying the pioneer cryptocurrency’s global prices to a purported cryptocurrency exchange representative. Purchasing Bitcoins Which Don’t Exist During a bank visit in 2017, the unnamed businessman was approached by the […]
Average Blockchain Project Dies in Less Than Two Years: Report
Recent years have seen a huge surge in the number of blockchain projects entering the space, with 871 ICOs raising over $6 billion last year compared to just 29 ICOs raising $90 million in 2016. Already this year there have been 777 ICOs and counting as more startups get on the ICO bandwagon – but not all of them […]
331 Japanese Cryptocurrency Investors Made at Least $1 Million in Profit Last Year: Tax Agency
Mainstream media outlets in South Korea and Japan JoongAng and Nikkei have reported that the National Tax Agency (NTA) of Japan is fully aware that 331 investors in the Japanese cryptocurrency sector recorded a profit of $1 million through trading, generating more than $331 million in total. Chasing Cryptocurrency Taxes By the end of 2017, […]
Movers of the day
$2,99 USD (25,14%) 0,00041523 BTC (26,55%) 0,00571206 ETH (39,42%) There is alpha Celestine comming. And there is also this: ”We are going to announce big news next week!” from their Medium post. All Sports (SOC) $0,169235 USD (24,88%) 0,00002343 BTC (26,12%) 0,00031985 ETH (37,98%) No info. Docademic (MTC) $0,335529 USD (21,97%) 0,00004648 BTC (23,24%) 0,00064286 ETH (36,65%) McAfee strikes again. Updated […]
Ripple (XRP) Going For The Big Guys: Amazon Rumors
Despite many believing that the previous market recovery during May was what Bill Barhydt – CEO of Abra, stated that the gold-craze and hype will overtake the market again, did not go so well. “I talk to hedge funds, high net worth individuals, even commodity speculators. They look at the volatility in the crypto markets and they […]
Movers of the Day
Here are top 5 tokens that moved the most in the last 24hours: MyBit Token (MYB) $3,20 USD (41,08%) 0,00042967 BTC (40,72%) 0,00536698 ETH (35,39%) MyBit Token will announce something ‘very cool’ at the end of May. Marketing wise we’ve had a lot of contact with influencers, media-channels and possible brand ambassadors in various countries. In order to tell […]
Crypto Exchange Kraken Hires Bush Administration Prosecutor as General Counsel
San Francisco-based cryptocurrency exchange Kraken has hired a former federal prosecutor appointed by President George W. Bush to serve as its general counsel. Business Insider reports that the exchange, eighth-largest in the world with a daily volume of just under $350 million, has hired Mary Beth Buchanan, the first woman and youngest-ever person appointed US Attorney […]