As regulatory bodies continue to improve their policies regarding digital assets, crypto enthusiasts have been paying special attention to comments from officials involved with the matter. And while many of them have already assumed a decidedly positive stance on cryptocurrencies, few have given them as much praise as CFTC commissioner Rostin Behnam. In his speech…
After developing one of the top altcoins on the market, Ripple aims to spread its influence further by funding a major blockchain research effort, reports Coindesk. The company is no stranger to blockchain technology, as their flagship coin currently ranks as the third-largest cryptocurrency by market cap. And despite their heavy focus on brokering support…
CryptoSlate’s Bill DeLisle wonders whether Bitcoin can go even further beyond its current utility and serve as a gauge for an entirely different market. As is the case with any cryptocurrency, Bitcoin is sometimes thought of as a way to go against the monetary establishment by switching to a decentralized payment system. Even as big…
Though Bitcoin once again diverts away from its December 2017 highs, interest in the cryptocurrency by large-scale investors still continues to grow. Coindesk’s annual conference in Manhattan showed that, despite recent dips, major figures in the industry were as keen as ever to increase their exposure to digital assets. As reported by CCN, opinions sometimes…
A recent panel at CoinDesk’s Consensus 2018 conference in New York saw key U.S. regulatory figures discuss the ideal way of approaching digital assets. The panel featured notable lawmakers such as CFTC enforcement director James McDonald, SEC Enforcement Division Cyber Unit chief Robert Cohen, as well as associate deputy attorney general Sujit Raman. Also in…
The New York Stock Exchange could be the latest institutional giant to adopt Bitcoin by introducing a specialized trading platform. A report by The New York Times states that Intercontinental Exchange, the NYSE’s parent company, has already begun implementing a Bitcoin-oriented platform aimed primarily at larger investors. Although details remain scarce, the trading desk would…
Although Bitcoin has been in circulation for nearly a decade, many still struggle to define it within a financial context. Some view it as an alternative to fiat currencies due to its simplification of transactions, while others treat it as a commodity that’s meant to be traded in the short-term. The view of Bitcoin as…
Few assets in history have experienced a ride comparable to Bitcoin’s over the past year. Having stayed under $1,000 for several years, Bitcoin shot up to nearly $20,000 towards the end of 2017. 2018 has so far seen a consolidation in the market, with the cryptocurrency currently around $9,000 after some ups and downs. While…
With more and more companies showing an interest in using blockchain technology to improve their bottom line, Samsung appears to be the first multinational to commit to such an overhaul. And while many businesses feel they have a niche that blockchain can upgrade, Samsung’s application would potentially involve a complete redesign of its shipment tracking…
One of America’s wealthiest families is the latest big name to enter the crypto space. The Rockefellers’ venture-capital firm Venrock recently teamed up with CoinFund, a group of cryptocurrency investors with a focus on financing blockchain-based businesses. In his interview with Fortune, Venrock partner David Pakman spoke about what the joint effort means to both…
