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Tag Archives: BCC

Tether Forces Bitcoin to Achieve $7,500, Crypto Market Adds $20 Billion

The crypto market and Bitcoin investors were in for a shock on Monday morning, as Tether, a self-proclaimed “stablecoin,” fell 6% below its U.S. Dollar (USD) peg amid a growing sense of confusion within the cryptosphere. Tether, Bitfinex Worries Plague Crypto Market During the wee hours of Monday morning, crypto assets saw a strong, but suspicious move to the upside, even ...

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Former Trump Economic Adviser Joins Blockchain Startup Spring Labs

One of President Trump’s previous economic advisers has joined Spring Labs. Gary Cohn is the latest former Wall Streeter to take up a position within the ever-expanding blockchain industry. Cohn Joins Steven Hunt and Christine Sandler in Moving to the Blockchain Industry Yet another blockchain-related company has managed to poach talent from Wall Street. Spring Labs is a startup that ...

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Ethereum Co-Creator Says He’s Not a Billionaire, Who are the Richest in Crypto

Vitalik Buterin, the co-founder of Ethereum (ETH), was accused of leading a scam involving Ethereum. The scam supposedly involved pre-mining that allowed him and Joe Lubin to steal 75% of ETH supply and turn them into billionaires. These accusations came from a New York University professor Nouriel Roubini. @VitalikButerin was the ring-leader – together with Joe Lubin – of the ...

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United Capital CEO: Blockchain Will Eventually Impact Every Financial Transaction

Although blockchain is still clearly in its early stages of adoption, it is becoming increasingly clear that the technology underpinning Bitcoin and cryptocurrency will ultimately affect the daily lives of all individuals. This sentiment is shared by Joe Duran, the founder and CEO of United Capital, who expressed his confidence in the blossoming technology while speaking to CNBC, explaining that ...

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Japan’s GMO Internet Group Announces Yen-Backed Stablecoin

Japanese internet giant GMO has just announced plans to launch a new stablecoin backed by the Yen. The new coin will be called GMO Japanese Yen and is expected to arrive at some point in 2019. The company is already invested in mining hardware and cryptocurrency exchange businesses, and the launch of the coin will mark its third enterprise in ...

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Bitcoin (BTC) Price Watch: Wait for this Short-Term Breakout

Bitcoin Price Key Highlights Bitcoin price has formed lower highs and higher lows on its 1-hour chart to trade inside a symmetrical triangle. Price is currently testing the bottom of the triangle and might be due for a bounce back to the top around $6,700. Price is nearing the end of its triangle pattern and the tighter consolidation suggests that ...

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Gov’t of South Korea is Endorsing Crypto and Blockchain Like No Other Region

South Korea is leading an example of being the world’s most hospitable regions for crypto and blockchain entrepreneurs. The world’s eleventh-largest economy has committed a $100 million fund to develop its capital Seoul as a center of blockchain innovation. Park Won-soon, the third-time governor of Seoul, during his visit to Switzerland’s Zug last week, revealed that their government would launch a ...

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