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Tag Archives: Expects

Mike Novogratz Expects Crypto Market Turnaround, Adoption in 2019

Frankly, it would be fair to say that bears have brutalized the crypto market and its constituents in 2018, throwing Bitcoin and its altcoin brethren off metaphorical cliffs. However, in spite of the widespread carnage, some innovators remain tunnel-visioned, focused on bolstering the nascent crypto and blockchain ecosystem with no holds barred. Regulatory Fears Remain, but Galaxy Digital Bets on “Big ...

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Swiss Crypto Bank Startup Expects to Receive Banking, Securities Dealer License in 2019

The CEO of Swiss startup SEBA Crypto AG said in an interview that five “large asset managers” from both Germany and abroad have shown interest in their cryptocurrency bank, Swiss financial media outlet Cash reports Nov. 12. Back in September, the company had raised $103 million to set up a bank offering cryptocurrency-related services. At the time, CEO Guido Bühler ...

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Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’

Major crypto exchange Bitfinex has temporarily suspended all fiat wire deposits for the Euro, U.S. Dollar, Japanese Yen and Pound Sterling. This is according to several reports today, Oct. 11. While the exchange has not specified a reason for the suspension, it states that deposits are “expected to resume within a week.” As reported Oct. 8, the exchange has recently ...

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AMD Expects GPU Sales to Cryptocurrency Miners to Keep Sliding

AMD has disclosed that the cryptocurrency-induced boom for sales of its GPU cards is over, for the foreseeable future. During an earnings call the Santa Clara, California-based chipmaker revealed that graphics cards sales to cryptocurrency miners declined during the quarter that ended in June. The Graphics Processing Units that AMD and its rival Nvidia make primarily for rendering 3D graphics ...

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Palm Beach Research Group Expects Dash to 10X Over the Next Year

Teeka Tiwari of Palm Beach Research Group said in an interview with Glenn Beck that he expects Dash to 10X “over the next year and change” to “about twenty-six hundred bucks”. In the video, Teeka Tiwari outlined his reasons behind his Dash price prediction of $2,600 USD; InstantSend, PrivateSend, and the real-world use case of unbanked marijuana stores in the ...

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Philippines Regulator Expects Windfall from Crypto Exchange Licensing

The administrator of a government-controlled economic zone in the Philippines is expecting to rake in $67 million by issuing licenses to cryptocurrency exchanges. As reported previously by CCN, the Philippine government legalized the entry of cryptocurrency exchanges to operate in the Cagayan Economic Zone Authority (CEZA) – complete with tax benefits – in April this year. Crypto firms operating in ...

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Following ‘Security Breach,’ Bancor Expects to Be Online in 24 Hours

Decentralized cryptocurrency exchange Bancor, which experienced a “security breach” July 9, has told Cointelegraph that it expects to come back online within 24 hours. Bancor halted operations this Monday due to an investigation of a “security breach,” which involved more than $12 million. The exchange confirmed the breach on its Twitter account, saying that “no user wallets were compromised.” The ...

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