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Tag Archives: Investment

Bitcoin Is Still a Better Investment Than Altcoins: Crypto Expert

If you are thinking of decamping from Bitcoin to invest in the various altcoins anticipating higher returns, don’t. According to Bart Smith of the Susquehanna International Group, Bitcoin is still the best bet and will continue to dominate the market. The rise of altcoins at the end of last year occurred because investors were excited about new developments and use ...

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South Korea to Simplify Blockchain Investment With New Legislative Changes

South Korea regulators vowed to introduce friendly blockchain investment legislation in a meeting July 13, the latest chapter of an ongoing push to promote the technology nationally. At the 4th Vice Ministerial Meeting on “Growth through Innovation,” presided over by Vice Minister of Strategy and Finance Ko Hyoung-kwon, the government pledged to make it easier for blockchain businesses to enter ...

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Token Ranking System ICO All-In Gives Backers Insight for a Sound Investment

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. As bitcoin disrupted the financial industry, people have been quick to adopt the digital currency’s underlying technology, the blockchain, to suit for a variety of purposes. Like water, the decentralized ledger can fit ...

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Susquehanna’s Crypto Chief Touts Bitcoin as the Best Cryptocurrency Investment

The existing use cases of bitcoin give it an edge over other cryptocurrencies, the head of digital assets at Pennsylvania-based trading firm Susquehanna International Group, Bart Smith, told CNBC’s Fast Money on Tuesday. According to Smith, with these established functions of bitcoin which are already applicable today, the flagship cryptocurrency presents the best opportunities for investors in the space. Smith went ...

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Survey: Investors Prefer Ethereum over Bitcoin as the Best Investment Opportunity

According to a survey conducted by U.S. law firm Foley & Lardner LLP, investors and executives prefer Ethereum over Bitcoin and other leading coins like Monero, Dash, and Zcash. At the same time, there is a desire for more regulations in the crypto market. Survey: Foley & Lardner The survey — completed by more than 60 professionals, the majority of whom are investors or ...

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Bank of Korea Says Crypto Investment Poses ‘Insignificant’ Risk to Local Financial Market

According to South Korean central bank the Bank of Korea (BOK), the outstanding balance of virtual currency accounts in domestic banks totalled $1.79 billion as of Dec. 2017, local news outlet Yonhap reported Friday, July 5. The BOK’s report considered the $1.79 billion (2 trillion won) figure to be relatively low, as it is equivalent to around 8 percent of ...

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Bitmain Expands Circle of Influence With $50 Million Investment

The world’s largest producer of ASIC mining machines, Bitmain, is expected to invest $50 million into the upcoming IPO of Opera Ltd. Bitmain’s Expanding Circle of Influence Norway-based Opera Ltd., one of the top internet browsers, has just filed for a Nasdaq initial public offering (IPO) last week, in an attempt to raise up to $115 million in financial capital. ...

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Crypto Week in Review: Institutional Investment Still a Hot Topic Amidst Low Exchange Volumes

Prospects for the cryptocurrency industry are beginning to look up, with prices marginally increasing throughout the week. But are the bulls really back? Institutional Investment Sees Interest Continue Discussion regarding institutional interest has continued, with this prior week seeing a variety of news pieces regarding the growing number of institutional entry points.  Coinbase Custody Sees Successful Launch Coinbase has just ...

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$150 Billion Ant Financial Sees Blockchain as the Future Technology, Big Investment

Jack Ma-led Chinese e-commerce giant Alibaba’s fintech conglomerate Ant Financial considers blockchain technology as one of the five key technologies that will dominate every industry in the long-term. Ant Financial Hopes to Use Blockchain in its Core Businesses At the TechCrunch International City Event held in Hangzhou this week, Zhang Hui, the director of Blockchain Department at Ant Financial, stated ...

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