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Tag Archives: Investor

VC Investor: Fundamentals Show Bitcoin and Ethereum Oversold in Bear Market

It’s no secret that 2018 has been a rough year for cryptocurrencies, with Bitcoin falling over 80% from its 2017 highs, and most major altcoins dropping 90% or more. Despite the market’s poor performance, one venture capitalist laid out his case for why Bitcoin and Ethereum are currently oversold from a fundamental standpoint. The past few weeks have been especially ...

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$170,000: Bitcoin Investor Fails to Backup Recovery Password, Loses Access to Funds Blockchain Wallet

/latest/2018/12/170-000-bitcoin-investor-fails-to-backup-recovery-password-loses-access-to-funds-bitcoin-wallet/ 170-000-bitcoin-investor-fails-to-backup-recovery-password-loses-access-to-funds-bitcoin-wallet Kerem Albayrak , a resident of Istanbul, Turkey, claims he lost access to $170,000 in digital currency as he did not properly back up his recovery phrase to his cryptocurrency wallet. In a Reddit post , Albayrak explained in detail what happened. He first noted that he bought an iMac for his new office and that he had created ...

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Poloniex Joins Fight for Institutional Investor Market With Dedicated Accounts

U.S. cryptocurrency exchange Poloniex has launched a dedicated offering for institutional traders, the company announced in a blog post Dec. 4. Poloniex, which merged with financial services company Circle in February this year, currently ranks 47th in the world among crypto exchanges by trade volume. The exchange joins an increasing array of operators looking to service the institutional market, a ...

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Chinese Crypto Investor to Develop Stablecoin Within Hong Kong-Based Blockchain Fund

Chinese crypto investor Li Xiaolai will lead a stablecoin project within Hong Kong-based blockchain fund Grandshores Technology, according to an official document issued on Monday, Dec. 3. China’s Bitcoin (BTC) “tycoon” Li Xiaolai has been also appointed as an executive director and co-chief executive officer of Grandshores Technology starting from Monday, Dec. 3. Within the new position at the blockchain ...

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Crypto Investor: Bitcoin Has Yet To Bottom, But $4,200 Is a Steal

On Wednesday, after a multi-week sell-off that saw crypto assets toss and turn non-stop, investors in this market found some much-needed reprieve. In the span of 12 hours, Bitcoin surged past $3,800, establishing a five-day high at $4,375 on the back of an aggressive influx of buying pressure. And with this move, which saw the aggregate value of all crypto ...

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ICO Market is Dead: Crypto Investor Barry Silbert

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. The ICO market is dead, but that won’t hamper the inevitable growth of the cryptocurrency market, says Barry Silbert, the founder of crypto investment fund Digital Currency Group. Silbert said the frenzy for initial coin offerings ...

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Investor: China Has a “Love-Hate” Relationship with Crypto and Blockchain

It’s no secret that China has a long and complicated history with cryptocurrency and blockchain technology, at times showing their love and hopefulness for the latter, while frequently taking actions to prohibit the use of the former. While speaking at East Tech West, Edith Yeung, the head of 500 Startup’s China unit, spoke to CNBC about this complex relationship, detailing the division ...

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51% Attack? Bitcoin Wins Ron Paul Investor Poll [Again]

Twitter Facebook LinkedIn Former congressman and presidential candidate Ron Paul enjoys a wide fanbase on social media and among latter generations who have an interest in pro-liberty changes to governmental policy. He is famed for his positions on issues ranging from abortion and marijuana to business regulation, and he famously authored a book which aligns with the philosophy of many ...

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Bitcoin Break to $5,600 is Good For Crypto, Says Major Investor

Bitcoin price tanked more than 10 percent on Wednesday after months of low-volatile action. As the market prepares for further slides, a prominent investor believes that Bitcoin breakdown is good for the crypto space. Travis Kling, chief investment officer at Ikigai crypto-assets management firm, said in his tweet that Bitcoin downtrend should induce more capitulation in down market cap names. ...

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