Big Banks Drop $50 Million on Blockchain Settlements System

A group of large banks are investing $50 million USD into a financial settlements system built atop blockchain technology, the latest in a string of blockchain-centric headlines coming out of the mainstream banking industry this year. That revelation comes via Reuters, which was told by an anonymous source close to the situation that approximately 12 […]

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Facebook Blockchain, Fintech Plans Accelerate: Libra Networks Launched in Switzerland

Previous reporting has pegged Facebook’s cryptocurrency initiative as being codenamed “Project Libra.” The effort’s accordingly been shrouded in secrecy to date … until now. That’s because the project has just risen from the shadows. The Silicon Valley social media powerhouse turned to fintech-friendly Switzerland earlier this month to register Libra Networks, a subsidiary firm that […]

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Bitcoin To Be Exposed To Millions With Upcoming “60 Minutes” Segment

As Bitcoin (BTC) has rallied, posting a performance of 125% year-to-date, mainstream media outlets have begun to come out of the woodwork to cover the cryptocurrency space. In fact, on Tuesday of this week, CNBC’s television station covered Bitcoin four times, while its news portal posted a number of articles on the subject matter. At […]

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Crypto Picking Up Steam: Retail Investors, Institutions, NFL Legends Dive Into Bitcoin

It seems that Tom Lee, the co-founder of Fundstrat Global Advisors, is entirely correct with his conjecture that investors are rapidly becoming interested in Bitcoin (BTC) once again. Anecdotal evidence and hard statistics are showing that at last, the mainstream is picking up on cryptocurrency again. Retail Investors Flood Bitcoin Markets For some reason or […]

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Facebook’s Latest Hiring Spree Stirs More Speculation About its Cryptocurrency

Facebook’s hiring spree continues as speculation about its digital currency continue to rise. The social media giant has reportedly tapped two former members of the executive at crypto exchange Coinbase, both of whom will now serve as compliance officers. More Pros heading to Facebook The first Facebook hire is Mikheil Moucharrafie. Mikheil worked at Coinbase […]

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Bitcoin Price Predictions: From Zero to a Million – What do the Experts Think?

2018 was a wild year for cryptocurrency prices, exemplified by the meteoric rise in 2017 and subsequent crash of granddaddy Bitcoin. After cresting a high of more than $19,000 in December 2017, Bitcoin’s price tumbled down to just over $3000. Since then, it vibrated at a relatively low range throughout 2018 while the market as […]

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