Crypto News

Where’s the Bottom? Investors Search for Answers as Bitcoin Price, FAANG Stocks Plunge

Advertisement Twitter Facebook LinkedIn The Monday Massacre reverberated throughout equities markets today, leaving its mark not only on the bitcoin price — which dropped below $ 5,000 for the first time this year — but on tech stocks as well. Recent Bitcoin Price Drop Attracts Bearish Analysis To make matters worse, the bitcoin price has […]

Blockchain

Swiss AI-Powered Stablecoin Becomes Halal to Attract Muslim Investors

Sharia-compliance finance is becoming a field of choice for several fintech companies as regulators and market participants in the Middle East seem keen on attracting new business. Now, Swiss-based cryptocurrency firm X8 has become the latest to acquire an Islamic finance certification. Islamic Finance Certified for Mid-East Expansion X8 AG, a cryptocurrency and fintech startup […]

Altcoins

Absurd: Investors Can Only Trade Venezuelan Petro to Crypto if Bought in 2018

Advertisement Twitter Facebook LinkedIn According to TeleSUR TV, a mainstream media outlet in Venezuela, the country’s “cryptocurrency” called the Petro can only be traded to other crypto assets if bought before the end of 2018. Former Wall Street bond trader and digital asset analyst Jill Carlson translated the speech of Venezuelan President Nicolas Maduro, which […]

Bitcoin

Storonsky: ‘No Interest from Big Institutional Investors’ (Why He’s Wrong)

Last week, Bitcoinist argued that cryptocurrency enthusiasts should stop waiting for institutional investors to arrive — because they’re already here. Not everyone shares that opinion.  According to a recent report from Bloomberg, institutional investors don’t have much of an ‘appetite’ for digital currencies. The opinion comes from one Nikolay Storonsky, who formerly traded for Credit […]