Blockchain
$800 in 1 Hour: Bitcoin Price Drops Big to Near $9K
- March 12, 2018
- Posted by: admin
- Category: Blockchain, Business, Research
Bitcoin`s price dropped sharply for the second day in a row, despite recovering to past $10,000 after Wednesday`s fall. Coinbase has hired a former New York Stock Exchange executive, the startup announced Thursday.
US Congress to Discuss ICOs in Hearing Next Week
- March 12, 2018
- Posted by: admin
- Category: Blockchain, Technology
A subcommittee of the House of Representatives Financial Services Committee is set to hold a hearing next week on cryptocurrencies and ICOs. Litecoin and bitcoin cash are logical candidates for inclusion this year.
Bitcoin Dropped 20% But Wasn`t Week`s Big Crypto Price Loser
- March 12, 2018
- Posted by: admin
- Category: Blockchain
How bad were the crypto markets this week? Bitcoin lost nearly one-quarter of its value and it still wasn`t the week`s big loser. Star Xu, the founder of Chinese crypto exchange OKCoin, is sparking controversy with remarks his firm may be open to working with the government.
Tennessee Is Closer to Barring Retirement Funds from Crypto Investments
- March 12, 2018
- Posted by: admin
- Category: Blockchain, Business
The Tennessee Senate Ways and Means Committee has voted to advance a bill banning public retirement trusts from investing in cryptocurrencies. “Keeping the dogs at bay” is Rep. Tom Emmer`s goal. The Congressional Blockchain Caucus member worries overzealous regulation could stifle innovation.
Congress Eyes Federal Cryptocurrency Regulation
- March 5, 2018
- Posted by: admin
- Category: Blockchain, Business, Technology
Newly conceived ICOs are raising at valuations in the hundreds of millions and the same venture investors that would scoff at a $500 million valuation in the “real world” are lining up to buy tokens with no recourse and without any regards for valuation. Valuation is the least important factor instead of the most. And as a result, there are 24 early-stage crypto assets with a valuation over $1 billion, most of which only have one value proposition: speculation.
Whack-a-Mole Won’t Beat Crypto Evasion
- March 5, 2018
- Posted by: admin
- Category: Blockchain
What tends to get investors into trouble is conflating “interesting asset” with “interesting at any price”. I`m fascinated by the vision for a “world computer”. But that alone doesn`t mean Ethereum is a high expected value bet at a $100 billion valuation.Objective merit alone is about as good of a predictor of price increases as Jamie Dimon`s forecasts are.
