Bitcoin Cryptocurrency News

Research: Blockchain Devices Market Will Be Worth $1.2B in 5 Years

The market for blockchain devices will grow about fivefold in the next five years, making big annual leaps. This is the vision of Markets&Markets proprietary research. Blockchain Devices to Gain by 42% Annually The market for devices dedicated to cryptocurrency or having blockchain-connectivity features will grow by leaps of more than 40% each year, the Read more…

Bitcoin Cryptocurrency News

How a Generational Paradigm Shift Will Confirm Bitcoin Safe Haven Status

The bitcoin safe haven debate has been raging recently as global recession fears mount. Central banks and governments are actively putting the brakes on their economies in order to protect themselves, but this does no favors for the masses and their paper money. A generational paradigm shift on this disruptive technology could be the best Read more…

Bitcoin Cryptocurrency News

Bitcoin Looks Attractive As Negative-Yielding Debt Crosses $17 Trillion

Global negative-yielding debt is now over $17 trillion, making investors extremely nervous. And it is forcing them to focus on non-traditional assets, like bitcoin. Investing in Debt and Holding it to Maturity Guarantees a Loss Investors are becoming increasingly fearful as they see that the soaring negative-yielding debt is altering the global economy. According to Read more…

Bitcoin Cryptocurrency News Ethereum

Grayscale reports assets under management tripled in Q2; all ten products from company show positive growth

Grayscale Investments, a cryptocurrency asset manager reported its Assets under management [AUM] tripling from $926 million to a whopping $2.7 billion, in its Q2 report. Grayscale products like Grayscale Bitcoin Trust and Grayscale Digital Large Cap Fund reported 178.8% and 147.6%, respectively in returns, this quarter. The company noted a strong quarter as the inflow […]

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Bitcoin Cryptocurrency News

Bitmain to Increase Hashrate By 50% With 600,000 New Mining Chips

Showing renewed optimism, Bitmain is increasing its investments in the crypto mining industry. Now, Bitmain is reportedly buying 600,000 new crypto mining chips. As a result of this new investment, the company expects to make over $1 billion in profits. Bitmain to Increase its Capacity By 50% Hash rate The battle to produce fast cryptocurrency Read more…

Bitcoin Cryptocurrency News

Another Case For Bitcoin as Billions Vanish From Savings Accounts Ghana

As many as 70,000 people could be facing financial ruin as a massive crackdown sweeps across Ghana’s banking system. It serves as yet another stark warning that governments and banks are in full control of people’s money. Only decentralized assets such as bitcoin would be immune from such monetary madness. State ‘Cleanup’ Wipes Out Billions Read more…

Blockchain Cryptocurrency News

Indian Firms Big on Blockchain But Gov’t Still Myopic on Crypto

It appears that the Indian government is mirroring China’s movements with regards to blockchain and cryptocurrency. A huge project by Indian mobile network operator, Reliance Jio, plans to roll out the country’s largest blockchain platform, yet lawmakers remain myopic about cryptocurrency. World’s Biggest Blockchain Platform In a series of announcement at the Reliance annual general Read more…

Cryptocurrency News Market

Bitpanda: The Swiss Are True Cryptocurrency Holders

BitPanda, in partnership with GlobalWebIndex, has done an in-depth survey on the identity of the European cryptocurrency holder. Key findings of the study show that both the Swiss and Austrians hold the titles of the highest crypto ownership in Europe At least 7 percent of internet users in Switzerland hold digital currencies. This is one Read more…

Bitcoin Cryptocurrency News

Bitcoin & Beauty Products Powered This Hedge Fund’s Insane 46% Surge

Bill Miller, a former Legg Mason executive and a respected hedge fund manager, has recorded a 46 percent return year-to-date in 2019, with bitcoin and beauty product company Avon as key picks. Miller Value Partners Investors Score 46% Return in 2019 Despite the decline in the price of bitcoin from $14,000 to $9,700 in the Read more…

Cryptocurrency News

$280 Million Real Estate-backed Tokenized Bonds to Be Issued to Investors Worldwide

Fundament, a blockchain firm focused on developing products for the real estate industry, has reportedly obtained approval for issuing a crypto token-backed bond to individual traders and investors. The Berlin-headquartered company announced on July 23, 2019 that it was granted permission by Germany’s financial regulator, BaFin, to conduct a €250 million (appr. $280 million) token Read more…