Tuesday, November 20, 2018
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Cryptocurrency Is ‘a Big Deal’ But Needs Institutional Investment, Says KPMG Report

Netherlands-based ‘Big Four’ auditor KPMG released a bullish report on cryptocurrency Nov. 15. The report argues that institutional investors must join the industry for it to “realize its potential.”The report, dubbed ‘Institutionalization of Cryptoassets,’ focuses on why and how institutional investors should enter cryptocurrency, along with “challenges” the process faces

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World’s First Cryptocurrency Exchange Traded Product to Launch in Switzerland

The world’s first multi-crypto Exchange Traded Product will officially trade next week on Switzerland’s Principal stock Exchange – the SIX Swiss Exchange. Amun ETP’s approval by SIX The SIX Swiss Exchange has approved the world’s first crypto-based Exchange Traded product (ETP) to trade on its platform. The new ETP will index

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New Cryptocurrency Platform Offering Free, Instant Transactions

Elisia, a new cryptocurrency platfom is currently providing lightning speed free transactions, allowing potential users to develop Decentralized Applications (DAPPS). The Elisia token sale commences from November 30th around 6 AM, GMT. The estimated token price is about 0.0001 ETH, and the overall token supply is 1,000,000,000 ELSA.For the past

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Central Bank Doesn’t Plan to Issue Its Own Cryptocurrency

The Central Bank of Azerbaijan (CBA) does not plan to issue a state-backed cryptocurrency because of the “great risks,” English-language Azerbaijani news outlet AzerNews reported Nov. 15.Alim Guliyev, the first Chairman at CBA, underlined that since digital currencies “come with great risks,” the CBA is not intending to launch a

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Bitcoin (BTC) Crash! Price Plummets to One-Year Low as Cryptocurrency Market Sees Red

Bitcoin (BTC) fell by more than 11 percent on Wednesday to reach its lowest level since October 2017. This sudden fall comes after months of contracting volatility leading to a prolonged period of sideways trading and stability. Presently, numerous theories are circulating as to why the top-ranked cryptocurrency has taken

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Cryptocurrency Exchange Bithumb to Give Away Bitcoin, Ether, and XRP in Airdrop Event

Bithumb, one of the biggest cryptocurrency exchanges in South East Asia and Korea in particular, has announced a ‘Super Airdrop Festival’ that any registered trader can participate in. In a Twitter post published November 12, 2018, the company said that the highlight of the event is a giveaway involving 15

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IMF Vows to Continue ‘Devoting Attention’ to Blockchain, Cryptocurrency in Fintech Drive

The International Monetary Fund (IMF) said it plans to use its ongoing research and experimentation with blockchain as an “anchor” for its future policy on the technology in comments Nov. 12.Speaking on a panel with Ripple CEO Brad Garlinghouse during the Singapore Fintech Festival 2018, IMF Deputy General Counsel Ross

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