Bitcoin

Bitcoin Not Correlated With Stock Market, Fund Manager Says

Anthony Pompliano maintains that Bitcoin shares no correlation with the traditional stock market. For the Morgan Creek Digital Assets chief, there is only at best a minor psychological relationship between both asset classes brought on by traders with diversified portfolios containing stocks and cryptos. Bitcoin has Proven to be Non-Correlated Speaking to CNBC on Wednesday (Dec. […]

Crypto News

‘Crypto Congressman’ Floats Blockchain to Help Fund Trump’s Border Wall

Advertisement Yesterday, US Rep. Warren Davidson (R-OH) stated in an interview with NPR that blockchain technology could potentially be used as a means to fund the border wall that has become little more than a political football in Congress, with President Donald Trump recently threatening a government shutdown if congressional Democrats fail to deliver funding for […]

Bitcoin

New Data Shows Grayscale Fund Quietly Buying Bitcoin – Now Controls 1% of Supply

Grayscale investors and a few Ethereum whales have reportedly been accumulating more Bitcoin and Ethereum as the price is at yearly lows. Grayscale Has 1%  of Bitcoin Circulating Supply While 2018 continues to be a challenging year for cryptocurrencies, some big-money players are taking advantage of lower prices to increase their virtual currency holdings. According to […]

Blockchain

$30M Shanghai-Based Cryptocurrency Trading Fund to Launch in Early 2019

Shanghai-based digital asset management company is reportedly set to launch a new cryptocurrency trading fund in partnership with an unnamed licensed asset manager in Hong Kong. Cryptocurrency Trading Fund: Arbitrage Strategy Point95 Global – a digital asset management firm based in Shanghai, is reportedly planning to set up a new cryptocurrency trading fund in partnership […]

Crypto News

North Korea Hacked Crypto Exchanges and Ran ICOs to Fund Regime: Report

Advertisement Twitter Facebook LinkedIn According to cybersecurity firm Inksit Group, state-funded hackers in North Korea have been targeting crypto exchanges in South Korea to circumvent various sanctions imposed on the regime. The security firm alleged the government of North Korea of running illicit initial coin offering (ICO) projects and breaching into large crypto exchanges. “We […]