Tag Archives: Bitcoin & Blockchain Investments

Bitcoin Investor Who Lost $1 Million: Crypto Still ‘a Force for Good’

A bitcoin investor who lost $1 million in the bear market still believes the original cryptocurrency is a “force for good.” However, Peter McCormack warns others to be more careful with their money. “I wish I had taken everything out before the bubble burst,” McCormack wrote at the Guardian. “I have earned money in the past through hard… Read More »

Why Goldman Sachs Suddenly Starting Bitcoin Business is Unrealistic: SolidX

CEO of SolidX Partners Daniel H. Gallancy According to Daniel H. Gallancy, the CEO of SolidX Partners, it was unrealistic to anticipate Goldman Sachs to run a Bitcoin business before the year’s end. Speaking to Bloomberg, Gallancy, who has been working with a major investment firm in VanEck to introduce a Bitcoin exchange-traded fund (ETF) in U.S. markets,… Read More »

World’s First Regulated Blockchain Real Estate Crowdsale Platform Launched in Switzerland

Advertisement blockimmo Tokenized assets are here to stay. The current race is about who can get regulated products to the market first and then who can successfully gain user adoption. While several projects have purported to tokenize real estate assets, blockimmo is the first to do it within the bounds of existing regulations in two jurisdictions. The blockimmo… Read More »

Pro-Crypto French MPs Want to Invest 500 Million Euros to Make France ‘Blockchain Nation’

Advertisement Two pro-crypto members of the French Parliament (Parlement français) want the country to invest up to 500 million euros in blockchain programs to elevate France as a “blockchain nation.” Deputies Jean-Michel Mis and Laure de La Raudière released a report on Dec. 12 outlining 20 proposals to support the development and mainstream adoption of blockchain, according to… Read More »

World’s Largest Financial Institutions are Still Placing Big Bets on Crypto

Advertisement Sequoia, Baidu, Nasdaq, and Fidelity are amongst some of the largest VCs, technology conglomerates, and financial institutions to make big bets on crypto in the past week. Despite the bear market which has led major cryptocurrencies to lose about 80 to 90 percent in value on average, both digital asset-related businesses and blockchain protocols are raising tens… Read More »

Crypto Firm Galaxy Digital is Losing an Average of $15 Million every Month

Advertisement Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Galaxy Digital Holdings LP, the cryptocurrency merchant bank founded by prominent crypto investor Mike Novogratz, announced losses totaling $41 million for Q3 2018, bringing the total losses for the year so far to… Read More »

Full Crypto: Overstock CEO Patrick Byrne Selling Retail Business to Focus on Blockchain

Advertisement Twitter Facebook LinkedIn Overstock’s highly-touted tZero project has been something of a money pit for the company, costing nearly $170 million in overall development costs with no live product yet available. Medici Ventures, Overstock’s blockchain investment arm, has acquired additional subsidiaries on the order of several more millions of dollars in an effort to expand its crypto portfolio.… Read More »

European Union Invites Major Banks to Join Blockchain Forum

Advertisement Twitter Facebook LinkedIn The EU is in the process of establishing a blockchain forum and has invited at least five major banks including BBVA and Santander. The purpose of the IATBA (International Association for Trusted Blockchain Applications) is to “ develop a trusted, secure and resilient European Blockchain Services Infrastructure meeting the highest standards in terms of… Read More »

Israel: Tel Aviv Investment Firm Silver Castle Launches Trio of Crypto Funds

Advertisement Twitter Facebook LinkedIn The infrastructure for institutional investors in the crypto market continues to gain steam despite this year’s relentless bear market. Most recently, Israel-based crypto investment fund Silver Castle, which targets institutional and accredited investors, unveiled two crypto funds in November with another fund waiting in the wings and is targeting $50 million in assets under management… Read More »

Israel: Tel Aviv Investment Firm Silver Castle Launches Trio of Crypto Funds

Advertisement Twitter Facebook LinkedIn The infrastructure for institutional investors in the crypto market continues to gain steam despite this year’s relentless bear market. Most recently, Israel-based crypto investment fund Silver Castle, which targets institutional and accredited investors, unveiled two crypto funds in November with another fund waiting in the wings and is targeting $50 million in assets under management… Read More »