Tag Archives: Emerging Markets

KPMG: Cryptocurrency Still Far Away From a Store of Value

When Moon? Not soon according to the talking heads at KPMG. Bitcoin and other cryptocurrencies will require a bit more time before they truly function as a reliable store-of-value. We Ain’t There Yet, Says KPMG Whereas in August, KPMG reported that the blockchain industry was maturing and moving beyond experimentation, the latest study authored by KPMG, says Bitcoin and… Read More »

How To Buy S&P 100 Stocks With Bitcoin

How to buy stocks with bitcoin? Perhaps surprisingly, stocks and shares have been unnecessarily difficult to buy using bitcoin, despite many brokers offering trades in both. However, trading platform WorldMarkets.io has just listed the entire Standard and Poor 100 stocks, to trade against bitcoin. Buy Stocks With Bitcoin: Rare As Hens Teeth Despite the seemingly natural cross-over in the two… Read More »

The ‘Wal-Mart’ of Venezuela Has Started Accepting Bitcoin

As Venezuela is in the grip of hyperinflation, a large local Wal-Mart-like department store has started to accept bitcoin for goods. Cryptocurrencies: A Viable Alternative More and more are cryptocurrencies establishing themselves as a viable alternative to Venezuela’s redenominated local currency the Sovereign Bolivar. TRAKI, a large local department store, has purportedly started to accept cryptocurrencies. According to… Read More »

IMF’s Lagarde Says It’s Time to Consider State-Issued Digital Currencies

Head of the International Monetary Fund, Christine Lagarde, said that central banks should consider issuing state-backed digital currency. The IMF head gave her advice during a speech delivered at the Singapore Fintech Festival. Digital or Crypto? In the speech, Lagarde addressed the ever-changing nature of currency through the ages, towards the digital cashless model of tomorrow. She went… Read More »

Isle of Man Tightens Requirements for Cryptocurrency Businesses & ICOs

The Isle of Man recently updated its Designated Businesses Registration policy concerning cryptocurrency companies operating in the British Crown dependency.  Isle of Man Posts New Requirements The Island’s financial regulators also wish to sanitize the local virtual currency scene, doing away with projects that have zero utility. Details of the policy changes form part of the updated Designated… Read More »

Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’

Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this week. Bitcoin to ‘New All-Time High’ as Stock Market Slumps A drop in share prices for both Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, leading Keiser… Read More »

Stablecoins Are ‘The Craze Right Now,’ CoinJar Co-Founder Says

CoinJar co-founder Asher Tan says the subject of stablecoins is beginning to gain prominence in the cryptocurrency narrative. Many stakeholders in the digital currency space believe stablecoins may be the next big thing in the industry. Stablecoins are the Future Stablecoins remain regular fixture in the cryptocurrency news circuit. From the controversy surrounding Tether (USDT) — the most… Read More »

How To Mine Bitcoin More Efficiently…Use An Actual Mine in Norway

Bitcoin mining is unquestionably a costly business, but Northern Bitcoin claims to have cut expenses by using a former metal mine in Norway. Innovation Station Bitcoin mining is unquestionably a costly business, both in financial and ecological terms. But Northern Bitcoin claims to have cut their price and energy costs by utilizing a former metal mine in Norway. Depending… Read More »

Raising Questions: How Much Have ICOs Raised this Year?

This time last year ICOs were massive news and raised funds totaling over $6 billion throughout the whole of 2017. Despite the downturn across the crypto market, ICOs have continued to grow. But ‘by how much?’ is not so straightforward to answer. How Long is a Piece of String? The short answer is, “It depends who you ask.”… Read More »

Nasdaq Says It Can Stop Cryptocurrency Market Manipulation

Nasdaq says it can lead the fight against market manipulation and fraud that has been plaguing the cryptocurrency market. In fact, a few exchange platforms are already adopting the exchange operator’s market surveillance technology. Helping to Combat Cryptocurrency Fraud According to Bloomberg, the U.S. stock exchange behemoth believes it can solve some of crypto’s issues – fraud and… Read More »