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Hesse and Saxony, two states in Germany, recently conducted a joint survey of over 1,000 citizens as regards their feelings toward Bitcoin, a German news outlet reports. The findings of the survey probably don’t surprise anyone: younger people were more receptive to the idea of Bitcoin and other cryptocurrencies, with 28% of people aged 18
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With the United States stock market falling under some real pressure during last month, Bitcoin seems to hold support above the $ 6,000 mark and begs the question of whether now is the best time to invest in the leading cryptocurrency.
The Dow Jones Industrial Average was down over 8% from its previous all-time high during October but it is now down by 5%. This contrasts with Bitcoin which is holding steady at around $ 6,400 above major support of $ 6,000. This is a sign that investors are using the digital currencies as a hedge to their portfolios as equities continue to get hit amid a highlighted earnings season.
Celebrities and cryptocurrency have a long and complex history together. Seemingly everyone from boxers to rappers has publicly supported or even endorsed various types of cryptos, from ICOs to bitcoin proper. DJ Khaled and Floyd Mayweather have even been sued over their alleged misrepresentations regarding an ICO they promoted called Centra Tech whose operators were later
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The post B21 to offer crypto asset investing services to users of Rev Group’s Revollet eWallet appeared first on CoinReport.
For several decades, banks and financial advisors have searched for ways to get those without vast resources to invest and save their money. An early example was Bank of America’s Keep the Change program, which rounded up purchases and moved the change to savings accounts. The Need for Passive Investment A few years back, the Lawnmower
The post Shark Tank’s Kevin O’Leary Invests $ 100,000 in Bitcoin Investing App appeared first on CCN
In the cryptocurrency world, there is no shortage of coins and new currencies. Abra, the popular cryptocurrency wallet provider, is issuing its own token. Unlike what other service providers have done, Abra is linking this token to the Bitwise 10 Crypto index.
The new Abra Token Explained
It is rather uncommon to see new cryptocurrency tokens being linked to an investment fund. At the same time, one has to wonder why no one thought of this opportunity sooner. Given the growing demand for exposure to all cryptocurrencies, it is only normal service providers look for ways to streamline the investment process accordingly.
BitFund founder and well-known Bitcoin holder Li Xiaolai said that he is going to stop personally investing into blockchain projects. Instead, he’s focusing on a career change.
One of China’s biggest Bitcoin (BTC) 00 holders, Li Xiaolai, caused a huge stir in the local cryptocurrency community after he announced via Weibo that he would now demur from personally investing into blockchain projects.
According to TechNode, Li wrote:
Li Xiaolai, the founder of Beijing-based venture capital firm BitFund and a widely recognized billionaire Bitcoin investor in China, has publicly stated that he will personally move away from the blockchain and initial coin offering (ICO) space. He said on China’s largest social media platform Weibo: “From this day on, Li Xiaolai personally will not
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Blockchain and cryptocurrencies are considered game-changers in the finance world despite Wall Street’s caution. And when it comes to private equity (PE), an early innovator could enjoy first-mover advantage.
Global private equity deals are valued at $ 150 trillion USD. But barriers and inefficiencies have prevented more people from participating in PE deal flow. These hurdles include minimum investment size, regionalism, a culture of exclusivity, non-liquidity of funds as well as long and uncertain exits.
Bitcoinist shares a few lifehacks that could help investors not to repeat the lessons ICO and blockchain investors learned over the past year.
[Note: This is a guest article submitted by Alexander Borodich]
Many people have begun to forget that, in the last few years, crowdfunding has been a well-loved tool for attracting investments. In that time, along with crowdfunding, blockchain has become the next big thing for investors – and has garnered the most significant funds. Crypto trading revenue may double to as much as $ 4 billion this year according to the research from Sanford C. Bernstein & Co.
Bitmain’s latest funding round is quickly becoming a lot less star-studded. Hong Kong-based financial publication AAStocks reports that both Tencent and Softbank have issued public statements denying their participation in the bitcoin mining giant’s latest funding round, which multiple outlets had said was expected to raise $ 1 billion. Chinese publication QQ had earlier reported that
The post Tencent, Softbank, Deny Investing in Bitmain’s Latest Funding Round appeared first on CCN
The post [Guest Post] 5 things to be aware of before investing in a new cryptocurrency appeared first on CoinReport.
The Bitcoin movement has brought with it a tidal wave of activity in cryptocurrency investments and trading. As a result, crypto market capitalization soared to an all-time high of around $ 820 billion in early January of 2018. But since then, we have seen a massive price decline in this market, leading many to speculate that it could all be a giant bubble.
One trailblazing company that has remained forward-thinking in its approach and advancement amid this persistent downturn is Invictus Capital. Endeavoring to become the “Vanguard of cryptocurrencies,” Invictus features a comprehensive set of fund options and investments for those seeking diversified exposure to cryptocurrency markets.
U.S.-based mobile stock trading app Robinhood has added two new cryptocurrencies to its trading service.
Bitcoin has been an object of serious criticism across the board for a range of reasons. Most notably, though, the first and foremost cryptocurrency faces a barrage of judgment due to its price volatility. Traditional and more conservative investors are taking the chance to label Bitcoin as an incredibly risky investment, as the cryptocurrency lost around 70 percent of its value since January. But how risky is Bitcoin exactly?
Cryptocurrency Investing is Gambling
A recent article on popular finance insight publication The Motley Fool expressed serious concerns about investing in cryptocurrencies. Bitcoin, the largest digital currency by means of market capitalization, was the main object of criticism.
Many of those invested and interested in the cryptocurrency markets were around for the rise and fall of the Dot-com era and birth of the widespread public internet. The Dot-com bubble burst is constantly being used in arguments that cryptocurrency will suffer the same fate, bringing the markets to a crashing close. Are we early to the party, or just in line for disappointment?
Spain’s financial regulator has clarified its position on regulated investment funds investing directly in cryptocurrencies. These type of funds are legal under Law 22/2014, and investments can be made through three types of legal entities.
Funds Directly Investing in Cryptocurrencies
Spain’s National Securities Market Commission (CNMV – Comisión Nacional del Mercado de Valores) recently clarified its position on registered funds investing in cryptocurrencies directly. The CNMV is the Spanish government agency responsible for regulating the securities markets.
As digital asset markets face increased volatility and turbulence, managing a portfolio of cryptocurrencies can be an overwhelming endeavor, even for the savviest of investors.
Ill-equipped with the time, energy and knowledge needed to successfully navigate today’s sea of new investment opportunities, this investor group can find themselves exposed to extreme vulnerabilities and traps in their early stage investment efforts.
A key attribute of blockchain technology and its power to create distributed immutable ledgers is its ability to track assets and currency. This signals a groundbreaking shift from today’s prevailing operational model, one that has the potential to alter the trajectory of how investors engage with the traditional finance sector.
Bitcoin Press Release: Investa give details of their innovative financial platform, and announce their upcoming token pre-sale, beginning May 1st 2018.
10th April 2018, London UK – Investa, the blockchain-based integrated platform for crypto banking have released the details of their Token Sale, which will begin on the 1st of May, 2018. Investa blends fintech, banking and crypto tech into a consumer enabling platform, for mobile financial freedom. The platform is set to roll out throughout 2018, with main releases slated between September and December.