Won’t Archives | Digital Money Times

Crypto Will Survive Bear Market But Won’t Replace Money: Allianz Chief Economist

November 30, 2018 By Mark Lyford Leave a Comment

Crypto will survive the current market sell-off because it’s here to stay. However, cryptocurrencies won’t replace fiat money anytime soon. That’s the assessment of Allianz chief economist Mohamed El-Erian. “Cryptocurrencies will exist. They will become more and more widespread, but they will be part of an ecosystem,” El-Erian said at the Consensus: Invest conference in New York. “They … Continued

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Vinny Lingham bets Ronnie Moas $20k that bitcoin won’t hit $28K by 2019’s end

November 20, 2018 By Mark Lyford Leave a Comment

On the first-ever World Crypto Con’s final day earlier this month, Civic.com co-founder and CEO Vinny Lingham betted Standpoint Research founder and director Ronnie Moas $ 20,000 that bitcoin’s price will not hit $ 28,000 on a “reputable exchange” by the time 2019 ends. The bet’s loser has to donate t…

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Binance Lists Both Bitcoin Cash Forks But Won’t Change the Symbols

November 17, 2018 By Mark Lyford Leave a Comment

Thursday’s Bitcoin Cash (BCH) hard fork has left the crypto community on the edge of their seat, waiting for a clear-cut winner between Amaury Séchet’s Bitcoin ABC and Craig Wright’s nChain to emerge. While the early frontrunner looks to be BCHABC, Wright continues to assert that the ‘Hash War’ is not a sprint but instead a drawn-out affair. That being said, many […]
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‘Nuclear Option’: ABC Dev Won’t Rule out Changing Bitcoin Cash PoW Algorithm

November 13, 2018 By Mark Lyford Leave a Comment

The Bitcoin Cash civil war is just days away from culminating in a contentious blockchain split, and the lead developer of the faction with the minority hashrate has advised that the development community should “get a patch ready” in case they need to pursue an emergency hard fork to change the cryptocurrency’s Proof-of-Work (PoW) algorithm.

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SWIFT Won’t Be Integrating With xRapid, XRP or RippleNet

November 7, 2018 By Mark Lyford Leave a Comment

SWIFT , the global payments network has been shooting down rumours that its platform will begin to integrate with Ripple’s suite of software solutions for cross-border payments.

SWIFT is updating its protocol standard this month and is also letting its customers know that they should upgrade to the firm’s new global payments platform called SWIFT gpi. News regarding the upgrade led to a mixture of different rumours about the SWIFT gpi that it would make the XRP powered payment solution xRapid and RippleNet available to thousands of banks on the SWIFT network. Read more...

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‘Godfather of ETFs’: Regulators Won’t Approve Bitcoin ETF Anytime Soon

November 2, 2018 By Mark Lyford Leave a Comment

Reggie Browne, who is a senior managing director of the ETF group at Cantor Fitzgerald, isn’t holding his breath for a bitcoin ETF. Despite the determination of crypto asset managers jumping through hoops to satisfy US regulators, Browne, who earned the nickname as “the Godfather of ETFs” from Forbes for his influence over the $ 4.7

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BlackRock Won’t Launch Bitcoin ETF Until Crypto Is ‘Legitimate,’ Says CEO Larry Fink

November 1, 2018 By Mark Lyford Leave a Comment

BlackRock — the world’s largest asset manager and ETF provider — has slowly been warming to crypto, but will not launch a bitcoin exchange-traded fund (ETF) until the industry becomes “legitimate,” said CEO Larry Fink. “I wouldn’t say never — when it’s legitimate, yes,” Fink said at the New York Times Dealbook conference, as reported by CNBC.

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Fidelity Won’t Build Its Own Exchange, Focused on Bitcoin Custody, Exec Confirms

October 28, 2018 By Mark Lyford Leave a Comment

Tom Jessop, President of Fidelity Digital Asset Services says that the asset manager will take crypto to the next level by enhancing the sector and providing a secure Bitcoin custody solution so institutional investors can get a piece of the crypto pie.

Bitcoin Custody Solution Will Remove Barrier

In the most recent episode of her Unconfirmed podcast, Laura Shin interviewed Fidelity president of Digital Asset Services Tom Jessop. The two had a cryptocurrency and blockchain focused discussion about the company’s plans to help develop the Bitcoin 00 and cryptocurrency market to a higher level of functionality and value. Read more...

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TRX Won’t Slow Down, Check Out TRON’s Latest Announcements

October 11, 2018 By Mark Lyford Leave a Comment

Listen Here – https://soundcloud.com/cryptodaily/trx-wont-slow-down-check-out-trons-latest-announcements

TRON and the TRON Foundation have made very exciting progress through the start of October and continue to impress the crypto community. Granted, the value of TRX is still stagnant, however this doesn’t have any reflection on the progress of the TRON Foundation. Just because TRX is down low, it doesn’t mean the TRON team aren’t working hard in the background. TRX is down as a result of the bear market and the organic nature of this regressive market. When the markets turn round, we can hope that TRX will be one of the first cryptos to fly high. As it stands though, we can’t even begin to guess when this may happen. Read more...

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Brazil: XP Investimentos’ Crypto Exchange Won’t Let Users Deposit or Withdraw Bitcoin

October 11, 2018 By Mark Lyford Leave a Comment

The website of XDEX, the cryptocurrency exchange launched by Brazil’s biggest investment firm, XP Investimentos, is already up and accepting pre-registrations. It adds a few details on the crypto exchange, including that users won’t be able to send BTC to and from their personal wallets. The website, first spotted by local news outlet Portal do … Continued

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Russian Law Won’t Mention ‘Cryptocurrency’, Russians Won’t Stop Trading

September 20, 2018 By Mark Lyford Leave a Comment

Russia is preparing for the long-awaited legislation tailored to regulate its crypto space. According to the latest reports from Moscow, the term “cryptocurrency” has been taken out of the legal texts. Nevertheless, Russians have no reasons to doubt the existence of the decentralized electronic cash. They have many options to get involved in cryptocurrency, regardless of what the law says about it.

Also read: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub Read more...

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Stablecoins Won’t Fix Bitcoin’s Instability: Berkeley Prof.

September 11, 2018 By Mark Lyford Leave a Comment

Prof. Barry Eichengreen, an economics professor at UC Berkeley, in an op-ed published in The Guardian, said he believes stablecoins such as tether (USDT) might be stable in value and attractive as units of account, but they are flawed. His piece comes on the heels of the launch of the Gemini dollar (GUSD) by the

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UK Regulator’s Chief ‘Won’t Rule Out Roles’ for Cryptocurrencies, Warns of Risks Anyway

September 11, 2018 By Mark Lyford Leave a Comment

The chief executive of the United Kingdom’s primary financial regulator has called for a balanced approach in nurturing the benefits while narrowing out the risks of cryptocurrencies. In a speech during the regulator’s Annual Public Meeting on Tuesday, Financial Conduct Authority (FCA) chief Andrew Bailey outlined four specifically chosen operational risks that figure within the

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Litecoin Founder Says He Won’t Buy Back LTC After Dumping His Coins Last December

August 29, 2018 By Mark Lyford Leave a Comment

Charlie Lee, the founder of Litecoin (LTC), is not considering purchasing LTC after notably “selling and donating” all of his holdings last December when the price was at all all-time high, in an effort to dispel ongoing criticism of insider trading activity. Litecoin creator Charlie Lee says he wouldn't buy back his #litecoin. Here's why. pic.twitter.com/ghZSHq1VMb — CNBC's […]
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Charlie Lee: I Won’t Buy Back My Litecoin ‘At All’

August 28, 2018 By Mark Lyford Leave a Comment

Litecoin's Charlie Lee: Buy At Least 1 Bitcoin... Before Litecoin

Litecoin creator Charlie Lee is not planning to buy back the litecoins he sold “any time soon or at all” after he sold his entire holdings nine months ago.

Buy The Slide

That was the response to a question during an appearance on CNBC August 27, during which Lee discussed Bitcoin 00 and Litecoin price 00 performance and adoption.

“For me, I sold because of a conflict of interest,” he told host Melissa Lee when she asked whether Litecoin’s current price of $ 58 represented a “buying opportunity.”

Bitcoin Price Watch: Currency Remains as Is, Likely Won’t Reach Five Figures

August 22, 2018 By Mark Lyford Leave a Comment

At press time, the price of everyone’s favorite cryptocurrency remains unchanged. Bitcoin is still trading in the $ 6,400 range and hasn’t moved from this spot for the past few days.

The word is out that bitcoin isn’t likely to reach the $ 10,000 mark by the end of the year. This goes against everything many analysts, including Fundstrat’s main bitcoin bull Tom Lee, have been saying for the past several months.

Here’s Why One Of The World’s Most Successful Investors Won’t Touch Bitcoin

August 22, 2018 By Mark Lyford Leave a Comment

We have to look at the success of traditional investors with the respect that many of them deserve. Some people have built a life on wise placed investments and therefore, when they speak, we should heed their warnings. The likes of Warren Buffett, one of the most prolific investors of all time may seem a little old school now in his views surrounding Bitcoin, but he’s always worth listening to, since he is considered to be one of the best in the field.

Continue reading Here’s Why One Of The World’s Most Successful Investors Won’t Touch Bitcoin at Crypto Daily™. Read more...

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Ethereum Co-Founder Joseph Lubin: Crypto Market Slump Won’t Curtail Growth

August 19, 2018 By Mark Lyford Leave a Comment

Ethereum co-founder Joseph Lubin said that he does not see the recent slump in cryptocurrency prices as a constraint to growth in the market. In a recent interview with Bloomberg, Lubin said the collapse in prices is not a new development as it has always been present in the “blockchain ecosystem since 2009 when Bitcoin

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The TRON x BitTorrent Partnership Won’t Make A Difference For Another 20 Years

August 17, 2018 By Mark Lyford Leave a Comment

As many of you will know, the TRON Foundation recently made the purchase of BitTorrent, the online peer to peer file sharing service that was once built to make the internet more democratic. It made sense for TRON to make this acquisition, as we know, their end goal is complete online democracy too, so instead of working against each other, why not epitomise democracy, and work together?

It was a huge acquisition, BitTorrent has around 100 million users, all of whom have been guaranteed a home within the TRON network. Read more...

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Mt. Gox Bitcoin Stash Worth $1.3 Billion Won’t Move Before Summer 2019

August 3, 2018 By Mark Lyford Leave a Comment

The latest chapter in the Mt. Gox saga reveals that creditors are looking to be paid in Bitcoin with the first payment expected no earlier than next summer after the approval of the rehabilitation plan.

BTC Payments Will Be Most ‘Simple and Efficient’

A revised civil rehabilitation proposal document published August 2 by lawyers representing several Mt. Gox creditors notes that the first payments to creditors are expected in summer 2019.

“Mt. Gox is not capable of returning all BTC deposited by creditors,” it reads. “Accordingly, we consider that all assets of Mt. Gox should be distributed to creditors and not to shareholders.” Read more...

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