Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin

Jim Cramer, host of CNBC’s Mad Money, argued that Bitcoin may have reached its peak. His comments come as the cryptocurrency market dropped below $200 billion in value, with Bitcoin struggling with the $6,000 mark. In June 2018, the former hedge fund manager said the leading virtual currency could eventually be worth $1 million one

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Noah Coin is Attempting to Enter the Tokyo Stock Exchange

Noah Coin (NOAH), which ranks 143 in the cryptocurrency market with a capitalization of $33 million, is seeking to enter the Tokyo Stock Exchange (TSE) by taking control of China-linked company Beat Holdings. Having worked to distance itself from Bitcoin et al., the Japanese exchange operator feels “troubled” with the news, according to one official.

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Japan to Focus Cryptocurrency Regulation on Speculative Investments

The Financial Services Agency, the government agency that oversees banking, securities, and exchange services in Japan, plans to set up stricter requirements on cryptocurrencies and its use for speculative purposes. Japan Regulator May Impose Cap on Cryptocurrency Trading Leverage Bitcoin and other cryptocurrencies have mainly become tools for speculative investment in recent months. Recently, a

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Goldman Sachs Considers Offering Cryptocurrency Custody Services

New York-based multinational investment bank Goldman Sachs is making another step forward in its bet on the cryptocurrency market. The firm, led by chairman and CEO Lloyd Blankfein, is reportedly considering a plan to offer custody for cryptocurrency funds. A large and credible institutional player becoming a custodian could be the news the crypto industry

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Barclays Sets Up Digital Asset Team to Explore Crypto Trading

British multinational investment bank and financial services company Barclays is reportedly looking to join the cryptocurrency hype among institutional players. Barclays Appoints Chris Tyrer to Lead Digital Assets Project A few months ago, Jes Staley, Barclays CEO, ruled out launching their own virtual currency trading desk. However, the bank has reportedly created a “digital assets

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Starbucks, Microsoft, and ICE to Launch Bitcoin Payments Provider

Big corporate names, including Starbucks, Microsoft, and Intercontinental Exchange, are partnering up to launch an integrated platform that enables consumers and institutions to buy, sell, store, and spend digital assets on a seamless global network. Leveraging Microsoft’s cloud solution, the open and regulated global ecosystem for digital assets may be the tool Starbucks was looking for

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Monero Wallet Bug Sees Altex Exchange Suffer Major Loss

Monero was found to be carrying a bug which allowed theft from digital currency exchanges, according to the researcher who found the security hazard. In order of severity, the bug was ranked nine out of a possible 10. Bug bounty hunter Jason Rhineland disclosed that the exploit may be currently underway. Bug Bounty Hunter Discovers

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Crypto to Benefit from Queensland’s AU$8.3 Million Innovation Fund

The Queensland government is stepping up efforts to put the country in the lead in the global race on blockchain and cryptocurrency. The state, with nearly five million people, has announced an investment plan of AUS$8.3 million (US$6.14 million) to boost innovation, including the distributed ledger technology ecosystem there. Queensland, Australia Funds Cryptocurrency Startups to

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Binance Acquires Cryptocurrency Wallet Provider, Vows to Make More Deals

Mergers and acquisitions (M&A) are a common theme within the capital markets industry and as the cryptocurrency ecosystem matures, M&A announcements are expected to follow the same trend. The news today is that Binance, one of the world’s largest virtual currency operators, has acquired cryptocurrency wallet provider Trust Wallet in an effort to give control

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Blockchain May Add $5 Billion to Indian Economy In The Next Five Years, Expert Says

Distributed ledger technology may add $5 billion to Indian economy in the next five years, according to NASSCOM’s VP Industry Initiatives. The non-profit trade association, which represents the sector of software and services companies in the country, has backed blockchain technology for many years. NASSCOM Promotes Blockchain In India for Its Potential for Economic Growth

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