Jul 03, 2019 at 09:13
Berkeley City to Issue Blockchain Municipal Microbonds
The city of Berkeley, California, plans on issuing municipal microbonds based on blockchain technology. The Microbond Initiative is focusing on issuing bonds which are pocket-friendly – minimum of $25 – so that members of the community could directly invest in feasible public projects. The initiative is expected to proceed through a request for data that will invite the sector to bring forth qualified applications.
Jun 08, 2019 at 11:05
Cryptocurrency Community in Italy Looks Into Bitcoin Economy
After the protracted bear market for Bitcoin, confidence and optimism has once again returned to the cryptocurrency community. A widespread positive sentiment is now clearly visible in the perspectives of blockchain and cryptocurrency dealers operating within Italy. But what are some of the reasons behind the recent recovery of cryptocurrencies? Most investors have focused on concerns over capital controls in China and most especially on the security race due to global geopolitical tensions, such as the US-China trade war.
Jun 05, 2019 at 12:10
Bitcoin Market Could be Affected by Trade War Caused Downfall
Based on the current quagmire of geopolitical conditions, the entire globe could see another big recession within the next nine months, especially if the trade war is prolonged, expert economists reveal. Both the Bitcoin, cryptocurrency and traditional markets could be affected.
Bitcoin and Other Cryptocurrencies are Booming on the African Continent
Despite hacking scandals and high volatility, Africans continue to use cryptocurrencies for speculative, investment, and savings purposes. This highly perceptive continent of technological innovations has become a new El Dorado for digital currencies, which store transactions in a public and ultra-secure database called blockchain.
Another Bitcoin ETF Suspended: How Long Must We Wait?
The United States (US) Securities and Exchange Commission (SEC) postponed another VanEck Bitcoin ETF approval, as per an authorized SEC filing on Monday. The US SEC, one of the agencies in charge of implementing federal securities law, as well as regulating the securities sector, stock and exchanges such as digital securities markets, said that it still needs time to collect more key information.
Fidelity Presents Cryptocurrency Trading Service to Investors
A few weeks from now, the giant financial service provider Fidelity Investments will purchase and sell cryptocurrency to institutional investors, Bloomberg reports. The giant spends more than $2.5 billion annually on innovative technologies such as blockchain, crypto, artificial intelligence, etc. Bitcoin (BTC) is up over 55% in 2019.
Cryptocurrency Firm Bakkt Earns a $740M Valuation in Series A Funding
Bakkt – owned by Intercontinental Exchange (ICE) has netted a $740 million valuation after raising more than $182 million in a Series A funding round in 2018, according to The Block, the crypto news outlet. The company sold over ¼ of its shares to investors to hit the current valuation.
Bitcoin Bull Run Expected in August, Tom Lee Says
As investors continue to recover from the bearish market, the co-founder of Fundstrat Global Advisors Tom Lee remains optimistic and expects the next Bitcoin bull run to begin in August or September this year – which is five to six months from today. Lee has been making cryptocurrency predictions and comments for years.