Korea Institute of Finance Director: Crypto Custody is Key in Rapid Growth

Korea Institute of Finance Director: Crypto Custody is Key in Rapid Growth

TweetShare Gong-pil Choi | Source: researchgate.net Gong-pil Choi, the director of the Korea Institute of Finance, said that custody in crypto is crucial in eliminating hacking fears and facilitating the growth of the market. The Korea Institute of Finance, an agency that works with the government to research and evaluate financial policies to bolster the…

EOS Rallies Again as China Rates its Blockchain the Best

EOS Rallies Again as China Rates its Blockchain the Best

TweetShare Where other cryptocurrencies hiked over recent days, EOS has been slower most recently, until today. Now EOS price has risen over 8% in the last 24 hours. On December 17, 2018, EOS showed a substantial recovery reaching 35% gains before stabilizing between the December 18 and today. Now EOS is moving again. EOS Price…

Crypto Crash Offers Investors Tax Write-off Opportunity

Crypto Crash Offers Investors Tax Write-off Opportunity

TweetShare Crypto assets are not subject to “wash sale” regulations which prevent investors from purchasing securities within 30 days of disposing of a loss-making asset. Amidst a dreadful year for crypto investors, a significant upside to the dismal performance of their assets could be that the losses could end up saving them a significant amount…

Bitcoin Network Loses Nodes and Difficulty, Militants Use Crypto In Struggle to Secede, NYU Professor Goes Off The Rails, and More: Last Week In Crypto

Bitcoin Network Loses Nodes and Difficulty, Militants Use Crypto In Struggle to Secede, NYU Professor Goes Off The Rails, and More: Last Week In Crypto

TweetShare Bitcoin Price Recovery Alongside Network Changes The Bitcoin price came back from the brink this week, reaching nearly $4,000 by Sunday. Analysts were at times throughout the week worried that it would lose support around $3,400 and then drop beneath $3,000, but this hasn’t happened. At the same time, however, two important Bitcoin network…

Cryptocurrencies Could Outperform All Other Assets in 2019

Cryptocurrencies Could Outperform All Other Assets in 2019

TweetShare As other asset markets, particularly the stock markets, enter a bear market some believe cryptocurrencies have a chance at being the best performing asset class next year. Travis Kling, a self-proclaimed ex-equities portfolio manager who “fell down the crypto rabbit hole” and is now heading up the cryptocurrency asset management firm Ikigai, tweeted today:…

Investor: Binance Most Trusted Crypto Exchange Despite Light Regulation

Investor: Binance Most Trusted Crypto Exchange Despite Light Regulation

TweetShare Su Zhu, the CEO of FX hedge fund Three Arrows Capital, has said that Binance, the largest crypto exchange in the global market, is also the most trusted among investors within the digital asset community. Citing a poll ran by a small cryptocurrency exchange, Zhu said: Interesting that @binance, a lightly regulated exchange, has…

Op-Ed: Does the Video Game Industry Really Need Blockchain?

Op-Ed: Does the Video Game Industry Really Need Blockchain?

TweetShare No. You may have expected a different answer to come from a blockchain video game developer, but that’s the truth. Gaming does not need blockchain. In fact, there are a lot of great features that gaming doesn’t need. Games did just fine before online multiplayer was available, or before the quicksave option became popular…

Bitcoin Sports Books: Chicago Bears and LA Rams Favored Today

Bitcoin Sports Books: Chicago Bears and LA Rams Favored Today

TweetShare Will the San Francisco 49ers Upset The Chicago Bears today? According to BitcoinsOddsChecker, the various online Bitcoin sports books which offer odds on NFL games are favoring the Chicago Bears, the LA Rams, and the Denver Broncos the most. Some gamblers may have taken the odds on the Bills prior to the match as…

US Stock Market Chalks up Huge Weekly Losses; Bitcoin, DXY Impress

US Stock Market Chalks up Huge Weekly Losses; Bitcoin, DXY Impress

TweetShare The US stock market posted huge losses ahead of the holiday close as investors absorbed the Federal Reserve’s interest rate hike and a bunch of other bearish economic data. White House trade advisor Peter Navarro said Friday that the trade war between the US and China would not come to an end in near-term.…

Reports: Investors Lost Homes as Bitcoin Crashed, Are Stocks the Same?

Reports: Investors Lost Homes as Bitcoin Crashed, Are Stocks the Same?

TweetShare Sky News, a British TV station and mainstream media outlet, reported that investors lost homes as the Bitcoin price crashed. But, the same argument can be applied to the stock market, real estate, and every other major market. The report claimed that investors put up their homes as collateral to receive loans and invest…