Markets

  In the past week, the cryptocurrency market has dropped precipitously by 20%. That hasn’t seemed to rattle Fundstrat co-founder and chief analyst Tom Lee. “While many attribute this to “proof crypto is in a bear market,” rather, we...

  Billionaire hedge fund manager Bill Miller, chairman of Miller Value Partners, is bullish on bitcoin personally and in his hedge fund’s investment strategy. In a recent Bloomberg TV, Miller explained his views on bitcoin and cryptocurrencies: “It’s an interesting...

  According to a new Boston College study, 56% of ICOs fail within four months after their token launch. Researchers Hugo Benedetti and Leonard Kostovetsky investigated 2,390 ICOs that launched prior to May 2018. With results like that, it’s hardly surprising...

  The price of bitcoin may be trading near its lowest point in 2018 but Goldman Sachs-backed start-up Circle has seen a 30% increase in institutional interest in cryptocurrency investments according to a CNBC report. The company said its...

  Yesterday at the Future of Fintech conference in New York, NASDAQ CEO Adena Friedman said ICOs may provide startups with valuable funding but they’re harmful to retail investors. She argued investors like “Auntie Mae in Iowa” are being taken...

It just got harder to buy cryptocurrency in the US as Wells Fargo announced that it has blocked its credit card holders from buying cryptocurrency. Wells Fargo joins Citigroup, JPMorgan Chase and Bank of America in preventing consumers...

  Today, the Gibraltar Blockchain Exchange (GBX) announced a soft launch for its blockchain exchange with selected institutional investors and 300 pre-approved retail investors who will have early access to the GBX digital asset exchange.   “This serves as a...