Facebook, JPMorgan Taking Interest in Crypto is Optimistic, But There’s a Catch

Decentralized exchanges (DEXs) have rapidly become a hot topic in the ongoing crypto bear market. NewsBTC took some time to sit down with Alex Wearn, the chief executive of AuroraDAO, the company by the popular IDEX exchange, to talk about this crypto subsector, mainstream Bitcoin adoption, and this innovation’s long-term prospects when pitted against the U.S. dollar. A Tell-All With Alex Wearn About Decentralized Crypto Exchanges NewsBTC: How has the crypto winter affected your team? Has it been hard to innovate? Alex Wearn: Our vision at Aurora is unchanged by…

Facebook, JPMorgan Taking Interest in Crypto is Optimistic, But There’s a Catch

Decentralized exchanges (DEXs) have rapidly become a hot topic in the ongoing crypto bear market. NewsBTC took some time to sit down with Alex Wearn, the chief executive of AuroraDAO, the company by the popular IDEX exchange, to talk about this crypto subsector, mainstream Bitcoin adoption, and this innovation’s long-term prospects when pitted against the U.S. dollar. A Tell-All With Alex Wearn About Decentralized Crypto Exchanges NewsBTC: How has the crypto winter affected your team? Has it been hard to innovate? Alex Wearn: Our vision at Aurora is unchanged by…

Did the SEC Chairman Confirm Ethereum Isn’t a Security? Not Quite, but It’s Optimistic

Ethereum is most likely not a security under existing United States laws, as previously said by U.S. Securities and Exchange Commission (SEC) Division of Corporate Finance head William Hinman. “Based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions,” Hinman said on June 14, 2018. But, while the statement of SEC Chairman Jay Clayton released on March 12 is certainly positive for the cryptocurrency sector, it did not directly confirm that Ethereum is…

Crypto Traders Optimistic About Bitcoin (BTC) Price, Expect Bottom

Bitcoin Price Gets Hammered, Traders Optimistic In the past hours (per the time of writing), the value of cryptocurrencies across the board have fallen dramatically. Bitcoin (BTC) is currently posting a 2.3% loss, falling to the $3,500 price level for the umpteenth time in weeks. Altcoins, interestingly, have had it much worse. XRP and Ethereum (ETH) have seen their values been pared by 4.2% and 5.8% respectively, with the former approaching the all-important $0.30 price level, and the latter collapsing under $110. The digital assets on the lower rungs of…

Prominent Investor Optimistic, Awaits Crypto Adoption In 2019

Many pundits have agreed that crypto and related technologies have the potential to shift global paradigms. And while this potential is widely acknowledged, with many forward-thinkers throwing themselves at the blockchain ecosystem, adoption of crypto products has yet to occur. But one prominent Bitcoin investor expects for this to change in the coming months. Related Reading: PwC Crypto: 2018’s Bitcoin Crash “Cleared Out The Noise” Multicoin Capital Head Expects Crypto Adoption Business Insider recently sat down with Kyle Samani, the managing partner of Multicoin Capital, to discuss his predictions on the…

Ripple Price Analysis: XRP Liquidating Below 40 Cents, Venture Capitalist Optimistic

Latest Ripple News The crypto market may be reeling from the pounding of last year, but Fred Wilson, a Managing Partner at Union Square Ventures, is optimistic. In his view, he expects the expansion of the global market to buoy cryptos helping actualize dashed promises of 2018. Citing potential market-moving macros as a slowdown in economic activity in China and geopolitical factors as a possible premature end of Donald Trump’s presidency and Brexit, the venture capitalist said these events will generate volatility, further galvanizing cryptos as safe-havens in the process…

XRP Liquidation, Venture Capitalist Optimistic

Latest Ripple News The crypto market may be reeling from the pounding of last year, but Fred Wilson, a Managing Partner at Union Square Ventures, is optimistic. In his view, he expects the expansion of the global market to buoy cryptos helping actualize dashed promises of 2018. Citing potential market-moving macros as a slowdown in economic activity in China and geopolitical factors as a possible premature end of Donald Trump’s presidency and Brexit, the venture capitalist said these events will generate volatility, further galvanizing cryptos as safe-havens in the process…

BlockShow Asia Closes on Optimistic Note

BlockShow Asia 2018 has come to an end in Singapore Thursday, Nov. 29, with most visiting experts predicting that cryptocurrencies and blockchain will fare better in 2019. According to the BlockShow team, 2,800 people attended the two-day conference, including potential investors who participated in EXP20 — a business pitch competition for startups announced shortly before BlockShow Asia. More than 50 speakers from various crypto and blockchain projects participated in the event’s discussion panels. On the first day, experts discussed the Chinese crypto ban, decentralized networks for artificial intelligence (AI), and…

Investors are Optimistic in Acquisition of Korea’s Largest Crypto Exchange

On October 12, CCN reported that BK Global Consortium, the parent company of Singapore-based BK Medical Group, has acquired a 50 percent stake in Bithumb, South Korea’s largest crypto exchange. Kim Byung-gun, a prominent plastic surgeon and blockchain investor, finalized the deal between BK Global Consortium and Bithumb, officially acquiring the leading cryptocurrency trading platform at a valuation of $350 million. Investors Highly Optimistic in the Deal For many years, despite three high profile security breaches that have led to the loss of tens of millions of dollars in user…

Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic According to Fundstrat

44 percent of those surveyed on crypto Twitter believe the price of bitcoin core (BTC) has a ways to go before finding bottom, while over half of Wall Street and institutional investors seem to believe BTC’s bottom has been reached. The poll was conducted by Fundstrat, comparing the views comprised of 25 Wall Street related institutions against those of 9,500 respondents on Twitter. Also read: Hong Kong-Based Crypto Exchange Coinex Pays Interest in BCH Fundstrat: Wall Street is Optimistic While the Ecosystem Remains Sour on BTC’s Price Over the period…