Institutional Investors Continue to Invest in Crypto Businesses Despite Slowdown
Institutional investments in Cryptocurrency and Blockchain businesses are at an all-time high despite a slowdown in cryptocurrency prices.
- Aditya Worah
- Jul 03, 2018
Cryptocurrency is a hidden, secure form of token that carries a monetary value. Bitcoins, Ethereum, Litecoins and various other similar terms that you hear, fall under the broad umbrella of Cryptocurrencies. Most of the cryptocurrency trades are recorded on a blockchain that forms a decentralized system. This is one of the reasons why it has become so popular in recent times.
Related Links: Cryptocurrency Beginner's Guide
Institutional investments in Cryptocurrency and Blockchain businesses are at an all-time high despite a slowdown in cryptocurrency prices.
The first cryptocurrency petition was heard by the Supreme Court of India today. However, the decision has come in favour of the RBI.
The Financial Services Commission has put forward revised regulations for cryptocurrency exchanges in a bid to prevent money laundering.
In case you are looking for the best cryptocurrencies to invest in 2018, this article will provide you with a detailed idea on the names you should look out for!
Brian Armstrong, the co-founder and CEO of US-based popular cryptocurrency exchange Coinbase, has launched a charity platform GiveCrypto.org. It aims to financially empower people by distributing cryptocurrency globally.
The Deputy Prime Minister and the Finance Minister proposed to move the profits that are gained from virtual crypto transactions to “declaration separate taxation”
The founder of Alibaba , spoke at the launch event of a new cross-border remittance service by the affiliate company Ant Financial and expressed his views on blockchain and bitcoin.
Facebook has now updated its policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But it will continue to prohibit ads that promote binary options and initial coin offerings (ICOs).
Iqbal Gandham, the chairman of CryptoUK, was quoted as saying to Stuff that the security is improving and the body required 90% of cryptocurrencies to be kept in cold storage.
Brian Kelly, the founder and CEO of BKCM, an investment firm focused on digital currencies, says while the drop is painful, it is not unusual and that it is not funeral for Bitcoin whatsoever.