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Will Chinese New Year Celebrations Affect the Cryptocurrency Market?
Cryptocurrency
Will Chinese New Year Celebrations Affect the Cryptocurrency Market?
The Chinese New Year will soon officially start, and will naturally be most marked in China. However, the increasing globalization means that the effects of the Chinese New Year are felt all over the globe. Is the Chinese New Year likely to affect the cryptocurrency market, and if so, in what way? Chinese New Year celebrations have already begun, national slowdown expected Celebrations for the Chinese New Year began on…
Hedge Fund CIO Says Wall Street Is In a Chicken Race With Cryptocurrency Adoption
Cryptocurrency
Hedge Fund CIO Says Wall Street Is In a Chicken Race With Cryptocurrency Adoption
One of the cryptocurrency investment firm BlockTower Capital’s co-founders, Ari Paul, recently embarked on a lengthy tweetstorm. The overarching subject? Wall Street actors’ potential adoption of cryptocurrencies. Wall Street actors hold a wait-and-see attitude Specifically, Paul discussed the main barriers to institutional adoption of cryptocurrencies. He argued that the current bear market has prompted Wall Street to adopt a “wait-and-see” stance towards the burgeoning asset class – akin to that…
Wyoming Recognizes Cryptocurrencies As Money
Cryptocurrency
Wyoming Recognizes Cryptocurrencies As Money
The American state Wyoming passed a bill that will recognise cryptocurrencies as money, on January 31st. How does the Wyoming and the USA like cryptocurrencies? Cryptocurrencies and bitcoin gain more traction, every day, all around the world. The United States Of America is no exception. However, some states are more cryptocurrency friendly than others. During the mid-term election, three governors – who the blockchain advocacy group Digital Asset Trade Association…
PayPal Co-Founder Admits Original Mission of PayPal Was Creating A ”Global Currency” Much Like Cryptocurrency
Cryptocurrency
PayPal Co-Founder Admits Original Mission of PayPal Was Creating A ”Global Currency” Much Like Cryptocurrency
No matter the current market sentiment, digital currencies have undoubtedly made more headlines in the last years than ever before. However, the notion of global digital currencies far predate the last few years. PayPal wanted to create a global currency “long ago” According to recent comments from PayPal’s co-founder, Luke Nosek, the payment company was reportedly initially looking to create its own digital currency long ago. Moreover, this currency was…