Category: Bitcoinist

Bitcoinist News Feed

SoftBank Launches New Blockchain Wallet Card –

Japan’s telecom carrier SoftBank launched its SBC Wallet Card (Softbank Card 3.0), which integrates a blockchain wallet.   SoftBank Claims its Blockchain Card Has Better Security Besides the basic features of a bank card, Softbank Card 3.0 incorporates multiple functions. Read More

CryptoBridge Exchange Closes Down, Hints at Relaunch –

The CryptoBridge exchange, aiming to offer multiple altcoin projects through decentralized trading, is closing down. The exchange still has hold of some customer deposits, and will release the digital funds up until December 15. CryptoBridge Immediately Called for Traders to Read More

US Stock Markets to Have a Slow 2020, Will Investors Turn to Bitcoin and Crypto?

The US stock market rally in 2019 surprised skeptics, as indexes continued to surge despite underwhelming performance and setbacks for the FAANG stocks. But Wall Street pundits are predicting that 2020 will be sluggish. Will Bitcoin and crypto markets get Read More

IMF Calls on Georgia to Evaluate Crypto Income for Trade Balance

The International Monetary Fund (IMF) recommends that Georgia include the income from crypto trade and mining in its foreign trade balance reports. IMF Welcomes More Transparency on Crypto Mining The IMF’s suggestion is quite relevant, given that Georgia is currently Read More

Ethereum Researcher Arrested by FBI but ETH Price Unfazed

Ethereum Foundation member Virgil Griffith was arrested on Thursday for traveling to North Korea to hold presentations regarding crypto and blockchain technologies and their use for evading sanctions. ETH price, however, has remained unaffected by the news.  Manhattan U.S. Attorney’s Read More

Nouriel Roubini Joins the Anti-Ethereum Brigade –

Nouriel Roubini, “Dr. Doom”, once again lashed out against the perceived lack of value of crypto assets. This time, he selected Ethereum (ETH) specifically. ETH Has No Intrinsic Value, Dr. Roubini Believes Dr. Roubini, known for trashing irrational bubbles, believes Read More

Bitcoin (BTC) Futures Markets Hit $5B Daily Volume –

The Bitcoin (BTC) market has evolved to include the simplest kind of derivative financial products – futures contracts. Those markets now reach $5 billion in daily volumes, taking a significant chunk from spot trading markets. Bitcoin Price Discovery Shifts to Read More

German Banks Could Store Bitcoin and Provide Crypto Services Soon

Cryptocurrencies might finally go hand in hand with traditional money services. Starting from 2020, it might be legal for German banks to sell cryptocurrencies like Bitcoin and provide custody solutions, local media reports.  Germany Welcomes Cryptos with Open Arms Currently, Read More