US: Three Things IBM Must Do To Keep Red Hat Acquisition From Sinking The...

Forbes
IBM’s announcement that it wants to pay $34 billion for open source leader Red Hat  raised the eyebrows of everyone who follows enterprise tech. The largest software acquisition in history, and for what? Revenues that represent little more than a rounding...

Global: KPMG: Cryptocurrencies like Bitcoin are Not Store of Value [Yet]

CCN
It will take a long time for cryptocurrencies like Bitcoin to attain the status of a store-of-value asset, said KPMG in its latest crypto study. The Big Four firm’s “Institutionalization of Cryptoassets” report asserted that assets like bitcoin could...

Global: Industrial-Scale Blockchain Adoption Imminent According to Sberbank CEO

Sberbank’s CEO, Herman Gref, has recently made some waves stating that ”industrial-scale adoption” of blockchain is around the corner. More specifically, Gref suggested that blockchain adoption might increase dramatically in the ”next year or two”. Moreover, it is worth...

Global: RON PAUL Survey:Half Would Choose Bitcoin for 10 Year Investment

Bitcoinist
The former US lawmaker and presidential candidate, well known for his advocacy of the cryptocurrency, has so far yielded responses from over 58,000 people. Almost half of them would want to invest in Bitcoin. Traditionally much larger than in-person surveys,...

US: Nvidia Targets Slashed, Outlook Sparks Worst Day in a Decade

Nvidia Inc. gave a fourth-quarter outlook that was below expectations, hurt by weakness in its gaming division and the lingering loss of demand from the collapse of cryptocurrency mining. The results prompted a slew of price-target cuts on Wall Street, with...

Global: New Hedge Fund Circuit Capital Doubles Down on Cryptocurrency Investing

Despite the ongoing bear market which has come to characterize 2018 for cryptocurrency, one newly developed hedge fund is remaining bullish on the industry. While reports tend to center around the falling price (or sideways trading) of Bitcoin and...

Germany: Crypto Exchange Regulated, Bitcoin.de Acquires 100% Share of Bank Tremmel

Chepicap
Bitcoin Group SE, the holding company behind Bitcoin.de, the only regulated crypto exchange in Germany just announced their acquisition of Bank Tremmel Wertpapierhandelsbank GmbH. The exchange is reported to have acquired 100% share of the bank that focuses on...

Global: Goldman Sachs Bear Market Indicator Reaching New Highs for Stock Market

While investors respond to the upcoming Bitcoin Cash hard fork, the majority of the market continues to anticipate news surrounding the approval of a Bitcoin Exchange-Traded Fund by the United States Securities and Exchange Commission, a move that could...

US: $20 Trillion US Debt Will Inevitably Lead to Big Crypto Boom

CCN
ShapeShift CEO Erik Voorhees has said that the growing debt of the US, which hovers at around $21.7 trillion as of November, will inevitably cause a big spike in crypto. “When the next global financial crisis occurs, and the world realizes...

Global: Binance Opens its Doors to Institutional Investors

With the launch of Bakkt only a few weeks away and on the 12th of December, the popular cryptocurrency exchange of Binance has announced a list of products and services geared towards attracting institutional investors. The exchange is laying the...

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Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...