Altcoin Buzz

David Marcus, the long-standing head of the Messenger app, has announced that he is planning to quit and instead plans to “explore how to best leverage Blockchain across Facebook, starting from scratch.” According to Recode.net the team will include no more than a dozen people. However, key figures, like Instagram’s VP of Engineering, James Everingham, and Instagram’s VP of Product,...

The former National Economic Council director and COO of Goldman Sachs Gary Cohn has predicted the emergence of a new cryptocurrency “where the world understands it” in an interview to CNBC. Assessing the fact his former company, Goldman Sachs, is starting a desk, facilitating bitcoin futures trading, Mr. Cohn noted “whatever’s in the shareholders’ best interests.” At the same time...

"The Herd Is On The Move," says Galaxy Digital’s Michael Novogratz who announced today that his company and Bloomberg have partnered to bring a new crypto index focused on transparent benchmarking Michael Novogratz announced in a tweet this morning that Galaxy Digital Capital Management LP and Bloomberg have paired up and launched the Bloomberg Galaxy Crypto Index (BGCI). Novogratz is...

The Netherlands, known for clogs, tulips, cheese, and windmills, has seen a big increase in the popularity of cryptocurrency over the past year. Bitcoin in particular. The Netherlands may be a small country in size and population, 41.000km2 and 17 million people. Based on technology adoption, however, the Netherlands is steadily becoming the ‘Silicon Valley’ of Europe. It is therefore strange to...

The Verge (XVG) marketing team has always had a way with announcements that seem to keep investors hopeful. Along with exciting current partnerships and potential new partnerships on the horizon, another bit of news that has caused a stir is the announcement of the Verge block reward halving. Verge made this announcement on their official Twitter page, May 2nd. The announcement stated...

A Charity in San Francisco recently raised over $14 million to fight homelessness. The donations included Bitcoin, Ethereum and Ripple, showing that mainstream adoption of digital currencies is on the rise. The donations were attained at a charity gala on May 3rd, hosted by the charity Tipping Point Community. The guest list included some huge names from the cryptocurrency sphere,...

A decision from the SEC and the CFTC on whether or not Ethereum is a security is on the horizon, what could these decisions mean for Ethereum and others? Yesterday was a day of ample confusion and frustration in the crypto community. Many folks believed that a decision on whether or not Ethereum is a security would be announced following a meetup of...

After the introduction of CME futures in December 2017, The price of Bitcoin (BTC) dropped from 20.000 USD to 6.200 USD. CME futures was introduced in December 2017 when bitcoin was trading around 19 thousand USD, creating the opportunity to bet against bitcoin. The Federal Reserve Bank of San Francisco states in an economic report published on may 7th that "the rapid run-up and subsequent...

Cryptocurrency market run likely stalled by recent comments by Warren Buffet, Charlie Munger, and Bill Gates. This past weekend, Bitcoin was heading towards $10,000 and the crypto market as a whole was doing very well. Although nobody knows for sure, it is likely that recent comments by Warren Buffet, Charlie Munger, and Bill Gates have caused this current retracement (at...

Japanese Financial Services Agency (FSA) pushes out new regulatory standards for exchanges in order to avoid being hacked. Major hacks on exchanges, most notably the $530 million hack of the Japanese Exchange known as CoinCheck in January 2018, have led the Japanese Financial Services Agency (FSA) to push out new regulatory standards. CoinCheck was in the process of seeking a...