Poll Finds Chinese Crypto Investors Bullish on BTC
Over 30 percent of Chinese cryptocurrency investors polled predicted that the bitcoin price will surpass $30,000 over the next 12 months, according to a recent survey conducted by local crypto financing company BabelFinance.
BitGo Appoints Pete Najarian as Chief Revenue Officer
BitGo, the leader in digital asset financial services, today announced that Pete Najarian is joining the company as Chief Revenue Officer. Pete will be responsible for driving the company’s global sales strategy and execution, and will report to CEO Mike Belshe.
Cyber Criminals Netted $4.3B From Crypto-Related Crime in 2019: Study
Cyber criminals have netted $4.3 billion from digital currency exchanges, investors and users in 2019.
IRS Sending 10,000 Tax Compliance Letters to Crypto Investors
The United States Internal Revenue Service (IRS) is sending letters to crypto investors to clarify crypto tax filing requirements and, in certain cases, compel them to pay back taxes. The IRS announced its letter campaign in a press release on July 26.
Exchange QuickBit Confirms Data Breach May Impact 300K Users
QuickBit, a Swedish cryptocurrency exchange listed on the NGM Nordic MTF market, allegedly leaked 300,000 customer records via an unprotected MongoDB database. The exchange confirmed the event in a series of updates on their investor relations board.
Expert: The Ones Who Did Not Want To Get Btc At $ 3,500 - Eventually Bought It For $7,000
The fall of the ICO market led to the closure of many hedge funds, but the active growth of Bitcoin stimulated the emergence of the new ones. That’s what in an exclusive interview for LetKnow.News said Maxim Ploskonosov, the managing partner of a cryptocurrency hedge fund White Castle Capital.
French Regulators Notice Uptick In Crypto-Related Complaints
French financial regulators have observed an increase in complaints regarding cryptocurrencies this year.
Grayscale Bitcoin Trust Is Still Destroying Gold, And Pretty Much Everything Else
Institutional investment product Grayscale Bitcoin Trust (GBTC) has exploded by more than 300% since its recent low on February 6, 2019, in spite of taking a big hit today.
Jack Dorsey says now is our chance to build a global currency for the internet
Jack Dorsey is best known for co-founding Twitter, the micro-posting website that now has around 330 million users around the world. In 2009, the computer programmer also co-founded Square, which was originally designed to help small businesses accept credit cards.
I Would Not Long or Short Bitcoin, Says Billionaire Stablecoin Investor Druckenmiller
American billionaire Stanley Druckenmiller has doubled down on his distrust of bitcoin (BTC), Bloomberg reported on June 4, quoting a recent interview.
Bitcoin Analyst Says BTC Could Reach $25,000 by End of 2019
Bitcoin (BTC) price analyst Oliver Isaacs thinks it will hit $25,000 around the end of 2019, according to a report by The Independent on June 5.
$1 Billion Valuation May Elude Ethereum Co-Founder’s New Blockchain Polkadot
Blockchain project Polkadot’s bid for a $1.2 billion valuation has hit a snag.
UK Watchdog Reports $34 Million Lost in Crypto and Forex Scams Last Year
The primary financial regulator of the United Kingdom, the Financial Conduct Authority (FCA), reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018–2019 the Financial Times reports on May 20.
John McAfee Demands You Stop Binge Watching Bitcoin Price Boom
McAfee has warned that the Bitcoin’s rally may not smooth and consequently offered hodlers tips on how to avoid the anxieties brought up by short-term price fluctuations. According to the cryptocurrency influencer, even with the rally prices could still drop at short notice.
UK Gov’t-Led Jurisdiction Team to Define Status of Crypto Under English Private Law
A British government-led jurisdiction team has launched a public consultation to determine the status of crypto assets under English private law, according to an official statement on May 9.
Charlie Munger: Bitcoin Investors ‘Celebrate the Life and Work of Judas Iscariot’
Charlie Munger, billionaire investor and vice chairman of American holding conglomerate Berkshire Hathaway, again criticized bitcoin (BTC), financial markets-focused news outlet Markets Insider reported on May 4.
Advisors warned about crypto assets apathy
Skeptical advisors who refuse to look at crypto assets risk failing to connect with the up-and-coming generation of investors.
Expert: The crypto sphere will survive the Bitfinex scandal
Bitfinex has been charged repeatedly, but the stock exchange has always been landing on its feet. That’s what Krystyna Nyemchynova, co-founder of Brightman Fintech Law Firm, reported in her exclusive comments for LetKnow.News.
Binance Research Report Claims That Less Than 7% of Crypto is Owned by Institutions
There has long been a belief amongst cryptocurrency investors that the entrance of institutional capital into the nascent crypto markets would be the event that triggers the next bull market, as institutions have access to investment capital that far exceeds that of a cumulative group of individual investors.
‘Regulatory Refugee’ Blames SEC for Crypto Winter
Pillar founder David Siegel has targeted much of the blame on the United States Securities and Exchange Commission (SEC) for the flagging performance of the cryptocurrency sector over the past year.