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Millennials Look to Cryptocurrencies for Retirement Security

Millennials Look to Cryptocurrencies for Retirement Security

A recent study conducted by Swiss Fintech company Creologix concluded that most millennials, those born between 1981 and 1996, are not saving for retirement, but increasingly buying cryptocurrencies for their future financial security, reports Insidebitcoins. This supports a US National Institute on Retirement Security report published earlier this year which concluded that “95% of millennials are not saving adequately for …

Almost Essential to Include Crypto in Your Portfolio, Michael Novogratz Tells CNN

Almost Essential To Include Crypto In Your Portfolio, Michael Novogratz Tells CNN

Speaking to Maggie Lake on CNN Wednesday, billionaire bull and CEO of Galaxy Digital Capital Management Michael Novogratz, suggested that every investor should have 1% to 2% of their portfolio in cryptocurrency, declaring it ”almost irresponsible” not to. ”Challenging every verticle” The reasoning behind Novogratz’ statements is not because of any potentially massive financial gains that cryptocurrencies might make, but …

$700K in Bitcoin Sequestered by London Police in Hacking Inquest

$700K in Bitcoin Sequestered by London Police in Hacking Inquest

In a recent case involving fraudulent online activity, the London Metropolitan police conducted Scotland Yard’s first cryptocurrency seizure, a confiscation totaling USD 700,000 in Bitcoin. As reported by USA Today, the perpetrator, 25-year-old Grant West, pleaded guilty in court December last year to conducting cyber attacks on fast-food outlets, gambling shops, supermarkets, and mobile phone companies. Investigators working on the case claim …

Elon Musk Among the Latest to Challenge Warren Buffett’s Investment Ideas

Elon Musk

Warren Buffett has come under fire from Elon Musk after an exchange that led to Musk appearing to challenge his rival with a light-hearted ICO dubbed Cryptocandy. The two had been trading opinions via public shareholder meetings in the days prior. The reference to cryptocurrencies played on Buffett’s rigid ideas on bitcoin and his investment in See’s Candy. Elon Musk hasn’t taken a strong stance …

India Rich in Crypto Skills Despite Government Hard Line

india, bitcoin, blockchain, software development

A recent study in India by HR company Belong has revealed that over 5000 Indian software developers have the necessary skills to work on blockchain and cryptocurrency projects, reports Inside Bitcoins. The study claims that out of an estimated two million software developers, 0.25% of them have the skills required for blockchain development and cryptocurrencies, such as data science, algorithms, and …

Institutional Crypto: The Peoples Revolution, Says Michael Novogratz

Novogratz, Michael Novogratz, institutional crypto, cryptocurrency, mike,

Institutional investors were the initial topic of conversation during Michael Novogratz’s address at the Fluidity Summit in Williamsburg, Brooklyn on Thursday, when he told his audience that crypto had been… “a peoples revolution.” Galaxy Digital’s Michael Novogratz, ex-Goldman Sachs partner, was at the venue to talk about cryptocurrencies after the dramatic price hike of 2017. Addressing the audience from notes scribbled …

Bitcoin Price Analysis, 12th May 2018: $9,500 Breached as BTC/USD Enters Downward Spiral

Bitcoin Price Analysis, 23rd May 2018: BTC/USD Dips Below $7,500 in Wake of Bearish Breakout

Trading volumes might be up for bitcoin markets, but support wasn’t there in today’s trading session. Prices kept falling, with USD 9,500 levels also being breached in the process. The Day’s Signals Selling pressure has been the day’s biggest feat in bitcoin markets with large selloffs making the decisive moves through the day. Bitcoin markets are now under a great …

Iranians Look to Bitcoin After Trump Decision

Iranians Look to Bitcoin After Trump Decision

Iranians have sent more than USD 2.5 billion out of the country for the purchase of cryptocurrencies. The revelation was made by Mohammad Reza Pourebrahimi, Iran’s Chairman of the Economic Commission of the Parliament, moments after US president Trump announced America’s withdrawal from the Iran nuclear deal yesterday, according to Nasdaq. As Forbes reported, this demonstrates how, when nations are …

Fundstrat Analysis Indicates Mining May Push Bitcoin to $36K by 2019

Fundstrat Analysis Indicates Mining May Push Bitcoin to $36K by 2019

Tom Lee, co-founder of Fundstrat Global Advisors research institute, revealed on Thursday via Twitter new data provided by the group that predicts the price of Bitcoin will reach USD 36,000 by the end of 2019. The anticipated price inflation has been attributed to Bitcoin mining. Fundstrat’s Quantamental Strategist Sam Doctor provided a breakdown of the correlation between the costs of …

Brian Kelly Says Crypto Markets Will Surge with Wall Street Interest

Brian Kelly Says Crypto Markets Will Surge with Wall Street Interest

Founder of the BKCM digital asset fund and contributor to CNBC’s Fast Money, Brian Kelly, has stated on the same program that he sees Wall Street becoming a major factor in crypto market popularity as new institutions come on board. Kelly maintains that the addition of the New York Stock Exchange (NYSE) and Goldman Sachs to the crypto status quo will …

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