Bitcoin could surge in the next couple of weeks, according to Pantera Capital CEO Dan Morehead, “There’s such an institutional appetite for exposure.” Since its inception in 2013, returns on Pantera’s cryptocurrency hedge fund are 22,000 percent (CNBC).
Today, the Hong Kong-based cryptocurrency exchange has announced the resumption of all trading activities, including deposits and withdrawals (Coindesk).
Popular Ethereum wallet interface MyEtherWallet (MEW) has released an alternative product, MyCrypto.com. One of the developers Taylor Monahan stated that MyCrypto is the next level form MEW (Cointelegraph).
The Japanese cryptocurrency exchange has announced that it plans to allow users to start withdrawing local currency from their accounts next Tuesday (Coindesk).
Combining the science of mind-control devices with Blockchain technology, startup company Neurogress wants to create software that will recognize brain commands (Cointelegraph).
Due to the recent plummeting cryptocurrency price, many of those listed as billionaires are no longer – 10 to be exact. The market is too volatile to be sustaining, and so are the fortunes (Vanity Fair).
With many investors trading in their physical gold for the digital kind, one investor’s reasoning for trading at Bitcoin’s highest was: “Why keep it in gold when it stays in the $100 range, when I could buy Bitcoin when it is increasing every day?” (Fortune)
Bitcoin Cash surged as much as $1,317.27 yesterday. Analysts noted several factors, including the broader recovery in cryptocurrency prices, and Bitcoin’s high fees and network congestion (Fortune).
Russian security officers have arrested several scientists working at a top-secret Russian Nuclear warhead facility for allegedly mining cryptocurrencies (BBC News).
Opinion piece surrounding the idea that although it’s not likely Bitcoin’s bubble burst would cause financial markets to crash, it should destroy our faith in efficiency of markets (New York Times).
Memorable comments from the past year on cryptocurrency from eleven senior figures in the world of finance (The Guardian).