Japan: SBI Holdings Announces Entry into Crypto Mining Chips Business – BTCMANAGER

Japan-based financial services giant SBI Holdings on March 22, 2019, announced that it has established a new cryptocurrency mining sister company named SBI Mining Chip Co. Ltd. (SBIMC). The newly christened company will manufacture and develop crypto mining chips and mining equipment. Strong Leadership to Lead the Company In a bid to expand its footprint in digital asset related businesses, […]

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Morgan Creek Invests in Ikigai Crypto Asset Management Firm – BTCMANAGER

Morgan Creek Digital has invested an undisclosed amount in Ikigai Asset Management, a cryptocurrency and digital asset management firm that claims to be focused on generating superior risk-adjusted returns for its clients through venture-stage pre-Initial Coin Offering (ICO) investments, according to a Business Wire press release on March 20, 2019. Delving Deeper into Cryptos Though the bear market is not […]

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BlockFi Registers 10,000 Customers for Its Crypto Interest-Bearing Accounts – BTCMANAGER

According to a Bloomberg report published March 20, 2019, a significant number of risk-averse cryptocurrency investors have flocked to BlockFi, a fintech startup that offers a healthy interest rate of 6.2 percent per annum on bitcoin and ether deposits. HODLers Find Refuge with BlockFi The crypto market continues to evolve in its own peculiar ways. Cryptocurrency loan platform BlockFi recently […]

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Finance Minister Debunks Bitcoin Legalization Claims in Pakistan – BTCMANAGER

Asad Umar, the Pakistani Finance Minister, has debunked claims that the country is moving forward with plans to legalize bitcoin trading, reports TechJuice. Despite not recognizing cryptocurrency trading, the country has in recent times begun to adopt blockchain technology solutions. Bitcoin Legalization Not in the Works According to TechJuice, Finance Minister Asad Umar says there is no truth in the […]

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What Are Initial Exchange Offerings (IEO)? – BTCMANAGER

The ICO’s heyday in 2017 saw various digital assets emerge only to crash in 2018 thanks to the bearish crypto market. ICOs raised billions of dollars in a relatively short time and brought the crypto market cap to over $800 billion before it fizzled out. As the ICO candle was burning out, several other fundraising models took center stage. For […]

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CFTC Chairman: Crypto and Blockchain Influencing Global Markets – BTCMANAGER

Amongst the many factors that are transforming the global financial market, cryptocurrency and blockchain were singled out by the outgoing CFTC Chairman in a March 14, 2019 speech.   Namedropping The crypto industry and the Commodity Futures Trading Commission (CFTC) are constantly crossing paths, whether they are receiving feedback from the industry or investigating possible manipulation. However, it has become […]

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