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When it comes to talk of “The Bitcoin Bubble,” the FUD never stops — especially when it comes from traditional financial institutions like Morgan Stanley. They Look the Same (But Not Really) According to Sheena Shah, a strategist at Morgan Stanley, there are similarities between Bitcoin and the Nasdaq during the 1998-2000 technology bubble — with his argument centering around the fact that both experienced massive run-ups before dramatically decreasing in value. As displayed in a chart from Bloomberg and Morgan Stanley Research, Nasdaq and Bitcoin appear to have followed…

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The Canadian mining organization, one of the largest in North America, has just announced plans to acquire CryptoGlobal. The deal has been estimated to have been worth $106 Million dollars. Last Tuesday, Canadian cryptocurrency mining giant, HyperBlock, announced their acquisition of another mining firm by the name of CryptoGlobal for $106 Million dollars. This deal will be entirely stock-based, with HyperBlock purchasing CryptoGlobal shares at $0.74 a piece. The acquisition price, which was agreed on by both parties, is over 40% higher than the current market price of the shares…

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Today’s Bitcoin in Brief provides some leisurely Sunday reading for anyone who has a life to live outside of crypto. We curate the best stories from the past 24 hours and condense them into a daily digest so you can stay in the loop in less time than it takes to boil a kettle. In today’s episode: Twitter scams are back, monero goes fork crazy, and stablecoins go head-to-head. Also read: Bitcoin in Brief Saturday: Forks and Fights 51 Flavors of Monero Monero forked this week to move away from the…

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Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto.   Also read: Centralized Cryptoruble Not Possible, Minister Tells Putin Digital Central Bank Money Brings Risks “Private-sector digital currencies” are better and less risky than any version that might be offered by a central bank, the representative of the Swiss National Bank’s management…

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Coinbase, one of the world’s largest exchanges, has blown up in the news over the past week due to many developments being announced. Such developments include a venture fund for crypto startups, withdrawal support for more Bitcoin forks, and entering talks with the SEC to become an officially licensed broker. Support for More Bitcoin Forks Coinbase has just announced that they are planning on adding support for upcoming Bitcoin hard forks. For the time being, this support is expected to only take form in withdrawals of these Bitcoin hard fork…

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The Financial Services Authority of Japan has imposed penalties on three cryptocurrency exchanges following inspections of trading platforms in the country. Two of them have been ordered to suspend operations. Officials are not satisfied with the measures implemented to prevent money laundering and systemic risks.    Also read: CEO of Korean Exchange Coinnest among Four Arrested for Fraud FSHO, Eternal Link Suspended, Lastroots Told to Improve The sanctioned crypto platforms – FSHO, Eternal Link, and Lastroots – have received orders to improve their business practices. These were issued by Japan’s…

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As the cryptocurrency industry continues to grow and expand at a rapid rate, an issue has become clear across the board: there is a severe shortage of skilled engineers to keep up with the pace. According to The Asahi Shimbun, this is one of the reasons given by Coincheck for their devastating hack in January. The exchange’s CEO, Koichiro Wada, explained: We were aware we didn’t have enough people working on internal checks, management and system risk. We strived to expand using headhunters and agencies, but ended up in this…

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On March 23-25 in Tokyo Japan, the Satoshi’s Vision Conference took place with a view to promoting the worldwide adoption of bitcoin cash (BCH). The conference was the largest cryptocurrency-infused event to date and hundreds of people visited Tokyo to discuss BCH and on-chain scaling. Also read: Upgrade Time: Bitcoin Cash Plans a 32 MB Hard Fork Satoshi’s Vision Conference Spreading Bitcoin Cash Adoption and On-Chain Scaling The Satoshi’s Vision Conference (SVC) was a three-day event that focused entirely on the cryptocurrency and network bitcoin cash. Attendees heard from developers and…

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‘Massive’ selling of cryptocurrencies into fiat by mid-April to be expected, as U.S. crypto holders ‘likely’ owe $25 billion in capital gain taxes according to Tom Lee, head of Fundstrat Global Advisors. Tom Lee, the former chief equity strategist at J.P. Morgan Chase is amongst the few, if not the only Wall Street analysts who are providing regular thoughts and analysis on Bitcoin and the overall state of the crypto market. Pressure Rises as Deadlines Approach As the mid-April tax filing deadlines approach, Lee says that cryptocurrency selling pressure rises.…

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Ubank announced that it has secured an undisclosed amount of funding from Inventure Partners, a major investment fund specializing in cutting-edge tech projects The mobile payments app Ubank received funding from Inventure Partners for the further development of Ubcoin Market, a blockchain ecosystem that would…

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