Thailand’s former PM bullish on legalizing crypto, online gambling

For the very first time in a Bitcoin (BTC) bull market, not only long-term investors but also short-term speculators who usually add to the daily sell pressure toward the end of a market cycle have become increasingly confident of higher prices as they hold on to their Bitcoin.This only adds to the already existing supply…

Funding for Initial Coin Offerings (ICOs) has seen its hardest slump in 16 months, Bloomberg reported September 10. Analysis from Autonomous Research shows that in August, startups raised $326 million, which is the smallest amount since May 2017.According to Autonomous Research, Ethereum (ETH) blockchain-based ICOs have been recognized as the spark for the ETH price…

Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had deficient business models, according to recent research.Research sent to Cointelegraph by Chinese market research firm EqualOcean on March 26 suggests that most blockchain-backed Chinese businesses that halted their activity last year had major flaws.Short-lived companiesThe report found over 70 blockchain projects…

Jean-Marie Mognetti, the CEO of CoinShares, wrote that the FTX bankruptcy “had a significant impact” on the firm’s capacity to deploy its algorithmic trading platform HAL in Europe. 318 Total views 4 Total shares Own this piece of history Collect this article as an NFTWhile other hedge funds decided to close operations after being hit…

According to bitcoin (BTC) node stats reported on the website of bitcoin core developer Luke Dashjr, 60.22% of the coin’s full-nodes are running software still vulnerable to the inflation bug at press time.According to the reported data, the software running on 60,101 bitcoin full-nodes is vulnerable to the CVE-2018-17144 bug. As Cointelegraph reported at the…

Kraken predicts that Bitcoin will produce a negative performance for September before returning to ‘aggressive volatility’ In its August 2020 volatility report, U.S.-based cryptocurrency exchange Kraken has predicted that September will bring excessively negative returns for Bitcoin (BTC).The report notes that historically, September is Bitcoin’s worst-performing month, with an average return of -7%. It points…

The coronavirus pandemic has crippled the United States’ economy, which is staring at its worst recession since the Second World War. To counter this, the U.S. Federal Reserve has pumped trillions of dollars into the economy. These measures are may result in hyperinflation in the future. Therefore, investors are buying gold and Bitcoin (BTC) to…

Digital asset management firm Arrington XRP Capital has merged with cryptocurrency-focused private fund and research house ByteSize Capital, according to an official announcement published on March 27.With the merger, ByteSize Capital’s co-founders Ninor Mansor and Ninos Mansor have also joined Arrington XRP Capital as partners, along with founding partners Heather Harde and Michael Arrington.Per the…