Private Equity Moris Beracha Wuani

By William Suberg   United States president Donald Trump would cause a Bitcoin ( BTC ) price crash if he banned it, but the law would likely prevent him, economist and trader Alex Krueger concluded on Twitter July 15. Trump, who announced his distaste for cryptocurrency in general last week, initially failed to impact market sentiment. A subsequent breakdown over the weekend sent Bitcoin below $10,000 . Publishing a dedicated thread on the chances of Trump banning the cryptocurrency, Krueger argued he could theoretically have some success. By targeting entry and exit points for retail and institutional investors, the president would turn Bitcoin into an isolated, more illiquid asset as it is used by lay consumers.  “Trump could also go after fiat onramps, by simply forbidding banks to service crypto exchanges, or by requiring banks to not service exchanges unless conditions XYZ are fulfilled (and make that practically impossible),” Krueger ...

By Darryn Pollock Despite Bitcoin being the oldest, most well established, and functional cryptocurrency around, there is no doubting that there are some issues that need resolving. Those issues have been placed under the magnifying glass in more recent times with the emergence of other cryptocurrencies that are looking at being better than Bitcoin. Teenage Bitcoin millionaire Erik Finman has said that the major cryptocurrency needs to resolve some of this issues surrounding it or else it will die. He has pinpointed four issues which he believes need to be fixes, and they range from its complexity with regards to use, high transaction fees, slow processing speeds and in-fighting among development teams. Long term dead   Despite making his fortunes off some savvy and early investing in Bitcoin, Finman said in December last year that he believes that Bitcoin is “Long Term Dead”, but added that cryptocurrencies in general are here to stay. His four issues t...

By Adrian Zmudzinski The vice president of blockchain and digital currencies for IBM , Jesse Lund, said that he expects Bitcoin’s ( BTC ) price to eventually hit $1 million. Lund made his prediction during an interview with comparison and news platform Finder.com, published on YouTube on Feb. 20. Towards the end of the interview, Lund was asked what he expects the price of Bitcoin to be on this new year’s eve. He answered that he thinks it is going to be higher than the current price, clarifying, “I’ll go with $5,000.” He then continued his prediction, adding: “I see Bitcoin at a million dollars someday.” Lund explained that he “likes that number,” given that “if Bitcoin is at a million dollars, then satoshi is on value parity with the U.S. penny.” He noted that at such a value, the whole network would have over $20 trillion of liquidity. He then suggested that such liquidity could change corporate payments and high value payments in general, concluding:...

By Ana Berman An official from Spain’s central bank , the Bank of Spain (BDE) believes that Bitcoin ( BTC ) is unable to resolve the problems faced by major payment systems. BDE’s Deputy General Director for financial innovations and market infrastructure, Carlos Colesa, gave his opinion on the leading cryptocurrency in a report published on Sunday, Feb. 17. The study dubbed "Bitcoin: a solution for payment systems or a solution in search of a problem?," is marked as an “occasional paper,” according to Cointelegraph en Español . This  means that the Bank of Spain does not necessarily share the stance of the author. Colesa compared Bitcoin to traditional payment systems and financial intermediaries. First, he says that the Bitcoin blockchain processes only 250,000 transactions daily, which is a relatively small volume for a global system. For instance, major Spanish retail system, the Sistema Nacional de Compensación Electrónica (SNCE), reportedly...

by Nathan Rodriguez   Binance Coin has reportedly extended its latest gains, thus it set a new all-time high in Bitcoin-denominated value. Also known as BNB, it is the token issued by the world’s largest digital currency exchange by trade volume called Binance. Setting A New Record At press time, the aforementioned token was trading at around 0.002619 BTC or $9.60. It is worth noting that before it reached the new figure, it was only able to reach 0.002688. This was believed to around 10:00 UTC Monday. This is basically the crypto’s highest price in its entire one and a half year history, as per the data from Binance. The company said to have first listed BNB for trading sometime in July 2017. Since then, the token was successful in receiving at least 9,600 percent return on investment, particularly from its Initial Coin Offering (ICO) on December of the same year and with a price of $0.10. At the same time, the BNB still has a lot of ways to go...

Imagen destacada por  florin  / stock.adobe.com By Aaron Wood Wrapped Bitcoin (WBTC), an Ethereum ( ETH )-based token backed by Bitcoin ( BTC ), has launched today, Jan. 31, according to a press release on the network’s website . The currency is a joint initiative by blockchain security firm BitGo , Kyber Network liquidity protocol and others. BitGo announced the development of the coin backed 1:1 with Bitcoin in October 2018. A statement by the firm then said that Wrapped Bitcoin will provide users with a “wide variety of new decentralized use cases including on decentralized exchanges ( DEXs ), as collateral for stablecoins or lending, for payments and flexible smart contracts within the Ethereum ecosystem.” WBTC is an ERC-20 token, which are tokens designed and used solely on the Ethereum platform that make the streamline the creation of new tokens. ERC-20 tokens provide a sort of template by which developers can build a new token, spari...

By Moris Beracha .- Due to the steep fall in the prices of the world’s main cryptocurrencies and the implementation of a strong anti-corruption plan, the administration of Jair Bolsonaro, in office since January 1, 2019, has decided to open a black box of cryptocurrency projects that are being developed in the southern giant. Although there is no public stance on cryptocurrencies, officials of the new Brazilian cabinet have already made decisions in this regard. According to some media in Rio, the Brazilian Minister of Women, Family and Human Rights, Damares Alves, suspended a contract for the development of a project that includes the creation of cryptocurrency for indigenous peoples. Through the agreement, the National Indian Foundation (Funai) of Brazil granted a budget of 44 million reais (11.67 million dollars) to Universidad Ferderal Fluiminense (UFF) for the development of the project. The aforementioned plan included, among other actions, the...