Warren Buffett’s Berkshire Hathaway Invests $600 Million in Two FinTech Firms

Despite Buffett’s blatant disdain for cryptocurrency and fintech, two $300 million dollar investments into two fintech payment firms suggest that Berkshire Hathaway may be ready to join the crypto party. A Change of Heart? On Tuesday the Wall Street Journal (WSJ) reported that Warren Buffett’s multinational investment conglomerate, Berkshire Hathaway, is reported to have invested […]

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Ethfinex Hopes to Break Stalemate by Offering In-Platform ICOs and Token Sales

Ethfinex plans to host token sales and ICOs within its platform. The company has developed what they believe to be a more equitable method for involving investors in ICOs. Will Decentralized ICOs Level the Playing Field? Ethfinex will soon offer users the opportunity to participate in token sales and ICOs provided directly through the exchange […]

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Nasdaq ETN Provider To Introduce A Range of Cryptocurrencies

While the market flutters and the traders bite their nails waiting for the big news about a bitcoin ETF (Exchange Traded Funds), the first Bitcoin Exchange Traded Notes (ETN) provider, XBT Provider AB, devises expansion plans.  Five to Ten More Cryptocurrency ETNs It seems that the Sweden-based company aims to at least compete with cryptocurrency […]

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Goldman Sachs Will Manage Bitcoin For Its Clients, Insiders Reveal

Goldman Sachs has reiterated it plans to roll out “crypto asset offerings” to clients in future in what Bloomberg describes would be a “boost for the burgeoning universe of funds betting on cryptocurrencies.” ‘In Response To Client Interest’ In comments to the publication August 6, a spokesman for the financial giant built on previous announcements […]

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Bitcoin is ‘Number One’ for Institutional Investors, Claims Element Group

While everyone currently in the cryptocurrency space eagerly awaits the supposedly inevitable flood of institutional money, questions have been asked as to where said funds will go. Element Group’s Thejas Nalval claims Bitcoin is “number one on that list.” The cryptocurrency market is currently supersaturated with failed and soon-to-be-failed projects. Nevertheless, the cream rises to the top […]

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