US National Credit Union Administration Report: Cryptocurrencies May Present Both Risks and Opportunities

US National Credit Union Administration Report: Cryptocurrencies May Present Both Risks and Opportunities   The US federal agency that oversees the country’s credit union industry included a remark on the possible risks and benefits of cryptocurrencies in a newly-released strategy plan. Published yesterday, the 2018-2022 Draft Strategy Plan largely focuses on the economic trends that will shape…

Cryptocurrency is Going to Be the Largest Bubble of Our Lifetimes, Billionaire Investor Mike Novogratz Says

Cryptocurrency is Going to Be the Largest Bubble of Our Lifetimes, Billionaire Investor Mike Novogratz Says   A former principal at Fortress Investment Group is reportedly moving to establish a $500 million hedge fund focused on cryptocurrency and blockchain. Bloomberg News, citing a source with knowledge of the plans, reports that Mike Novogratz is investing…

Canada bitcoin

Canada Grants Official Registration to Bitcoin Investment Fund

Canada Grants Official Registration to Bitcoin Investment Fund   Securities regulators in the Canadian province of British Columbia have granted an official registration to an investment firm that plans to launch a bitcoin-tied fund. The British Columbia Securities Commission (BCSC) granted the registration to cryptocurrency investment firm First Block Capital Inc. Based in Vancouver, First Block…

crypto retirement litecoin ethereum classic bitcoin cash

Now You Can Save for Retirement With Bitcoin Cash, Ethereum Classic and Litecoin

Now You Can Save for Retirement With Bitcoin Cash, Ethereum Classic and Litecoin   Cryptocurrency-related IRAs have exploded in popularity in the US lately Especially the Bitcoin IRA is immensely popular thanks to its rather unusual approach. This IRS-sanctioned retirement solution usually focuses on the Bitcoin market value. However, the company recently unveiled some big…

ripple retirement funds

Now You Can Create Your Retirement Fund With Ripple

Now You Can Create Your Retirement Fund With Ripple   BitcoinIRA, a company that allows users to create retirement funds based on cryptocurrencies, is adding new options to its portfolio. Starting with Ripple’s XRP token from today, the firm also plans to add further cryptocurrencies in coming weeks, including litecoin, ethereum classic and bitcoin cash. Alongside ripple retirement fund BitcoinIRA…

BnkToTheFuture Now Lets Equity Buyers to Participate in ICOs

BnkToTheFuture Now Lets Equity Buyers to Participate in ICOs   Investment platform BnkToTheFuture is expanding its service to let equity buyers tap into the growing market for initial coin offerings (ICOs). An investment hub for industry startups that has helped investors back firms like Bitwage and Unocoin, BnkToTheFuture is moving to allow investors to buy so-called Simple Agreements for Future Tokens,…

Vast Majority of Bank Consumers Reliance is Moving Toward Bitcoin

Vast Majority of Bank Consumers Reliance is Moving Toward Bitcoin   Consumers are losing trust in major banks and financial service providers. Many institutional investors, traders and most millennials are moving toward Bitcoin and fintech due to the fraudulent activities and inefficiencies of existing banks. Banking Sector Misconducts Recently, the Wells Fargo car loans scandal swept across…