Crypto M&A is on a tear as deal-makers see opportunity in bitcoin’s price slump

Deal-makers seem to be anything but deterred by bitcoin’s price pain this year — they’re actually using it as an excuse to go bargain hunting. Despite the ongoing bear market in the sector, merger and acquisition activity by cryptocurrency companies among themselves and by companies hunting for bitcoin’s underlying technology is hitting record levels.Read more

 

Cryptocurrency Fever is Starting to Fade: Russian Central Bank

The famed Russian economist and former economic advisor to the Russian President Vladimir Putin represented businesses’ point of view to the bearish crypto market. She hinted that the failure of a majority of blockchain projects and their ICOs has made investors more practical and sober than ever. Read more

 

Gates Foundation Partners With Former Ripple CTO’s Blockchain Project

The Bill and Melinda Gates Foundation has partnered with blockchain startup Coil as part of its mission to provide payment services for the unbanked. The news comes via a tweet from Miller Abel, the foundation’s deputy director and principal technologist, on Oct. 17. Abel indicated that the organization and Coil will work together to implement the Interledger Protocol and explore ways to support “pro-poor payment systems.” Read more

 

130 Coffee Shops in Europe Started to Accept and Sell Crypto

A “technology enabler” startup known as Cyclebit is aiming to simplify things by enabling stores to serve as “cryptocurrency gateways” – enticing crypto enthusiasts to come and spend their coins with them and inject some new funds into the economy. Read more

 


The risk of loss in the trading of stocks, options, futures, forex, foreign equities, and bonds can be substantial and is not suitable for all investors. Trading on margin or the use of leverage is not suitable for all investors and losses exceeding your initial deposit is possible. Supporting documentation is available upon request. Trading futures, options on futures, and FX involves substantial risk of loss and is not suitable for all investors. Carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources and only risk capital should be used. Opinions, market data, and recommendations are subject to change at any time. The lower the margin used the higher the leverage and therefore increases your risk. Past performance is not necessarily indicative of future results.