Bitcoin may "totally collapse" though it may linger for a century, Nobel Laureate Robert Shiller said, who equaled it to the Tulip mania. "[Bitcoin] might totally collapse and be forgotten and I think that's a good likely outcome but it could linger on for a good long time, it could be here in 100 years," the Yale University professor told CNBC in an interview in Davos, Switzerland. Shiller, who was the joint winner of the ...
1. South Korea Could Shutdown All Cryptocurrency Exchanges: Watchdog Choi Jong-ku, chairman of South Korea's Financial Services Commission, told lawmakers on Thursday that the government is considering shutting down all cryptocurrency exchanges and not just those that violate law, the Yonhap news agency reported. 2. SEC Says Significant Investor Protection Issues Linked To Bitcoin ETFs The Securities Exchange Commission has ...
Ripple is one of the most popular cryptocurrencies in South Korea, a leading market for cryptocurrencies, where both young and old have been investing heavily in these currencies with the hope of making a quick profit. XRP has moved into the top five cryptocurrencies by market capitalization on CoinMarketCap amid their dramatic rise over the last year. more...
Private messaging app Telegram is planning a $1.2-billion Initial Coin Offering or ICO. The messaging app, with more than one hundred and seventy million monthly users, aims to find a prime place in the thriving cyrptocurrency arena. According to a businessinsider report, Telegram's ICO will be to support Telegram Open Network or TON blockchain platform which will host a new generation cryptocurrencies and decentralized applications. The ...