Tag: Bitcoin Investment

German Government Raids Apartment, Confiscates and Sells $14M in Bitcoin

Earlier this week, German mainstream media outlet Der Tagesspiegel reported that local authorities had raided the apartment of a criminal group and confiscated more than $14 million in Bitcoin and other cryptocurrencies including Bitcoin Gold, Bitcoin Cash, and Ether. Waited Out Hard Forks German law enforcement arrested members of a criminal group and raided their residences around June 2017. Almost immediately after their arrest, the criminals agreed to forfeit their private …
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Bitcoin’s Recent Institutional Demand Is Unprecedented, Says Futures Market CEO

Paul Chou, a former Goldman Sachs executive and the founder of LedgerX, a regulated bitcoin derivatives and futures market based in the US, said that Bitcoin has been seeing unprecedented institutional interest for the first time in its history. Institutional Money During an interview with Nathaniel Popper of the New York Times, Chou stated that despite the recent market correction that led the values of most major cryptocurrencies such as Bitcoin …
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One of Japan’s Biggest Financial Companies Is Launching a Cryptocurrency Exchange

Nasdaq, Goldman Sachs, J.P. Morgan, and Morgan Stanley have hinted at plans to launch and operate cryptocurrency exchanges in 2018. SBI Group, one of Japan’s largest financial companies, has finalized its plan to launch a cryptocurrency exchange in the summer. The Number One Exchange According to Business Insider Japan, SBI Holdings president and SBI Group CEO Kitao Yoshitaka has said that he is certain SBI Group will be able to …
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Putin Opponent Received 25% of Campaign Donations in Bitcoin

Alexei Navalny, one of the major opposition politicians who ran against current Russian President Vladimir Putin this year, raised more than 25 percent of his campaign donations in bitcoin. 100,000 Donors, $6 Million During the 2018 Russian presidential election, analysts predicted a landslide victory for Putin and for him to be re-elected with the support of the majority of the Russian people. On March 18, Vladimir Putin secured his fourth term in …
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