There are a lot of key figureheads in the cryptocurrency industry. Many of which made their millions (and even billions) thanks to the leading cryptocurrency Bitcoin. These people have been there since the start and have made a risky investment but boy did it pay off. Some of the key figures are still prominent in the space today and we’re going to go through some of the biggest names in crypto who put their faith in the hope that the industry would pay out. Winklevoss Twins Let’s start with the Winklevoss twins. If you haven’t heard of Cameron and Tyler Winklevoss then you must have been living under a rock for the past fifteen or so years. The infamous twins rose to fame when they sued Mark Zuckerberg over who the true creator of Facebook was and ended up with an $11 million payout. When this payout was invested in Bitcoin, the two made headlines and then became billionaires in 2017 when the market spiked and Bitcoin reached $20,000. Novogratz Mike Novogratz is a well-known figure in the crypto space. The former hedge fund manager and partner in Goldman Sachs ventured into the crypto space by starting a crypto fund called Galaxy Digital Holdings Limited. Even when the Jamie Dimon – CEO of JP Morgan Chase – dubbed Bitcoin as a fraud in 2017, Novogratz has consistently swayed his way in support for crypto. Pomp Anthony Pompliano is a well-known founder and partner at Morgan Creek Digital who is commonly…
Source: Novogratz, Winklevoss, Pomp & More Here Are Some Of The Key Figures In Crypto

Binance Coin Price Analysis Binance Coin has seen a significant surge in price which totals over 172% since the… The post Binance Coin (BNB) Has Surged 172% Since December 2018 Low — But Are the Bears on the Horizon? appeared first on Invest In Blockchain.
Source: Binance Coin (BNB) Has Surged 172% Since December 2018 Low — But Are the Bears on the Horizon?

Nearly half of millennial traders have more faith in cryptocurrency exchanges than they do in traditional ones. They are also enthusiastic about the prospect of traditional financial institutions offering crypto assets. That’s according to a new survey which shows a “generational shift” where millennials “place their faith in the power of technology and open networks.”  Also read: Drug Dealer Fights to Prevent Canadian Police From Forfeiting his BTC The Beginning of a Generational Shift The survey by U.S.-based investment platform Etoro interviewed 1,000 online traders. It found that 43 percent of millennial online traders trust crypto exchanges more than they do U.S. stock exchanges. 93 percent of millennials surveyed also said that they would invest more money in crypto if it were offered by traditional financial institutions such as TD Ameritrade, Fidelity, or Charles Schwab. Even among millennials who don’t trade crypto, one third said they would trust crypto over the stock market. Guy Hirsch, Managing Director of Etoro U.S. said: We’re seeing the beginning of a generational shift in trust from traditional stock exchanges to crypto exchanges. At the heart of this change are the asset classes themselves. Younger investors’ experience with the stock market has seen a great deal of loss of trust, with the fall of Lehman Brothers because of irresponsible practices followed by the worst recession since the Great Depression. He added: “Trust further eroded when Americans saw how hundreds of billions of dollars of taxpayers’ money are funneled to the largest financial institutions while their savings evaporated and how banks get…
Source: Survey: Nearly Half of Millennial Traders Have More Faith in Crypto Than Stock Market

The American venture capital investor, Tim Draper has said that even though we are currently undergoing the crypto winter, that isn’t a reason to lose hope as he believes the time of fiat currencies will end in five years. Even when the cryptocurrency market is still going under a lot of pressure from the bear trend, there is still a lot of active supporters of the industry who have strong hopes that there is a bright future ahead for the market. Some of the bravest ideas have come from the billionaire investor, Tim Draper. Only Criminals will use Fiat Draper recently sat down in a interview where he claimed that cryptocurrency would become the mainstream across the globe and that only criminals will use fiat currencies. The venture capital investor has always been very bullish when it comes to his predictions. More so than a lot of many well-known crypto enthusiasts such as the Winklevoss twins and the CEO of Coinbase Brian Armstrong. Draper is a firm believer that Bitcoin has the capabilities to change the world but he also believes that the crypto market as a whole has this possibility. In the past, Draper has expressed his idea that in fiat would lost its dominant status in just five years time. Despite all the continuous market trends, Bitcoin would recover with a full transition to cryptocurrency occurring. Back in November, Draper said “down the road, when we can easily spend, or invest, or do whatever we want with cryptocurrencies—they’re…
Source: Bitcoin In, Fiat Out? Tim Drapers Brave Prediction On Fiat Currencies

Ethereum Price Analysis Ethereum price continues to surge higher after increasing by 7.66% over the previous 24 hour trading… The post Ethereum (ETH) Continues to Fly After Surging 23% in 7 Days — How High Can the Thrust Take Us? appeared first on Invest In Blockchain.
Source: Ethereum (ETH) Continues to Fly After Surging 23% in 7 Days — How High Can the Thrust Take Us?

The government of India has inaugurated a national cyber forensics lab which includes a cryptocurrency forensic lab to perform crypto-related analyses. Alongside this is the inauguration of the Delhi Police’s cybercrime unit which will deal with fraud involving cryptocurrencies. It is the first cybercrime awareness and detection center in the country, according to a commissioner. Also read: Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation Indian Government’s Crypto Forensic Lab India’s Union Home Minister Rajnath Singh inaugurated a national cyber forensic lab and the Delhi Police’s cybercrime unit called the Cyber Protection Awareness and Detection Center (Cypad) on Monday, The Hindu reported. Union Home Minister Rajnath Singh at the Cypad and national forensics lab inauguration event. “It is the first cybercrime awareness and detection centre opened in the country,” Delhi Police Commissioner Amulya Patnaik was quoted as saying. The national cyber forensic lab includes units such as a “memory forensics lab, image enhancement lab, network forensics lab, malware forensics lab, cryptocurrency forensics lab, damaged hard disk and advanced mobile forensics lab,” the publication wrote. Noting that the new lab will help officers detect cyberfraud, he elaborated: We are now equipped with technology to recover data from damaged hard disks, cryptocurrency analysis, malware forensic and data can be retrieved from 33,000 kinds of mobile models available in the market. Cyberexperts will train our staff. Cypad Will Deal With Crypto Fraud Both the Cypad and the national cyber forensic lab are located in the same complex in Dwarka’s Sector 16 C,…
Source: Indian Government Inaugurates National Crypto Forensic Lab

The Japanese e-commerce and internet company that is Rakuten is based in Tokyo, Japan and is one of the biggest platforms of its kind in the nation. In a new updated pushed by the platform, they look to be offering Bitcoin and cryptocurrency implementation sometime in the near future. Rakuten announced a massive update for its mobile app platform Rakuten Pay which is set to release later next month with the potential inclusion of cryptocurrency payments in conjunction with fiat. In the new updated version of the app, it will apparently include “all payment solutions embedded into one platform,” leaving many to wonder if this is an indirect course of announcing support for Bitcoin and some other big market cryptocurrencies. The e-commerce platform is commonly referred to as the ‘Japanese Amazon’ while the actual Amazon doesn’t seem to have done anything on the crypto front for the popular online store. Last month, Rakuten was reported to have shifted its corporate structure to make the companies cryptocurrency exchange Everybody’s Bitcoin into a new payments subsidiary. The exchange was bought out for $2.4 million in August 2018 and was claimed to be the first step for crypto payments on the e-commerce platform. Rakuten’s restructure is further proof that the giant is looking into cryptocurrency as a possible asset for payment in the future. On top of this, the report contains information about updates to the firm’s prepaid card service Rakuten Edy, which includes integration for QR codes. This is just another hint…
Source: Popular Japanese E-Commerce Platform To Soon Accept BTC

The cryptocurrency markets have enjoyed a day of significant bullish action, with only four of the top 80 crypto assets by capitalization posting a 24-hour loss as of this writing. ETH was the strongest performing leading market, comprising the only cryptocurrency in the top 25 by market cap to post a double-digit gain for the day. Also Read: Regulators Explain Why Bitcoin Futures Are Easier to Approve Than Bitcoin ETFs BCH and BTC Hold Above 2018 Lows After six weeks of sideways consolidation, many leading cryptocurrencies are testing local resistance areas after avoiding a retest of December’s lows. When measuring from December’s low to the peak of the immediately ensuing bounce play, bitcoin cash is currently testing resistance at the 0.618% Fibonacci retracement area (approximately $130) after establishing support at the 0.786% retracement zone (roughly $100). BCH/USD – Kraken – 1D BCH/BTC price is also testing resistance at the local 0.618% Fibonacci area after establishing support at 0.786%, with BCH currently trading for nearly 0.035 BTC. Bitcoin cash is the sixth largest cryptocurrency market with a capitalization of $2.31 billion and a dominance of 1.83%. BCH/BTC – Bittrex – 1D BTC has also posted a potential higher low after establishing support at the 0.786% retracement area. The bounce off the $3,400 area has seen BTC oscillate between the 0.618% and 0.5% retracement zones, with 1 BTC currently trading for roughly $3,700 on Bitstamp and $3,800 on Bitfinex. BTC/USD – Bitstamp – 1D Bitcoin core currently has a market cap of $65.8…
Source: Markets Update: Cryptocurrencies Bullish Following Possible Higher Lows