Aston Martin Red Bull Racing is officially the first Formula 1 team to agree to a special sponsorship deal with a major cryptocurrency, after announcing a partnership with FuturoCoin. FuturoCoin is now the official sponsor for Red Bull for the 2019 F1 Season. This makes it the first team to have that kind of deal…
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The idea of a Bitcoin ETF has never left the minds of investors, it seems. In 2018, the SEC turned down more than a dozen applications for a Bitcoin ETF product. The SEC even created a special department that will investigate the essence, purpose and future of the entire blockchain and cryptocurrency industries. 2019 has…
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If 2017 was the "cryptocurrency heaven", 2018 was the "hell". The prices of Bitcoin went from $20,000 per coin in December 2017, to $3,500 in December 2018. Now, the community is wondering what 2019 will bring to the cryptocurrency market, especially when crypto "enthusiasts" like Mike Novogratz are predicting strong bullish trends and cosmic cryptocurrency…
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While most people are concerned with the energy consumption of Bitcoin, or rather, the process of its mining, many fail to acknowledge that Ethereum, among the top three cryptocurrencies in the world by market cap, is consuming not less energy than the "people's currency". Ethereum reportedly consumes around 25%-50% of what Bitcoin does, which means…
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Back in October 2018, the United Arab Emirates announced its plans to make ICOs official corporate funding options and further expand its leading cryptocurrency position in the world. Reuters reported that the new regulation will come into effect some time in 2019, with ICOs legitimately "replacing" IPOs, if companies decide to do so. The major…
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