Crypto Markets News from John Lothian News – May 2, 2018

John Lothian

John Lothian

Executive Chairman

Crypto Startups Hand Out Digital Coins for Free Amid Scrutiny
Olga Kharif – Bloomberg
Startups are giving away crypto tokens to help boost profiles; Free coins usually don’t provide any ownership in enterprise
When Michael Terpin peered inside his cryptocurrency wallet recently, he found several new coins — ones that he didn’t buy.
https://jlne.ws/2jkOdwl

Kraft Heinz Issues ‘Bacoins’ in Spite of Buffett’s Distaste for Crypto
Olga Kharif – Bloomberg
Warren Buffett has said cryptocurrencies such as Bitcoin will come to a “bad ending.” He probably wasn’t referring to cholesterol.
https://jlne.ws/2jluFb2

Wall Street veteran and CEO of Japanese online broker says cryptocurrencies could take off like derivatives did; Despite some pushback from global regulators, a Wall Street veteran and CEO of Japanese online broker Monex says the new crypto asset class could take off like derivatives did 38 years ago.
Kate Rooney – CNBC
Despite some pushback from global regulators, Wall Street veteran and CEO of Japanese online broker Monex Group says the new crypto asset class could take off like derivatives did 38 years ago.
https://jlne.ws/2jmJqdR

Peter Thiel-Backed Venture to Help Big Investors Bet on Bitcoin; Tagomi expects to be the equivalent of a broker-dealer, executing orders to buy or sell cryptocurrencies
Alexander Osipovich – WSJ
Billionaire Peter Thiel’s venture-capital firm is backing a startup that aims to bring Wall Street electronic-trading expertise to the bitcoin market—a bet that cryptocurrencies will continue to gain mainstream popularity.
https://jlne.ws/2w1gaT8

4,000 Ethereum, Bitcoin and Litecoin ATMs to Roll Out in Argentina
Trustnodes
Argentina, that forgotten land of sunshine is seemingly trying to catch up with this century by no better method than rolling out some 4,000 ethereum, bitcoin and litecoin bi-directional ATMs.
https://jlne.ws/2I6oVjG

More Big Cryptocurrency News at Trading Technologies: Announcing TT Crypto
Michael Unetich – TT
Crypto. TT. And FREE.* Now that’s a combo worth writing about! You can now trade cryptocurrencies for free through what we believe is the world’s greatest trading platform. Traders have been asking us for this functionality, and I’m excited to bring it to market. Yes, any exchange trading commission fees still apply, but we will charge no fees to use TT software. Here’s the scoop on that, with a little background to start.
https://jlne.ws/2rczLuJ

Nexo Launches World’s First Instant Crypto-backed Loans Platform; Crypto Fintech Allows Investors to Spend the Value of Their Crypto without Selling it
Nexo
Nexo, powered by 10-year-old leading European FinTech group, Credissimo, launched its platform for instant crypto-backed loans. The release of the product irrevocably alters the blockchain landscape by allowing investors and businesses to access instant cash, while retaining ownership of their digital currency holdings. Nexo’s innovation marks an important milestone for the cryptocurrency space, as the platform has the potential to free up hundreds of billions of dollars for spending.
https://jlne.ws/2KtBMuA

Blockchain insiders tell us why we don’t need blockchain
Jemima Kelly – FT
We’ve written before about how blockchain is a belief system, complete with prophets, disciples, traitors, rituals and schisms.
https://jlne.ws/2FA69eY

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