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What happened to the bitcoin bubble?

Chris Skinner

I was interviewed by UBS’s wealth management team a month ago, when the bitcoin bubble was in full bloom. That is the contention of Chris Skinner, Chairman of The Financial Services Club, author of thefinanser.com blog and one of Financial News’ ‘FinTech 40’ most influential people in financial technology.

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Bitcoin Daily: FinTech Outpaces Blockchain In 2018 VC Funds; Chainalysis Raises $30M For Expansion

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In other news, Chainalysis , a crypto transaction analysis startup, announced that it has raised $30 million in Series B funding, led by venture capital (VC) firm Accel. According to Innovate Finance ’s “ 2018 FinTech VC Investment Landscape ” report, “2018 was a record year in FinTech, with $36.6

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Bitcoin Daily: Fold Crypto App Offers Bitcoin Rewards On Airbnb Stays; JPMorgan, Temasek, MAS Team On Blockchain Prototype

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Bitcoin payments app Fold has announced that its users can now get 3 percent back in bitcoin when they book a stay and experience on Airbnb. Fold allows its users to buy gift cards for bitcoin with 3 percent cashback, currently offering $25 or $100 gift cards on its website.

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Bitcoin Daily: MGH, Korean Blockchain Startup Pair On Patient Data; FINMA Permit Eases Crypto, DLT Rules

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The Swiss Financial Market Supervisory Authority (FINMA) is aiming to boost innovation in cryptocurrency and distributed ledger technology (DLT), by easing some of the existing rules. Another important requirement: an institution with a FinTech license must have its registered office and conduct its business activities in Switzerland.

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Bitcoin Increasingly Dominated By High Speed Traders

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Bitcoin has far more traders these days — particularly in China — than it has true believers. It’s the golden age to be in the bitcoin market, because it’s imperfect,” said Zhou Shuoji , a former IBM technology consultant whose firm, Fintech Blockchain Group, runs a bitcoin hedge fund and venture capital fund.

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VCs Back Bitcoin For B2B Payments, AI For Enterprise Analytics

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It was a mixed bag of funding, with a few startups working in more traditional B2B technology, including expense management and SaaS. The others, however, are working with more cutting-edge tech, including bitcoin and artificial intelligence (AI), and just so happened to see the largest funding rounds of the week. Expense Management.

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Blockchain Begins Earning Some Bitcoin-Like Skepticism

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Alas, there is no such thing as a sure bet, especially in the world of FinTech. And this week, experts have begun to voice their skepticism over distributed ledger technology’s (DLT) promise for a massive shakeup. Bitcoin and blockchain creator Satoshi Nakamoto developed these tools nearly a decade ago, he said.