Vinny Lingham news
Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto
These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part to alleviate the suffering — which began with the coronavirus pandemic and has spread to the global economy. It’s printing more money. “There is an infinite amount of cash at the Federal Reserve,” Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, told Scott Pelley of CBS on March 22, adding: “We will do whatever we need to do to make sure there is enough cash in the financial system.” The U.S. Federal Reserve itself reinforced that message …
Decentralization / April 1, 2020
Ronnie Moas and Vinny Lingham Come to Blows Over $20K Bitcoin Bet
Two well-known Bitcoin (BTC) figures have resorted to a painfully public Twitter exchange to settle an argument over a $20,000 unpaid bet. The heated debate, which is ongoing, revolves around a pledge which investor Ronnie Moas made in 2018. Moas redistributes Ross Ulbricht BTC If Bitcoin was not worth $28,000 by the end of last year, Moas said he would donate the lump sum to FreeRoss.org, the charity working to free jailed former Silk Road owner, Ross Ulbricht. The bet was made with Vinny Lingham, CEO of blockchain identity startup Civic. With BTC/USD trailing at $7,200 on Jan. 1, 2020, …
Bitcoin / Jan. 5, 2020
Did 2019 Deliver on All That Was Promised for the Crypto Industry?
Disappointment isn’t always a bad thing. It can be a spur, motivating one to work harder to meet expectations and goals. It is in this spirit that Cointelegraph informally surveyed members of the crypto community about this past year’s unfulfilled industry promises. Here are some of 2019’s biggest disappointments: Adoption missing? Where are the giant blockchain or crypto projects — enterprises that seize the imagination, rivet the public’s attention, and quiet the crypto skeptics? As Nouriel Roubini noted last year, “[Blockchain] still has only one application: cryptocurrencies.” Many in the industry are still waiting. As Lanre Sarumi, CEO of crypto …
Blockchain / Dec. 30, 2019
Global Debt Reaches New Highs — Is BTC a Solution or a Beneficiary?
Global debt has surpassed $250 trillion. That’s 320% of gross domestic product, announced the Institute of International Finance on Nov. 14. Emerging market debt also hit a record $71.4 trillion, 220% of GDP. This has set off alarm bells. After all, the projected year-end amount of $255 trillion is equal to $32,500 for each person on the planet, or $12.1 million per Bitcoin (BTC), as Cointelegraph reported. But, as mind-boggling as it may appear, is this total debt really so bad? Debt, after all, can stimulate growth, enabling a country to build roads, bridges, canals and universities, as well as …
Blockchain / Nov. 22, 2019
Vinny Lingham Forecasts Bitcoin Price for Two Months Trading Between $3,000 and $5,000
Vinny Lingham, CEO of blockchain identity platform Civic, has revised down his short-term Bitcoin (BTC) price prediction on Jan. 11, telling financial news network Cheddar that the cryptocurrency could fall below $3,000. In an interview, Lingham, who had previously forecast BTC/USD to trade between $3,000 and $6,000 in the coming months, said the market would either “breakout or breakdown.” “The reality is it’ll probably trade sideways between $3,000 and $5,000 for another month or two while it’s trying to find which way to go,” he said, adding: “When it finds that direction, there’ll be a breakout or a breakdown.” Lingham …
Bitcoin / Jan. 11, 2019
Hodler’s Digest, Nov. 26—Dec. 2: Satoshi Makes a New Friend, Buterin Gets Negative Over Centralized Blockchains
Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Nasdaq Notes Bitcoin Futures Could Launch in Quarter 1 2019, Bloomberg Reports Major U.S. stock exchange Nasdaq still intends to launch Bitcoin futures, and may do so in the first quarter of 2019, according to “two people familiar with the matter.” Speaking to Bloomberg this week, the two unnamed sources note that Nasdaq …
Bitcoin / Dec. 2, 2018
Civic CEO: Bitcoin to Trade Range-Bound for ‘Three to Six Months’
Vinny Lingham, the CEO of identity management startup Civic, said in an interview with CNBC Nov. 26 that the Bitcoin (BTC) price will remain range-bound for several months, while it could break down of the $3,000 mark. Speaking on CNBC’s “Fast Money,” Lingham suggested that Bitcoin trading will be range-bound between $3,000 and $5,000 for at least three to six months. Lingham expressed doubts about whether the BTC price will break down of the support level at $3,000 since there is “a lot of buying in the short term around that mark.” However, Lingham stressed that “if we do not …
Bitcoin / Nov. 27, 2018
Blockchain Investor Vinny Lingham: ‘Bitcoin Threatens Gov’ts’ Ability to Make Money’
Blockhain entrepreneur and industry advisor Vinny Lingham told Cointelegraph in an interview Oct. 21 that cryptocurrency prices will surge again, but it will take some time. Speaking with CT during the Money20/20 conference Sunday, Lingham – also the CEO of Blockchain identity startup Civic – stated that cryptocurrency markets need time to regain previous volumes, arguing that the market’s priorities have shifted: “Now the world is waiting for utility, when people will actually start to use the cryptocurrencies.” Lingham also said that governments globally are poised to push back against Bitcoin (BTC), as “it threatens their ability to make money.” …
Blockchain / Oct. 22, 2018
Civic Reaches New High Of $0.37 as BTER Opens Chinese Trading
Vinny Lingham’s Civic (CVC) token has exploded in price after it began trading on the cryptocurrency exchange BTER. Twitter reports relay how after just two hours of BTER trading, CVC shot up over 70 percent to reach highs of $0.37. Trade volumes were also high, with over 2,300 BTC worth changing hands across all CVC exchanges tracked by Coinmarketcap. $CVC (@civickey) has left the building! Looking very strong on almost 1,000 BTC volume in the past 24 hours... pic.twitter.com/HDzWU6eLuu — Woodrow Levin (@WoodyLevin) August 10, 2017 BTER is specifically offering CVC/CNY pairs, demonstrating Chinese investor appetite for access to ICO …
Markets / Aug. 10, 2017
ICO Wars Continue As LakeBanker Says Civic Was “North Korean”
In a maturing ICO market, it is no longer enough to simply deliver an offering; technical integrity is now the ultimate status symbol. As the past two months in the history of the burgeoning token industry demonstrates, real faith in the longevity of the companies behind the coins is difficult to secure. Frenzied buying, shorting and dumping by casual traders is no measure of a token or provider’s worth, something which is only now being addressed by a handful of cryptocurrency businesses. Civic’s balance of success and reputation Chief among the recent ICOs gaining wide recognition for technical innovation was …
Blockchain / Aug. 8, 2017