Fund Manager Says Canadian Cannabis Market will see Separation

As the Cannabis Growth Fund (CANNX) made its debut in the public market last Tuesday (February 26), the Investing News Network (INN) caught up with its portfolio manager Korey Bauer, a managing director with Foothill Capital Management. For the fund, Bauer said it will focus on the long-term growth potential in a company, the branding […]

Apple’s Steve Wozniak Says Bitcoin has “Massive Value Creation”

Apple co-founder Steve Wozniak has spoken out about Bitcoin in a revelation that many would consider bullish in sentiment. Wozniak, in an interview with Bloomberg, has said of the coin that “we’ve seen massive value creation.” He also puts most of the market volatility down to fear-mongering and psychology. Apple’s Steve Wozniak The co-founder of Apple […]

Euro Sun Says Rovina Shines Bright Despite Falling Shares

Canadian miner Euro Sun Mining (TSX:ESM,OTC Pink:CPNFF) released a preliminary economic assessment (PEA) for a portion of its Rovina gold-copper project in Romania on Wednesday (February 20). The PEA was for the mining of the Colnic open-pit mine, “the initial phase of development of its Rovina Valley gold and copper project,” said the company, which […]

Science Says Protectionism Won’t Work

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Don’t Expect More Cannabis Funds, Says Portfolio Manager

A portfolio manager doesn’t expect to see additional marijuana-centered funds due to lack of demand. Nawan Butt, portfolio manager with Purpose Investment, told the Investing News Network (INN) despite the success of managed funds with a direct focal point in pot stocks, he isn’t sure there is a lot of money available for more funds. […]

Cannabis Investors are Getting Savvier, Says Executive

Marijuana investors are getting more specific and want to know more from cannabis firms, says executive. During the Lift & Co. (TSXV:LIFT) cannabis expo in Vancouver, Niel Marotta, president and CEO of Indiva (TSXV:NDVA), told the Investing News Network as the industry matures so are investors looking for growth in the space. Rather than only asking […]

Blockchain Closer to “Breakout Moment,” Says Survey

Research firm Deloitte has issued its 2018 global blockchain survey which explores the ways businesses have begun implementing blockchain technology. The agency surveyed more than 1,000 “blockchain-savvy executives” around the world and found in the results that the respondents see “great value” in blockchain’s potential. According to the report, the group of executives claimed in […]

BTT Token Coming Soon; First Step in Supporting Decentralized Internet, Says Justin Sun

On Thursday, January 3rd, BitTorrent, Inc. said that it plans to launch a crypto token, called the BitTorrent token (BTT). While many have done something similar, CEO Justin Sun described the BTT token as having a competitive edge. BTT Token Coming Soon According to Sun, the BTT token is “the first in a series of […]

PNG says coin market gained in 2018

Remember the old college question when we were trying to be profound? If a tree falls in a forest and no one is there to hear it, does it really make a sound? That popped into my head this morning. Too much Christmas eggnog? Not really. When I walked into the office, virtually no one […]

AXMIN CFO Says Finances, Turnaround in CAR Drove 2018 Gains

Despite staying quiet on the news front in 2018, AXMIN (TSXV:AXM) had a wildly successful year with regard to its share price, which is currently up nearly 700 percent year-to-date. In a conversation with the Investing News Network (INN), AXMIN CFO David Weill shared insight on the spike, which he says was driven by three […]

Bitcoin Gains 18%: Quinone CEO Says 2019 Will Bring New All-Time Highs

Despite Bitcoin’s intense price drop in recent months, some still believe it is going to turn it around next year. And there’s nothing to say it definitely won’t; in the last three days, Bitcoin has packed on 18% in gains. Sudden Gains The world’s largest cryptocurrency by market cap jumped from $ 3,181 to $ 3,776 […]

US$930 Million in Crypto Stolen in First 3 Quarters, Report Says

Cryptocurrency theft has reached a staggering near US$ 930 million so far this year, a report from CipherTrace Cryptocurrency Intelligence has revealed. The report claims that while cryptocurrency theft from exchanges and platform layers continue posing problems, it is at a “slightly evolved form” from the firm’s Q2 report. CipherTrace said in its Q2 report, […]

Crypto News: EOS Surges and Ripple Exec Says He isn’t Phased by Bull Market

In today’s edition of crypto news, we’ll cover why EOS is surging and the details behind why a Ripple executive isn’t phased by the current crypto bear market. EOS Surges as Other Coins Fall EOS is currently leading the top 40 cryptocurrencies for total market gains this weekend. The world’s seventh-largest cryptocurrency project has received a […]

Phase Two of Ethereum (ETH) is Coming Soon, Says Joe Lubin

Ethereum phase two: Co-founder of Ethereum (ETH), Joseph Lubin, just made a big announcement about the world’s second largest blockchain ecosystem. He spoke at the Rise conference yesterday in Hong Kong and revealed that the first layer of the Ethereum ecosystem is now complete and phase two should be finalized sometime this year. Lubin states that […]