Search Results for: Digital currency
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
Sweden’s central bank prepares for cashless future with e-krona
October 30th, 2018
Sweden’s central bank is pushing ahead with plans to build a technical framework for the issuance of a new electronic currency, the e-krona. The Riksbank started a project in the spring of 2017 to examine the scope for the ...
Prasos now processing via Paydentity™
September 20th, 2018
Highlights Paydentity™ to process identity verification and payments for Finland’s largest cryptocurrency broker service Prasos received more than €140m in deposits last financial year Visa, Mastercard and shortly JCB to be available as payment options Australian Securities and Frankfurt ...
Bitcoin sinks further; Most altcoins enter negative territory for the week
August 31st, 2018
Bitcoin fell for a second straight day Thursday, putting a lid on the recent euphoria that had some pundits eyeing $8,000 and beyond. One bitcoin BTCUSD, +1.28% was last worth $6,913.85, down 1.8% since Wednesday at 5 p.m. on ...
Over 60% of top 100 Cryptocurrencies have no working product, study claims
August 20th, 2018
Of the top 100 cryptocurrencies listed by market capitalization, only 36 are actually what the authors term “working products” in a study recently published online. Newer ecosystem website, Invest in Blockchain, commissioned the study. It’s sure to be debated, ...
Bets against bitcoin have doubled since the beginning of August, exchange says
August 17th, 2018
Betting on bitcoin isn’t for everyone. However, according to data from a leading cryptocurrency exchange, interest in betting against the worlds biggest digital currency is growing. Bitfinex, the fourth largest cryptocurrency exchange with 24-hour volume of $614.8 million, has ...
Bitcoin slipped below $7,000; Bitcoin leading rivals also retreated
August 7th, 2018
Bitcoin slipped below $7,000 to its lowest level in three weeks, as seemingly positive sentiment surrounding the largest virtual currency soured over the weekend. The digital token fell as much as 6 percent to trade with a $6,000-handle for ...
Intercontinental Exchange plans to launch a bitcoin exchange
August 6th, 2018
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges, clearing houses, data and listings services, announced that it plans to form a new company, Bakkt, which intends to leverage Microsoft cloud solutions to create an open and regulated, global ...
Virtual currencies spark real concern about national security threat
July 31st, 2018
U.S. government officials are increasingly worried about the potential national security threat posed by the rise of cryptocurrencies. In the past week, the Department of Justice, congressional lawmakers and even Federal Reserve Chairman Jerome Powell have voiced concern about ...
Bitcoin will reach $50,000 by end of year, says founder of bitcoin exchange
July 2nd, 2018
Despite the recent bloodbath in cryptocurrencies, Bitcoin bull Arthur Hayes said the popular digital coin will reach $50,000 by the end of the year. Bitcoin’s price has been on a wild roller coaster with investors, but “something that goes ...
