Search Results for: blockchain
Cryptocurrency market could hit $1 trillion this year
February 8th, 2018
Cryptocurrencies could go on a bull run greater than last year and pass the trillion-dollar mark in terms of value, experts told CNBC, following a recent violent sell-off across digital coins. Cryptocurrencies could go on a bull run greater ...
Gold-Backed Cryptocurrencies: Icing On An Already Tasty Cake
February 2nd, 2018
The blockchain has discovered gold (or gold has discovered the blockchain). Either way, this means several things. First, the decades-long dream of a gold-backed cybercurrency may finally be realized. Second, gold and probably silver are looking at a big ...
Starbucks Chairman speculated about a “legitimate” digital currency
January 29th, 2018
Howard Schultz dumped the equivalent of a double espresso into an otherwise humdrum Starbucks earnings call on Thursday. In response to an analyst question about tax law, the Starbucks executive chairman detoured into a stream-of-conscious monologue about Bitcoin and ...
Is There Such Thing As A Stable Cryptocurrency?
January 17th, 2018
Bitcoin and its sister cryptocurrencies have rocked the world markets. The sheer volatility of the currency, with incredible, four-figure fluctuations daily, have tanked confidence in vendors. Take the example of the PC gaming delivery platform Steam, who stopped accepting ...
80 Percent of the Total Bitcoin Supply Have Now Been Mined
January 15th, 2018
This weekend marks a milestone for bitcoin as 80 percent of the currency has now been mined into circulation, this means there’s only 20 percent left to mine. Satoshi Nakamoto’s protocol was one of the first to introduce digital ...
Ethereum Price Achieves New All-Time High, Market Shifts From Ripple to Ether
January 10th, 2018
Ethereum (Ether) has solidified its position as the second most valuable cryptocurrency in the market as it overtook Ripple (XRP) by a staggering $60 billion within a five-day period. Ether Benefits From Ripple’s Downfall Since January 4, the market ...
Hedge-fund managers reap 3,175 percent profit off bitcoin in 2017
January 10th, 2018
For hedge funds, 2017 ended with a clean sweep — positive returns in every month that resulted in the best total performance in four years. That kind of a winning streak hasn’t happened since 2013 and was part of ...
Bitcoin and other cryptocurrencies have crashed 20 per cent on Monday
January 9th, 2018
Bitcoin and other cryptocurrencies including ethereum, litecoin and ripple plummeted in value on Monday after Coinmarketcap removed prices from South Korean exchanges without warning. Prices on South Korean exchanges are typically up to 30 per cent higher than in other ...
Two leading MENA Fintech hubs signed region’s first FinTech agreement
January 8th, 2018
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Bahrain Economic Development Board (EDB) have entered into a Fintech cooperation agreement, marking a significant first in the MENA region. Signed between two of the ...
Ethereum Rises Above $1,000 for the First Time as Ripple Soars
January 5th, 2018
Even as the arguable star of 2017 Bitcoin stalls thousands below its all-time high, the third largest cryptocurrency by market value, Ethereum, is soaring to new records Thursday. For the first time ever, Ethereum prices rose above $1,000 per ...
