Search Results for: crypto currency
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 ...
Bitcoin and ethereum suffered massive drops, but many cryptocurrencies are faring even worse
January 17th, 2018
Most major digital currencies sold off sharply on Tuesday, but the declines in bitcoin, ethereum and litecoin prices weren’t as bad as much of the rest of the market. All of the top 20 digital currencies — by market ...
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 ...
Bitcoin got a big boost in 2017. Here are 5 other cryptocurrencies to watch in 2018
January 4th, 2018
Mainstream investors spent much of last year trying to figure out how to jump in on bitcoin, the digital currency for which prices ballooned to as high as $19,000 in recent months. But even as people hope to make ...
Israel central bank is examining issuing digital currency for faster payments
December 27th, 2017
The Bank of Israel is examining issuing digital currency as a means of creating a faster payments system as well as reducing the amount of cash in the economy, a central bank source said on Sunday, though he stressed ...
Act with extreme caution when you are about to invest in cryptocurrencies
December 20th, 2017
Following the announcement issued by the Canadian Securities Administrators for the risks associated with cryptocurrency futures contracts, the Monetary Authority of Singapore (MAS) has issued an announcement to advise the public to act with extreme caution and understand the ...
Bitcoin.com co-founder sells entire stash, calls it ‘virtually unusable’ as a currency
December 19th, 2017
In an interview with Swedish website Breakit, Emil Oldenburg, the co-founder and chief technology officer of Bitcoin.com — which offers various services including mining, currency exchange and wallet storage — warned very high fees and long transaction waiting times ...
A little-known digital currency surges 70% after teaming up with firms like Microsoft
December 7th, 2017
A digital currency has added more than $3 billion to its market value after the firm behind it said it was teaming up with a number of big tech firms, including Microsoft and Samsung on a “data marketplace.” Called ...
Cryptos may destabilise fiat
November 17th, 2017
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact ...
