Search Results for: cryptocurrency
Bitcoin is soaring to high levels
May 8th, 2017
Global stock indexes are not the only asset class making new highs on a daily basis. Cryptocurrencies — specifically bitcoin — are soaring to fresh levels as well. Despite two major setbacks for bitcoin in 2017, it has soared ...
Japanese companies to launch virtual currencies exchanges to meet hot demand
May 3rd, 2017
Tax cuts, higher standards making trading easier, soaring demand in bitcoin-like investments More than 10 Japanese companies are launching exchanges for bitcoin and other virtual currencies, with an eye to tap growing demand after legal changes that make such ...
Bitcoin Price Passes $1,400 to Hit Highest Value in History
May 2nd, 2017
The price of bitcoin rose above $1,400 today, setting a new all-time high. At press time, the cryptocurrency’s price had climbed to as much as $1,407.05, a 4.4% increase for the day, according to the CoinDesk Bitcoin Price Index ...
Spotify acquires Mediachain to solve music’s attribution problem
April 27th, 2017
Spotify has acquired the Brooklyn-based blockchain startup Mediachain Labs, whose team will join the company’s office in New York where they will work on developing better technology for connecting artists and other rights holders with the tracks hosted on Spotify’s service. ...
Gibraltar to set Blockchain regulatory framework
April 27th, 2017
In January 2016, HM Government of Gibraltar published for consultation a document titled, ’Virtual Currency: Outline Regulatory Framework’ the second such paper on this subject produced by the Cryptocurrency Working Group. After considering the feedback received from private sector ...
Bitcoin is getting close to its all-time high
April 26th, 2017
Bitcoin is closing in on a record high after the US Securities and Exchange Commission has approved Bats Exchange’s pettition to reconsider the Winklevoss bitcoin ETF. The cryptocurrency was trading up 2.1% at $1,281.76 a coin as of 1:57 p.m. ET, and ...
Litecoin price rises
April 25th, 2017
Often dubbed as ‘silver to bitcoin’s gold’, Litecoin has been around for around six years. While Litecoin is broadly built on a structure similar to Bitcoin’s, it has a faster block generation rate and hence offers a faster transaction ...
The Bitcoin price tripled in 12 months; What’s the future?
April 24th, 2017
The Bitcoin price was traded at around $420 on major Bitcoin exchange markets in April 2016, while in twelve months in April 2017, its price went up to around $1260. This means that Bitcoin price tripled since last year. ...
Bitcoin to gain legal status in India, reports local media
April 21st, 2017
A televised news report from CNBC India on 20th April reveals that the Indian government is leaning toward granting legality to bitcoin and virtual currencies in the country amid regulations with taxes to be levied on adopters. Last week, ...
Bitcoin value rises over $1 billion
April 13th, 2017
Bitcoin value rises over $1 billion as Japan, Russia move to legitimize cryptocurrency Bitcoin price has risen over 8 percent in the last week Japan passed a law to accept bitcoin as a legal payment method Russia is reportedly ...
