Search Results for: cryptocurrency
Gold and Bitcoin jumps after Trump win; investors seek safe assets
November 10th, 2016
Digital currency joins gold surge as bitcoin price climbs nearly 4% after Trump win Trump’s shock election wins sent shock-waves across the world’s financial markets. As uncertainty reigned supreme, investors turned away from equities and towards bitcoin. Joining the ...
Bitcoin Price Jumps on Trump Victory
November 10th, 2016
The shocking news of Donald Trump’s election victory rattled markets across the world, leading some investors to seek refuge in assets outside of stocks and bonds. The price of gold surged, as it usually does during times of uncertainty, ...
Bitcoin Price Makes Gains as Trump Pulls off Unlikely Presidential Victory
November 9th, 2016
As the US Presidential poll count began earlier today, bitcoin price has made steady increasing gains as investors flocked toward the cryptocurrency in a day that saw the most improbable victory in modern political history. As polling in the ...
Venezuelans are turning to bitcoin as the bolívar crumbles
November 4th, 2016
Venezuela’s currency has lost so much of its value that people have given up on counting the notes—they just weigh piles of cash. So far this year, the bolívar has lost nearly half its value compared to the dollar, while ...
China Foreign Exchange Trade System (CFETS) joins R3 distributed ledger consortium
November 3rd, 2016
Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Shanghai, CFETS ...
Bitcoin Regulation is on Swiss Government’s Fintech-Friendly Agenda
November 3rd, 2016
Switzerland’s Federal Council has called for reducing the barriers seen by Fintech firms to enter the country which could see broader implications on the country’s regulatory stance on virtual currencies like bitcoin. In a meeting today, the Swiss Federal ...
42 Banks Join New Japanese Blockchain Consortium
November 2nd, 2016
42 banks are joining a newly-created Japanese blockchain consortium to enhance the cross-border payment industry. The consortium will focus on research and development, and will cover domestic and foreign exchange services by utilizing blockchain technology. The Japanese blockchain organization ...
New bitcoin rival promises anonymity for online purchases
November 2nd, 2016
A new cryptocurrency launched late last week, claiming to allow users to make online purchases anonymously and sparking controversy and a negative reaction from the authorities. Zcash launched last Friday and is currently worth $498 dollars per coin, in ...
Swiss rail ticket machines to sell bitcoins
November 1st, 2016
Bitcoin users will soon be able to buy the digital currency from Swiss rail ticket machines. The pilot project starts on November 11 and will initially last two years to see how much demand there is for the service. ...
The price of bitcoin has risen by 19% in October
November 1st, 2016
In a year of monster hackers, the rise of new cryptocurrencies, and its own unresolved “civil war” over how to enlarge its transaction capacity, bitcoin has not only survived, but thrived. The price of bitcoin has risen by 19% ...
