Fiat money will lose its significance to gold and the cryptocurrencies in the next twenty years, said Robert Kiyosaki, bestselling author of “Rich Dad Poor Dad” and his latest ,”Why The Rich Are Getting Richer.” The self-proclaimed gold bug is one of few investors to be bullish on both bitcoin and gold, noting that the […]
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Facebook is exploring the creation of its own cryptocurrency, a virtual token that would allow its billions of users around the world to make electronic payments, people familiar with Facebook’s plans told Cheddar. “They are very serious about it,” said one of the people, who asked not to be identified discussing unannounced plans.
SAN FRANCISCO — Some of the biggest names on Wall Street are warming up to Bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated fringes of the financial world. The parent company of the New York Stock Exchange has been working on an online trading platform that would allow […]
The SEC is scrutinizing Ether, second only to bitcoin in value, to determine if it should be considered a security; the decision could affect other digital currencies launched through initial coin offerings. The second most valuable cryptocurrency behind bitcoin, Ethereum, is under regulatory scrutiny by the Securities and Exchange Commission (SEC), which is considering whether […]
The co-Founder of Nuo, Varun Deshpande announced on twitter that they are opening a bank in Singapore. This is not just a normal bank but a virtual bank for cryptocurrencies. He also stated that they will open an ATM for virtual digital money as well. They are also introducing a new technology- Advanced Robotic Account […]
Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple dominate the cryptocurrency market, representing $241 billion or 70% of the total market cap. The entire cryptocurrency market cap is currently $343 billion, up from $10.5 billion in 2014. The aggregate market capitalization increased by more than 2,500% in 2017 alone. However, research conducted by Axa Investment […]
It seems Mastercard is gradually softening its stance on cryptocurrency, after CEO Ajay Banga downplayed non-government mandated digital currencies as “junk” back in October last year. In a conversation with Financial Times, Ari Sarkar, Mastercard co-president for the Asia-Pacific region, said the company is open to explore cryptocurrencies created and backed by governments.
The Future of Bitcoin It’s going to be big … or, not. A version of the technology that’s meant to make cryptocurrency payments faster and cheaper went live Thursday.
Cryptocurrency exchanges are charging between $50,000 and $1 million to list initial coin offerings, according to a Business Insider investigation. “The exchanges are where the liquidity is — it’s where the money is — so that’s where the power is just at the moment,” Michael Jackson, a partner at venture capital firm Mangrove Partners, told […]
The cryptocurrency market, which trades various digital-based coins, can look exciting, scary, and mysterious all at once to the casual observer. Its pioneer, Bitcoin, dramatically surged in value and steeply dropped (before picking back up) in recent months. ICOs (initial coin offerings for new cryptocurrencies), meanwhile, are emerging at a head-spinning rate.