Search Results for: digital currencies
Nasdaq CEO believes cryptocurrencies will have a role in the future
January 24th, 2019
Adena Friedman, President and CEO of Nasdaq on January 20 made a publication titled “New chapters in innovation and disruption will be written in 2019”. The CEO’s opinion based on the details of the document is that cryptocurrencies will ...
Cryptocurrencies dropped on Thursday; Bitcoin gave up the $4,000 level
January 10th, 2019
Cryptocurrencies dropped on Thursday as Bitcoin gave up the $4,000 level it’s hovered around since the start of the year. The largest digital currency slumped as much as 6.2 percent in the European morning, erasing an earlier small gain ...
Bitcoin rallies; Other top cryptocurrencies followed
December 20th, 2018
After weeks of pain for the world’s largest cryptocurrency, bitcoin surged 10 percent to a high of $3,929.10 on Wednesday morning, according to data from CoinDesk. The performance brought bitcoin’s three-day gains to more than 22 percent. Other top ...
Lebanon prepares to launch digital currency
December 7th, 2018
Lebanon’s Banque du Liban governor, Riad Salameh, said that preparations were underway to issue a digital currency in the Lebanese pound, to be used locally only. In comments made at the opening of the Anti-Cybercrime Forum in Beirut, Salameh ...
Cryptocurrencies are set to go mainstream in Malaysia
November 29th, 2018
Bank Negara Malaysia, the Central Bank of Malaysia, moves to regulate the world of digital monies in the country from next year onwards. The move is expected to instill some public confidence in the viability of these tokens, and ...
Leading Japanese shipping line to introduce its own digital currency
November 22nd, 2018
Nippon Yusen K.K., Japan’s largest shipping line by sales, is introducing its own digital currency for crew members, people with knowledge of the matter said. The goal is to make it easier for seafaring workers to manage, send and ...
The formation of the Digital Currency Trade Association announced
November 5th, 2018
The Digital Currency Trade Association (DCTA) has launched a membership trade association focused on the new digital asset economy. The DCTA is organized as a “business association” under IRS tax law 501(c)(6) and the goal is to organize and ...
3 things you need to look for about cryptocurrencies
October 25th, 2018
Cryptocurrencies are digital tokens you can buy through an online exchange or through Initial Coin Offers (ICOs). Many online exchanges are unregulated, so it’s important to understand the risks before you invest. What are cryptocurrencies? Cryptocurrencies use encryption technology ...
Cryptocurrencies suffer $18 billion drop in value over three days
October 15th, 2018
Bitcoin finally began to stabilize Friday, but not before the total cryptocurrency market lost $18 billion of its already waning value in the course of a few days. The entire market capitalization for cryptocurrencies fell by $18 billion over ...
Bitcoin crash: This man lost his savings when cryptocurrencies plunged
September 12th, 2018
An estimated $400 billion has been wiped off the value of major cryptocurrencies since January. Sean Russell’s life savings were among them. Russell rarely played the stock market and had little investing experience when he put around $120,000 into ...