Search Results for: blockchain
Altcoin Surge Ends; Bitcoin Continues to Shine toward $1,800
May 10th, 2017
The altcoin surge has ended. After climbing for the past seven days, the majority of altcoins fell today while bitcoin has continued to rise. Ripple, which yesterday replaced Ethereum for the number two cryptocurrency based on market cap, fell ...
Bitcoin hits $1,600 for the first time
May 9th, 2017
Bitcoin is “fully valued” and could see a pullback in the short term after hitting $1,600 for the first time on Monday, according to one investor, but the price could go as high as $4,000 over the next 14 ...
New virtual currency tied to oil takes aim at bitcoin
May 3rd, 2017
A new virtual currency launched Tuesday aims to rival industry leader bitcoin by pegging its value to hard oil assets, a first in the rapidly growing digital money sector. The currency called “bilur” and created by London-based financial services ...
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. ...
New global fund to raise $300 Million for digital currency investments
April 24th, 2017
Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, ...
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, ...
Nasdaq launches FinTech investment program
April 20th, 2017
Nasdaq (Nasdaq:NDAQ), one of the world’s leading providers of technology and services to the capital markets, announced today the launch of a venture investment program, Nasdaq Ventures, dedicated to discovering, investing in and partnering with unique fintech companies worldwide. The ...
Bitcoin Price Reaches $1,220, Three Main Factors to Influence its Growth
April 19th, 2017
Major factor: Japanese market The Japanese Bitcoin exchange market has experienced an increasing demand for Bitcoin over the past few weeks. Earlier this month, the Japanese retail giant Bic Camera began to accept Bitcoin in all of its retail ...
Multinational financial services firm to join the IC3 initiative for CryptoCurrencies & Contracts
April 13th, 2017
Fidelity Labs, the R&D and Innovation unit of Fidelity Investments, is the first in the financial services industry to join faculty members at Cornell University, Cornell Tech, UC Berkeley, University of Illinois at Urbana–Champaign, and the Technion, along with ...
Bitcoin touches 3-week high as Russia mulls recognizing it as a currency
April 12th, 2017
The price of a single bitcoin on Tuesday climbed to its highest level in three weeks following reports that Russian authorities might recognize the world’s most popular digital currency as a legitimate financial instrument some time next year. If ...
