Cryptocurrencies – Page 1353

Bitcoin vs Altcoins: Which Cryptocurrency Is the Most Usable as Money?

Bitcoin remains the cryptocurrency most usable as actual money, but other coins are catching up

German Bank Offers Special Accounts to Cryptocurrency Firms

German Bank Offers Special Accounts to Cryptocurrency Firms The Berlin-based Banking-as-a-Platform (BaaP) institution Solarisbank has recently announced the launch of their new banking service plan that’s focused on clients from the blockchain and digital currency industry. The newly featured resource called the ‘Blockchain Factory,’ will offer financial management services to companies whose business operations deal directly and indirectly with cryptocurrency solutions and blockchain technology. […]

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Bank of Korea Says Crypto Investment Poses ‘Insignificant’ Risk to Local Financial Market

South Korea’s central bank says crypto poses “insignificant” risks for financial institutions, with domestic banks holding a “not really big” $1.79 bln in crypto at the end of 2017

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Bitcoin Trading in Chinese Currency Drops Below 1% of World Total

Bitcoin Trading in Chinese Currency Drops Below 1% of World Total Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. Also read: Crypto Exchange Binance Expects up […]

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Crypto Markets Rally, With Bitcoin Pushing $7K, Ethereum Close to $500

Crypto markets see a wave of confidence, with Bitcoin pushing the $7K price point, and Ethereum close to $500

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Blockgeek’s Ameer Rosic: ‘Everyone Is Smart Enough to Lose or Make Money’ in Crypto

According to Blockgeek’s Ameer Rosic, blockchain tech still has a long way to go before it will reach the level of scalability needed for widespread adoption

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Crypto Exchange Binance Expects up to $1 Billion Profit in 2018

Crypto Exchange Binance Expects up to $1 Billion Profit in 2018 Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year. The trading platform has already registered about $300 million of revenue in the first half of 2018 and a five-fold increase in the number of users. The data demonstrates a serious growth for Binance which is taking steps to […]

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Regulatory Round-Up: U.K. Chief Blockchain Officer, DLT Cohort in FCA Sandbox, Central Bank Calls Crypto ”Fallacy”

Regulatory Round-Up: U.K. Chief Blockchain Officer, DLT Companies in FCA Sandbox, Central Bank Calls Crypto ”Fallacy” In recent regulatory news, U.K. minister, Eddie Hughes has published a report that advocates for the creation of a “Chief Blockchain Officer,” the U.K. Financial Conduct Authority has announced that a number of distributed ledger (DLT) companies have been accepted into cohort 4 of its regulatory sandbox, and Finland’s Central Bank has published a report […]