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Finance – Page 228 – DIGIT INFO

Visa Veto Leaves Several European Cryptocurrency Cards Locked Out

European cryptocurrency card holders are awakening to discover that their plastic is now worthless. A Visa-led crackdown has seen several crypto card issuers forced to call an end to their services across Europe. Visa subsidiary Wavecrest is being blamed for the withdrawal of service, which affects scores of crypto card issuers including Bitwala, Tenx, Bitpay, … Read more

Strong Cryptocurrency CFD Volumes Bring Record Revenues for Plus 500

The latest trading update from Plus 500 reveals a growing appetite for cryptocurrency exposure among contract-for-difference (CFD) traders. Also Read: Ethereum Over $1000 and $100B Market Cap, BTC Dominance at 32% Record Low Plus Bitcoin, Plus Ripple, Plus500 London Stock Exchange AIM-listed online brokerage Plus 500 (LON: PLUS) has announced it achieved record quarterly revenues … Read more

The Ultimate HODL – BitConnect (BCC)

Make your Bitcoin (BTC) work for you For all you hard-core believers in Bitcoin (BTC) out there, I have a simple proposition. As you wait your turn for Bitcoin (BTC) to explode alongside 2018’s new, much higher, coin market-cap (sitting comfortably over $750 Billion as I write these words), there’s another way to make serious gains … Read more

From Mansions to Prisons: Bitcoin and Real-Estate Doesn’t Mix So Well

There’s been a lot of hype surrounding purchasing real-estate with cryptocurrencies like bitcoin. However, even though bitcoin has spiked considerably in value using the asset for purchasing properties and homes is not so easy. Also read: Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy Bitcoin Real Estate Purchases Come With Difficulties Lately, … Read more

Japan’s GDP Grows Due to Bitcoin Wealth Effect

Analysts Yoshiyuki Suimon and Kazuki Miyamoto claim bitcoin will assist Japan in a Gross Domestic Product (GDP) boost of 0.3% heading into the first three months of 2018. At the end of 2017, the cryptocurrency boasted a ¥12 trillion market capitalization, and if trends continue into early this year, that could translate into lifting Japanese … Read more

2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices

On December 30th, 2016 the price of bitcoin (BTC) was $960 USD, and since then the price had risen 1,941 percent 350 days later to an all-time high of $19,600 across global exchanges. Now the price rests at roughly $13-14K but a lot more has changed this year besides the significant price rises of bitcoin … Read more

Israel Weighs “Digital Shekel,” Its Own National Cryptocurrency

Israeli officials are debating whether or not to create their own cryptocurrency, joining a growing list of governments that have proposed their own state-sponsored digital currencies in 2017. Israel Debates the Merits of Crypto The Israeli government may create its own “digital shekel,” according to sources close to Israel’s Finance Ministry.   The discussions are part of an … Read more

Major Korean Banks Drop Bitcoin Point Swap Services

South Korean banks are further distancing themselves from bitcoin following the government’s ”emergency” regulation which bans them from direct involvement in cryptocurrency-related activities. Shinhan Bank and KB Kookmin Bank have announced that they are discontinuing their points for bitcoin exchange services in January. Also read: South Korea Clarifies Position After Reports of Possible Ban on All … Read more

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