Category: Currency and Forex
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Weiss Announces First Bitcoin and Cryptocurrency Grades by U.S. Rating Agency
Risky Crypto Market to Get the Clarity Only Impartial Ratings (Cryptocurrency Grades) Can Provide PALM BEACH GARDENS, Fla., Jan. 17, 2018 /PRNewswire/ — Weiss Ratings, the nation’s leading independent rating agency of financial institutions, will issue letter grades on cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, NEM, Litecoin, Stellar, EOS, IOTA, Dash, NEO, Monero, Bitcoin Gold and many others.…
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BCX Mainnet Launches: Delivering the Future for the Bitcoin Community
NEW YORK, Jan. 15, 2018 /PRNewswire/ — BCX, operated by BitcoinX Foundation, is a promising fork of Bitcoin, today announced that it’s Mainnet launched successfully on January 15, 2018. This indicates BCX is able to offer unlimited possibilities for the Bitcoin community. With its successfully Mainnet launch, BCX now supports SegWit, Lightning Network, Replay Protection, Unique Address Format, DAA difficulty Adjustment and blake2b GPU mining. Slow transaction…
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Same Day ACH Payments Grew 51 Percent from November to December 2017 and Totaled More than 75 Million in 2017
Payroll, Bill Payment and B2B Payments Are Significant Use Cases HERNDON, Va., Jan. 11, 2018 /PRNewswire-USNewswire/ — Same Day ACH debit and credit transactions totaled 15.2 million in December, an increase of 51 percent over November’s volume, according to data released today by NACHA—The Electronic Payments Association®. The significant increase in Same Day ACH transactions from November…
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Bitcoin Price Holds Near the $14,000 Mark
Bitcoin price holds at about $14,000 on thursday after rebounding from a sell-off last week. According to data from Coinbase, the leading U.S. cryptocurrency trading platform, bitcoin price was trading near 14,204 on Thursday evening. Bitcoin, the world’s largest cryptocurrency by market cap, rebounded over 40 percent from a low of $10,400 it hit on Friday. The price rose…
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SBI BITS and nChain Announce Strategic Partnership to Support Cryptocurrency Security and Bitcoin Cash
TOKYO, Dec. 6, 2017 /PRNewswire/ — SBI BITS Co., Ltd., the financial technology provider company that is a wholly-owned subsidiary of SBI Holdings, Inc. (HQ: Tokyo, Japan; Representative Director, President & CEO: Yoshitaka Kitao) and nChain, the blockchain research and development pioneer (HQ: Antigua; nChain research business in London, UK; Chairman of the Board: Stefan Matthews) announce a strategic partnership to collaborate on…
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What Gives Cryptocurrencies Their Value
The value of cryptocurrencies like bitcoin, just like any other kind of money, comes fundamentally from what you can do with it. As a follow up to What Backs Bitcoin, I want to dig into that value. The idea, which comes from Austrian economist Carl Menger, is that just as a shovel’s value comes from its…
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Bitcoin Investment Trust Announces Abandonment of Bitcoin Diamond and Bytether
NEW YORK, Dec. 1, 2017 /PRNewswire/ — Grayscale Investments, LLC, the sponsor (the “Sponsor”) of the Bitcoin Investment Trust (OTCQX: GBTC) (the “Trust”), announced that it has irrevocably abandoned (i) all of the rights to Bitcoin Diamond tokens currently held by the Trust as a result of the fork in the Bitcoin blockchain on November 24, 2017 and (ii) all…
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62 Insane Facts About Bitcoin
Bitcoin is a virtual currency that uses Blockchain technology for secure payments and storing money electronically, without requiring a bank or a person’s name. Satoshi Nakamoto created this cryptocurrency back in 2009. The biggest advantage of Bitcoin is that it’s not under control of central authority, government or private company, so people are free from…
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Monaco Selects Gemalto’s Innovative Metal Card to Bring Power of Cryptocurrency to Every Wallet
HONG KONG, Nov. 14, 2017 /PRNewswire/ — Monaco, the pioneering payments and cryptocurrency platform, announced today that it has selected Gemalto to supply innovative card bodies, among which are high-end metal cards for Monaco’s range of Visa Platinum cards. Such cards, coupled with the Monaco app, deliver perfect interbank exchange rates and up to 2% cryptocurrency cashback on all purchases. In the…