Vatican City and financial players on using cryptos to stop human trafficking LeapRate

November 07, 2017 BY Mariela Naydenova

Vatican City and financial players on using cryptos to stop human trafficking

Despite Bitcoin's hockey-stick price chart over the last week, hitting $7,500 level, still, the general perception of the digital currency is that it can be largely used for illegal purposes like drug and human trafficking, terrorist financing and others. Now, Vatican City is working with major financial institutions to better understand the use of crypto…

November 07, 2017 BY Mariela Naydenova

Indian companies going out on a limb with blockchain

India seems to be going out on a limb with the technology of blockchain, since many Indian companies are now using it for improvement of various services and products. The India Times reported that Bajaj Finserv, the holding company of Bajaj Group's NBFC and insurance firms, is using blockchain technology for services like travel insurance, for…

November 07, 2017 BY Valentina Kirilova

SIA with R3 to accelerate the adoption of blockchain applications by 600 banks and corporates

SIA and R3 announced that they have launched a strategic partnership aimed at speeding up the global development and adoption of blockchain applications by leveraging SIAnet’s 600 nodes provided to financial institutions, corporates and public administrations. As part of the partnership, SIA will build a secure and protected network called SIAchain, which will be integrated…

November 06, 2017 BY Mariela Naydenova

The potentiality of Bitcoin being one of the greatest bubbles ever

The price chart of Bitcoin now resembles a "hockey stick". A constantly increasing price with time, with only small corrections here and there. Bitcoin is now trading at around the $7,300 level, hitting new all-time highs almost every week for the past month. With 889% growth this year, according to Coinbase, Bitcoin has helped the…

November 06, 2017 BY Mariela Naydenova

SatanCoin - what's next?

With the surge of thousands of ICOs each month, and the unbelievable growth of the digital currency industry, the next coin in line is not other but the SatanCoin. The SatanCoin was created to serve no real purpose except for the fun part of ICOs and tokens. The web page states:"Damned are thy mortal coins".…

November 06, 2017 BY Mariela Naydenova

Credit Suisse's CEO: "Bitcoin is the very definition of a bubble"

With Bitcoin coming up at $7,400 this past week, more prominent public figures are expressing negative opinions on the actual viability of the digital currency. After JP Morgan Chase's CEO, Jamie Dimon, and the Chairman and Founder of Bridgewater Associates, Ray Dalio, called bitcoin a "fraud" and a "pyramid scheme", the next CEO who put…

November 03, 2017 BY Mariela Naydenova

Bitcoin just surpassed $7,400, with an annual increase of +900%

Bitcoin price hit a new all-time high on Friday, 3rd November, surpassing $7,400. Thus, the current total market capitalization of cryptocurrencies is around $200 billion, according to CoinMarketCap. The current total market cap of Bitcoin itself is around $123 billion, representing 62% of the total capitalization of all digital currencies. The "people's currency" was up with…

November 03, 2017 BY Mariela Naydenova

Steamr lists its DATAcoin token on Bitfinex after CHF 30 million crowd contribution

Streamr, the decentralized real-time data economy, today announced that its token called DATAcoin (DATA) has been listed on Bitfinex, one of the world’s largest cryptocurrency exchanges. The listing on Bitfinex came into effect at 12 noon UTC, allowing DATAcoin holders trade against BTC, ETH and USD. The announcement follows Streamr’s successful crowd contribution period that…

November 03, 2017 BY Mariela Naydenova

Reality Shares Applies for Bitcoin ETF

After the numerous failed attempts for SEC to approve a series of applications for Bitcoin ETFs, investment management company, Reality Shares filed an application to the SEC for Bitcoin ETF on Thursday, 2nd November, as reported by TheStreet. The application says that the ETF is called the Reality Shares Nasdaq Blockchain Economy exchange-traded fund. According to…

November 03, 2017 BY Mariela Naydenova

Amazon in the cryptocurrency game - what does it mean for investors?

One of the largest companies in the world, Amazon is said to be launching its own cryptocurrency. Amazon.com Inc. (Nasdaq: AMZN) registered three cryptocurrency domain names on Oct. 31, 2017: AmazonEthereum.com, AmazonCryptocurrency.com, and AmazonCryptocurrencies.com, according to MoneyMorning. The retail giant has not started accepting any form of Bitcoin or Ethereum, but the rumors about Amazon…

Category: Cryptocurrency