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Is Litecoin The Future of Cryptocurrency? Despite bitcoin's relative youth at just under 10 years old, its fervent popularity has spawned a cryptocurrency revolution and several competitors. An influx of new money from both retail investors and institutional entities means that these alternative cryptocurrencies, or "altcoins", are under new scrutiny ...
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Cryptocurrency Valuation: Can We Still Go In? We couldn't help asking ourselves: Is there a bubble in Cryptocurrency? If the answer is yes, then out next questions will be: how big is the bubble? Can I still go in at this price level? In order to answer these questions, first we need to have a way to know its fair or intrinsic value. Again it is no easy task ...
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OilCoin: The World's First Compliant Cryptocurrency A team of banking and technology managers and former U.S. regulatory commissioners said on Monday that they are launching the world's first regulatory compliant cryptocurrency backed by a physical asset—OilCoin, which will be based on oil reserves. OilCoin's public token sale, also known as the ...
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Bitcoin Startup Predicts Cryptocurrency Market Will Grow As Much As $100 Billion in 2018 With a wave of institutional investors expected to enter the Bitcoin game in coming months, safely storing cryptocurrency is becoming a top priority. BitGo, a virtual wallet provider based in Palo Alto, Calif., said Monday it raised $42.5 million in venture capital fundraising as it gears up to service a hoard of ...
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Stocks Hold Modest Gains, As Nasdaq Leads; This Cryptocurrency Play Soars The major market averages edged higher in early morning trade Monday. The tech-heavy Nasdaq composite moved up 0.3%, while the Dow Jones industrial average and the S&P 500 held gains of 0.2% apiece. X Meanwhile, Bitcoin futures rose 15% to to about $17,600 Monday morning in their trading ...
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PayPal Founder: Cryptocurrency is the 'elephant in the room' Levchin, now 42, recently connected with the Associated Press to discuss the state of digital payments, computer security and bitcoin, a cryptocurrency whose value has ranged from about $1,000 to more than $19,000 this year as investors have bet on its future prospects. The interview has been edited ...
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Cryptocurrency fraud doubled to $1.7M in Canada this year Canadians have been swindled out of more than $1.7 million via scams involving cryptocurrencies such as bitcoin so far this year — more than double the amount during all of 2016. The Canadian Anti-Fraud Centre says that's more than five times the amount people lost to these types of scams in 2015, ...
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Imposter Cryptocurrency Wallet App Races Up Apple's Store Charts A new wave of Bitcoin-mania surged through the internet this weekend—and with it, a new crop of sketchy opportunists. Bitcoin apps were very popular in the Apple app store, and one using the name of a completely unrelated cryptocurrency wallet service now holds the number three position in the ...
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Craigslist Just Made It Easier to Use Bitcoin The popular classified site Craigslist has quietly added an option that will make it easier for people to swap used cars, furniture, and other items for digital currencies like bitcoin. The new feature, spotted by a blockchain news site, permits sellers to tick a box saying "cryptocurrency ok" to indicate they will ...
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Russia Set to Utilize Cryptocurrency to Avoid US Sanctions Thus, administrators are looking to move away from the US dollar in their trading and possibly turning to cryptocurrency as an alternative. In October 2017, the Russian Central Bank indicated that it was considering launching a national cryptocurrency following First Deputy Prime Minister Igor Shuvalov's ...
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