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SNB Chairman Views Cryptocurrency as Investment, Not Currency During an event this week, the Chairman of the Swiss National Bank offered a cautious assessment of digital currencies. According to a report from Reuters, Chairman Thomas Jordan suggested that Bitcoin and other cryptocurrencies should be viewed "more as an investment than a currency." He also ...
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Ethereum Price Moves Closer to $500, as New All-Time Highs Achieved From the beginning of September to mid-November, the price of Ether remained stable in the $300 region, after plummeting from $390 to $300 after the initial coin offering (ICO) and cryptocurrency trading ban imposed by the Chinese government. However, in mid-November, the price of Ether started to ...
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Bitcoin the Cryptic Currency On June 22 this year, the Punjab Police arrested six people for kidnapping a Patiala trader, Ashu Jain. The police said an MBA graduate, Deepak Sharma, was the gang leader. The ransom demand: 20 bitcoins.Welcome to the world of bitcoin, the leading light in a cache (computer memory) of new age ...
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What is Initial Coin Offering (ICO) and How Does it Work ? In its essence, Initial Coin Offering is a way for a company to fund a cryptocurrency venture; it is a non-traditional financial system in which a certain percentage of the cryptocurrency is sold to early investors to the project. ICO involves selling a new, future cryptocurrency to investors, in exchange for a ...
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Coingather Exchange Has Been Offline for Days and No One Knows Why Coingather, a tiny cryptocurrency exchange, has disappeared from the web, alarming customers who fear their funds are gone. The Coingather.com domain has been offline since Wednesday November 22, and with no word on Twitter from customer support, there are fears the site's operators have ...
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