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Tag Archives: Currencies

Bitcoin Payroll Startup Bitwage Adds 18 New Currencies

Bitcoin payroll startup Bitwage has today announced support for an additional 18 fiat currencies, including the Russian ruble. Founded in 2014, the startup uses bitcoin to let employers route international payments to workers, allowing them to receive wages in either a local fiat currency or bitcoin, or a combination of …

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Price of bitcoin will collapse, says economist who wrote the book on currencies

CAMBRIDGE, Mass. (Project Syndicate) — Is the cryptocurrency bitcoin the biggest bubble in the world today, or a great investment bet on the cutting edge of new-age financial technology? My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse. …

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Fundstrat launches five indexes to track bitcoin and other digital currencies

A prominent Wall Street strategist who predicted bitcoin could more than quadruple in value in five years has created five indexes to track digital currencies. Fundstrat Global Advisors’ Thomas Lee said in a report Friday that the FS Crypto FX indexes are for institutional investors “to better understand the evolution …

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European banks like the look of digital currencies, but bitcoin not on their list of favourites

European banks are very interested in the potential of digital currencies, but do not believe that bitcoin is likely to become a generally accepted form of money, according to the head of Swiss bank UBS. Bitcoin has become very popular in some countries – in Switzerland, bitcoin machines allowing people …

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The New Arena of Digital Currencies – Blockchain for Beginners

Just as other technologies battled it out, as investors we could know who would have the durable competitive advantage…patience my friends…Apple proved that! Look at Warren Buffett’s 1994 and 1996-99 shareholder letters, it certainly will be the future but who will be the leader either the brand or the business …

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China’s bitcoin-exchange ban puts digital currencies under pressure

The two most popular digital currencies, bitcoin and Ethereum, fell Monday after Chinese authorities over the weekend said they planned to shut down platforms that help individuals buy and sell bitcoin in the country, dealing a fresh blow to the nascent industry. A single bitcoin …

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Dark web finds bitcoin increasingly more of a problem than a help, tries other digital currencies

Criminals are dropping bitcoin in favor of other digital currencies that are harder for law enforcement to use in tracking activities in an anonymous corner of the internet known as the dark web, analysts said. Although hard numbers on criminal activity in digital currencies are difficult to pin down, Shone …

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Value of all digital currencies hits record around $160 billion as bitcoin, Ether climb

Bitcoin and Ether cryptocurrencies rose Monday, helping digital currencies broadly to an all-time valuation record. The total value of the digital-currency universe tracked by data research site Coinmarketcap.com, including those linked to the Bitcoin BTCUSD, +0.05% …

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Are Failing Currencies Boosting Crypto Interest?

Bitcoin has long been touted as a digital currency that would gain traction where government-issued monies have failed – but is it really doing so? Though some have written off the notion as the cryptocurrency has become more accepted as a store of value, new data actually supports the correlation. …

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Bitcoin, Ether extend gains, even as digital currencies take a regulatory hit

Bitcoin rose modestly on Thursday as the most prominent digital currency recovers from recent sharp declines that briefly put it into correction territory. Moves for the cyber monetary unit come as Securities and Exchange Commission temporarily suspended trading in the shares of First Bitcoin Capital Corp. …

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