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Tag Archives: Currencies

Bitcoin explained: What is it? What’s up with its price? Will it ever take over from traditional currencies?

Bitcoin has rocked headlines this year as its price jumped more than 100 per cent to reach new all-time highs – but what is it? As the cryptocurrency breaks into the mainstream market, we take you back to basics. What is bitcoin and where did it come from? Bitcoin is …

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Global investors put real value in bitcoin, other digital currencies – Houston Chronicle

Houston Chronicle Global investors put real value in bitcoin, other digital currenciesHouston ChronicleSome recent events may have convinced investors that these currencies are here to stay – including a move from the government of Japan to make bitcoin legal. But that only explains part of the rise, cryptocurrency experts say. …

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Cryptocurrencies More Assets Than Actual Currencies, Says Morgan Stanley

In a 43-page whitepaper titled “Blockchain: Unchained?” , Morgan Stanley stated that both investors and regulators view cryptocurrencies as assets than actual currencies. Get exclusive analysis of bitcoin and learn from our trading tutorials. Join Hacked.com for just $39 now. Morgan Stanley released the whitepaper on Tuesday, however, since …

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Bitcoin price rise may mean respectability for digital currencies

Unlike gold or dollar bills, the digital currency known as bitcoin does not physically exist. There is no there there. Even so, there is excitement – and speculation. And a wild rollercoaster ride. The price of bitcoin has more than tripled in the past six months. At one point in …

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Bitcoin Surge Is Driven by People Leaving Riskier Digital Currencies, Say Execs

Bitcoin’s dramatic surge may be more than just a speculative frenzy. The recent rally is being driven partially by enthusiasts rotating out of riskier digital assets and into the more established cryptocurrency, according to industry executives. “A lot of the volume into bitcoin right now is actually not dollar or yen …

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Govt Invites Citizen Comments on Virtual Currencies

The Indian government is opening itself to public comments and suggestions about the regulation and legality of virtual currencies like bitcoin in the country. Get exclusive analysis of bitcoin and learn from our trading tutorials. Join Hacked.com for just $39 now. Earlier in March this year, India’s Ministry of …

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Other Currencies Look To Take Bitcoin’s Place

Share Tweet Share Share Share Email While bitcoin has enabled criminals to move their activities online, notably the ransom payment of choice for last weekend’s WannaCry malware incident, those well-versed in the cryptocurrency space know that bitcoin, while hard to track, is far from completely anonymous. All bitcoin transactions by …

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Are National Currencies Headed To The Blockchain? – Forbes

Forbes Are National Currencies Headed To The Blockchain?ForbesBlockchain technology is moving from theory to reality, and it seems to be happening even faster than many expected. The use of blockchain promises to bring along significant efficiency in financial transactions and financial inclusion in developing … and more » Source link

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Are National Currencies Headed To The Blockchain? – Forbes

Forbes Are National Currencies Headed To The Blockchain?ForbesBlockchain technology is moving from theory to reality, and it seems to be happening even faster than many expected. The use of blockchain promises to bring along significant efficiency in financial transactions and financial inclusion in developing … Source link

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Bank of Korea: Cryptocurrency Costs Unlikely to Crowd Out Fiat Currencies

South Korea’s central bank has published a new working paper analyzing a dual-currency regime by pitting cryptocurrencies against traditional fiat currencies. Penned by economists and academics from the Bank of Korea and Seoul’s Hongik University, the working paper, titled ‘Crowding out in a Dual Currency Regime? Digital versus Fiat …

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