EXCLUSIVE — It’s not even a month into #2018 and already so much has changed. The #cryptocurrency #bitcoin, which shocked everyone by surpassing $ 17K, further shocked everyone by dropping below $ 10K. Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., to the rise of […]
Bank Innovation
#American Express is the “most-loved” financial service on #social #media in #2017, according to a recent report, followed by #PayPal, Vanguard and #bitcoin. NetBase examined 55 brands across sectors including banking, credit cards, investment banking, payment services, insurance, online lenders and crypto. To find out which brand was the consumer favorite, at least on social […]
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EXCLUSIVE—The U.S. Securities and Exchange Commission, or SEC, has expressed serious reservations regarding #bitcoin #ETFs, in a public letter published on the regulator’s website yesterday. The reservations come at a time when bitcoin has experienced a series of falls in value, just wobbling over its previously celebrated mark of $ 10,000. The #currency is standing at […]
Bank Innovation
INV #Global, which includes INV #Fintech, this site’s sister accelerator, announced its upcoming #token #offering at the North American #Bitcoin Conference (#TNABC on Twitter) yesterday in Miami. The global accelerator is launching an application to support the #corporate venture ecosystem by connecting them with the most relevant startups. The INV application aims to streamline the interactions and transactions […]
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Sure, #cryptocurrency and #bitcoin might seem like the talk of the town, but a recent survey found that #most #people #don’t even #know what a digital currency is. According to a survey conducted by cryptocurrency platform COBINHOOD, only 56% of the 1,035 Americans surveyed knew that cryptocurrency is a digital decentralized currency designed as a […]
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EXCLUSIVE – If 2017 was the #year that brought #bitcoin into mainstream finance, will #2018 be the year for ether? Powered by the Ethereum #blockchain, ether started the new year on a positive note, hitting an all-time high of $ 914 today, according to CoinDesk’s Ethereum Price Index. While the currency’s price has wobbled since then, […]
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#South Korea today said it would allow regulators to close virtual currency exchanges as well as ban all anonymous digital currency accounts as part of one of the many measures it has outlined to crack down on digital trading. The announcement likely contributed to the #price of the best known #cryptocurrency, #bitcoin (BTC) to #drop […]
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#Bitcoin has had a volatile December, from reaching an all-time high of over $ 19K to crashing down more than 30%. There is no dearth of reasons for why the price for #cryptocurrency has been falling, from blaming the recent the hack of South Korea’s cryptocurrency exchange Youbi last week, or simply an overall reluctance by […]
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Top #bitcoin marketplace #Coinbase has rolled out support for rival digital currency Bitcoin #Cash, prompting a 10% drop in the value of bitcoin yesterday. The platform, which is the most popular place for U.S. users to buy and sell bitcoin, said yesterday that users would immediately be able to buy and sell Bitcoin Cash, “once […]
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Wall Street bank #Goldman #Sachs will be setting up a #trading #desk for #cryptocurrencies like #bitcoin, with the desk set to be up and running by the end of June 2017. Cryptocurrencies are notorious in the financial world for their volatile price surges and dips — bitcoin, for instance, is down 25% as of 9am […]
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