Earlier this week, Ripple announced a new agreement with The Saudi Arabian Monetary Authority (SAMA) to help banks in the nation improve their payments infrastructure. This announcement comes several weeks after Ripple’s CEO, Brad Garlinghouse, unofficially revealed the partnership at the Blockchain Connect Conference in San Francisco. The partnership will allow several banks from the…
Details
After a volatile week that saw many short-term investors panic, cryptocurrencies have finally found their anchor. Cointelegraph’s Gareth Jenkinson blames the lack of stability on fear and doubt, particularly by investors who jumped into Bitcoin around the time that it reached its all-time high in December. News of a clampdown on cryptocurrencies by governments and…
Details
Bitcoin suffered a sharp decline over the past few days, falling below $10,000. A deeper analysis of sentiment drivers, however, shows that Bitcoin’s bad publicity has little foundation, as every piece of bearish news turned out to be nothing more than a misinterpretation. Given the popularity of Bitcoin and other cryptocurrencies in India, it should…
Details
Most Bitcoin owners and cryptocurrency buffs are familiar with the phenomenon of forks. Some dread them due to a potential negative effect they could have on the main currency, while others hope to use them to achieve a profit. But what are they? In simplest terms, a fork is a user-powered derivative of the original…
Details
In recent months, there have been a number of events that have caused short-term volatility in cryptocurrency markets. These have included suggestions of increased regulation around cryptocurrency trading by certain Asian governments and, more simply, short-term traders exiting the market to realize substantial gains. On January 8, it happened yet again, when there was what…
Details
2017 could rightfully be called the year that Bitcoin was embraced. The cryptocurrency has been in circulation since 2009 and has enjoyed reasonable pricing throughout its history, but it wasn’t until last year that investors and institutions truly opened up to the idea of a valuable and decentralized digital currency. With this acceptance came a…
Details
The value of traditional assets and currencies tends to be determined by the standing of companies or governments issuing them. While Bitcoin’s decentralized status acts as one of its perks, it can also lead to perplexing valuations; in the absence of fundamentals, faith plays a major role in determining Bitcoin’s value. In particular, a show…
Details
It’s official, Bitcoin has been named Investopedia’s 2017 “Term of the Year.“ Anyone familiar with the digital currency might not find this news surprising, as Bitcoin’s rapid rise has been the talk of even those outlets and institutions who have previously taken a lukewarm approach to it. Bitcoin beat out various other trending searches, such…
Details
As Bitcoin continues to establish itself among investors, companies around the world are experimenting with the idea of offering their employees payment in the form of Bitcoin. One of them is Japanese web hosting company GMO Internet, which recently gave its employees the choice of converting part of their salary to Bitcoin. The offer is…
Details
Although Bitcoin futures have barely landed on the market, the U.S. Securities and Exchange Commission’s real-time filing system EDGAR shows that two companies are looking for approval to launch their Bitcoin ETFs. REX and VanEck submitted their applications early this week. Should the SEC grant its stamp of approval, neither REX nor VanEck will need…
Details
