The upswing in Bitcoin prices comes at a time of ongoing blockchain and cryptocurrency conference in New York, which is attended by influential market players and big investors. Late on Monday, the price of bitcoin surged to more than $8,000 – its highest level since July 2017. The crypto currency’s rally is gaining further momentum.…
Among the measures South Korea will take is baning the anonymous opening of cryptocurrency accounts; the measures will also have legislative backing. On Thursday, the South Korean government said, it will impose additional restrictions in order to reign in wild speculation in Bitcoin, a cryptocurrency, that is being traded within the country. “The government had…
The cryptocurrency is making steady gains towards legitimacy, a move which is likely to draw attention of institutional investors. The bitcoin hit yet another milestone with the CME Group, the world’s largest derivatives exchange operator, launching trading in bitcoin futures. This step towards legitimacy is likely to attract large institutional investors towards it. Trading on…
Read further on why investors including Bain Capital, Digital Currency Group and others are taking basecoin so seriously. U.S. investors, including the Digital Currency Group, have taken part in a pre-sale of basecoin, a crypto-currency which will be created by three Princeton University computer science graduates,Intangible Labs CEO and co-founder Nader Al-Naji. The other investors…
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