Cryptocurrency News
While the number of major global banks announcing blockchain tech trials continues to escalate, Russian payments company Qiwi remains a rarity in its home country of Russia. The payment service announced last September it had built a proprietary digital currency called the ‘BitRuble’, a project that received widespread interest due to the negative climate for … Read more
Blockchain — the “B”-word — is in vogue among bankers. UBS CEO Sergio Ermotti said this month the technology could disrupt the current financial system. JPMorgan and Citigroup were among several banks to pour over $50 million into Blythe Masters’ blockchain startup, Digital Asset Holdings, in January. A group of 40 banks is trialing the … Read more
While critics are still dubious of the future viability of the digital currency bitcoin, at least one group sure isn’t: venture capitalists. VCs pumped more investment into bitcoin and blockchain-related startups last year than in any previous year—nearly $1 billion. They’re keeping this industry hot, even if we haven’t yet seen a so-called “killer app,” … Read more
Ethereum price after trading towards $10.00-10 recovered. However, ETH/USD is now below a major resistance area of $11.00 that can be a sell zone. Ethereum Price – 100 SMA as Resistance Ethereum price recently struggled to trade with a positive tone, and as a result, there was a downside move taking ETH/USD towards $10.00-10. The … Read more
The phenomenal rise in the value of Ethereum a few weeks ago had people speculating about Ethereum turning out to be a Bitcoin killer. The increasing value of Ether and a surge in trading volumes has led to a comparison between both digital currencies. Now, is the comparison between both platforms exaggerated? Bitcoin and Ethereum Bitcoin is … Read more