Sentences with phrase «by cryptocurrencies in»

Ripple's progress today adds up to the list of all - time highs attained by cryptocurrencies in this year.

Draper predicts that a major part of today's fiat currency market will be dominated by cryptocurrencies in the future.

In recent weeks, Goldman Sachs, Bank of America, and JP Morgan have all cited the threat posed by cryptocurrencies in their annual filings to the SEC.

If you've been burned by cryptocurrencies in the last few months, these stocks could offer the returns you're looking for.

VeChain, on the other hand, displayed what was, by far, the best performance by any cryptocurrency in the past 24 hours.

Not exact matches

Bitcoin's recent woes have been widely attributed to moves by the authorities in South Korea and China to tackle the issue by banning cryptocurrency exchanges.

Since Ripple controls 61 % of the world's supply of XRP coins — 61 billion out of 100 billion in total — the gains placed Larsen's personal position in the cryptocurrency as well as his share of the XRP owned by his company at a dizzying total of $ 59.8 billion.

Expect nation - by - nation regulation of cryptocurrency, perhaps a requirement that national cryptocurrencies be decoupled from international systems, and maybe even a government issued cryptocurrency in the longer - term future.

In recent months, there has been a huge push to attract non-crypto-nerds to the space for the first time — led by companies that didn't traditionally deal with cryptocurrencies.

This year, it's also being cited by some as contributing to bitcoin's slump in January as Asian traders are perceived to be cashing out their cryptocurrencies to buy gifts for the holiday season.

The value of the cryptocurrency bitcoin is melting down Thursday, having dropped 20 % against the dollar by midday Eastern Time in only two hours of frantic trading.

Bitcoin skidded a further 12 % on Wednesday, marking an almost halving in value from its peak price, with investors spooked by fears regulators could clamp down on the volatile cryptocurrency that skyrocketed last year.

Now, MetaStable owns about a dozen different cryptocurrencies, including Bitcoin (which one of the fund's co-founders, Lucas Ryan, originally received for free in 2011), Ethereum, and Monero (of which the fund holds nearly 1 %, or about $ 6 million worth, of all outstanding coins), according to a pitch deck seen by Fortune.

Increased regulatory scrutiny, Google banning cryptocurrency - related ads, and continued bitcoin selling by the trustee of Mt.Gox, was behind the fall in cryptocurrency prices.

ECB President Mario Draghi said at a press conference in October that cryptocurrencies are not «mature» enough to be considered by the ECB for regulation.

The man who called bitcoin's rise to $ 10,000, fund manager Michael Novogratz, has over 20 percent of his net worth in cryptocurrencies and told CNBC that he sees the possibility of it reaching $ 40,000 by the end of next year.

Around 21 percent of wealth advisers surveyed by Knight Frank said their clients increased investments in cryptocurrencies in 2017.

In Silbert's crystal ball, the cryptocurrency will be accepted by every e-commerce website and force money - transfer giants like Western Union and MoneyGram to close up shop.

In 2017, the government bannedICOs — a way for start - ups to raise funds by selling off new digital currencies — and shut down domestic cryptocurrency exchanges.

The current craze for bitcoin, and cryptocurrencies in general, have been likened by some to the 17th century Dutch tulip mania and more recently the dotcom bubble.

Bitcoin.com - not to be confused with the non-revenue making bitcoin.org - was founded in 2015 by bitcoin investor Roger Ver, and provides a range of services related to bitcoins, including a bitcoin casino, news services and its so called bitcoin «mining pool» - the site's biggest single source of revenue - where it forges new units of the cryptocurrency to be released for trading.

One of Royds Withy King's three cryptocurrency cases involves an original investment of 80,000 pounds ($ 111,600) made by a spouse in November 2016.

In the fall, the Chinese government clamped down on the frenzy by banning initial coin offerings, or ICOs, and by tightening controls on cryptocurrency exchanges.

But he says Fidelity continues to learn valuable lessons, including about recent campaigns by miners to create so - called «forks» in blockchains, which serve as an immutable record of all cryptocurrency transactions.

Cryptocurrencies will experience a «heavy correction» of 90 percent leading to a «mass market wipe out,» a technology investment bank predicted in a report seen by CNBC on Wednesday.

Many are open to the idea of dipping their toes in the cryptocurrency world whether it's by backing crypto hedge funds or participating in ICOs directly.

A popular chat app, Telegram, is the latest established company looking to cash in on the cryptocurrency craze by selling digital tokens in a so - called initial coin offering, or ICO.

When Jeremy Allaire cofounded Circle in 2013, dark - web markets and criminal activities dominated the discussion about cryptocurrency — and he cut against the grain by resolving to work closely with regulators.

In the case of national cryptocurrencies, the blockchain technology would supplant the clearing process now handled by commercial banks, undermining an important revenue stream.

«The criminal profits were also laundered via cryptocurrencies, by means of prepaid cards linked to the cryptocurrency wallets which were used to buy goods such as luxury cars and houses,» Europol said in a statement.

It is thought to be the biggest theft of cryptocurrencies, surpassing the $ 400 million in bitcoin lost by cryptocurrency exchange Mt. Gox in 2014.

An ICO is a means of raising capital by issuing and selling new crypto tokens in exchange for cryptocurrencies like bitcoin and ethereum.

Policymakers from Australia to Singapore to South Korea have warned about investing in cryptocurrencies as bitcoin rallied a dizzying 19-fold this year, saying price surges are mostly driven by speculation that carried huge risks.

REcoin was advertised as «The First Ever Cryptocurrency Backed by Real Estate,» while DRC, or Diamond Reserve Club, claimed to be backed by investments in diamonds.

The Bitcoin cryptocurrency symbol on a stone sphere monument painted black by unidentified persons in Oktyabrskaya Square in Yekaterinberg, Russia.

«I took about a month to research it, look back in the code, look back in the white paper,» referencing the bitcoin outline authored by the cryptocurrency's mysterious creator, Satoshi Nakamoto.

Plus500, which is listed in London, said the performance was down to a surge in new customers, drawn in by the return of market volatility and the continuing interest in cryptocurrencies.

By some ultra-wealthy enthusiasts, Lamborghinis are considered to be «the single acceptable way to spend money in the Ethereum cryptocurrency community,» according to The New York Times.

LONDON, April 12 - Cryptocurrency prices jumped on Thursday, led by a surge in bitcoin to two - week highs, with people active in the market citing a squeeze on traders who have bet against prices, given a lack of obvious news to trigger the gains.

China plans to limit power use by some bitcoin miners, people familiar with the matter said last week, a potential challenge to an industry whose energy - intensive computer networks enable transactions in the cryptocurrency.

NEW YORK, April 18 - A start - up launched by three Princeton University graduates for a new cryptocurrency has raised $ 133 million from a slew of big investors in a private placement, Intangible Labs Chief Executive Officer and co-founder Nader Al - Naji said on Wednesday.

LONDON — Revenue at trading platform Plus500 jumped 284 % in the first quarter of the year, led by a surge in cryptocurrency trading, the company said on Tuesday.

Facebook, the second largest online ad provider, took similar action in January by banning ads on «binary options, initial coin offerings and cryptocurrency.»

Just over a month ago Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG, and State Street joined UBS and BNY Mellon in a project to launch a cryptocurrency — the «utility settlement coin» — set for a limited back - end run by 2018.

Whereas traditional investment methods require a firm to list in one country and utilize (at least initially) one exchange, creating and selling its own cryptocurrency allows a firm access to finance from anyone, anywhere, outside the normal constraints imposed by state - issued currencies.

Users are encouraged to engage in actions that will benefit other members and the community as a whole by rewarding such actions with Soma Community (SCT), a cryptocurrency designed to incentivize the members of the decentralized community to perform value - adding services and act as a fast, secure and cost - effective way of compensation.»

Cryptocurrency Billionaire, 53, Dies in Drug Rehab in Mexico After Battle With Addiction, by Alana Abramson

«The government does not recognize cryptocurrency as legal tender or coin and will take all measures to eliminate the use of these crypto - assets in financing illegitimate activities or as part of the payment system,» Arun Jaitley told lawmakers in New Delhi, according to a transcript by The Hindu newspaper.

Jon Montroll, 37, was accused on Feb. 21 in a civil complaint by the Securities and Exchange Commission of running his cryptocurrency site BitFunder as an «unregistered securities exchange» and of defrauding users.

Part of the reason for the lack of filings — especially for a year that saw investor interest in cryptocurrencies surge — is that every single trade and purchase using cryptocurrencies is considered a taxable event by the IRS.