Sentences with phrase «demand for the digital currency»

While different countries have previously rejected the use of cryptocurrency, some are beginning to see its possible value and the growing demand for a digital currency.
However, for the year, bitcoin gained by more than 1,400 percent, representing a massive surge in demand for the digital currency.
As bitcoin became a legal method of payment, demand for the digital currency from retail as well as institutional investors has risen steadily.
«How do we develop well - capitalized and regulated markets in the U.S. and Europe if financial innovators aren't allowed to bring products to market that grow domestic demand for digital currencies like bitcoin?»
How do we develop well - capitalized and regulated markets in the U.S. and Europe if financial innovators aren't allowed to bring products to market that grow domestic demand for digital currencies like Bitcoin?»
In the announcement ADGM acknowledges the global demand for digital currencies, stating that «virtual currencies, although not legal tender, are gaining interests globally as a medium of exchange for goods and services.»
Bitcoin slumped as South Korea's justice minister reiterated his proposal to ban local cryptocurrency exchanges, fueling concern that a government crackdown will erode one of the world's biggest sources of demand for digital currencies.
At their storefront, they offer a 2 percent discount on Bitcoin purchases, the sort of rebate Bitcoin merchants will need to offer if they want to increase demand for the digital currency.
Lately, regulatory concerns have been undercutting demand for digital currencies as of late, specifically a warning last week from the Securities and Exchange Commission over crypto - trading platorms, market participants said.
Despite the unprecedented market demand for digital currencies all over the world, there has been a surprising lack of high quality and secure, yet easy - to - use products and services in many regions, in particular Europe.
Bitcoin is being helped by growing institutional demand for the digital currency, as hedge funds, day traders and other mainstream investment outfits look to access this burgeoning asset class.
Analysts say the high demand for digital currencies like Bitcoin makes it near inevitable that Australian authorities will be forced to regulate the industry.
The Enterprise Ethereum Alliance (EEA)-- an organization created for promoting Ethereum — is solely focused on generating demand for this digital currency.
Telcoin is the latest cryptocurrency set to raise funds through an initial coin offering (ICO) to capitalise on Asia's rising demand for digital currencies despite the controversy surrounding their validity and risks to investors.
A surge in demand for digital currency in Zimbabwe has highlighted an interesting quirk in the trading of bitcoin, as well as the current economic woes the African country is facing.
Also, GMO opened a Bitcoin exchange to address the explosive increase in demand for the digital currency from local casual and institutional investors.
The Abu Dhabi Global Market acknowledges the global demand for digital currencies, stating that: «virtual currencies, although not legal tender, are gaining interests globally as a medium of exchange for goods and services.»
Our support of Bitcoin Cash is another example of how Uphold continues to innovate and further represents our expansion and support of the growing demand for digital currencies, including tokens, coins and emerging assets.
The RTI — calculated by Crypto Facilities — is sourced in the same manner as the BRR, however, data is sampled from major exchanges (Bitfinex, Bitstamp, Coinbase, Genesis Global Trading, itBit, Kraken) every second and aggregated into one giant order book that will serve as an indicator of global supply / demand for the digital currency.
The BCH launch comes just a few weeks after Uphold announced support for the Basic Attention Token (BAT), and represents Uphold's next step in the expansion of its platform to support the growing demand for digital currencies, including tokens, coins and emerging assets.
Our roadmap is chalked full of exciting new additions, and partnerships that will continue Uphold's vision to create an ecosystem to support the growing demand for digital currencies, including tokens, coins, and emerging assets.
The Japanese government's legalization of Bitcoin and the elimination of taxes for Bitcoin trading have hugely impacted the Bitcoin trading ecosystem and the demand for the digital currency in Japan.
Our support of XRP is yet another example of how Uphold continues to expand and support the growing demand for digital currencies, including tokens, coins, and emerging assets.
This makes Mercury an ideal broker and trading platform for countries like Venezuela where the demand for digital currencies is soaring as their Fiat currency has failed in light of the disastrous government policies.
I still believe that with supply being constant, growing demand for this digital currency will eventually take prices straight to the moon, which is my BTC price forecast is nothing but bullish.
It's easy to predict that with these major businesses showing interest in moving one or more of their business lines to Ethereum, demand for this digital currency may continue to head north.
The vast majority of these token sales are creating ERC20 tokens on the Ethereum network, and since investors need Ethereum in order to invest in the token sales the demand for the digital currency has exploded.
The demand for digital currencies is on the rise and there is already an estimated 80,000 businesses currently accepting Bitcoin throughout various countries.
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