Sentences with phrase «last as a digital currency»

Also, the awareness that astronomical gains don't continue forever doesn't mean that bitcoin won't last as a digital currency and as an alternative to using dollars and other currencies to make purchases.

Not exact matches

President Nicolás Maduro laid out a plan last month to create a homegrown digital currency known as the Petro, which would be similar to Bitcoin but backed by the government's oil and natural resources.

The exchange, as well its cross-town rival CME Group, both received clearance from the US Commodity Futures Commission last week to launch bitcoin futures, which would allow investors to bet on the future price of the red - hot digital currency.

What has once been described as a stagnant, slow and stuck in the middle entity is now rising faster than it has in quite some time, and digital currency enthusiasts are keeping their fingers crossed and hoping things last this way for quite a while.

Since the last submission of a bitcoin ban draft law presented to the Russia's legislative assembly, the Duma, many deemed as uncertain the future of the digital currency industry.

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.

During the last couple of months, the digital currency has seen an interesting evolution, as it has managed to grow from roughly $ 200 / coin to an average of $ 420.

After surging as much as 20 % last week, many pundits now believe a medium - term low is in place, blaming the recent selloff on tax related selling — digital currency owners who made money in 2017 are having to convert crypto into fiat money to pay their taxes.

Last week, Federal Reserve Governor Jerome H. Powell discussed the use of the blockchain and digital currencies as they relate to the Fed's broad policy objectives.

Those who currently hold large amounts of bitcoin are advised to not sell yet, as the price will likely increase even more, considering the fact that the last couple of months have represented a period of stability and popularity rise for the digital currency.

Ajay Banga) Director, MasterCard said last fall that MasterCard will find a way sign in to games for created by the government digital currencies, identifying all other kryptowaluty without the support of the government as «garbage».

However, as seductiveness in digital currencies peaked last year and their common market cap swelled to more than $ 850 billion, governments started to take regulatory action.

Last month an altcoin called auroracoin was distributed to the people of Iceland to serve as a nation - specific digital currency.

Bitcoin has finally reached such a stage as the digital currency has soared in value over the last year.

Nasdaq Inc. is planning on bringing bitcoin to a greater pool of investors, as the digital currency's price briefly surpassed $ 11,000 last Wednesday.

It has also enjoyed massive growth in its value over the last decade and as this digital currency continues to go mainstream so increases the potential uses and convenience of it.

Japan is the first country to legitimately regulate cryptocurrency, as it passed legislation last year requiring digital currency exchanges be registered and subject themselves to inspection.

After regulating digital currency exchanges in the country last year, the Japanese Diet has signed a landmark bill that will allow the use of digital currencies like bitcoin as a legal method of payment.

Last year, a California district court allowed the tax agency to require San Francisco - based digital currency exchange Coinbase to submit records of all transactions that took place from 2013 to 2015 as part of an investigation into possible tax fraud in the country.

These figures fell far short of this digital currency's transaction activity over the last month, as 24 - hour trading volume reached $ 22m on 24 March and $ 15m on 1st April.

This relative calm contrasts with the sharp volatility that bitcoin prices experienced in the last several days, as the digital currency reached an all - time high of more than $ 1,325 before the SEC's ruling on the proposed bitcoin ETF.

Just last month, the Japanese officials announced the launch of its own digital currency which they have named as J - Coin.

The digital currency jumped as much as 21 percent to an unprecedented $ 3,423.37, even after bitcoin's division last week.

Bitcoin is familiar to many people as a decentralized digital currency whose value, in the last year, has soared more than seven-fold to above $ 7,000.

Bitcoin is a phenomenon of the digital age, a currency without borders or regulation, a form of money that is totally anonymous — and, as a result, it has been taking off slowly but surely over the last five years, especially among geeks and tech - enthusiasts.

For instance, CoinDesk is owned by Digital Currency Group (DCG) who in turn has funded 80 - odd companies over the last few years, including about 10 mentioned in this article (such as Coinbase and BTC China).

It is quite clear that Apple has a problem with bitcoin wallet, which allowed users to send and receive the digital currency, as Blockchain was the last bitcoin wallet available in the App Store, and apps such as ZeroBlock (iTunes link) that provide a real - time bitcoin ticker and news feed continue to be available in the App Store.

Accenture's involvement in the crypto space may not come as a surprise, given the company's response to the UK Treasury's s call for information on digital currencies obtained by CoinDesk last month.

The most valuable digital currencies are all holding up well above their lows form Monday, as the whole segment is up by almost 40 % on average, despite the overnight dips of the last two days.

As Cointelegraph reported last week, the day after the KYC law went into effect, the Korea Customs Service (KCS) published a press release that revealed that more than $ 600 mln in digital currency had been traded under the new law.

Bitcoin adoption has been steadily growing over the last 24 months, and many are beginning to turn to the digital currency as both a form of payment a...

Digital currency trading company ShapeShift understands the increasing importance of offering secure services safe from the hacks that have plagued the space in the last year, and has turned to Canadian security expert Michael Perklin to step in as the new Chief Information Security Officer.

The ECB has spoken out about digital currencies in the past, describing them as «inherently unstable» in a report published last March.

Last month, the director of the central bank's Digital Currency Research Institute pitched the idea of a state - run cryptocurrency as a means to stabilize the yuan.

In the Bitcoin news today — Venezuelan authorities are cracking down on Bitcoin mining facilities and are focused on «weakening» these mining operations within the region; Ethereum at a crossroad as corporate interest grows; Last week at the World Economic Forum 2017 Annual Meeting in Davos, Switzerland, the technology firm Bitfury announced the formation of the Global Blockchain Business Council (GBBC); Cryptoseed Adds Security to Your Bitcoin Recovery Seed; Paxful has unleashed their new «Bitcoin Kiosk» widget allowing anyone to buy bitcoin in 300 different ways; A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments — 60 page report.

This comes after Merrill Lynch told employees last month not to offer clients Grayscale's Bitcoin Investment Trust (GBTC), a financial instrument directly holding the digital coin, as the brokerage broadly eschews the virtual currency.

The digital currency's market value is lower than last week and the network's hashrate has dropped considerably, as it

The digital currency's market value is lower than last week and the network's hashrate has dropped considerably, as it is currently more profitable to mine the legacy chain.

China's central bank governor Zhou Xiaochuan said last Friday that the country does not recognize digital currencies such as Bitcoin as legitimate forms of payment.

As the price of Bitcoin and other cryptocurrencies have skyrocketed over the last several months, so too has the price of the tools used to mine for the digital currencies, including the cost of graphics cards.

Plans for a Malta Digital Innovation Authority were revealed last month, and the country is in the process of formalizing a «Virtual Currency Act» that will pave the way for a first - of - its - kind auditing framework made specifically to regulate blockchain - driven investment operations such as token sales.

Trading volumes in BCH / KRW pair offered by Bithumb, one of the largest cryptocurrency exchanges in South Korea, have gone up by 42 percent in the last 24 hours and currently has the highest volume at $ 1,296,300,000 ranking as number one market according to CoinMarketCap.This may be due to the fact that the Financial Supervisory Service (FSS) Governor Choe Heung - sik said Thursday that the watchdog is not considering digital tokens, such as Bitcoin, as legitimate currency and thus has no plan to supervise transactions of the cryptocurrency.

Ajay Banga, the CEO of MasterCard, had also said last fall that MasterCard would find a «way to be in the game» for government - created digital currencies, labelling all other cryptocurrencies without government - backing as «junk.»

Within the last week, Showtime websites were identified as having been running a type of script that lets the sites mine visitors» extra CPU power for digital currency.

Earn.com, which enables users to earn digital currency for answering emails and completing tasks, last week launched a new project: Airdrops, described on the company's website as a way for blockchain entrepreneurs to give users a free trial of a new token and thus gain early adopters.

Shortly after last month's ban on cryptocurrency trading, PBoC - affiliated researcher Huang Zhen wrote that he expects the bank to issue a «sovereign digital currency under the auspices of the central bank» as soon as it is able, and the bank itself has issued similar statements in the past.

Last year, employees took part in multiple Ethereum meetups as part of their research into the digital currency, said White.