Sentences with phrase «other alternative currencies»

Regulation of the cryptocurrency market spread globally after the massive gains Bitcoin and other alternative currencies experienced in the later part of 2017.

Scan executive James Gorbold said the company is also looking into other alternative currencies, such as litecoin.

Algeria, Morocco, Bolivia, Ecuador, Kyrgyzstan, Nepal and Bangladesh have all issued bans — or at least begun the process — on bitcoin and other alternative currencies, in order to stamp out tax evasion and irresponsible trading.

Some of the facts that it iterated include: digital currencies not being insured by the Federal Deposit Insurance Corporation (FDIC), virtual currencies lacking governmental regulation, the value of bitcoins and other alternative currencies are volatile and investors need to depend on the security strength of their computer and Internet connection to ensure funds in their digital wallets are protected.

Still, other alternative currencies were created in the past with all these properties, including the Liberty Dollar and E-Gold.

As noted yesterday, the stellar performance of ether, litecoin and other alternative currencies could attract new buyers, thus capping the upside in BTC.

Moreover, its price is on the same level with that of the other alternative currencies at present.

This is one of the reasons why bitcoin and other alternative currencies may be soon banned in Russia.