It’s been a big year for cryptocurrency. In particular, bitcoin – the first and best known unregulated, exclusively digital currency – was trading near $6,000 as of late October 2017, with some analysts predicting that in the future, prices will peak somewhere north of $10,000....
Billionaire investor and Saudi Arabian prince Alwaleed bin Talal dismissed Bitcoin on Monday (Oct. 23), saying on CNBC’s “Squawk Box” that he expects the value of the unregulated cryptocurrency to “implode.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Bitcoin surged beyond $6,000 in trading late last week, setting a new record for the cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Plenty of industries and companies are eyeing blockchain – the technology that enables cryptocurrencies, such as bitcoin – but when it comes to corporate investors, SBI, Google, Overstock.com, Citi and Goldman Sachs are standing out from the pack. Get the Full Story Complete the form...
Shares of Overstock.com rose 11.6 percent on Tuesday (Oct. 17) as a result of the company’s investment in blockchain, CNBC reports. The stock has reached four-year highs due to investor interest in the technology. Get the Full Story Complete the form to unlock this article...
Russia is making a big move in the digital currency market, announcing that it will soon be offering its own cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Might seamless cross-border payments be among the holy grails of payments? Think of the complexities: multiple currencies, time zones, financial institutions, regulations … the list goes on. Speed and simplicity are prizes to be desired in cross-border transactions (as they are to be prized in...
JPMorgan, along with Royal Bank of Canada and Australia and New Zealand Banking Group Limited, announced Monday (Oct. 16) the launch of the Interbank Information Network (IIN). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
JPMorgan’s CEO Jamie Dimon is at it again – he’s slamming bitcoin, the popular digital currency, just weeks after receiving flack for calling it a fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
