Cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Cryptocurrency
Crypto Up $14B In A Day As Bitcoin Gains 10 Pct
March 24, 2020

Following a mass sell-off as markets dropped due to the global coronavirus pandemic, cryptocurrency has rebounded more than $14 billion while bitcoin rallied, gaining 10 percent, according to a Tuesday (March 24) report. Alt coins Ethereum rose 7 percent and XRP was up 5 percent....

Cryptocurrency
JPMorgan Chase Settles Class-Action Suit Accusing Bank Of Overcharging Credit Fees On Digital Currency Buys
March 12, 2020

Plaintiffs in a case that alleged JPMorgan Chase charged clients too much for buying digital currencies with their credit cards have reportedly arrived at a settlement with the bank, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Bitcoin Rallies Above $8K After Two-Month Low
March 10, 2020

Bitcoin exceeded the $8,000 mark early Tuesday morning (March 10) before falling below the threshold at approximately 11:30 a.m. Eastern time. The digital currency experienced the rally after falling to two-month lows, CoinDesk reported. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Blockchain.com Investors Can Now Borrow Against Holdings
March 10, 2020

To allow users to borrow against their holdings, digital currency wallet and exchange company Blockchain.com unveiled a “Borrow” Service. The offering will provide loans in stablecoins that are denominated in U.S. dollars against bitcoin holdings kept in the Blockchain Wallet, Coindesk reported. Get the Full...

Cryptocurrency
India’s Supreme Court Reverses Ban On Crypto Trading
March 05, 2020

And now, in India, get ready for the crypto deluge. 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 newsletter, PYMNTS Today. By completing this...

Cryptocurrency
Incoming BoE Gov Scrutinizes Libra
March 04, 2020

Andrew Bailey, the incoming governor of the Bank of England (BoE), said that he wasn’t sure about Facebook’s proposed digital currency, Libra, because he wasn’t sure about whether it had backing by actual assets, according to a report by Reuters. Get the Full Story Complete...

Cryptocurrency
Japan’s Central Bank Calls For Nuance With Gov-Backed Crypto
February 27, 2020

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said that before they issue their own digital currencies, central banks around the world should attempt to get a better understanding of the pros and cons of the process, according to a report by Reuters. Get the...

Cryptocurrency
Judge Lets XRP Lawsuit Proceed Against Ripple
February 27, 2020

A class-action lawsuit that threatened the world’s third-largest virtual currency, XRP, will continue, as it was not thrown out at the request of blockchain payment services provider Ripple, according to Bloomberg on Wednesday (Feb. 26). Get the Full Story Complete the form to unlock this...

Cryptocurrency
Crypto Broker Tagomi Joins Libra Association
February 27, 2020

Tagomi, a digital currency upstart, will reportedly become the newest Libra Association member. According to reports on Wednesday (Feb. 26), a formal announcement is to occur Friday or the week to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...