Cryptocurrency

Cryptocurrency
Bitcoin Sinks Below $5K
November 19, 2018

The bitcoin bust continued Monday (Nov. 19), with the price of the cryptocurrency falling to $4,905 by mid-afternoon, a decline of at least 12 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
IMF Head Says Central Banks Should Look At Issuing Digital Currency
November 14, 2018

IMF head Christine Lagarde called on central banks to seriously consider issuing digital currency to fill the gap left by the declining use of cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
SWIFT Debunks Ripple Integration Rumor
November 07, 2018

SWIFT threw cold water on a rumor Wednesday (Nov. 7) that it helped drive the price of XRP, the cryptocurrency associated with Ripple, ahead of Ethereum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Is The UK’s Mulling Of Crypto Derivative Ban A Sign Of Things To Come?
November 05, 2018

Bitcoin and other cryptocurrencies trade at levels far off peaks, a bit above lows. There is hope that new trading opportunities — such as through derivatives — will boost liquidity and investor count. The U.K. is the latest country to splash some cold water on the notion...

Cryptocurrency
XRP Revenues Double For Ripple In Q3
October 26, 2018

Ripple said that its revenues related to the sale of the digital asset known as XRP gained ground in the third quarter of this year, more than doubling over the second quarter (that is, sequentially). Get the Full Story Complete the form to unlock this...

Cryptocurrency
North Korean Hacking Group Lazarus Takes In $571M
October 19, 2018

Internet hackers have pilfered $882 million of digital currency from crypto exchanges since last year, but one group in particular has netted roughly half that amount: Group-IB noted in a report that a North Korean hacking group, Lazarus, has taken $571 million through an analysis...

Cryptocurrency
Barclays Nixes Crypto Trading Plan
October 16, 2018

In the midst of cryptocurrency trading volatility, one more bank has backed away from a trading project — this time it is Barclays. As reported by sites such as Financial News, the investment firm has scrapped plans to bring to market a cryptocurrency trading project....

Cryptocurrency
Crypto Markets Lose $13B In Three Hours
October 11, 2018

In about three hours, $13 billon of value was wiped out of the crypto market as the values of major digital currencies plunged. Bitcoin dropped by roughly 5 percent and Ethereum and XRP dived by more than 10 percent at around 10:30 a.m. HK/SIN time,...

Cryptocurrency
Bitcoin Miners Fail To Make A Profit Despite Surge In Revenue
October 10, 2018

Bitcoin miners have around $4.7 billion in revenue in 2018 — but because of the cost of electricity, miners are failing to make a profit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...