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Tag Archives: Currency

Bahamas Central Bank to Launch Pilot Digital Currency

The Central Bank of the Bahamas is planning to introduce a government-backed pilot digital currency, Jamaica Observer reported June 22. Speaking at the Bahamas Blockchain and Cryptocurrency Conference earlier this week, Deputy Prime Minister and Minister of Finance of the Bahamas, K Peter Turnquest, made the announcement, saying that the development of a fully digital payment service is “the way ...

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Bitcoin Price Watch: Currency Sinks to New Low

At press time, bitcoin has shrunk down to $6,100 – the lowest it’s been in nearly four months. All the talk of bitcoin developing newfound resistance appears to be moot; the coin remains as vulnerable as ever, and traders should brace themselves for bitcoin to strike the $5,000 range next. The problems seem to be stemming from Asia: India and ...

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Crypto Tech Isn’t Good Enough National Digital Currency, Says Swiss Central Bank Director

The board director of the Swiss central bank Thomas Moser voiced his doubts about the possibility of an ‘e-franc’ state cryptocurrency when speaking at the 2018 Crypto Valley Blockchain conference in Zug, Switzerland yesterday. SwissInfo reports that Moser stated the potential impact of cryptocurrencies and blockchain tech on the traditional finance system is unclear and the technology isn’t at an ...

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Crypto ‘Too Primitive’ to Issue State Digital Currency

Board director of the Swiss National Bank (SNB) Thomas Moser said that cryptocurrencies and blockchain technology are too primitive to consider issuing a state-backed digital currency, local news outlet swissinfo.ch reported June 21. Speaking at the Crypto Valley blockchain conference in Zug, Moser compared blockchain in its present condition with the “useless innovation” of compact discs (CDs): “Something similar has ...

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Bitcoin Price Watch: Currency Still at $6,700

Bitcoin is not changing. This is both a negative and a positive sign. $6,700 is nothing to be particularly pleased about considering the currency was trading in the $7,000, $8,000 and even $9,000 ranges over the past two months, yet we can’t help but feel a little relieved that bitcoin has not dropped any further. While $6,700 is not anything ...

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Alibabacoin Foundation Releases Multi-Crypto Wallet after Huge ICO Success – Crypto Currency News

HomePress ReleaseAlibabacoin Foundation Releases Multi-Crypto Wallet after Huge ICO Success The Alibabacoin Foundation is celebrating the historic release of their long-anticipated Multi-crypto Wallet with a massive airdrop event. The innovative team of blockchain specialists at Alibabacoin Foundation seek to maintain the success they have enjoyed in 2018 with the release of this software on the App Store and Google Play. ...

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Bitcoin Cash Price Watch – BCH/USD Back On Bullish Run, Looking To Break $900 – Crypto Currency News

Bitcoin Cash Price Watch: Bitcoin Cash (BCH) returns to bull run. Key Highlights: Bitcoin Cash price bounced back from its decline this past weekend, now looking to break $900 once again. BCH/USD is back on a bullish run after establishing support at around $860. The $910 price level is considered a major resistance point. Bitcoin Cash Price Watch: BCH/USD Looking ...

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Another Celebrity Enters the Crypto Market – Crypto Currency News

Akon launches Akoin: To add to the list of celebrities that have been entering the cryptocurrency market, singer Akon has announced that he has launched his own cryptocurrency called Akoin. Akon Launches Akoin: Cannes Lions 2018 Akon announced his new coin Akoin at the Cannes Lions 2018 ‘Blockchain, Entrepreneurship and Empowering the Future’ panel on Saturday, June 18th. Leading up ...

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John McAfee vs. Zhao Changpeng – Crypto Currency News

Crypto World Cup Day 7 was full of insanely tight matches, but who came out on top? Let’s see! Today’s big matchups include: John McAfee vs. Zhao Changpeng Brad Garlinghouse vs. David Sonstebo Tim Draper vs. Tyler Winklevoss In matchday one, Brad Garlinghouse defeated Eric Voorhees and Tim Draper defeated Zhao Changpeng both 1-0. Tyler Winklevoss and John McAfee put ...

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