Quantum computing may be the next big thing. The concept of quantum computing comes from the fact that unlike the bit in the classical silicon computer, which is basically a binary choice of either one or zero, a qubit (the core of quantum computers) will alternate between one, zero or a position of in-between these…
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Only a couple of days after China announcing the domestic ban of several exchanges trading bitcoin, the cryptocurrency is back with 30% price increase in several days. The news that the Chinese exchange bans will not really impact the overall cryptocurrency industry around the globe calmed the markets. Only in the afternoon today, September 18th,…
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After hitting historic lows of $3,000 in the last week, Bitcoin is now stabilizing its price level with rising $600 and gradually shaking away the China new cryptocurrency policies and JP Morgan's CEO slandering comments. According to CryptoCompare data from this morning, September 15th, the price of Bitcoin has risen with around 2% to $3,620.…
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Up until recently, national banks and governments enjoyed a full monopoly over people. With the rise of cryptocurrencies and the sharp rise in fintech, "people's currency" is becoming more and more popular around the world. However, the monopoly over money has become a serious issue for both institutions and big-time CEOs. As a result, the…
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As BTCChina announced that it will stop new users from registering from September 30th, the price of bitcoin fell down with $1000 since the start of the month. With speculation about the Chinese government banning all exchanges from trading bitcoin and launching their own cryptocurrency, and the comments of JPMorgan Chase CEO, Jamie Dimon, who…
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“Cashless India”, the Digital India Program of the Indian government, was announced over an year ago with the vision to transform India into a digitally empowered society and familiarize the country with digital currency and the future demise of cash. Thus, the Central Bank of India is currently looking into digitalizing the fiat rupee in…
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As of 2017, according to the Lawnmower Blockchain Index, blockchain assets outperform by far all global bond and stock indices, with +374% up as opposed to equities with +15.7% and bonds with +3.95%. At such growth levels and the overall bullishness of investors around the globe, it is no wonder that the cryptocurrency frenzy is…
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Digital currency and technology dedicated website CoinDesk has announced that outgoing American Banker editor-in-chief Marc Hochstein has joined the company in a senior editorial role. A 17-year veteran of SourceMedia, which owns American Banker, Hochstein will now serve as CoinDesk's first Managing Editor, a role in which he'll be working hands-on with editorial content, while…
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As China's BitKan announced it would officially ban both over-the-counter bitcoin and bitcoin cash transactions, bitcoin fell to around $3,800, denoting more than 20% drop in value, after reaching almost $5000. According to TheStreet, BitKan informed that as the trading of initial coin offerings or ICOs is also suspended, the ban on bitcoin was the…
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The following article was written by AMarkets, a St. Vicent & the Grenadines (FSA) regulated global forex broker established in 2007. Cryptocurrencies in general and Bitcoin, in particular, assumed commonplace with the trader. Media headlines hasten to report on the latest price record - they are ready to buy 1 Bitcoin for more and more…
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