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Digital Currencies vs. Cryptocurrencies, Explained

What are digital currencies?Digital currencies are money used on the Internet.Digital money exists only in the digital form. It doesn’t have any physical equivalent in the real world. Nevertheless, it has all the characteristics of traditional money. Just as classic fiat money, you can obtain, transfer or exchange it for another currency. You can use it to pay for the goods and services, such as

How a Brand New Technology is Going to Change the World of Banking

In first world countries, it is natural to assume everyone has a bank account. The banks are omnipresent and can be found nearly everywhere there are consumers. Because of this, we don’t really take the time to think about what a potential substitute for the banking system would be if they weren’t present in a certain space.So what’s the most likely alternative to going to a bank or ATM to d

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Bitcoin Price Analysis: Bitcoin Rests at Tipping Point Before Deciding Next Move

Bitcoin prices have currently stalled out in the $16,000s as the market decides if it wants to continue the ravenous bull trend or go through a more corrective phase. In the last 30 days, the price of bitcoin has doubled — entering into what most traditional market analysts would deem “bubble territory.” Bitcoin’s growth has been so rapid, it has managed to break north out of a parabolic t

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South Korea is Going Crazy Over Bitcoin: Real Mainstream Obsession

Teenagers to middle-aged investors in South Korea are engaging in cryptocurrency trading, investing in bitcoin, Ethereum, Bitcoin Cash, and a wide array of cryptocurrencies and assets.Government Steps In To Regulate BitcoinIn the beginning of 2017, the South Korean government, local financial authorities, and the ministry of strategy and finance remained neutral to bitcoin and declined to regulate

World’s First Equity-Linked Token, Finova Financial’s JCO to be Available through WeFunder Crowdfunding Platform

WEST PALM BEACH, FL December 12, 2017: Finova Financial, a digital financial services provider transforming the future of global banking, announced today that it is partnering with crowdfunding platform WeFunder to make Finova’s JOBS Crypto Offering (JCO)—the world’s first equity-linked token—available to investors large and small. Finova’s token will carry the unique attribute of b

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ICOs Can Be Effective Fundraising Tools, SEC Chairman Says

The Chairman of US Securities and Exchange Commission (SEC), Jay Clayton, issued a public statement on Monday regarding cryptocurrencies and Initial Coin Offerings (ICOs).The statement serves as a warning directed to both “Main Street” investors and market professionals and concludes that most tokens sold in ICOs to date are likely securities under US law.Warning to “Main Street” investors

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Bulgaria Seizes Enough Bitcoin to Pay Off 1/5 of National Debt

Following an undercover bust of an underground crime network, Bulgaria has seized enough Bitcoin to settle a fifth of its national debt.According to ZeroHedge, the Bulgarian crime enforcement agency and the Southeast European Law Enforcement Center caught 23 Bulgarian criminals and confiscated a total of 213,519 Bitcoins - roughly valued at $3.5 bln.The syndicate had hacked Bulgarian customs compu

CoinMetro Exchange enables ATM cash-out for cryptocurrency

Dec. 12, 2017CoinMetro, a cryptocurrency trading platform, has announced the release of CoinMetro Exchange. According to a company press release, the solution will simplify cryptocurrency investing and liquidity services for both consumers and professional traders — and make cashing out cryptocurrency as easy as using an ATM.Consumers will be able to buy, sell, invest in and trade

This App is Trying to Predict the Bitcoin Bubble Bursting Using AI

Technology A provocative new app, Bitcoin Bubble Burst, promises to keep its users ahead of what seemingly everyone, at some point, has predicted: the bitcoin apocalypse when prices plummet. Can vaunted artificial intelligence and neural networks produce predictive models useful enough to save fortunes?  Also read: Reddit’s /r/b

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Jim Cramer: Bitcoin Is Monopoly Money, Will Get Annihilated

Jim Cramer, the outspoken host of ‘Mad Money,’ has called Bitcoin ‘Monopoly Money,’ and has suggested that the futures market will ‘annihilate’ the cryptocurrency’s value when they open. The comment came during a segment aired on CNBC.Cramer is no fan of Bitcoin, in spite of, at one point, mentioning that the price could go to $1 mln. He believes the current run up is a bubble that h

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