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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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That Business Is Absolutely on Fire, Nick Cowan Gives Thoughts on Crypto

Cointelegraph continues publishing interviews with prominent guests of BlockShow Asia 2017, that took place in Singapore in November 2017.This time we talked with Nick Cowan, managing director and founder of GSX, Gibraltar’s first regulated stock exchange. With his 30-years’ experience in the investment business and knowledge about the culture of business across the Eurasian continents, he is

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India: Officials “Survey” Nine Crypto Exchanges

Just a month after the Indian Supreme Court issued a warning to the financial interests of the nation, “surveys” have begun on nine of the country’s cryptocurrency exchanges. An undisclosed source explained to local news outlet DNA:“We are collecting the name of investors and their transaction details. The survey under Section 133A of the Income Tax Act, is being conducted for ga

DASH and Litecoin Analysis December 14, 2017

DASH/USDDASH continues to be very noisy during the trading session on Wednesday, reaching towards the $925 handle. We are a bit overbought at this point, so I would expect more short-term pullbacks, with an eventual eye on the $1000 handle above. I have no interest in shorting.LTC/USDLitecoin is forming a nice bullish flag on the hourly chart, suggesting that a move to the $450 level is possible l

Ethereum Analysis December 14, 2017

ETH/USDEthereum rallied significantly during the trading session on Wednesday, bouncing from the $600 level, and reaching towards the $700 level. At this point, waiting on pullbacks will be necessary to pick up value in a market that is starting to run away, albeit on low-volume over the last several hours.ETH/BTCEthereum has rallied quite significantly against Bitcoin, as Bitcoin has sat still. N

Bitcoin Analysis December 14, 2017

BTC/USDBitcoin was reasonably quiet during the trading session on Wednesday, as we continue to bounce around near the $17,000 level. It looks as if we are trying to build up enough momentum to continue to go higher, so with this being the case adding slowly might be the best way to deal with this market, as it looks like we are in a bit of a holding pattern.BTC/JPYBitcoin has gone sideways against

Tax Investigators Raid Bitcoin Exchanges Across India

Regulation Investigators from the income tax department of India have conducted onsite searches at the offices of the country’s top nine bitcoin exchanges early on Wednesday morning.Also Read: Chinese Whale Buys Fleet of F1 Cars Worth £4 Million with LitecoinGovernment officials told the Indian news agency PTI that multiple teams of detectives fro

Will the Marriage of IoT and ETC Bring the Next Investment Opportunity?

In recent years, The Internet of Things (IoT) has become a catchword of industry insiders in identifying the roadmap of home automation and smart city planning. Now IoT technology leveraged in a host of projects is giving a boost to global informatization.ETC, one of the latest technologies applied to IoT, increase the way how information and value are shared in the digital economy. Its smart cont

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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

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