Tag Archives: Finance

[ad_2][ad_1] Chad Cascarilla is CEO and co-founder of Paxos, a fintech startup regulated as a trust company. He spoke with Global finance on the current state of the blockchain, common misconceptions and why the absorption by companies seems slow. Global Finance: how do you see blockchain? Charles Cascarilla: For me …

[ad_1] Energy demands for the extraction of four major cryptocurrencies, including Bitcoin, outweighed the energy costs of extracting real metals such as gold and copper, according to US environmental researchers. Data mining cryptocurrencies involve increasingly complex calculations to confirm new transactions and add them to the decentralized accounting on which …

[ad_2][ad_1] Oil and Gas Conglomerate Reliance Industries – owned by India's richest person, Mukesh Ambani – used the blockchain to conduct its first commercial financing operation. According to a HSBC India press release shared with CoinDesk on Sunday, Reliance Industries recently performed a blockchain-powered "live" financial transaction in collaboration with …

[ad_2][ad_1] Ripple really believes that its main strength comes from professionals working in the company. The company's team is expanding and, at the same time, the partner network is expanding. Price XRP (XRP) today – XRP / USD The company is currently working to add partners to the growing RippleNet. …

[ad_2][ad_1] Amore Finance is a startup that provides banking solutions for companies and individuals. The platform is located in the Czech Republic and has recently made a big move by collaborating with Ripple to join its growing network of banks known as RippleNet. Furthermore, a report emerged that the partnership …

[ad_2][ad_1] Blockchain is a form of digital ledger technology based on the decentralized ideal of cryptocurrency. The technology, used by bitcoins and other cryptocurrencies, is a growing list of records, called blocks, which are linked by cryptography to create an almost incorruptible digital register of economic transactions. Speaking exclusively with …

[ad_2][ad_1] Yesterday the bitcoin price was $ 6,571 (£ 5,080) at its height, which fell 2% to $ 6,436 (£ 4,976) in 24 hours. Even if only a small swing, the fact that the price would fall below a key price point – known as horizontal support – could be …

[ad_2][ad_1] Phillip Hammond, the UK finance minister, said yesterday that blockchain technology could help facilitate trade across the Irish border after the UK left the European Union. However, Hammond is the first to admit he has no idea what he's talking about. The United Kingdom minister relies on the lack …

[ad_2][ad_1] The world's leading cryptocurrency has been produced to convince bullish breakouts over the past four months. Throughout 2018 BTC has set lower price highs, which suggest the direction of the least resistance to the downside, Coin Desk reports. But a failure to beat a key support, the 21-month exponential …

[ad_1] The year 2018 saw the bitcoin peak at £ 15,000 ($ 19,562.85), but also touched lows of £ 4,600 ($ 6,001.50) on February 16th. Bitcoin is now trading at £ 5,069.90 ($ 6,612.11) starting at 8 am, according to fool.co.uk. The prediction for virtual currency suggests that the token …