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Bitcoin and Ethereum Price Rises as Cryptocurrencies Make A Recovery

Bitcoin’s price is on the rise again having dropped 20pc in less than three days following China’s decision to clamp down on the volatile cryptocurrency. The value of ethereum and other leading cryptocurrencies like BitcoinCash, Ripple and Litecoin has also climbed, with their overvalue increasing by 17pc. Billions were wiped off their combined values after China’s central bank […]

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‘We are about to see massive disruptions’: IMF’s Lagarde says it’s time to get serious about digital currency

It’s time for the world’s central banks and regulators to get serious about digital currencies, according to the head of the International Monetary Fund. Global financial institutions are taking risks by not watching and understanding emerging financial tech products that are already starting to shake up the financial services and global payments system, according to IMF […]

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This Family Bet It All On Bitcoin

Didi Taihuttu, his wife, three kids and their cat bet all they have on bitcoin. The Dutch family of five is in the process of selling pretty much everything they own — from their 2,500-square-foot house, to their shoes – and trading it in for the popular cryptocurrency. They have moved to a campsite in […]

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Banxico Chief: “Bitcoin Should Be Treated Like A Commodity”

The governor of the Bank of Mexico believes bitcoin and other digital currencies should be classified as commodities, not currencies, echoing the conclusion of the US Commodity Futures Trading Commission, which decreed in 2015 that cryptocurrencies would be treated like commodities. The comments, made by Banxico Gov. Augustin Carstens during a lecture at Mexican technical university ITAM, […]

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