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Bitcoin Hits Another Record High
Thomson Reuters Bitcoin posts new high of $11,829 in early trade in London on Tuesday morning. "The value of this new asset class is a function of the breadth of its acceptance as a store of wealth and as a means of payment," analyst Nikolaos Panigirtzoglou and his team said in the note. Learn more: Credit Card Industry and Market Mobile Payment Technologies Mobile Payments Industry Mobile Payment Market, Trends and Adoption Credit Card Processing Industry List of Credit Card Processing...
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U.S. Regulator Claims Bitcoin Does Not Pose A Threat To Banking System
According to a report by Reuters on Wednesday, a US banking regulator claimed that bitcoin does not pose a threat to the nation's banking system and said that there is "space" for innovative financial tech firms to operate in the traditional lending business. Joseph Otting, sworn in as Comptroller of the Currency last month, faces a slew of issues including virtual currencies, fintech, and President Donald Trump's vow to roll back rules put in place following the 2008 financial...
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Bitcoin Tops $14,000 and $15,000 In The Same Day
Bitcoin rises above $15,000 for the first time. The incredible rise means the total value of the entire cryptocurrency market has now passed $400 billion, according to CoinMarketCap.com. Learn more: Credit Card Industry and Market Mobile Payment Technologies Mobile Payments Industry Mobile Payment Market, Trends and Adoption Credit Card Processing Industry List of Credit Card Processing Companies List of Credit Card Processing Networks List of Payment Gateway Providers M-Commerce: Mobile...
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Bitcoin Dips Below $16,000
Bitcoin drops sharply after four days of massive gains. Bitcoin had risen as high as $19,000 on some exchanges, but most saw highs of around $16,000. Learn more: Credit Card Industry and Market Mobile Payment Technologies Mobile Payments Industry Mobile Payment Market, Trends and Adoption Credit Card Processing Industry List of Credit Card Processing Companies List of Credit Card Processing Networks List of Payment Gateway Providers M-Commerce: Mobile Shopping Trends E-Commerce Payment...
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Bitcoin Hits All-Time High
Bitcoin posts new high of $17,956.50 on Friday morning. Bitcoin reached a fresh high of $17,956.50, according to data from Markets Insider. Learn more: Credit Card Industry and Market Mobile Payment Technologies Mobile Payments Industry Mobile Payment Market, Trends and Adoption Credit Card Processing Industry List of Credit Card Processing Companies List of Credit Card Processing Networks List of Payment Gateway Providers M-Commerce: Mobile Shopping Trends E-Commerce Payment Technologies and...
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Bitcoin Gets Bashed By Banks
Amid results season, the CEOs of UBS, Bank of America, and China Renaissance expressed their views on Bitcoin, the cryptocurrency that has seen its price rise astronomically since the start of the year amid high investor demand. Despite the CEOs all expressing enthusiasm about blockchain, the technology which underpins Bitcoin and which is seeing an increasing number of use cases evolve in the financial services industry, they nevertheless also expressed several concerns about the...
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Stripe Starts Testing Bitcoin Payments
In another validation of the Bitcoin space, YC's biggest payments company Stripe said it has started to test Bitcoin and ACH payments with a select number of users. It says it's doing instant exchanges as well, so merchants don't need to handle Bitcoin directly or deal with the crypto-currency's volatility risks. spokesperson Kelly Sims said, "We're still testing the technology." Tarsnap creator Colin Percival said, "Stripe's support is crucial here due to the nature of Bitcoin. It doesn't have...
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$150 Billion Was Traded On One Japanese Bitcoin Exchange
BitFlyer has trading volumes of $150 billion in November and December of last year, European COO said. Japanese exchange now averaging $50 billion in monthly trade. Disclosures came as BitFlyer announced its European launch. LONDON — Japan's largest bitcoin exchange saw trading volumes of $150 billion in the last two months last year, according to the company's European head, more than doubling the company's expected annual volume. BitFlyer's European COO Andy Byrant told Business Insider:...
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