A recent reversal in the return premium of ETH vs. ETC due to buying by Bitcoin holders means that ETC now looks exceptionally cheap.
The move can be rather eventful for the cryptocurrency ecosystem especially if followed by other large Chinese exchanges.
Ethereum has risen over 2000% in 2017. But it’s far from just another open ledger-turned-online-ATM; it’s an innovation reaching for a greater social role.
If the 25-year average is around $10,000, as increasingly looks to be the case, then it is likely that the real 25-year value of Bitcoin is in the region of $100,000 or so.
The mobile payment platform will become available in Canada by the end of the month, following the launch of the service in Russia this week.
With the launch of its own virtual currency, the company aims to build an open and sustainable ecosystem of digital services to compete with established giants.
According to Jennifer Bailey, head of Apple’s payment arm, the users of the app can make limitless mobile payments at the majority of vendors around the country.
Blockchain services provider VeChain has announced it will take part in an incubation program of global accounting company PwC to expand the use of the blockchain technology in Asia.
The US-based technology giant is opening a new accelerator program that will assist enterprises and developers in establishing new blockchain networks.
The decentralized management platform offering blockchain services for businesses has raised the record amount in the first few minutes of its Initial Coin Offering.
The new payment platform, which is set to be launched across France later this week, will allow users to make purchases using their mobile phones.
The new fintech body is aimed at improving financial research, coordination and planning, China’s central bank announced on its website on Monday.
The regulatory bodies aim to foster financial innovation through a partnership that will support fintech startups seeking to grow their businesses.
Litecoin’s huge support is seen as a culmination of several weeks of investor excitement.
Australia is going to cut general sales tax for acquiring digital currency, aiming to help local fintech startups run their businesses in the country.