Tag: Digital currencies


BIS finds CBDC-blockchain combo outclasses correspondent banking

September 30, 2021

Via: FinTech Futures

The findings come from the multiple CBDC bridge project (mBridge). It combines the monetary authorities of Hong Kong, Thailand, China and the United Arab Emirates. mBridge group members created a prototype which it says can reduce the time for international […]


Visa pilots US stablecoin with to settle transactions

March 30, 2021

Via: FinTech Futures

The USD Coin option, which is pegged to the US dollar, will become available to more partners “later this year”, the card issuing giant said on Monday. “We see increasing demand from consumers across the world to be able to […]

Activity, Investment Banking

What crypto bear market? Investment funds have poured $1.6 billion into the industry since 2018

February 27, 2019

Via: Market Watch

The incessant crypto bear market that has wiped more than half a billion dollars off the total value of all digital currencies may have dented retail punters pockets, but for large-scale investment firms, the numbers tell a different story. According […]

Activity, Trading

Bitcoin is displaying a ‘lethargic base’ and has yet to find a bottom, says analyst

January 16, 2019

Via: Market Watch

Bitcoin prices are trading marginally higher on Wednesday, continuing to oscillate either side of $3,500. In early morning trading, one bitcoin BTCUSD, +1.49% was fetching $3,667.69, up 2.1% since Tuesday at 5 p.m. Eastern Time on the Kraken cryptocurrency exchange. […]

Activity, Trading

Crypto selloff takes a breather, market cap back above $200 billion

August 15, 2018

Via: Market Watch

Prices of digital currencies are trading higher Wednesday, bucking the recent trend which saw as much as $20 billion wiped off the market cap of cryptocurrencies to begin the week. Bitcoin BTCUSD, +5.34% the world’s biggest digital currency, is trading […]

Activity, Trading

Bitcoin looks ‘very sick’ and the pain is not over, says analyst

August 10, 2018

Via: Market Watch

After a brief reprieve on Thursday, when most digital currencies finish in the green, all major coins showing losses in early New York trading on Friday. Bitcoin BTCUSD, -0.30% the world’s largest digital currency was last changing hands at $6,308.79, […]

Capital and Risk, Operational

Cryptocurrencies as a payment system are ‘troubling,” Bank of America tech officer says

May 10, 2018


Cryptocurrencies are standing in the way of authorities catching “bad guys” who are using payment systems for nefarious purposes, a Bank of America official said Thursday. Addressing a key criticism of bitcoin and its growing list of competitors, Cathy Bessant, […]

Capital and Risk, Liquidity

Bitcoin sees muted action, consolidates after drop under key, long-term trend line

April 26, 2018

Via: Market Watch

Digital currencies have taken a further pause Thursday, with most major assets trading in relatively tight ranges. The No. 1 digital currency, bitcoin BTCUSD, -2.92% slipped back below $9,000, trading to its lowest level of the week at $8,660.87. A […]