The German bank Deutsche Bank does not advise investing in cryptocurrency, Markus Müller, head of the investment department of the private wealth management department of Deutsche Bank AG, said in an interview with Bloomberg. Risks include high volatility, possible price manipulation and loss or theft of data.
On January 25, 2018, Zebpay, one of the largest cryptocurrency exchanges in India, announced the addition of Litecoin to its trading platform. In a blog post on its website, the company stated that the cryptocurrency is one of several tokens that will also be added in the near future.
Cryptocurrency is having more and more influence on the global financial market. This fact can no longer be ignored. Here are some results of a conversation between financial experts and the Financial Times about the future of electronic money.
Starbucks Chairman of the Board Howard Schultz said that the Starbucks coffee chain plans to introduce Blockchain technology and digital currencies for electronic payments on the mobile platform of the Starbucks coffee shop chain.
The Wyoming Blockchain Coalition recently won several pieces of legislation that will benefit both the community and the state of Wyoming. These acts were based on two characteristics of the state that make it especially attractive to blockchain technology: zero taxes on corporate property and strict laws that govern LLCs registered in the state.
Last weekend, the consolidation between Bitcoin and Ripple continued. The growth of Ethereum was limited to the resistance level of $1,226.00 per ether.
The number of concerned cryptocurrency specialists is growing every day, while the pressure on Bitcoin continues, says Investing.com
China's central bank is in the process of considering the idea of producing a digital currency. But, judging by the statements of banking representatives, this does not mean at all that it will be created using blockchain technologies.
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