Ethereum Watch

Financial data firm Bloomberg has added three new cryptocurrencies – ethereum (ether), Ripple (XRP) and litecoin – alongside bitcoin on its Terminal service. Advertisements According to a Fortune report, sources said the addition of the new price data is aimed at forex traders seeking to explore the new instruments. They also suggested that Bloomberg terminal data […]

Ethereum’s price surge continued into today as the digital currency topped $700 to reach a high of $750 according to coinmarketcap.com. This brought Ethereum’s market capitalization to an astonishing $72.5 bln. However, as Bitcoin mounted a comeback, returning to near-record highs, Ethereum slipped. At press time, Ethereum was trading for $640. Advertisements Transaction throughput The […]

December 15, 2017 11:13 PM Advertisements Citi and CME Group seek to reach a greater level of operational efficiency after integrating a blockchain-backed API that incorporates existing technology “rails.” On December 15, 2017, Citi and CME Group revealed the implementation of a blockchain-inspired platform to cut costs associated with back-office operations while simultaneously accelerating funding […]

On Friday, the CFTC proposed an interpretation for the term “actual delivery” set forth in the Commodity Exchange Act pursuant to the Dodd-Frank Act. The commission requested comment on its proposed interpretation and treatment of virtual currency transactions. Advertisements On December 15, 2017, the Commodity Futures Trading Commission announced a proposed interpretation regarding its authority […]

Ether finds itself in the spotlight of Bloomberg’s pricing tool, as a new addition alongside Litecoin and Ripple. Advertisements On the evening of December 14, 2017, news began to spread that Bloomberg is listing additional cryptocurrencies – namely, Ether, Litecoin, and Ripple – on its professional terminal service used by financial experts. The Bloomberg Terminal […]

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Danish authorities are researching cryptocurrencies as a way to improve humanitarian efforts. Advertisements On December 12, 2017, a report titled Hack the Future of Development Aid was released by the Danish Ministry of Foreign Affairs with help from the Sustainia think tank and Danish blockchain and e-commerce firm, Coinify. The report highlighted some of the […]

The consumer goods giant Unilever will take part in a trial involving blockchain-based tracking of products across supply chains. The pilot aims to quantify the sustainability of agricultural practices and reward farmers when appropriate. Advertisements An upcoming pilot project will test a blockchain-based shared data system intended to connect a range of parties, including up […]

December 14, 2017 4:24 PM Advertisements Given the differing viewpoints of Turkish officials, to an onlooker it may be hard to tell whether authorities support or oppose implementing cryptocurrencies. While the meteoric rise of cryptocurrencies continues, Turkey’s Deputy Prime Minister Mehmet Simsek, formerly a strategist at Merrill Lynch in London, joins the ranks of naysayers, […]

The price of ether, ethereum’s native token, hit a new all-time high of $686 today, and the price chart analysis suggests the rally could continue. Advertisements At the time of writing, ether (ETH) was trading around $680. As per CoinMarketCap, the world’s second largest cryptocurrency by market capitalization has appreciated by 24.6 percent in the […]