Viewing: Finance

Mar 13

March 13, 2018

Cryptocurrencies and the Impact of Blockchain Technology

Cryptocurrencies have soared in their fame, value, and variety since their patron currency, Bitcoin, was conceived in 2009.  Consider that, since its 2009 conception, one Bitcoin is now worth $9,000, Bitcoins have a market capitalization of $155 billion and, as of January 2018, 219,000 Bitcoin transactions occur per day! Bitcoin derivatives are now being traded on the Chicago Mercantile Exchange (CME) and Chicago Options Futures Exchange (CBOE) and now have the backing of major financial institutions and hedge funds.  Even JP…

Posted in Business, Economics, Finance, Global Business, Money, Technology | and