Cryptocurrency

On Wednesday October 9, 2019, the United Nations International Children's Emergency Fund (UNICEF), an agency that provides emergency food and healthcare to people globally, declared its plan to create the UNICEF Cryptocurrency Fund with the aim of supporting open source technology.

The Ripple cryptocurrency (XRP) is presumed to have reversed as its price rebounds recently at the bottom. Previously, the world cryptocurrency market was making a series of lower highs and lower lows. Today, October 10, 2019, XRP's price is attempting to break the $0.29 and $0.32 supply zones.

For a large number of Italian Chief Procurement Officers (CPOs), Industry 4.0 technologies including blockchain or distributed ledger technology, cryptocurrency, internet of things, mobile devices, etc. will be of great impact: including Robotic Process Automation which will be crucial for 35% of managers. The purchasing sector, one of the key areas for employment in Italy, with more than 50,000 employees, is facing a crucial period of change. However, the country needs to focus on corporate reorganization and investment in skills.

The modern cryptocurrency market is full of projects which offer to invest in a coin, having only a beautiful idea. Some of these projects are at the early beginning of the implementation and suppose to reach significant results in 2, 3 or even 5 years. In this article you will learn about a company that demonstrates a fundamentally different approach.

Bitcoin and cryptocurrency stipends have gained regulatory recognition in many parts of the globe including Switzerland, Estonia, Italy, Russia, United States, Japan, and New Zealand. However, when it comes to other major sectors or businesses, cryptocurrencies are not yet being used for remuneration. Individuals and firms in the aforementioned jurisdictions are seriously exploiting the benefits of legal digital currency payments.

Many institutions of higher education globally are considering offering classes related to Bitcoin, cryptocurrency, blockchain and other emerging innovative technologies because of their much-acclaimed benefits.

During a presentation at an event on financial technology organized in Rome, the deputy general manager (DGM) of the Bank of Italy, Alessandra Perrazzelli, used words of caution and prudence, but at the same time, openness towards Facebook’s cryptocurrency Libra.

Longfin Corp., a NASDAQ-listed independent finance and tech firm, that unexpectedly jumped onto the cryptocurrency bandwagon with the aim of benefiting from the bitcoin (BTC) bull run that happened in December 2017, was recently ordered by a New York federal court to recompense around $7,000,000 in fines and disgorgement for fake operations, as per a U.S. SEC report issued on Sept 30.

Adoption in digital currencies, especially Bitcoin (BTC), appears to be growing at a high rate in the Hong Kong SAR. Last week, a Bitcoin startup firm LocalBitcoins saw its peak trading volume ever in the special administrative region Hong Kong.