Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

Bitcoin and Ethereum dropping: Here's why cryptocurrency prices are crashing right now - Mic

15/06/2017 Link to source

Bitcoin and Ethereum dropping: Here's why cryptocurrency prices are crashing right now It's been a chaotic week for cryptocurrency traders: Prices for most of the hundred largest digital currencies, including bitcoin, fell precipitously on Thursday morning, many by 10% or more. As of 11:00 a.m. EDT, bitcoin prices had fallen more than 11 ...

Context

Myanmar Investment Commission (MIC)
The Myanmar Investment Commission (MIC) is a government-appointed body under the Ministry of National Planning and Economic Development that appraises domestic investment proposals in Myanmar.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/ethereum.pngethereum
Ethereum positions itself as a "Bitcoin 2.0" platform and a programming language that makes it possible for any developer to build and publish next-generation decentralized applications.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/digitalmoney.pngVirtual Currency
Virtual currencies, also known as crypto currencies are a form of digital means of value transfer.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/mobilemoney.pngVirtual Currency
Virtual currency differs from electronic money as the currency has no physical counterpart with legal tender status. The schemes, of which Bitcoin is the most well known are generally based on a peer-to-peer network.
Myanmar Investment Commission (MIC)
The Myanmar Investment Commission (MIC) is a government-appointed body under the Ministry of National Planning and Economic Development that appraises domestic investment proposals in Myanmar.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/ethereum.pngethereum
Ethereum positions itself as a "Bitcoin 2.0" platform and a programming language that makes it possible for any developer to build and publish next-generation decentralized applications.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/bitcoinfoundation.pngBitcoin Foundation
The Bitcoin Foundation was launched in September 2012 to accelerate the global growth of bitcoin through standardization, protection, and promotion of the open source protocol.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/bitcoin.pngBitcoin
Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/ethereum.pngEther for Ethereum
Ether is the internal currency that powers Ethereum applications and acts as a token of exchange on the decentralized network.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/cryptocurrency.pngCryptocurrency
Cryptocurrency is the term used to refer to virtual currencies such as Bitcoin.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/bitcoin.pngBitcoin
Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collect
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/ethereum.pngEther for Ethereum
Ether is the internal currency that powers Ethereum applications and acts as a token of exchange on the decentralized network.

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