Archive | s&p

As Bitcoin Futures Volumes Increase Credit Agencies Look to Downgrade Dealers

This past April, news.Bitcoin.com reported on the Bitcoin futures markets offered by the two derivatives giants Cboe and CME Group and how contract volumes were steadily rising. This month, while BTC-spot prices slide to significant lows, both futures products from these two companies are still seeing increased demand for contracts. Also Read: A New Cryptocurrency Radio […]

Moody’s, Fitch, S&P: Bitcoin Futures Considered Risky

The top three credit rating agencies, S&P, Moody’s and Fitch, said they consider Bitcoins future exchanges to be risky business, and that banks which clear Bitcoin futures contracts could have their credit rating downgraded if Bitcoin futures trading volume continues to grow. The credit rating agencies assign letter grades to banks, corporations, and governments to […]

A Beginner’s Guide to Steem

Cryptocurrencies have grown to include a wide array of uses, some far more creative and legitimate than others. One unique implementation of blockchain technology can be seen in Steem, a blockchain-based social media platform. What is STEEM? Steem is a custom blockchain responsible for rewarding content creators and site participants of steemit.com. Through a complex algorithm, the site’s participants, content […]