Bitreserve Users Can Now Peg Bitcoin to New Metals and Swiss Franc
Bitreserve has added three new precious metals, a sixth currency option and five new languages to its bitcoin storage platform. Having introduced gold last year, the site will now also allow its users to hold bitcoin pegged to silver, platinum or palladium. Bitreserve has also integrated the Swiss franc, saying that it is ''a strong currency in its own right with a proven track record of stability'', adding that ''it will empower our members to invest, move and hold their assets with confidence''. The additions will enable users to use bitcoin tied to a total of six fiat currencies and....
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“For us, the ability to offer accessibility and optionality to multilingual users around the world doesn’t stop at translations. To truly embrace the global nature of money, we must offer what’s familiar and safe to people across cultures,” reads Bitreserve’s website. The world’s most popular crypto-currency reserve and hedging company, Bitreserve, has added the ability to peg your bitcoins to silver, platinum, palladium and the Swiss franc. The company has also translated their website into Chinese (Mandarin), Japanese, Portuguese, Russian and Spanish to reach more international....
The Swiss Franc (CHF) is worth 18,826,374 BTC in market cap at the time of writing, a little less than Bitcoin.
The bitcoin-based financial services company Bitreserve is merging one of the newest innovations in currency with the world's oldest, TechCrunch reports. Through the institutional precious metals trading house Gold Bullion International, Bitreserve has created a new gold standard, linking its bitcoin currency exchange and payment services with gold. Now, using Bitreserve, customers can hold gold in their accounts and convert it to bitcoin to buy goods and services. Also read: Bitreserve is Open for Business. Bitreserve users fund their accounts in Bitcoin, which they can choose to convert....
This article will explore 2 questions: Has bitcoin bottomed yet? And, what does the aftermath of major bubbles bursting look like and its implications for price? Thursday, bitcoin had a relief rally in sympathy with most other commodities as the Swiss National Bank (SNB) de-pegged the Swiss Franc from the Euro. This was a surprise move by the SNB but was necessary as being pegged to the Euro has been killing the Franc as the Euro has been sinking against a strong dollar due to Eurozone economic malaise. A previous article written on this subject can be found here. There is a lot of....
Following the pre-announcement of last week, Bitreserve is now open for business with real-time transparency data. Also read: Bitcoin Reserve "BitReserve" Banks To Open its Vaults Soon. Bitreserve Founder and CEO Halsey Minor says: "Today we are thrilled to announce we have fully launched Bitreserve and are now accessible to the public." Halsey Minor also founded CNET in 1993. In 2008, he sold that company to CBS for $1.8 billion and became an investor. Bitreserve is a next-generation financial service, which shields users from bitcoin volatility by enabling them to hold Bitcoin as the....