Prasos quarterly cryptocurrency market report Q1, 2019

We have published a new market report for the first quarter of 2019 which covers a wide area of topics related to the development of the cryptocurrency industry. The report has been produced in collaboration with DC Research. Institutional investors are showing escalating interest in the industry, with the relative amount of institutional products growing significantly during Q1 2019. The relative trading amount of institutional products grew a lot as well during the first quarter. Download here the full Q1

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Weekly News 19 / 2019 : Bitcoin Broke Through 6 000 Dollar Barrier

Bitcoin has been on the rise for more than a week and just today it managed to break through 6 000 dollar psychological barrier. If this goes on, it seems that the cryptowinter is actually over and we have entered a new period of bull markets. There are also more indications than the price movements that Bitcoin indeed has assumed more speed. Bitcoin miners use more calculating power to the network than almost ever and transactions are nearing record-high levels.

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Weekly news 16/ 2019: Spring winds blow for Bitcoin

There’s a scent of crypto spring in the air. Bitcoin has continued playing in a tight range above 5000 dollars like a ball stuck in a bouncing castle for the past week, but there are signs higher levels may lie ahead. Several reports by analysts indicate the cryptocurrency may be in for a new bullback ride after being mauled by bears for the past winter. As Bitcoin spreads its seeds around the world, so too does the underlying technology as

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Weekly news 15 / 2019: World giants explore crypto and blockchain

The past week has been a bit of a rollercoaster with bitcoin’s course bouncing up and down. The king of cryptocurrencies has managed to hover at its new higher levels without any massive movements to either side, having found somewhat shaky stability around 5000 dollars. While the crypto markets contemplate their next steps, so too are world giants as they explore the possibilities behind crypto and blockchain. The International Monetary Fund and World Bank have launched a joint project to

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Weekly news 14 / 2019: Bitcoin skyrockets to new heights

Well, it’s been quite a week again. Bitcoin has continued its rocketing growth and managed to rise above higher resistances despite some seeming indecision on the markets. Other cryptocurrencies have rallied strongly as well and yielded notable gains with green candles lighting the way for a brighter future. And the future does seem bright for Bitcoin, at least according to a report predicting the cryptocurrency could become the world’s leading payment system within a decade, if it continues it’s current

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Chinese authorities: EOS, Tron and Ethereum are the most potential cryptocurrencies

We recently wrote about a new scoring system added to the Coinmarketcap service. It is, however, not the only notable source to publish scorings about cryptocurrencies. The government of China also observes the development of cryptocurrencies and scores them in order accordingly.  The Center for Information and Industry Development (CCID), working under the Ministry of Industry and Information Technology in China, regularly publishes estimates about the prospects of different cryptocurrency projects. The scoring system somewhat reminds of Coinmarketcap’s similar system

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Changes in the management of Prasos, we have a new CEO

The new Chief Executive Officer of Prasos Ltd will be Heidi Hurskainen with a strong background in banking and finance technology. The current CEO Henry Brade will become Executive Vice President and focus on his role as chairman of the board. Henry Brade, a founding member of Prasos Ltd, has been CEO of the company since the very beginning. The growth strategy of the company has evolved along the years, and the board felt it was the right time to

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Prasos Oy:n johdossa muutoksia

Prasos Oy:n toimitusjohtajaksi nousee vahvan pankki- ja finanssiteknologiataustan omaava Heidi Hurskainen. Nykyinen toimitusjohtaja Henry Brade siirtyy varatoimitusjohtajan rooliin ja keskittyy toimintaansa hallituksen puheenjohtajana. Yhtiön perustajajäsen Henry Brade on toiminut Prasos Oy:n toimitusjohtajana yhtiön perustamisesta lähtien. Yrityksen kasvustrategia on vuosien varrella kehittynyt, ja hallitus koki että nyt on oikea aika tehdä muutoksia yhtiön ylimpään operatiiviseen johtoon. Uudeksi toimitusjohtajaksi valittu vahvan pankkitaustan omaava Hurskainen on ollut yhtiön kaupallisena johtajana vuodesta 2016 ja liittyi Prasoksen hallitukseen vuonna 2018. “Olen ollut yrityksen toimitusjohtajana sekä

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XRP is a Centralized Virtual Currency

Ripple is, at its core, a payment network with a virtual currency XRP used in that network, operated by Ripple Labs. According to its measured market cap, XRP is the second largest virtual currency after Bitcoin, just before Ethereum. XRP has also seen quite a rise during past, taking the second place of cryptocurrencies in just few years. After several requests from our customers we have added XRP available for trading in Coinmotion. When speaking of Ripple and XRP the

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Henry Brades presentation about the future of money in Helsinki Blockchain Summit

Henry Brade theFounder of the company behind Coinmotion, Prasos, gave a presentation about the future of money in Helsinki Blockchain Summit late last year. Recording of the presentation can now be seen online. The development of technology shapes society with an accelerating pace in every possible field. Blockchain technology and virtual currencies may play a big role in the future of the economy and money. These technologies are still young as they have been around only for ten years, but

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