Search Results for: ethereum
FCA UK Warns About Investing In Cryptocurrency CFDs
November 15th, 2017
The Financial Conduct Authority, the conduct and prudential regulator for financial services firms and financial markets in the UK, has issued a warning to inform public and investors in relation to the risks of investing in cryptocurrency CFDs. Contracts ...
The Cryptocurrency Market Experienced A Complex Shakeup The Weekend
November 13th, 2017
The cryptocurrency market is experiencing a complex shakeup this weekend, with a recently created digital token called Bitcoin Cash (BCH) up nearly 130% in two days, even after retreating substantially from an even bigger spike. Meanwhile, the original Bitcoin ...
‘$300m in cryptocurrency’ accidentally lost forever due to bug
November 10th, 2017
More than $300m of cryptocurrency has been lost after a series of bugs in a popular digital wallet service led one curious developer to accidentally take control of and then lock up the funds, according to reports. Unlike most ...
What is an Initial Coin Offering (ICO)?
November 2nd, 2017
Initial coin offerings have come out of nowhere in 2017 to become the talk of Silicon Valley and Wall Street. Programmers have raised over $3.2 billion this year by selling their own virtual currencies to investors. That is 3,000 ...
There are now more than 120 hedge funds focused solely on bitcoin, digital currencies
October 31st, 2017
Data shared exclusively with CNBC from financial research firm Autonomous Next shows the number of funds investing in digital assets like bitcoin has grown rapidly to 124. Autonomous Next also estimates that the “crypto-funds” have about $2.3 billion in ...
Bitcoin Is Paying Out Dividends Now — Just Not to Everyone
October 25th, 2017
On top of stupendous capital gains, investors in bitcoin are also getting a dividend — if they’re lucky. A split in the blockchain created a new offshoot in the form of bitcoin gold on Tuesday, with bitcoin holders receiving ...
Is Bitcoin’s price fall of nearly 9 percent a healthy pullback?
October 19th, 2017
Bitcoin fell Wednesday after indications of greater scrutiny from U.S. regulators. At one point in the day, the digital currency declined by nearly $500, or about 8.7 percent to a low of $5,109.70, before regaining some of the lost ...
Bitcoin shoots above $5,800 to record peak
October 13th, 2017
Bitcoin jumped to a fresh record high on Friday after breezing past the $5,000 mark on Thursday as the cryptocurrency rebounded after tumbling last month on increased scrutiny from regulators. Bitcoin rose as much as 7.4 per cent to ...
IMF Head: Cryptocurrency Could Be the Future
October 3rd, 2017
Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are ...
Early bitcoin investor Palihapitiya declares ‘nobody can stop it’
September 27th, 2017
Investors who followed Social Capital’s Chamath Palihapitiya into the early stages of two investments he advocated would have made an awful lot of money. Palihapitiya was early in both Facebook, the ubiquitous social network, and bitcoin, the disruptive crypotcurrency ...