Search Results for: cryptocurrencies
Barclays spoke to regulators about bringing bitcoin ‘into play’
June 26th, 2017
Barclays U.K. CEO Ashok Vaswani told CNBC that the bank has spoken to regulators about cryptocurrencies like bitcoin. Vaswani did not reveal the content of the discussions with Britain’s Financial Conduct Authority (FCA), but said it involved talking about ...
Bitcoin jumps more than 20% from June low
June 19th, 2017
In less than three days, bitcoin bounced more than 20 percent from its low of the month. Developers appeared to reach some agreement on a technological upgrade that threatened to divide bitcoin in two. Bitcoin remains more than 150 ...
Bitcoin is suddenly on pace to have its worst week since 2015
June 16th, 2017
After surging briefly to an all-time high of $3,000, bitcoin has been undergoing a dazzling reversal of late, with the digital currency on track to post its worst weekly decline in more than two years. Bitcoin BTCUSD, +1.77% has ...
Goldman Sachs warned that the bitcoin price may be headed to bearish territory
June 14th, 2017
Wall Street banking giant Goldman Sachs warned its clients that the bitcoin price may be headed for bearish territory. In a recent client note, published by finance blog Zero Hedge, chief technician Sheba Jafari, offered his view on the ...
Projecting the Price of Bitcoin
June 7th, 2017
The wild card in cryptocurrencies is the role of Big Institutional Money. I’ve taken the liberty of preparing a projection of bitcoin’s price action going forward: You see the primary dynamic is continued skepticism from the mainstream, which owns ...
Bitcoin Alert: New All-Time High For The Cryptocurrency
June 6th, 2017
Bitcoin hit new all-time highs on several exchanges, rising to $2800 in Asian trading, just two weeks after a painful 30% decline that carried BTC’s price below $2000. The most valuable cryptocurrency is up more than three-fold since hitting ...
Time To Add Housing To The Bubble List?
June 1st, 2017
Housing is hot again, but lately it’s been overshadowed by flashier bubbles in government debt, tech stocks and possibly cryptocurrencies. Still, the warning signs are spreading. Today’s Wall Street Journal, for instance, reports that homeowners are back to ...
Bitcoin move over – there’s a new kid on the blockchain
May 30th, 2017
The digital currency bitcoin has broken new records – surging by more than 245 per cent since the start of the year. In just five months, the price of one bitcoin rose from $1,331 to its all-time-high of $3,894 ...
If you bought $100 of bitcoin 7 years ago, you’d be sitting on $75 million now
May 23rd, 2017
The price of bitcoin hit a fresh record high on Monday nearing $2,200. Monday also marks the seventh anniversary of Bitcoin Pizza Day, which is widely considered to be the first transaction using the cryptocurrency. If you bought $100 ...
Why Bitcoin price is rising
May 18th, 2017
Top 3 Reasons Why Bitcoin’s Price is Rising Right Now While Bitcoin’s market has been uncertain in the past week, there is no doubt that the price is holding support surprisingly well. Even though there are quite a few issues that ...
