Search Results for: cryptocurrency
Bitcoin Price Took A Dive After Breaching New Highs
November 7th, 2017
The price of bitcoin dived on November 6 after reaching an all-time high of $7,590 across global exchanges. The decentralized currency’s value dropped to the $6,950-7,000 range. Bitcoin’s Meteoric Price Rally Hits the Brakes What a difference a day ...
Bitcoin Price Achieves New All-Time High at $7,598; Why is the Market So Optimistic?
November 6th, 2017
Once again, the bitcoin price has achieved a new all-time high at $7,598 on November 5, as the market continues to be optimistic about the mid-term performance of bitcoin. In Japan and South Korea, two regions in Asia that ...
Bitcoin Just Surged Past $7,000. Here’s Why
November 3rd, 2017
As of late Thursday, the price of Bitcoin was about $7,000, having reached the threshold for the first time just hours earlier. The upswing continued a rally that started Wednesday, when the Chicago Merchantile Exchange announced plans to offer ...
Bitcoin turns 9 and has evolved into a global currency already
November 1st, 2017
Satoshi Nakamoto, the anonymous creator of bitcoin, released the bitcoin whitepaper 9 years ago, on October 31. Since then, based on every indicator imaginable, bitcoin has evolved into a major global currency, store of value, and safe haven asset. ...
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 ...
$6,300: Bitcoin Price Hits Record High
October 30th, 2017
The bitcoin price has set a new all-time high. Just over a week after pushing past the $6,000-mark for the first time, the world’s first cryptocurrency rose to a high of $6,306.58 on the CoinDesk Bitcoin Price Index at ...
Apple’s Co-Founder Says Bitcoin Is Better Than Gold
October 26th, 2017
Apple co-founder Steve Wozniak is betting on Bitcoin, saying that the cryptocurrency could become a better standard of financial value than gold or the U.S. dollar. Wozniak argued that Bitcoin is more stable and less prone to arbitrary supply ...
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 ...
FMA commentary on ICOs and cryptocurrencies
October 25th, 2017
The Financial Markets Authority (FMA), a regulatory authority for the capital markets and financial services in New Zealand, has published commentary on initial coin offers (ICOs) and cryptocurrency services alongside online resources for investors. Innovation is increasingly shaping financial ...
Why is bitcoin splitting again and what is bitcoin gold?
October 24th, 2017
Bitcoin is forking for a second time to form a new cryptocurrency called bitcoin gold, but why is this happening so soon after bitcoin cash? The stir caused by the forking of bitcoin into two different cryptocurrencies caused quite ...
