Search Results for: crypto currency
Bitcoin Cash a pivotal moment for Bitcoin
August 1st, 2017
A new digital currency is about to be created as the bitcoin blockchain is forced to split in two Members of the bitcoin community unhappy with its direction are forcing the blockchain to split. This will create a new, ...
Goldman Sachs Predicts Bitcoin Price May Cross Over $3600
July 27th, 2017
Sheba Jafari, the widely acknowledged market predictor for Goldman Sachs, has predicted that the price of Bitcoin may reach a new high over $3,600 soon. The movement is in line with Sheba Jafari’s earlier analysis in June when she ...
How Bitcoin is infiltrating the $60bn global art market
July 26th, 2017
Why is the art world getting excited about digital currency Bitcoin and its underlying technology blockchain? Eleesa Dadiani owns and runs an art gallery in London’s famous Cork Street. She was born in Georgia in the Caucasus and was ...
Bitcoin Surged By $300 in the Past 24 Hours. Here’s Why
July 21st, 2017
After plunging for the majority of July, Bitcoin is clawing back toward its all-time high. The cryptocurrency jumped 15% to $2,628 in trading Thursday, adding about $316 over the course of 24 hours. For comparison, Bitcoin was trading at ...
Bitcoin off 40%, Ethereum down 60% from June highs
July 17th, 2017
Bitcoin slides below $2,000 as cryptocurrency selloff continues The price of the digital currency bitcoin fell over the weekend, dropping below $2,000 and farther away from its June highs, part of a broad selloff in dozens of cryptocurrencies, including ...
Swiss bank becomes first to offer bitcoin to its richest clients
July 14th, 2017
A Swiss bank is now offering to buy bitcoins for its clients. As of Wednesday, investors can ask their asset manager at Falcon Private Bank, a boutique investment firm headquartered in Zurich, to purchase and store bitcoin on their ...
BlackRock’s Top Economist Thinks Bitcoin and Ethereum Look Like a Bubble
July 12th, 2017
BlackRock, the $5 trillion asset manager, has not traditionally paid much attention to cryptocurrency platforms such as Bitcoin and Ethereum. Now that the prices of those blockchain-based currencies have risen exponentially in recent months, however, even BlackRock’s top economists ...
Mt Gox CEO On Trial In Japan As Bitcoin Gains Traction
July 11th, 2017
A Tokyo court began hearings Tuesday into charges that the head of the failed Japan-based bitcoin exchange Mt. Gox accessed its computer system and inflated his account by $1 million. French-born Mark Karpeles was whisked into the Tokyo District ...
Ethereum Traders File Class Action Lawsuit Over Kraken Flash Crash
July 6th, 2017
A class-action lawsuit has been filed against cryptocurrency exchange startup Kraken over issues stemming from its management of a May flash crash. Less than two months later, five customers of the exchange are alleging negligence, breach of contract and ...
Goldman Sachs thinks bitcoin could see a big drop then surge to almost $4,000
July 4th, 2017
Bitcoin had a blistering first half of 2017. It rallied from about $1,000 a coin to a record high near $3,000 before finishing June near $2,500. It booked a first-half gain of about 168%. The historic run for the ...
