Search Results for: assets
Hedge Fund Investor: Bitcoin Already Hit Bottom, Ready to Surge
February 9th, 2018
Bitcoin has gone to its bottom price and will rise back to its peak level and then probably grow from there said digital investor Dan Morehead. Bitcoin Should Return to its Peak Soon Speaking with CNBC’s Fast Money Dan ...
Asian shares sank on Friday; The dollar index against a basket of six major currencies was flat
February 9th, 2018
Asian shares sank on Friday, with Chinese equities on track for their worst day in two years, as fears of higher U.S. interest rates shredded global investor confidence. There was limited immediate market reaction to the U.S. government staggering ...
Cryptocurrency market could hit $1 trillion this year
February 8th, 2018
Cryptocurrencies could go on a bull run greater than last year and pass the trillion-dollar mark in terms of value, experts told CNBC, following a recent violent sell-off across digital coins. Cryptocurrencies could go on a bull run greater ...
The yen fell, euro climbed, New Zealand dollar dropped; Asian stocks fluctuated Thursday
February 8th, 2018
Asian stocks fluctuated Thursday as investors assessed the implications of the recent market turmoil that has elevated volatility. The yuan dropped the most since August 2015 after trade figures missed estimates and amid speculation policy makers will step up ...
Bitcoin and digital money ‘here to stay’ despite concerns
February 7th, 2018
This week Lloyds and Virgin Money stopped customers using credit cards to buy cryptocurrencies, amid concerns they could run up too much debt. It comes as the value of Bitcoin and other cryptocurrencies fell after a year when prices ...
Institutional brokerage provider fined $1.5 Million
February 6th, 2018
The Financial Industry Regulatory Authority (FINRA) announced that it has fined Wedbush Securities Inc. $1.5 million for violating the Securities and Exchange Commission’s (SEC) Customer Protection and Net Capital Rules, and for related supervisory and books and records failures. ...
Gold-Backed Cryptocurrencies: Icing On An Already Tasty Cake
February 2nd, 2018
The blockchain has discovered gold (or gold has discovered the blockchain). Either way, this means several things. First, the decades-long dream of a gold-backed cybercurrency may finally be realized. Second, gold and probably silver are looking at a big ...
Starbucks Chairman speculated about a “legitimate” digital currency
January 29th, 2018
Howard Schultz dumped the equivalent of a double espresso into an otherwise humdrum Starbucks earnings call on Thursday. In response to an analyst question about tax law, the Starbucks executive chairman detoured into a stream-of-conscious monologue about Bitcoin and ...
Researchers find that one person caused bitcoin to spike from $150 to $1,000 in 2013
January 24th, 2018
In 2013, bitcoin was worth just $150 when suddenly, the price spiked. Within two months, one bitcoin was worth $1,000. Four researchers from the Tandy School of Computer Science at The University of Tulsa and the Berglas School of ...
Bitcoin and ethereum suffered massive drops, but many cryptocurrencies are faring even worse
January 17th, 2018
Most major digital currencies sold off sharply on Tuesday, but the declines in bitcoin, ethereum and litecoin prices weren’t as bad as much of the rest of the market. All of the top 20 digital currencies — by market ...
