Search Results for: digital currency
Bitcoin price manipulation puts trust in cryptocurrencies at risk
June 27th, 2018
Cryptocurrencies like bitcoin have grown in popularity in large part because they can be bought and sold without a government or other third party overseeing everything. But there’s a flipside: Unlike in markets for other assets such as stocks ...
Warren Buffett explains one thing people still don’t understand about bitcoin
May 3rd, 2018
When it comes to bitcoin, billionaire investor Warren Buffett wants to make one thing clear: Unlike buying stocks, bonds or real estate, buying bitcoin is not an investment. That’s because it lacks intrinsic value, Buffett says. “If you buy ...
India pulls the plug on Cryptos
April 11th, 2018
As bitcoin and its thousand or so cousins evolve from novelty to threat, the existing monetary system is reacting pretty much as evil empires tend to, with coercion and co-optation. This week it’s India: India cracks down on bitcoin ...
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 ...
Bitcoin got a big boost in 2017. Here are 5 other cryptocurrencies to watch in 2018
January 4th, 2018
Mainstream investors spent much of last year trying to figure out how to jump in on bitcoin, the digital currency for which prices ballooned to as high as $19,000 in recent months. But even as people hope to make ...
A bitcoin ETF took another step closer to reality
December 21st, 2017
A bitcoin ETF took another step closer to reality after the NYSE filed with the SEC to list two funds tracking bitcoin futures. The NYSE wants to list the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF, two ...
Forget bitcoin, its fourth-biggest rival is up nearly 5,800 percent this year
December 13th, 2017
Litecoin, the fourth-largest cryptocurrency in the world by value, has hit a record high and rallied nearly 5,800 percent this year, beating rival bitcoin’s rise. The price of litecoin reached an all-time high of $255.42 on Tuesday, according to industry website ...
Bitcoin: Does it really use more electricity than Ireland?
December 12th, 2017
Can something which has no physical presence consume as much electricity as an entire country? The internet has recently been awash with claims that the digital currency Bitcoin could be using more electricity than a number of developed nations. ...
Bitcoin Futures Trading Begins On CBOE Futures Exchange In Chicago
December 11th, 2017
Bitcoin has begun trading on a major exchange for the first time, launched on the CBOE Futures Exchange in Chicago at 23:00 GMT Sunday, allowing investors to bet on whether Bitcoin prices will rise or fall. In the lead-up ...
Bitcoin plunges 18% after topping $11,000 in extremely volatile trading
November 30th, 2017
Bitcoin has gained, and plunged, well over $1,000 in less than 24 hours. The digital currency dropped more than 18 percent from a record high of $11,388.33 to $9,290.30 on Wednesday, according to CoinDesk. Bitcoin then attempted to recover ...
