Search Results for: ethereum
Bitcoin falls as one of the world’s biggest cryptocurrency markets readies a bill to ban trading
January 11th, 2018
South Korea’s justice minister said on Thursday that a bill is being prepared to ban all cryptocurrency trading in the country. That news is a major development for the cryptocurrency space, as South Korea is one of the biggest ...
Hedge-fund managers reap 3,175 percent profit off bitcoin in 2017
January 10th, 2018
For hedge funds, 2017 ended with a clean sweep — positive returns in every month that resulted in the best total performance in four years. That kind of a winning streak hasn’t happened since 2013 and was part of ...
Bitcoin and other cryptocurrencies have crashed 20 per cent on Monday
January 9th, 2018
Bitcoin and other cryptocurrencies including ethereum, litecoin and ripple plummeted in value on Monday after Coinmarketcap removed prices from South Korean exchanges without warning. Prices on South Korean exchanges are typically up to 30 per cent higher than in other ...
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 ...
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 ...
The steadily skyrocketing price have many experts warning that bitcoin is in a bubble
December 4th, 2017
Exactly one week after the price of bitcoin topped $10,000 for the first time, the cryptocurrency shot to another record Sunday, peaking at $11,773. That capped a 30% surge since Thursday, when bitcoin (BTCUSD, +5.14%) bottomed out at $9,021 ...
PwC accepts payment in Bitcoin for its advisory services
December 1st, 2017
PwC in Hong Kong has for the first time accepted payment in Bitcoin for its advisory services. As the firm works increasingly with companies in the digital asset and crypto-currency space, it believes that accepting such payments will evolve ...
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 ...
My Crazy $17,000 Target for Bitcoin Is Looking Less Crazy
November 28th, 2017
The basis of this admittedly crazy forecast was simple: capital flows. I think we can all agree that bitcoin (BTC) is “interesting.” One of the primary reason that bitcoin (and cryptocurrency in general) is interesting is that nobody ...
JPMorgan considers getting into bitcoin while bank’s CEO Jamie Dimon calls it ‘a fraud’
November 23rd, 2017
The Wall Street banking giant JPMorgan is weighing up whether it could help its clients tap into a potential bitcoin futures market being prepared by the Chicago Mercantile Exchange (CME), media reported citing sources. The bank is gauging client ...
