Search Results for: virtual currencies
Euro was flat, Japanese Yen advanced; Stocks put in a mixed performance in Asia
March 15th, 2018
Stocks put in a mixed performance in Asia, while the yen appreciated, as investors gauge the implications of the latest personnel changes in the Trump administration. Equities in the region started with declines following weaker-than-anticipated U.S. retail sales, then ...
‘Big Bitcoin Heist’—Iceland Cryptocurrency Thefts Lead to 11 Arrests
March 6th, 2018
Eleven people, including a security guard, were arrested in Iceland in connection with the theft of almost $2 million worth of cryptocurrency-mining equipment from local data centers. Icelandic media are referring to the theft as the “Big Bitcoin Heist.” ...
Currency exchange value dynamics
March 2nd, 2018
In a recent article I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant bombshell, even to those who already see inflation as society’s greatest problem in the ...
What You Need To Know About Digital Currency Security
February 27th, 2018
Last year, the value of the major cryptocurrencies, led by Bitcoin, increased by over 2,000%, leading many investors to believe that digital currencies were truly the investment asset class of the present and future. However, there are many factors ...
Bitcoin hits 2018 low: Massive decline as cryptocurrency fails to sustain soaring prices
February 1st, 2018
Bitcoin has been hammered by the “worst monthly decline since January 2015” which has seen the value plummet from a peak of almost £14,000 ($20,000) last year to a new 2018 low this week, it has emerged. Cryptocurrency tracking ...
Asian stock markets traded mixed Friday; Japanese yen and euro rose
January 26th, 2018
Asian stock markets traded mixed Friday, while the dollar steadied after President Donald Trump waded into the unusual public discussion over exchange rates. Trump said that he favored a strong greenback, just a day after his Treasury secretary endorsed ...
South Korea to ban cryptocurrency traders from using anonymous bank accounts; Bitcoin price extended loss
January 23rd, 2018
South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, regulators said on Tuesday in a widely telegraphed move designed to stop virtual coins from being used for money laundering and other crimes. ...
Main moves in markets: Asian stocks mixed, Yen was little changed, Euro was up, Pound was flat
December 19th, 2017
Asian stock benchmarks were mixed amid growing optimism that U.S. legislators are on the brink of passing sweeping tax cuts. Benchmarks in Japan and South Korea were down while stocks in Sydney, Hong Kong and China advanced after U.S. ...
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 ...
Cryptos may destabilise fiat
November 17th, 2017
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact ...
