Bitcoin’s bubble swells with a new record high

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Business Insider CEO Henry Blodget breaks down bitcoin’s surge to another record high this week, which has spurred more questions around how high it can go. The cryptocurrency has doubled in August alone, further fueling the argument that it’s a … Read Full Story The post Bitcoin’s bubble swells with a new record high appeared […]

Bitcoin’s bubble swells with a new record high

Posted on Leave a commentPosted in News

Business Insider CEO Henry Blodget breaks down bitcoin’s surge to another record high this week, which has spurred more questions around how high it can go. The cryptocurrency has doubled in August alone, further fueling the argument that it’s a speculative bubble. If you choose to invest, the best way forward is to focus on […]

Bitcoin Price Tops $4,800, Reaching New High

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Bitcoin prices topped $4,800 today, reaching a new high. The digital currency’s price climbed to as much as $4,802.40 during the session, according to CoinDesk’s Bitcoin Price Index (BPI). This price represented one of many fresh highs that Bitcoin has … Read Full Story The post Bitcoin Price Tops $4,800, Reaching New High appeared first […]

STOCKS CLIMB: Here’s what you need to know

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Stocks climbed on Thursday ahead of Jobs Day, with the tech-heavy Nasdaq hitting a record high. Within the Nasdaq, Apple hit a record high after the company announced the launch event date for its newest smartphone. Amazon was up by 1.4% and Tesla was up 0.9% in the late afternoon. First up, the scoreboard: Dow: 21,978.21, […]

Putin’s People Getting Into Bitcoin Mining

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Putin’s Internet ombudsman plans $100 million Initial Coin Offering (ICO) for Bitcoin mining farm in Russia. Per Dmitry Marinichev (Internet Ombudsman), the cryptocurrency mining operation will utilize semiconductor chips designed in Russia. Russian … Read Full Story The post Putin’s People Getting Into Bitcoin Mining appeared first on ForexTV. from ForexTV http://ift.tt/2gt6Wb1

6 Reasons Regulators Should Reject Bitcoin ETFs

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Wrapping Bitcoin in an ETF makes as much sense as printing and snail mailing your e-mails. A “buy and hoard” cryptocurrency ETF would divert attention to price speculation and higher volatility rather than to productive applications of blockchain technology. Read Full Story The post 6 Reasons Regulators Should Reject Bitcoin ETFs appeared first on ForexTV. […]

Embattled Bitcoin Exchange BTC-E Pledges Daily Updates Ahead of September Relaunch

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Earlier this summer, CCN reported on BTC-e’s domain being seized shortly after 38-year-old Russian national Alexander Vinnik was arrested for laundering $4 billion in bitcoin. At the time he was believed to be the exchange’s admin but, as updates … Read Full Story The post Embattled Bitcoin Exchange BTC-E Pledges Daily Updates Ahead of September […]