A cryptocurrency created as a parody is now worth more than $1 billion: A cryptocurrency that was created as a parody and named after an internet meme now has a market value of more than $1 billion. Data from CoinMarketCap showed dogecoin’s current market value is about $1.17 billion — as of Jan. 5, 2:56 … Read more
Five predictions for digital currencies in 2018 — including stomach-churning drops, bitcoin-related IPO: After the bitcoin craze rose to a near-fever pitch in the last several weeks of 2017, several investors and analysts in the space see more growing pains for cryptocurrencies this year. Here are five predictions for digital currencies, based on those interviews: … Read more
Bitcoin In 2018: Can Futures, Mainstream Investors Tame The Hysteria? Bitcoin began 2017 trading under $1,000. Then it got much bigger. Investors big and small arrived, sometimes bailed hard — as they did on Friday — then arrived some more. Concerns were raised that Bitcoin barely qualified as money. Concerns were raised that its immense … Read more
Bitcoin is a bubble that may crash soon – Jeremy Grantham: In the latest development, a noted investor Jeremy Grantham, who called the last two major market bubbles, said bitcoin is a bubble that may crash soon. “This is a true, crazy mini-bubble of its own I expect,” Grantham, co-founder of Boston-based investment management firm … Read more
Bitcoin Slips As Merrill Lynch, China Send These Bearish Signals: Bitcoin and related futures were relatively steady Thursday, even as U.S. financial regulators warned on cryptocurrency risks, Bank of America (BAC)-owned Merrill Lynch has reportedly banned more investments associated with the cryptocurrency and Chinese state media lashed out at Bitcoin. On the spot market, the … Read more
Bitcoin is being dropped by criminals in favour of privacy coins like monero: Some coins post fake blockchain entries to hamper surveillance. Bitcoin is losing its luster with some of its earliest and most avid fans — criminals — giving rise to a new breed of virtual currency. Privacy coins such as monero, designed to … Read more