Bitcoin led the best-performing ETFs this year: The research director behind one of 2017’s top-performing exchange-traded funds is still betting on bitcoin and electric, self-driving cars. Thanks to an early investment in the Bitcoin Investment Trust (GBTC), Ark Web x.0 ETF (ARKW) and the Ark Innovation ETF (ARKK) are the two best-performing ETFs this year, … Read more
Bitcoin soars while Dollar heads for worst year since 2003: The dollar fell to its lowest in over three months against a basket of major currencies on Friday, on track for its biggest annual drop since 2003, on doubts over durability of a pickup in U.S. economic growth in wake of last week’s tax overhaul. … Read more
Tech investor Roger McNamee thinks 2018 will be a decisive year for bitcoin: Bitcoin might be all hype, but it could withstand a crash and become legitimate, particularly if it sees enough gains in 2018, according to tech investor Roger McNamee. Bitcoin is “still a very small market in the context of the larger financial … Read more
Bitcoin drops 11% as South Korea moves to regulate cryptocurrency trading: In the latest development, bitcoin fell on Thursday, marking the latest gyration following a major sell-off at the end of last week. The cryptocurrency fell as low as $13,672.16 on Thursday — an 11 percent decline compared with the beginning of the day, according to … Read more
Bitcoin is losing its dominance over the crypto market: Its share of the cryptocurrency market has more than halved since January 2017. 2017 was an incredible year for bitcoin. In addition to appreciating by more than 1,500% since the start of the year, it also now has two futures markets, which have lured a number … Read more
Bitcoin price WARNING: Expert MOCKS cryptocurrency – You can’t buy McDonald’s with bitcoin: Bitcoin will not have a traditional trading use in 2018, said Director of the Ira Epstein Division at Linn & Associates, Ira Epstein. The financial chief laughed at people trading bitcoins during the Christmas holidays when the cryptocurrency suffered a major fall … Read more