Bitcoin No Threat to Financial Stability – European Economists: In the latest development, a group of European economists believe bitcoin is no threat to the financial stability, although regulatory oversight needs to be increased, new research shows. In a survey published yesterday by the U.K.-based Center for Macroeconomics, 100 prominent European university economists were asked … Read more
2018 Pyeongchang United States Olympic Luge Team to Accept Bitcoin Donations: Over the weekend, the United States Olympic Luge Team announced they are the first Olympic team in the country to advocate for and accept bitcoin in donation. With only two months from starting Winter Games in South Korea, there’s just enough time to promote … Read more
Bitcoin price: Is cryptocurrency bubble going to burst? Bitcoin peaked at £14,251.01 ($19,026.21) on Monday, according to the CoinDesk exchange before slumping down to £13,221.59 ($17,651.85). On Sunday, Bitcoin hit a new record high price as the cryptocurrency board past $20,000. However, fears have been raised that Bitcoin will “spiral out of control” after warnings … Read more
Bitcoin valuation is ‘exceptionally ambiguous: Robert Shiller – It’s a riddle, wrapped in a mystery, inside an enigma. Otherwise known as bitcoin. Bitcoin’s meteoric rise has captivated Wall Street and Main Street alike. Among one of the biggest unknowns surrounding the cryptocurrency is how to value it, and it’s stumped even the most veteran market … Read more
How to make money off bitcoin without actually buying it: Bitcoin: it’s electric. Well, indirectly, anyway. Electricity consumption domestically and around the world is rising on bitcoin mining fervor, according to media reports citing Digiconomist data on bitcoin-related energy consumption. Investors can capitalize on the surge in electricity consumption by way of bitcoin mining through … Read more
An investor who bought bitcoin at $72 warns a 50% drop could happen before the next boom: According to a former hedge fund strategist who is now a digital currency investor, Bitcoin is a risky investment that could easily plunge 50 percent next week to levels seen only last month. But Dan Morehead, founder and CEO … Read more