Why bitcoin could be a major market risk next year, explained: Bitcoin has soared quadruple digits this year, and one market watcher sees the cryptocurrency posing a potential risk to investors next year given its extreme volatility and lack of regulation. Intense fervor around bitcoin has pushed bitcoin up more than 1,500 percent in 2017 … Read more
Bitcoin, Ethereum and other major cryptocurrencies slip while Ripple briefly surges to third place: Alternative digital currency Ripple made some significant gains Friday, despite the wider market for cryptocurrencies seeing a sharp pullback. Also known as XRP, it soared to $1.24 at 1:14 a.m. ET, and was up 25 percent over a period of 24 … Read more
Opinion: Bitcoin is perfectly tracking major bubble phases: Most people who own a line of code that represents the cryptocurrency bitcoin did not buy it to use it in a financial transaction — as cryptocurrency enthusiasts tout their benefits — but because its price is rising. That’s the entirety of it. The price is rising … Read more