Bitcoin’s Market Cap Surpasses the IMF’s Special Drawing Rights Reserves

by

Bitcoin’s Market Cap Surpasses the IMF’s Special Drawing Rights Reserves: Twenty-four hours ago the decentralized cryptocurrency bitcoin and its US$300Bn market capitalization just surpassed the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $291Bn).  Bitcoin’s Market Valuation Outpaces the IMF’s Special Drawing Rights Reserves Bitcoin’s value has grown immensely in 2017 outperforming nearly every … Read more

Once Coy, Hedge Funds Now Rush to Bitcoin

by

Once Coy, Hedge Funds Now Rush to Bitcoin: Bulls are on parade as hedge funds pour money into bitcoin-related projects and products. Traditional hedges have been outperformed by cryptocurrency funds in 2017, and the phenomenon has turned into a full-fledged feeding frenzy. New indices are popping up to track it all. Ecosystem stalwarts Bitgo and … Read more

Bitcoin Can’t Stop Breaking Things

by

Bitcoin Can’t Stop Breaking Things: When bitcoin futures trading went live on Sunday night, there were sniggers from the cryptocurrency community after Cboe’s website was instantly knocked offline.  “Welcome to bitcoin,” went the refrain. Disruption of service is all part of daily life at several of the web’s largest bitcoin exchanges. In the last 24 … Read more

South Korea Releases Emergency Measures for Cryptocurrency Regulation

by

South Korea Releases Emergency Measures for Cryptocurrency Regulation: South Korea’s government has released emergency measures for cryptocurrency regulation on Thursday. Bitcoin exchanges will now be regulated. Among other measures, there will be a ban on banks, minors, and foreigners trading cryptocurrency as well as a clampdown on virtual bank accounts needed to trade cryptocurrencies in … Read more

Cryptocurrency Gets Its Own Comedy In “Bitcoin” – the Movie

by

Cryptocurrency Gets Its Own Comedy In “Bitcoin” – the Movie: Bitcoin is serious business, but not so serious that it can’t afford to laugh at itself. It was inevitable that someone would commission a bitcoin movie sooner or later, and in the event, that honor has gone to Christian Cashmir. The little-known filmmaker is producing … Read more

+ More