Wealthy investor Mike Novogratz says that the run-up in dogecoin is a reflection of the disenchantment of younger investors in the current state of financial markets and the economy and cautioned that trying to bet on the parody coin at these current levels is dangerous. “It is dangerous beingRead More →
Bitcoin prices were sinking into correction territory Sunday morning, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry. At last check, bitcoin prices BTCUSD, -14.69% late-morning Sunday were at $55,773.11 down nearly 14%Read More →
At first glance, 2019 was a rough year for anyone in favor of an economy and society guided from the bottom up by people with the freedom to exchange, cooperate and think as they choose. The highly visible left flank of the Democratic Party, fully embracing socialism in name andRead More →
‘I’d seen a story at some point about someone who had spontaneous orgasms at random times throughout the day. That’s the best way I can describe the feeling. When I checked my phone, I’d be up another six figures since the last time I looked. I couldn’t resist stopping whateverRead More →
The bitcoin price has seen a crazy past 36 to 48 hours. After tumbling to as low as $7,300 in the middle of last week bitcoin BTCUSD, +2.68% shot up to over $10,000 on some exchanges overnight Friday and Saturday, for its biggest single-day rise since April 2, beforeRead More →
Bitcoin prices have quietly been in meltdown mode in recent trade and that trend has accelerated amid testimony on Wednesday from Facebook Inc.’s CEO Mark Zuckerberg as he attempts to make a case for digital-currency payment platform Libra. Zuckerberg is testifying in front of the House Financial Services Committee asRead More →
The world’s No. 1 cryptocurrency, bitcoin, has enjoyed a very loose relationship with other assets during its brief history, but that could be changing, a recent chart shows. A report from Digital Asset Data illustrates (chart attached) that over the past three months, bitcoin has moved in tandem with goldRead More →
Back in 2017, with the stock market fresh off its best January performance in years, the $100 bill emerged as the most widely circulated currency in the world, overtaking the $1 bill for the first time ever. Two years later, as you can see by this “chart of the week”Read More →
“If products and services like these are left improperly regulated and without sufficient oversight, they could pose systemic risks that endanger U.S. and global financial stability.” That’s what a group of Democrats on the House Financial Services Committee said to Facebook Inc. on Tuesday, in a letter asking the techRead More →
If at first you don’t succeed, just create your own central bank. Stephen Moore failed in his bid to join the Federal Reserve board, but the controversial conservative economic adviser will reportedly soon be playing a key role at a new “central bank” for cryptocurrencies. Fox Business reported late MondayRead More →
After reaching the $10,000 mark for the first time in more than a year Friday, the price of bitcoin briefly surged above $11,000 on Saturday but was struggling to push past the fresh threshold in Sunday trading. Bitcoin BTCUSD, -4.05% was recently up 0.3% at $10,723.37 Sunday evening Eastern U.S.Read More →
A day after reaching the $10,000 mark for the first time in more than a year, the price of bitcoin briefly surged above $11,000 on Saturday. Bitcoin BTCUSD, +1.70% shot up 7%, topping $11,100 in Saturday morning trading, according to CoinDesk, its highest level since March 2018. The priceRead More →
MoneyGram International Inc. is officially getting on the blockchain, and will be rewarded handsomely by a prominent company in the cryptocurrency space. The money-transfer service announced Monday afternoon that it has agreed to a deal with blockchain company Ripple that involves an investment of up to $50 million at pricesRead More →
Reports that Facebook Inc. is about to roll out a cryptocurrency as soon as next week have helped bitcoin to notch its best weekly trading period in about three weeks. Bitcoin futures for June delivery BTCM19, +2.29% trading on the CME Group Inc. CME, +0.18% on Friday settled at $8,440,Read More →
Bitcoin bets made Erik Finman a millionaire before he was out of his teens. Now, the crypto wunderkind says he wants to help engineer a platform for investing in cryptocurrencies that is easy for average folks to use. “The goal of the application is to make cryptocurrency not just moreRead More →
A surge in bitcoin prices that took it well above $8,000 appears to be coming to a halt, wotj the world’s No.1 crypto asset running into sudden and sharp selling pressure within the past 24 hours. Bitcoin BTCUSD, +2.56% hit an intraday low of $6,688.78 at 11 p.m. Eastern TimeRead More →
Bitcoin prices continued to march higher on Tuesday, trading through $8,000 for the first time in more than nine months. The price of a single bitcoin BTCUSD, +4.22% hit an intraday day high around $8,300 and in most recent trade the cryptocurrency was trading at $8,058.90, up 2.5%. The best-knownRead More →
Bitcoin prices rose on Friday, trading to their highest level in five weeks and on track to log a second successive winning month. On Friday, one bitcoin BTCUSD, +1.05% fetched $4,122.09, up 1.8% since Thursday’s level at 5 p.m. Eastern time, its highest level since Feb. 24, according to KrakenRead More →
Bitcoin traded higher on Friday, looking to register its fourth-consecutive winning session, which would be just the second such streak of 2019. In Friday trade, a single bitcoin BTCUSD, +0.70% changed hands at $3,890.20, up 0.5% since Thursday’s level at 5 p.m. Eastern time of the Kraken exchange. The cryptocurrencyRead More →
Bitcoin prices moved higher on Wednesday, extending gains from the previous session, moving the digital currency toward $3,900 and nearing $4,000 — a level viewed by technical analysts as a point of resistance. In Wednesday morning trade, one bitcoin BTCUSD, +0.02% was fetching $3,846.30, up 0.3% since Tuesday at 5Read More →
Bitcoin prices moved higher on Friday, putting the digital currency on track to book a second straight week of gains. A single bitcoin BTCUSD, -0.12% was fetching $3,851.58, up 0.4% since Thursday’s level at 5 p.m. Eastern time on the Kraken exchange. The cryptocurrency has yet to log back-to-back winningRead More →
Bitcoin prices rose Friday afternoon, clawing back losses from the previous session and putting the cryptocurrency on track for its best week in two months. Most recently, a single bitcoin BTCUSD, +0.12% was fetching $3,944.10, up 1.2% since Thursday’s level at 5 p.m. Eastern time on the Kraken exchange. TheRead More →
Bitcoin prices were mostly unchanged on Tuesday, stuck in a tight trading range below $3,500. In afternoon trading, a single bitcoin BTCUSD, +0.21% was fetching $3,453.77, up 0.2% since Monday’s level at 5 p.m. Eastern Time on the Kraken crypto exchange. The cryptocurrency has spent the past 48 hours tradingRead More →
Bitcoin prices were holding firm on Thursday, despite the withdrawal of a widely followed bitcoin-backed exchange-traded fund proposal. On Thursday, bitcoin, BTCUSD, +0.13% the world’s largest digital currency, was changing hands at $3,583.06, up 0.5% since Wednesday at 5 p.m. Eastern Time on the Kraken exchange. The ETF proposal byRead More →
Bitcoin prices were trading marginally lower Friday, continuing what’s been a quiet week for the best-known cryptocurrency. On Friday, one bitcoin BTCUSD, +4.11% was fetching $3,618.91, down 0.8% since Thursday at 5 p.m. Eastern Time on the Kraken crypto exchange. For the week, the cryptocurrency is higher by 1.6%. Read:Read More →
