Cryptocurrency mania is also providing a badly needed “shot in the arm” for the traders in the stock exchanges. Stock market expert and Birinyi Associates founder Laszlo Birinyi thinks that the phenomenal rise of Bitcoin price, which has grown by 1,950 percent since January 2017, is serving as a catalyst for the global financial market overall and attracting more new investors […]
Are people putting their houses for mortgage in order to buy Bitcoin? It is a worrying trend, as these decisions are foolhardy to say the least, but moreso, they are dangerous — as they have preceded other bubbles in the past. While the product (dot com sites, or housing) is not necessarily bubble-prone, the way […]
What would $100 of Bitcoin be worth today? One of the reasons that Bitcoin is capturing the hearts and minds of individuals is the stories of instant millionaires who have made their fortune from being an early adopter. People who were mining the coin or accumulating it by the hundred, and were smart enough to hold […]
Bitcoin is the World’s most Popular Digital Currency NiceHash says it had stopped operations for 24 hours and was working to verify how many bitcoins were taken. “The incident has been reported to the relevant authorities and law enforcement and we are cooperating with them as a matter of urgency,” it said. The statement urged users […]
Bitcoin smashed through the US$10,000 barrier this week The rise has taken the overall market capitalization of hundreds of so-called cryptocurrencies beyond US$300 billion as demand for digital currencies soars. Nasdaq is charging into the race to bring bitcoin to a greater swathe of investors. The New York-based exchange operator plans to introduce bitcoin futures […]
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