Wall Street Traders Embrace Bitcoin, the Commodity

Wall Street Traders Embrace Bitcoin, the Commodity

Wall Street Traders Embrace Bitcoin, the Commodity $BTCUSD, $CBOE, $CME $GBTUSD Bitcoin’s debut on Cboe (NASDAQ:CBOE) is a hit so far, with the price of the 1st-ever futures contract for the virtual currency rising 16% on the day. This paints a bright picture for other Cryptocurrencies and hot new ones like GBiT. The futures contract […]

Bitcoin On Wall Street, Opens Strong

Bitcoin On Wall Street, Opens Strong

Bitcoin On Wall Street, Opens Strong $BTCUSD, $CBOE , $CME $GBTUSD Just 4 hours after its debut on Cboe Global Markets Inc.’s (NASDAQ:CBOE) Bitcoin futures, the contracts spiked more than 20% and triggered 2 trading halts designed to cool volatility. Dealers said initial volumes exceeded expectations, while traffic on Cboe’s website was so strong that […]

Bitcoin Futures Trading Enters ‘Mainstream’ Finance

Bitcoin Futures Trading Enters ‘Mainstream’ Finance

Bitcoin Futures Trading Enters ‘Mainstream’ Finance $BTCUSD, $CME, $CBOE Currently Bitcoin is trading at: 15,879.9951, +1,810.98, or +12.87% Trading in Bitcoin futures opens Sunday evening in Chicago, as the 1st major US exchange offers a product pegged to the wildly fluctuating cryptocurrency. The currency has risen more than 1,000% this year, and about 80% in the past […]

A Few Investors Can Rock the Bitcoin Market at Will

A Few Investors Can Rock the Bitcoin Market at Will

A Few Investors Can Rock the Bitcoin Market at Will $BTCUSD Caution, about 1,000 people own 40% of the Bitcoin market Information sharing are legal, as Bitcoin is a digital currency and not a security. Currently, Bitcoin is trading 13,769.3848, -2,318.96, or -14.41% at the close: 4:10a GMT, over 20% off its highs of the week ended 8 […]

Avoid These 3 Major Bitcoin Scams

Avoid These 3 Major Bitcoin Scams

Avoid These 3 Major Bitcoin Scams $BTCUSD Bitcoin is currently trading at: 15,653.4551, -747.459 , or -4.56% Bitcoin is the most popular cryptocurrency available today, recently it has seen a lot of activity. Anything that surges warrants being in the bright lights. In Y 2009 a single Bitcoin cost about $1, and in Y 2013 it was […]

A Look at Bitcoin’s Future Once the Big Derivative Markets Launch

A Look at Bitcoin’s Future Once the Big Derivative Markets Launch

A Look at Bitcoin’s Future Once the Big Derivative Markets Launch $BTCUSD, $CME, $CBOE Bitcoin futures trading could be choppy. Bitcoin is now trading at 16,669.9941,+269.08, or +1.64%. The world largest cryptocurrency’s parabolic rally would have triggered circuit breakers on 7 of the past 10 trading days, pausing or halting trading to ensure an orderly session, […]

The Game Changer: Bitcoin Futures

The Game Changer: Bitcoin Futures

Bitcoin price rose slightly on Tuesday as investors eye the upcoming launch of bitcoin future contracts. According to industry website CoinDesk, the price rose 0.28 percent to $11,649.58 during Tuesday’s trading session. Institutional interest in the cryptocurrency market continues to increase as more exchanges are coming on to provide bitcoin-related derivatives. According to Bloomberg, Japan’s […]

Bitcoin Bulls Charging Past $16,000 Burdens Exchanges

Bitcoin Bulls Charging Past $16,000 Burdens Exchanges

Bitcoin Bulls Charging Past $16,000 Burdens Exchanges $BTCUSD, $CME, $CBOE Bitcoin surged past $16,000 for the 1st time Thursday, with demand to trade the cryptocurrency buckling one of the largest exchanges. Bitcoin’s rally of more than $3,000 in the past 24 hours continues to defy skeptics, as mainstream demand for the world’s largest cryptocurrency explodes. […]

Bitcoin Speculation Running to $15,000 This Month, Limits Off…

Bitcoin Speculation Running to $15,000 This Month, Limits Off…

Bitcoin Speculation Running to $15,000 This Month, Limits Off… $BTCUSD, $CBOE, $CME Bitcoin Bulls Running on Full Psych Steam Bitcoin climbed as much as 8.9% Thursday as it surged  $14,925.3730, extending this month’s advance to more than 45%. The price of the cryptocurrency touched $14,925.3730, a record, according to LTN data. ASX Ltd., the main exchange […]

Bitcoin Like ‘Monopoly Money’ and ‘Pure Gambling’

Bitcoin Like ‘Monopoly Money’ and ‘Pure Gambling’

Bitcoin Like ‘Monopoly Money’ and ‘Pure Gambling’ $BTCUSD $CME, $CBOE Investment guru Jim Cramer warns investors that the digital currency Bitcoin is like “Monopoly Money.” Currently Bitcoin is trading at 13,415.9951, +979.33, or +7.87% Vs the US Dollar. He said essentially that if you invest in the virtual money, you’re engaging in “pure gambling” and you have better odds […]

Futures Market Looms, Bitcoin Climbs to $12,000

Futures Market Looms, Bitcoin Climbs to $12,000

Futures Market Looms, Bitcoin Climbs to $12,000 $BTCUSD, $CME, $CBOE Bitcoin surpassed $12,000 for the 1st time on investor’s speculation that the widespread use of futures will help lead to digital currencies being viewed as a legitimate asset class for mainstream investors. Bitcoin is currently trading at: 12,219.9951+493.40 (+4.21%), as of 5:27a GMT. Market open. The […]

Bitcoin Is Not a ‘Fraud,’ It is Not for Long-Term Investors

Bitcoin Is Not a ‘Fraud,’ It is Not for Long-Term Investors

Bitcoin Is Not a ‘Fraud,’ It is Not for Long-Term Investors $BTCUSD, $CME, $CBOE Many economic guru do not think Bitcoin is a “fraud” but do not recommend it for long-term investors. Bitcoin is currently trading at $11,381. 8154, +233.261, or 2.09% in the world market. Anyone looking to put money into Bitcoin needs to […]

Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets

Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets

Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets The Data Show That Nearly 50% of ICO Investors are Europeans $BTCUSD $CME, $CBOE Nearly 50% of the cash that has poured into newly issued ICOs (cryptocurrencies) in recent years has been raised in Europe, research published Thursday showed. The report by Atomico, one of Europe’s […]

Fed: Bitcoin Could Threaten Financial Stability

Fed: Bitcoin Could Threaten Financial Stability

Fed: Bitcoin Could Threaten Financial Stability $BTCUSD, $CME, $CBOE Currently Bitcoin is trading at 10,716.3203+1,175.87 (+12.33%) As of 9:06PM GMT. Market open. Cryptocurrencies could pose a threat to financial stability as they gain wider use, a chief Fed banking oversight official said. The remarks from newly-installed Fed Vice Chairman for Supervision Randal Quarles came as Bitcoin’s price […]

Bitcoin ‘Pauses to Refresh’ After Running Up 55% in November

Bitcoin ‘Pauses to Refresh’ After Running Up 55% in November

Bitcoin ‘Pauses to Refresh’ After Running Up 55% in November $BTCUSD$CME, $CBOE Bitcoin was last down around 6.72% at $9,69.1934 on the Luxembourg-based Bitstamp exchange, from a record high of $11,395 set Wednesday. Thursday, it went as low as $9,000. The latest profit taking pullback is a ‘Pause to Refresh’ after a 54.7% rise in […]

Bitcoin Runs to Record $10,000

Bitcoin Runs to Record $10,000

Bitcoin Runs to Record $10,000 $BTCUSD, $CME, $JPM Bitcoin broke $10,000 for the 1st time Tuesday bringing the YTD price rise to more than 10X. Currently Bitcoin is trading at $10,541.9951, +621.86 or +6.27% on the day. The fast action is bringing to the mainstream what was once considered the providence of computer developers, futurists […]

Bitcoin Headed Over $40,000

Bitcoin Headed Over $40,000

The world’s most valuable cryptocurrency bitcoin can quadruple in price from the current record high of $10,000 in the next 13 months, predicts former Fortress hedge fund manager Michael Novogratz. “Bitcoin could be at $40,000 at the end of 2018. It easily could,” Novogratz told CNBC. On Monday, the digital currency smashed the $10,000 mark […]

Global Cryptocurrency Crackdown Driving Search for Safe Havens

Global Cryptocurrency Crackdown Driving Search for Safe Havens

Global Cryptocurrency Crackdown Driving Search for Safe Havens $BTCUSD FLASH: Bitcoin’s price tapping at $10,000 each, currently trading at $9,914.4346, +182.86 or +1.88%. Confronted with national regulators’ scrutiny of digital currency fund-raising, known as ICOs (initial coin offerings), many entrepreneurs are moving businesses to locations neutral or more welcoming to cryptocurrencies and known for low […]

Bigger Than ‘Black Friday’, Bitcoin Price Heads for $10,000

Bigger Than ‘Black Friday’, Bitcoin Price Heads for $10,000

Bigger Than ‘Black Friday’, Bitcoin Price Heads for $10,000 $BTCUSD, $GBTC, $CME, $CBOE There is something even bigger than Black Friday or Cyber Monday in our financial world, as cryptocurrency buying has the price of Bitcoin up over $9,400 this Sunday afternoon. I saw the price reach as high as $9,595.395 in a fast trading […]

How Singapore Can Tolerate Upcoming Crypto-Currency Popularity (SGD) Currency – Analysis

How Singapore Can Tolerate Upcoming Crypto-Currency Popularity (SGD) Currency – Analysis

Singapore is widely regarded as one of the most crypto-friendly countries in the world, largely due to its stable politics, reliable infrastructure, and favorable business environment. Singapore’s Central Bank has experimented with blockchain technology, and announced Project Ubin, a collaborative project with a consortium of banks and technology companies to explore the use of blockchain for payments […]

Central Banks are Not Innovators, Bitcoin Threatens

Central Banks are Not Innovators, Bitcoin Threatens

Central Banks are Not Innovators, Bitcoin Threatens $BTCUSD The Big Q: Should central banks embrace cryptocurrencies, or even pioneer their own? The Big A: No. Cryptocurrencies aka crypto assets, are a new and unusual financial medium innovation, and to centralize them in a bureaucracy is wrong. However, the POBC, China’s central bank, says it is working to […]

World’s Savviest Traders Join In On Bitcoin Action

World’s Savviest Traders Join In On Bitcoin Action

World’s Savviest Traders Join In On Bitcoin Action $BTCUSD, $CME, $CBOE Electronic-trading firms that have already transformed markets from stocks to Fx (foreign exchange) to futures are diving into Bitcoin and other cryptocurrencies. To date 5 of the biggest electronic traders in the world are already trading Bitcoin. Jump Trading LLC Tower Research Capital LLC […]

The Big Q: Will Bitcoin End this Year at $10,000?

The Big Q: Will Bitcoin End this Year at $10,000?

The Big Q: Will Bitcoin End this Year at $10,000? $BTCUSD Hedge fund manager Mike Novogratz, 52 anni, is starting a $500-M fund to invest in cryptocurrencies, and he says the Bitcoin rally still has legs. After surging more than 7X since December 2016, the largest digital currency will end the year at $10,000 from […]

Another Crypto Heist: Keep Your Bitcoin Safe

Another Crypto Heist: Keep Your Bitcoin Safe

Another Crypto Heist: Keep Your Bitcoin Safe Hackers have robbed the wallet in the 19th largest cryptocurrency tether. The company behind the dollar-pegged cryptocurrency blamed “malicious action by an external attacker” for the theft of $30,950,010 on Monday. Unlike BPF Tether was using a soft wallet storage system , BPF use a secure hard wallet […]

Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000

Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000

Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000 $BTCUSD Bitcoin’s Bull Run shows no signs of abating, with the world’s largest cryptocurrency defying fears marking another milestone. Bitcoin is trading at $8,224.9951, + 202.06 or 2.52% It has been a strong year for the largest cryptocurrency, with 3 corrections of more than 25%, all giving […]

Hollywood Looking for Bitcoin Film Financing

Hollywood Looking for Bitcoin Film Financing

Hollywood Looking for Bitcoin Film Financing $BTCUSD Hollywood feature film may soon be financed with cryptocurrencies. Christopher Woodrow, who has helped produce or finance movies for the past decade, says the distributed-ledger technology known as blockchain is about to disrupt the film industry and he wants to be a part of it. The producer the Oscar-winning […]

Bitcoin’s Cryptocurrency Rivals Multiply

Bitcoin’s Cryptocurrency Rivals Multiply

Bitcoin’s Cryptocurrency Rivals Multiply $BTCUSD Almost weekly we are seeing new iterations of Bitcoin, the biggest cryptocurrency, as disagreements over of its design persist and opportunities for making fast money prove hard to pass up. The biggest offshoot, called Bitcoin Cash, emerged in August after a hard fork in the Bitcoin blockchain. That spinoff valued […]

Buy Bitcoin on Your Phone, Square says, “Let’s Do It”

Buy Bitcoin on Your Phone, Square says, “Let’s Do It”

Buy Bitcoin on Your Phone, Square says, “Let’s Do It” $SQ, $CME, $CBOE, $BTCUSD Payments company Square Inc. (NYSE:SQ) said it has started allowing select customers to buy and sell Bitcoins on its Cash app, as it looks to tap into a craze that has sent the cryptocurrency up more than 600 % YTD. Bitcoin […]

Bitcoin a Thriving, Anonymous ‘Speculative’ Instrument

Bitcoin a Thriving, Anonymous ‘Speculative’ Instrument

Bitcoin a Thriving, Anonymous ‘Speculative’ Instrument $BTCUSD Bitcoin, whose value has fluctuated significantly this month, remains a “speculative” investment that thrives because of the cryptocurrency’s anonymous nature, BlackRock’s (NYSE:BLK) Larry Fink said Monday. “The reason why it does so well is it is anonymous. It’s anonymous, and it’s cross-border,” Mr. Fink, whose firm oversees nearly […]

Bitcoin: Buyers Return to Market After Deep Dive Monday

Bitcoin: Buyers Return to Market After Deep Dive Monday

Bitcoin: Buyers Return to Market After Deep Dive Monday $BTCUSD Investing and trading in Bitcoin is not for novices or the feint of heart. Bitcoin halted a 2-day correction as speculators saw a 29% dive from its record high as an excessive response to a technology upgrade being cancelled.  The cryptocurrency is currently trading $6,758.9351, […]

Bitcoin, The Black Swan for Cash

Bitcoin, The Black Swan for Cash

Bitcoin, The Black Swan for Cash $BTCUSD Former Fed Chairman Alan Greenspan does not seem to impressed by Bitcoin, the controversial digital currency some see as a fad and a sham. He compared Bitcoin to the currency issued by the Continental Congress after the American Revolution began. “Bitcoin is what used to be called fiat […]

Bitcoin Developers Suspend Plan to ‘Fork’ the Digital Currency

Bitcoin Developers Suspend Plan to ‘Fork’ the Digital Currency

Bitcoin Developers Suspend Plan to ‘Fork’ the Digital Currency $BTCUSD Bitcoin hit a record high just off of $8,000 Wednesday after a coalition of developers and investors suspended a software upgrade planned for next Thursday that could have split the digital currency in half. Bitcoin is currently trading of that high at $7,150.9648 Vs USD […]

Bitcoin Nears $8000

Bitcoin Nears $8000

Bitcoin has reached a new record high, surging 10 percent, and was trading at $7,888 on the Bitstamp exchange Wednesday after a controversial update to the cryptocurrency’s software was suspended. The bitcoin rate dipped briefly Tuesday, falling below $7,000 due to uncertainty over a new code proposal, Segwit2x, which could have create a competing cryptocurrency, […]

Millennials Rather Bitcoin Than Stocks and Bonds

Millennials Rather Bitcoin Than Stocks and Bonds

Millennials Rather Bitcoin Than Stocks and Bonds $BTCUSD Seen in News headlines, “millennials kill everything from romance to napkins”, but a new survey shows they may be responsible for keeping the Bull run in Bitcoin alive. A survey by venture capital firm Blockchain Capital found that about 30% of those in the 18-to-34 age range would […]

Bitcoin, What’s Ahead for the Raging Cryptocurrency

Bitcoin, What’s Ahead for the Raging Cryptocurrency

Bitcoin, What’s Ahead for the Raging Cryptocurrency $BTCUSD, $MSFT, $JPM, $GS, $TM, $CME, $CBOE Bitcoin’s amazing rise YTD has attracted lots of attention, but most institutional investors are still on the sidelines, as regulators have yet to issue comprehensive rules, and corporations are still only testing blockchain technology. Whether Bitcoin matures or crashes will depend […]

Goldman Sachs’ CEO, “We Cannot Dismiss Bitcoin”

Goldman Sachs’ CEO, “We Cannot Dismiss Bitcoin”

Goldman Sachs’ CEO, “We Cannot Dismiss Bitcoin” $BTCUSD, $GS, $JPM, $CME, $GBTC, $AMZN Goldman Sach’s CEO Lloyd Blankfein is keeping his ‘powder dry’ on Bitcoin the fast moving #1 cryptocurrency. The Goldman Sachs Group Inc. (NYSE:GS) Chief says he is not willing to reject the digital currency just yet and does not hold any investments in […]

Bitcoin, the Angst, the Allure

Bitcoin, the Angst, the Allure

Bitcoin, the Angst, the Allure $BTCUSD, $CME, $CBOE, $GBTC CME,(NASDAQ:CME)  the world’s largest exchange owner reversed course Tuesday and said it plans to introduce Bitcoin futures by the end of Y 2017, just a month after dismissing an earlier plan. Bitcoin, the largest cryptocurrency, which has risen 6X YTD, spiked to a fresh record high […]

Bitcoin Futures Could Open the Way Into Crypto Markets

Bitcoin Futures Could Open the Way Into Crypto Markets

Bitcoin Futures Could Open the Way Into Crypto Markets $BTCUSD Bitcoin is spiking to a record after CME Group Inc.(NASDAQ:CME) said it’s planning to launch Bitcoin futures as the move could open the way for investors who have been standing on the sidelines as Bitcoin soared over 500% YTD. The cryptocurrency marked a high at […]

Bitcoin Spikes as CME Exchange Announces Futures

Bitcoin Spikes as CME Exchange Announces Futures

Bitcoin Spikes as CME Exchange Announces Futures $BTCUSD, $CME, $CBOE CME Group Inc., (NASDAQ:CME) the world’s biggest exchange operator, plans to introduce bitcoin futures, a development that could help professional traders and investors finally get serious about the cryptocurrency. Bitcoin (BTC/USD) surged to a record high at 6,399.005 after the announcement. The Chicago-based firm, a […]

Bitcoin Marks Another Record High, Topping $6000 Each

Bitcoin Marks Another Record High, Topping $6000 Each

Bitcoin Marks Another Record High, Topping $6000 Each $BTCUSD The most widely used digital currency will now cost you about $6,092.71 apiece after blowing past the $5,000 and $6,000 for the 1st time earlier this month. Bitcoin’s total value is just over $100-B, meaning it makes up more than 50% of the overall cryptocurrency market. […]

Bitcoin’s ‘Dividend Play’ the Hot Story Now

Bitcoin’s ‘Dividend Play’ the Hot Story Now

Bitcoin’s ‘Dividend Play’ the Hot Story Now $BTCUSD Speculation about another possible split in Bitcoin is weighing on the value of the hundreds of other digital tokens that have been issued this year as the price of the biggest cryptocurrency soars. Bitcoin’s underlying network is scheduled to go through a major software upgrade in November […]

Banks Desperate to Stop Cryptocurrencies Like Bitcoin

Banks Desperate to Stop Cryptocurrencies Like Bitcoin

Banks Desperate to Stop Cryptocurrencies Like Bitcoin $BTCUSD, $JPM Recently, Jamie Dimon, CEO of JP Morgan (NYSE:JPM) said publicly that Bitcoin is a fraud that is waiting to blow up. The story came a month after China’s ban on Initial Coin Offer (ICO), an unregulated way of raising financing by cryptocurrency startups. Following the statement, […]

Bitcoin to hit $50,000

Bitcoin to hit $50,000

The price of bitcoin will grow tenfold in the next decade with the cryptocurrency’s market capitalization exceeding a trillion dollars, says an investment analyst who predicted the surge to $5,000 when bitcoin was trading at $2,600. Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. […]

CannaSOS.com ICO Taking Off

CannaSOS.com ICO Taking Off

CannaSOS.com ICO Taking Off CannaSOS.com, the cannabis social network giant, has released a press release earlier this month stating that it will be doing an ICO with its PerksCoin utility token. The company is planning to integrate its utility token in the worldwide canna space with the help of decentralized blockchain technology. More information on […]

Bitcoin Update

Bitcoin Update

Bitcoin Update Since 2011, the world’s most popular digital currency, bitcoin, outpaced all the world’s currencies, except for 2014. The combined value of the world’s cryptocurrencies has increased tenfold this year to more than $170 billion. The bitcoin rally has stalled after the so-called ‘hard-fork’ split of the digital currency, which has created another virtual […]

Bitcoin Tapping at 6,000, Traders Ignore Pitfalls

Bitcoin Tapping at 6,000, Traders Ignore Pitfalls

Bitcoin Tapping at 6,000, Traders Ignore Pitfalls $BTCUSD Bitcoin closed in on another milestone Friday, as the digital currency approached $6,000 for the first time to put its gain in 2017 to more than 500%, and is currently trading at 5,974.01, +342.94, or 6.09% on the day. As Bitcoin continues rise, people are speculating that […]

Bitcoin ETFs (exchange-traded funds) Are Coming

Bitcoin ETFs (exchange-traded funds) Are Coming

Bitcoin ETFs (exchange-traded funds) Are Coming $BTCUSD Bitcoin ETFs (exchange-traded funds) are coming, helped by the emergence of derivatives on the digital currency, according to industry executives. An expert, sitting on a on a panel at the Futures Industry Association annual conference in Chicago that it seemed obvious that futures and options will lead to […]

Bitcoin Traders ‘Edgy’ Over Coming Regulations

Bitcoin Traders ‘Edgy’ Over Coming Regulations

Bitcoin Traders ‘Edgy’ Over Coming Regulations $BTCUSD Bitcoin fell as much as 5.9%, its biggest loss in almost a month, to as low as 5,247, it bounced and is now trading at 5,414.23, +42.00 or +0.78% on the day. Looks like the ‘edginess’ wore off quickly. Bitcoin traders waiting for a pullback in the cryptocurrency price […]

Digital Currencies (aka Crypto’s) Are Stronger Than Ever

Digital Currencies (aka Crypto’s) Are Stronger Than Ever

Digital Currencies (aka Crypto’s) Are Stronger Than Ever $BTCUSD  Bitcoin prices, up over 400% YTD, hit $5,896 Saturday. While Bitcoin is the largest crypto currency, 11 other coins have a market cap in excess of $1-B, demonstrating diverse trading options. Bitcoin’s dominance is still felt across the market, it is the main currency traded against […]

Gold is Forever, Not All Crypto Currencies Will Survive

Gold is Forever, Not All Crypto Currencies Will Survive

 Gold is Forever, Not All Crypto Currencies Will Survive $GLD, $BTCUSD. $AMZN, $GOOGL, $JPM Not all of the Crypto currencies will survive, it is still early in this game. As in the .Com era there were winners and losers then, will there be winners and losers now. Bitcoin and Ethereum are the front-runners now, recall that […]

Bitcoin Surges Past $5,000

Bitcoin Surges Past $5,000

Bitcoin Surges Past $5,000 $BTCUSD $JPM, $GS, $GOOGL Bitcoin’s surge has divided the financial community between those convinced it is a bubble on the verge of popping. Questions being asked on Wall Street and Main Street about speculation on Bitcoin after the digital currency breached 5,000 for the 1st time, pushing this year’s gains to more […]

Bitcoins Big Problem: Tax

Bitcoins Big Problem: Tax

Bitcoin has captured the attention of investors and world governments alike, especially given Bitcoin’s meteoric rise over the past 12 months. Cybersecurity expert John McAfee believes they may encompass the sum of all fears for governments the world over. Taxation and Financial transparency has seen the USA attack countries like Switzerland and many other offshore […]

‘Goldie’s’ Boss says, “Keep an open mind on Bitcoin”

‘Goldie’s’ Boss says, “Keep an open mind on Bitcoin”

‘Goldie’s’ Boss says, “Keep an open mind on Bitcoin” $BTCUSD, $GS, $JPM Goldman Sachs Group Inc. (NYSE:GS) CEO Lloyd Blankfein said he is keeping an open mind on Bitcoin after a media report that the investment bank was exploring a new trading operation dedicated to cryptocurrencies.  Follow Lloyd Blankfein  ✔@lloydblankfein Still thinking about #Bitcoin. No conclusion […]

IMF Boss to Central Bankers: “Do Not Dismiss Bitcoin”

IMF Boss to Central Bankers: “Do Not Dismiss Bitcoin”

IMF Boss to Central Bankers: “Do Not Dismiss Bitcoin” $BTCUSD, $JPM Christine Lagarde, the head of the International Monetary Fund (IMF), has a message for the world’s central bankers, “Do not be Luddites” Friday, addressing a conference in London, Ms. Lagarde said virtual currencies, which are created and exchanged without the involvement of banks or government, […]

Bitcoin Traders Defy PBOC Crackdown

Bitcoin Traders Defy PBOC Crackdown

Bitcoin Traders Defy PBOC Crackdown $TECHY Just a few weeks after the PBOC banned fundraising through token launches and ordered some Bitcoin exchanges to shut, casting a chill over the cryptocurrency industry, Chinese traders say that the market is far from dead. While several exchanges announced that they will close Saturday, 30 October, traders have […]

Bitcoin is an Experiment About “The Payday” Not its Potential as Money

Bitcoin is an Experiment About “The Payday” Not its Potential as Money

Bitcoin is an Experiment About “The Payday” Not its Potential as Money $BTCUSD, $IBM Cryptocurrencies are not a store-of-value or a safe-haven for anyone’s money or assets.  In the beginning, Bitcoin was something of a revolution to me. The digital currency represented everything from my rebellious youth. It was a decentralized, denationalized, and digital currency […]

Bitcoin Debate Heats Up, Split Coming

Bitcoin Debate Heats Up, Split Coming

Bitcoin Debate Heats Up, Split Coming $BTCUSD at 3,952.73 Wednesday Bitcoin is likely to split again this November, creating a 3rd version of the world’s largest cryptocurrency as miners and developers pursue separate visions to scale up its growing market. Major industry players say consensus between opposing camps looked increasingly unlikely. That opinion was echoed […]

Bitcoin’s Rally Flying in the Face of Central Bank Regulation

Bitcoin’s Rally Flying in the Face of Central Bank Regulation

 Bitcoin’s Rally Flying in the Face of Central Bank Regulation $BTCUSD Wednesday, Bitcoin is trading at 3938+, rising about 20% from the lows marked last Friday, as concern eases that a crackdown by Chinese regulators will hinder the growth of the alternative method of exchange. After marking a record high at 4,921 on 1 September, […]

Bitcoin, from Curiosity to Household Word

Bitcoin, from Curiosity to Household Word

Bitcoin, from Curiosity to Household Word $JPM, $BTCUSD The Bank for International Settlements (BIS) said Monday, that the world’s central banks cannot ignore the growth in cryptocurrencies and may at some point have to consider whether it makes sense for them to issue their own digital currencies, “Whether or not a central bank should provide […]

HEFFX Bitcoin Outlook, $2500 then a Rally

HEFFX Bitcoin Outlook, $2500 then a Rally

HEFFX Bitcoin Outlook, $2500 then a Rally China banned initial coin offerings (ICOs), referring to them as an unauthorized fundraising tool that may involve financial scams. The Chinese central bank said those who have already raised money should pay it back. China accounts for about 90 percent of all bitcoin trading on exchanges, and demand […]

Bitcoin Dives on Dimon’s Fraud Warning

Bitcoin Dives on Dimon’s Fraud Warning

Bitcoin Dives on Dimon’s Fraud Warning $JPM, $BTCUSD, $ETH/USD Wednesday, Bitcoin dove by more than 10%, as investors sold the cryptocurrency after a warning by JPMorgan (NYSE:JPM) Chief Executive Jamie Dimon that it “is a fraud” and will eventually “blow up.” Bitcoin, the original and biggest cryptocurrency, has rallied strong in recent months, hitting a […]

Bitcoin is Fraud CEO of JPMorgan Chase Jamie Dimon

Bitcoin is Fraud CEO of JPMorgan Chase Jamie Dimon

Bitcoin is Fraud CEO of JPMorgan Chase Jamie Dimon CEO of JPMorgan Chase Jamie Dimon has denounced the bitcoin cryptocurrency as a fraud, bound to fail. Meanwhile, the controversial cryptocurrency has tumbled to a three-week low and is currently trading at around $3,970. Bitcoin lost a massive $1,000 in value since the beginning of September […]

Bitcoin Goes Mainstream in Switzerland

Bitcoin Goes Mainstream in Switzerland

Bitcoin Goes Mainstream in Switzerland Chiasso in Switzerland is going to let residents pay their taxes in bitcoin from the start of next year. The decision is part of the country’s efforts to become a global hub for financial technology. According to the swissinfo.ch portal, authorities approved the new scheme after discussions with cryptocurrency and […]

China May Slap Brakes on Bitcoin

China May Slap Brakes on Bitcoin

China May Slap Brakes on Bitcoin Caixin reported that China was planning to shut down local crypto-currency exchanges. On Monday, Bloomberg and the Wall Street Journal issued similar reports, saying that China was drafting a plan to ban commercial trading of all virtual currencies. Bitcoin was trading lower by around 1.6 percent at $4,160. Speculation […]

Bitcoin Investment Opportunities

Bitcoin Investment Opportunities

Magical Internet Money Hits $5k The decentralized currency Bitcoin has rallied hard this year, climbing from $1,000 per BTC on January 1st to $5,000 per BTC on the first of September. The digital asset had a substantial market capitalization of approx. $82.6B with only 16.5 million bitcoins currently in circulation. Further, bitcoin trade volume has […]

Cryptocurrency Crackdown Sparks a Rush to Gold

Cryptocurrency Crackdown Sparks a Rush to Gold

Cryptocurrency Crackdown Sparks a Rush to Gold $BTCUSD, $GLD, $BAC Market guru Mark Mobius said he is sensing danger in the explosive growth of cryptocurrencies. Governments will begin clamping down on digital currencies because of their use in illicit financing, with terrorist groups to drug dealers contributing to their rise, Mr. Mobius, Executive Chairman at […]

Bitcoin Dives, China Declares Initial Coin Offerings Illegal

Bitcoin Dives, China Declares Initial Coin Offerings Illegal

Bitcoin Dives, China Declares Initial Coin Offerings Illegal $BTCUSD Bitcoin dives after the PBOC, China’s central bank, said ICO (initial coin offerings) are illegal and asked that all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the burgeoning market for digital token sales. Monday,the PBOC on its website […]

Morgan Stanley Notes: Bitcoin Cannot Match Gold as Inflation Hedge

Morgan Stanley Notes: Bitcoin Cannot Match Gold as Inflation Hedge

Morgan Stanley Notes: Bitcoin Cannot Match Gold as Inflation Hedge $GLD, $BTCUSD, $MS, $GS Bitcoin is better than Gold and is probably better than conventional fiat (paper) currencies as a medium of exchange. But the conventional view that this new cryptocurrency is also superior to Gold as a hedge against inflation and uncertainty still needs […]

Bitcoin’s Profile Grows Forecasts Rise

Bitcoin’s Profile Grows Forecasts Rise

Bitcoin’s Profile Grows, Forecasts Rise $BTCUSD, $GS, $BAC Price forecast for Bitcoin are rising, with some of the biggest banks including Goldman Sachs Group Inc. (NYSE:GS) joining, while speculators to long-time investors are making new bets. The consensus is that the biggest cryptocurrency will face some resistance around 4,500 – 4,800 and correct, to then […]

Bitcoin, The Big Picture

Bitcoin, The Big Picture

Bitcoin, The Big Picture $BTCUSD finished at $4410.98 Wednesday. The price of Bitcoin rose Wednesday, following a brief dip below the $4,000 mark, in an apparent run at another record high. On 1 August Bitcoin Cash ,Peer-to-Peer Electronic Cash successfully launched. The Big Picture A simple cryptocurrency transaction looks like this, as follows: John wants to send […]

Bitcoin Powers Human Trafficking

Bitcoin Powers Human Trafficking

A team of university researchers has devised the first automated techniques to identify ads potentially tied to human trafficking rings and link them to public information from Bitcoin – the primary payment method for online sex ads. This is the first step toward developing a suite of freely available tools to help police and nonprofit […]

Crypto Coin Market is a ‘Time-Bomb’ that is Ticking

Crypto Coin Market is a ‘Time-Bomb’ that is Ticking

Crypto Coin Market is a ‘Time-Bomb’ that is Ticking Entrepreneurs issuing dispensable digital coins to cash in on the hype of Crypto currency are fanning a blockchain assets bubble. Firms have raised $1.3-B this year in digital coin sales, surpassing venture capital funding of blockchain companies and up more than 6X from the total raised […]

Bitcoin (cryptocurrencies) Emerges as a New Asset Class 

Bitcoin (cryptocurrencies) Emerges as a New Asset Class 

Bitcoin (cryptocurrencies) Emerges as a New Asset Class $GLD, $USD, $BTC No asset has evolved from concept to storing billions of dollars as fast as Bitcoin. In the 7 years since inception, a robust ecosystem has developed. Retail traders have the infrastructure to drive over $1-B in daily liquidity while professionals can access tailored financial […]

Investment Strategist Warns, “Stay away from Bitcoin…”

Investment Strategist Warns, “Stay away from Bitcoin…”

Investment Strategist Warns, “Stay away from Bitcoin…” $BTCUSD The price of Bitcoin has risen by 210% since March to over $2,900… and one of the world’s most successful investment strategists is warning investors to stay away. Speaking at the Mauldin Economics’ Strategic Investment Conference, Raoul Pal said Bitcoin’s explosion upward is mania. Bitcoin Is a […]

Marijuana Entrepreneurs See Bitcoin as Banking Answer

Marijuana Entrepreneurs See Bitcoin as Banking Answer

Marijuana Entrepreneurs See Bitcoin as Banking Answer Legal marijuana companies are turning to Bitcoin, the world’s most popular digital currency, in an effort to get rid of all its cash, as banks stay on the sidelines. The inability to access traditional financial institutions is 1 of the marijuana industry’s biggest impediments. Legal cannabis was a […]

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds $GLD, $SLV,$DIA, $GOVT Last  week ended with a new all-time high for the DJIA.  Keep in mind I am still a Big Bear on the stock market, but there’s no need to begin the depression any sooner than is necessary.  Still, I have to be honest […]

A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard.

A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard.

A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard. $GLD, $ABX, $SLW, $EXCFF You may recall that in December 2016 the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council (WGC) announced a new “Shari’ah Standard on Gold.” The new Gold standard was celebrated as a […]

The Bitcoin Bonanza, the Cryptocurrency Marks a Record High

The Bitcoin Bonanza, the Cryptocurrency Marks a Record High

The Bitcoin Bonanza, the Cryptocurrency Marks a Record High $GLD, $BTCUSD $100’s worth of Bitcoins 7 years ago are now valued at nearly $80-M Bitcoin has more than 2X’d this year compared against the USD, reaching a record high of $2,190.45/each Monday, the 7-year anni of Bitcoin Pizza Day. The Day commemorates the time a […]

Bitcoin (BTC) More Valuable Than Gold?

Bitcoin (BTC) More Valuable Than Gold?

Bitcoin (BTC) All Time High Highlights: Two days after breaching $1,700, Bitcoin continued its surge, trading through $1,800 Coinify Deal Adds 3000 Merchants to Bitcoin Network Chinese Bitcoin Exchanges May Resume BTC Withdrawals Bitcoin Gets a Tax Cut in Australia’s 2017 Budget Japanese E-Giant Will Launch GMO-Z Bitcoin Exchange In Two Weeks. 1000 Ghs = […]

Bitcoin Spikes, Marks $1,700, + $1-B Market Cap in 24 Hrs

Bitcoin Spikes, Marks $1,700, + $1-B Market Cap in 24 Hrs

Bitcoin Spikes, Marks $1,700, + $1-B Market Cap in 24 Hrs The price of the volatile digital currency rose above $1,700 Tuesday morning, according to a price index by industry website Coindesk, with analysts contemplating what risks or Back Swans could scuttle its recent price run. “Over 1 year, the market capitalization for Bitcoin has increased […]

Bitcoin Marks All-time Highs

Bitcoin Marks All-time Highs

Bitcoin Marks All-time Highs  $BTCUSD Tuesday, Bitcoin rose to an all-time high above $1,400, after more than 3X’ing in value over the past year, with its most recent rise attributed to strong demand in Japan, where the digital currency has been deemed a legal means of payment. Cryptocompare, a data website that analyses Bitcoin trading […]

SEC says No to Bitcoin, Price Dives Deep

SEC says No to Bitcoin, Price Dives Deep

SEC says No to Bitcoin, Price Dives Deep Last week the SEC denied a Bitcoin’s ETF proposal filed by the Winklevoss Brothers. FLASH: On March 10 after the closing of the NYSE, the Securities and Exchange Commission (SEC) rejected the rule change for the Bitcoin ETF due to regulatory concerns. Following the announcement, the price per […]

Bitcoin Nears Record Highs

Bitcoin Nears Record Highs

Bitcoin Nears Record Highs Bitcoin Hits 3-year Peak, Nears Record High on US ETF Approval Talk Bitcoin hit its highest levels in more than 3 years Thursday and came within $3 of an all-time high, on speculation that the 1st Bitcoin ETF (exchange-traded fund) is set to receive approval from the US financial regulator. Traditional […]

Bitcoin: What You Need to Know

Bitcoin: What You Need to Know

Bitcoin: What You Need to Know In Y 2009 a person dubbed Satoshi Nakamoto introduce the idea of Bitcoin, although the concept of crypto-currency stems from a Y 1998 publication by Wei Dai. What began as an idea for a way to create an economy outside the constraints of government quickly gained momentum and has […]

Tallinn will host the first large conference devoted to Blockchain

Tallinn will host the first large conference devoted to Blockchain

Tallinn will host the first large conference devoted to Blockchain and cryptocurrencies On March 9, 2017 the first large conference for Blockchain developers and businessmen – Blockchain & Bitcoin Conference – will be held in Tallinn. Representatives of leading IT companies, authors of startups and everyone who is interested in Blockchain technologies will come together. […]

Dubai to Use Blockchain Technology for All Government Documents

Dubai to Use Blockchain Technology for All Government Documents

Dubai to Use Blockchain Technology for All Government Documents The Dubai government is seeking to position the emirate as a leader in blockchain technology Dubai has announced plans to use blockchain, the database technology behind crypto currency Bitcoin, for all government documents by Y2020. Dubai Media Office said in a tweet the strategy was launched […]