Bitcoin, Ethereum, G-BiT, IOTA and Ripple

Bitcoin, Ethereum, G-BiT, IOTA and Ripple

Bitcoin, Ethereum, G-BiT, IOTA and Ripple Six years ago bitcoin was the only cryptocurrency people talked about. Now, there are almost 1,400 of them. While remaining the locomotive of digital money, bitcoin has been gradually losing its preeminence in the market. Bitcoin had a very good year. In addition to appreciating by more than 1,300 […]

Forex Morning Briefing: Bitcoin Opens 2018 Soft

Forex Morning Briefing: Bitcoin Opens 2018 Soft

Forex Morning Briefing: Bitcoin Opens 2018 Soft $BTCUSD,$CME,$CBOE For the 1st time since Y 2015, Bitcoin, the world’s biggest the cryptocurrency, began a New Year by declining, extending its slide from a record $19,511 reached on 18 December 2017. Currently Bitcoin is trading at: 13,274.9453, -325.029, or -2.39%, as of 6:41a GMT, the market is open. On […]

The Trump Stock Market Rally Defied the Naysayers in 2017

The Trump Stock Market Rally Defied the Naysayers in 2017

The Trump Stock Market Rally Defied the Naysayers in 2017 $DIA, $SPY, $QQQ, $VXX Year 2017 was  full of surprises but market reactions defied conventional wisdom, leaving many a prognosticator 180 degrees out of phase.. Take the global economy; it was strong, yet bond yields went nowhere. NKorea threatened nuclear war, and volatility in US […]

Ripple has become a Major Bitcoin Alternative

Ripple has become a Major Bitcoin Alternative

Ripple has become a Major Bitcoin Alternative Ripple has now gained almost 35,000% this year, overtaking ethereum on Saturday to become the world’s second-biggest virtual currency. Ripple has had the biggest growth in value among notable digital tokens this year. It went from less than a cent ($0.006523) in January to $2.24 on Saturday, which […]

Bitcoin Looks Ready to Rally

Bitcoin Looks Ready to Rally

Bitcoin Looks Ready to Rally NYSE Bitcoin Index closed up 201.260 at 14,492.178. Volume was -0% below average (neutral) and Bollinger Bands were 100% wider than normal. Open High Low Close Volume___ 14,492.17814,492.17814,492.17814,492.178 0 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 15,578.40 10,707.17 4,818.76 Volatility: […]

Today is all About Ripple not Bitcoin

Today is all About Ripple not Bitcoin

Ripple has surged another 33 percent on Friday and is very close to becoming the second-largest cryptocurrency. It is up 30,000 percent in 2017. After the Friday’s price jump, ripple’s market cap hit $73.6 billion at 11:04 GMT, briefly leaving ethereum $3 billion behind. While bitcoin and many other cryptocurrencies are known for being decentralized, […]

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin $BTCUSD Bitcoin Looks Weak, as Tough Holiday Period Continues Bitcoin is coming under selling pressure once again, with efforts by SKorean authorities to rein in speculation being blamed for the drop of around 10%. Currently Bitcoin is trading at: 14,619.9951,+9.9697, +0.07%, as of 8:41a GMT, the market is open. While this is […]

All the Bitcoin News

All the Bitcoin News

John McAfee Cryptocurrency enthusiast and cybersecurity pioneer John McAfee has claimed that his Twitter account was compromised by an unknown offender who used his social media account to fraudulently promote “undervalued” digital coins. McAfee said his Twitter account was compromised and used by a hacker to promote lesser-known cryptocurrencies. The now deleted tweets imitated McAfee’s […]

Bitcoin and Ripple the Talk of the Crypto World

Bitcoin and Ripple the Talk of the Crypto World

Bitcoin and Ripple the Talk of the Crypto World Bitcoin is continuing to lose its dominance over the cryptocurrency market, losing over 14 percent of its value in the last 24 hours. At the same time, rival virtual currency ripple surged almost 20 percent to its all-time high. Ripple’s gains followed the news that Japanese […]

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin $BTCUSD $CME, $CBOE Commentary: Most currencies to go quiet until after 1 January 2018. PE Last week, Bitcoin dropped from nearly $20,000 to a low of below $12,000. The sell-off was unexpected to some, leading civilian participants to call it Armageddon. On Christmas Eve, it started to rise and then fall again, it […]

Forex Morning Briefing: Bitcoin Bounced Briefly, Faded Then Gained Momentum

Forex Morning Briefing: Bitcoin Bounced Briefly, Faded Then Gained Momentum

Forex Morning Briefing: Bitcoin Bounced Briefly, Faded Then Gained Momentum $BTCUSD Tuesday, Bitcoin bounced briefly to above $16,000 as traders of the world’s biggest digital currency played the Fibo line of its 5 day 44% correction. The tokens rose to as much as $16,132.09 and were poised for the biggest gain on a closing basis […]

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin $BTCUSD,  $CME, $CBOE Bitcoin, the Big Q: How High Can it Go, How Low Can it Go? Bitcoin, after running hard to tap at $20,000, the crypto currency has cascaded ever since the CME aka the Merc, (NASDAQ:CME) started offering Bitcoin futures at the start of last week. From its high […]

Analysts See End of the Year Weakness in Bitcoin Price

Analysts See End of the Year Weakness in Bitcoin Price

Analysts See End of the Year Weakness in Bitcoin Price $BTCUSD ,$CME, $JPY Bitcoin, the biggest cryptocurrency, extended its decline over the Christmas Holiday weekend, failing to reverse a selloff that began after an unprecedented rally fell short of cracking the $20,000 mark. The fall is expected to bring more end-of-year weakness to a market […]

The Actual Value of Bitcoin Might be Zero

The Actual Value of Bitcoin Might be Zero

The Actual Value of Bitcoin Might be Zero $BTCUSD  ,$MS, $GLD The lack of people and businesses willing to accept it as a means of payment indicates that its actual value might be nothing aka Zero, according to an analyst from Morgan Stanley Current Bitcoin is trading at: A Morgan Stanley (NYSE:MS) analyst sent a research […]

Fueling the Fire of Bitcoin: Knowledge is Power

Fueling the Fire of Bitcoin: Knowledge is Power

Fueling the Fire of Bitcoin: Knowledge is Power $BTCUSD, $CME, $CBOE, $GS 1st Main Street, then LaSalle Street, and now Wall Street bring new interest to the Bitcoin market The futures markets have shown that investors want to gain exposure to Bitcoin in a regulated manner without having to store the underlying asset, aka price […]

Caution Civilians, Professional Traders Are ‘Playing’ Bitcoin

Caution Civilians, Professional Traders Are ‘Playing’ Bitcoin

Caution Civilians, Professional Traders Are ‘Playing’ Bitcoin $BTCUSD, $CME, $CBOE Bitcoin faced one of its biggest tests this week, losing almost 20% of its value after the world’s largest  cryptocurrency marked a record high Monday. Friday, the digital currency plunged as much as 30% before paring losses, as this week’s selloff extended to a 4th […]

Goldman ‘Building’ a Cryptocurrency Trading Desk

Goldman ‘Building’ a Cryptocurrency Trading Desk

Goldman ‘Building’ a Cryptocurrency Trading Desk $GS, $BTCUSD Wall Street’s biggest firms are growing more comfortable with cryptocurrencies. Goldman Sachs Group Inc. (NYSE:GS) is setting up a trading desk to make markets in digital currencies such as Bitcoin. Bitcoin is currently trading at: 12,383.8301, -1,437.58, -10.40%, as of 2:03p GMT, the market is open. Friday, 22 December’s […]

Cryptocurrencies Shaping Future of Business

Cryptocurrencies Shaping Future of Business

Cryptocurrencies Shaping Future of Business $BTCUSD, $CBOE, $CME When it comes to cryptocurrencies, their role is not rising, it has risen. Bitcoin 1st launched in Y 2009, and it was followed 4 years later by its primary competition, Ethereum. These 2 competitors are joined by dozens of other cryptocurrencies to create a comprehensive ecosystem that […]

Caution, “I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big”

Caution, “I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big”

Caution, “I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big” $BTCUSD,$USB, $UBSH Over the past year, Bitcoin, a digital cryptocurrency with no physical backing that can be sent electronically from one user to another, has risen in value more than 1,400%. Elliott Prechter, Head of Computer Analysis at Elliott Wave International, recommended Bitcoin to subscribers […]

Bitcoin Word of the Year

Bitcoin Word of the Year

Bitcoin Word of the Year Investopedia, the premier online source of trusted financial content, has released its 2017 Top Financial Terms list. The top ten terms, as measured by search volume and percentage gains, reflect investor interest, key trends and news events over the last 12 months. The list includes terms such as “Bitcoin,” “Blockchain” […]

UAE, Saudi Arabia Working on Digital Currencies

UAE, Saudi Arabia Working on Digital Currencies

UAE, Saudi Arabia Working on Digital Currencies The 2 Gulf nation’s central banks in the have expressed skepticism about digital currencies The United Arab Emirates (UAE) is working with Saudi Arabia’s central bank to issue a digital currency that would be accepted in cross-border transactions between the 2 Gulf countries, UAE central bank governor Mubarak […]

Bitcoin Leads to ‘Revolution’ in Commodity Trading

Bitcoin Leads to ‘Revolution’ in Commodity Trading

 Bitcoin Leads to ‘Revolution’ in Commodity Trading $BTCUSD, $IBM, $UBS The rise of Bitcoin is amazing the world’s financial gurus, and now blockchain, the digital-ledger system is set to do the same in Y 2018 for trading in raw materials commodities, as it is being adapted to streamline physical transactions. Two months ago 4 banks joined […]

EU Seeks to Regulate Bitcoin, as it Tops $19,000.

EU Seeks to Regulate Bitcoin, as it Tops $19,000.

EU Seeks to Regulate Bitcoin, as it Tops $19,000. $BTCUSD, $DB Bitcoin is currently trading at: 19,199.1445, +1,099.16, or +6.07%, at close: 8:31p GMT Friday, EU states and legislators agreed on stricter rules to prevent money laundering and terrorism financing on exchange platforms for Bitcoin and other virtual currencie. The agreement is part of a broader set of […]

Caution Lights Flash as Bitcoin Posts New Record High

Caution Lights Flash as Bitcoin Posts New Record High

Caution Lights Flash as Bitcoin Posts New Record High $BTCUSD, $CBOE, $CME, $DB Friday, Bitcoin marked another all-time high of almost $18,000 on the Bitstamp exchange, up 9% on the day, as caution warnings grew over the risks of investing in the highly volatile and speculative financial instrument. Bitcoin is currently trading at: 17,716.0547, +382.699, or +2.21%, As […]

Goldman Requires 100% Margin on Some Bitcoin Futures Trades

Goldman Requires 100% Margin on Some Bitcoin Futures Trades

Goldman Requires 100% Margin on Some Bitcoin Futures Trades $BTCUSD, $GS, $CBOE, $CME Bitcoin is currently trading at: 17,339.625, +552.73, or +3.29%, as s of 7:39a GMT. Market open. Goldman Sachs Group (NYSE:GS) has demanded some clients set aside funds equal to the full value of their Bitcoin futures trade as a condition for clearing the transaction, aka 100% […]

Red Hot Bitcoin 24/7 Market Exposes Soft ‘Underbelly’

Red Hot Bitcoin 24/7 Market Exposes Soft ‘Underbelly’

Red Hot Bitcoin  24/7 Market Exposes Soft ‘Underbelly’ $BTCUSD ,$CBOE, $CME Bitcoin price: 16,674.0449, -495.961, or -2.89%, as of 5:55a GMT, Market Open. Tuesday, Bitcoin raced to another record high, as 1 of the biggest providers of digital currency wallets, Coinbase, crashed under the weight of traffic, leaving many of its more than 10-M customers unable […]

Bitcoin and Other Crypto’s on the Rise

Bitcoin and Other Crypto’s on the Rise

Bitcoin and Other Crypto’s on the Rise While bitcoin’s 1,700 percent rally seems impressive, there is a cryptocurrency whose value grew much faster this year – litecoin, and the about to be released GBiT is about to do the same thing. On Tuesday, litecoin set another record high of $255, up an astounding 52 percent […]

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 had a Volatile Day

Bitcoin had a Volatile Day

Bitcoin had a Volatile Day The price of bitcoin dropped below $9,000 from an all-time high of about $11,000 before rebounding within hours after numerous exchanges and trading platforms crashed on Wednesday. That was great for BitPropertyFund investors who rode the rise, fall and rise for a record day. They said it would happen #Bitcoin […]

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 […]