Goldman Sachs CEO Lloyd Blankfein Latest Exec to Flirt with Bitcoin Lloyd Blankfein, CEO of Goldman Sachs, cozies up to bitcoin, albeit hesitantly. He’s following a global corporate trend. As its price rises, and bitcoin’s resiliency to regulation rumors and clampdown steady, it’s not hard to imagine more converts on the way. Consigliere to … Continue reading Goldman Sachs CEO Lloyd Blankfein Latest Exec to Flirt with Bitcoin
Analysis of Bitcoin, Ethereum, and Litecoin * All the market data is provided by the HitBTC exchange. The cryptocurrency universe is showing nervousness at the current levels, having recovered anywhere between 50% to 78% of the fall. After having sucked in the eager bulls at lower levels, is a retest of the lows on … Continue reading Analysis of Bitcoin, Ethereum, and Litecoin
Bitcoin: $6,000 and Beyond? Bitcoin will quickly rise to $6,000 and you’re all foolish for thinking otherwise. At least, that’s what industry experts are saying. Of course, they added one important caveat: expect volatility to continue. Bullish on Bitcoin The cryptocurrency community has fallen on hard times as of late, but that hasn’t stopped the … Continue reading Bitcoin: $6,000 and Beyond?
IMF Head – Cryptocurrency Could Be the Future. Really. Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are a new class of digital assets powered … Continue reading IMF Head – Cryptocurrency Could Be the Future. Really.
Chinese money dominates bitcoin, now its companies are gunning for blockchain tech Beijing, China It’s a sweltering summer night when I’m invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I’ve just returned from visiting one of the world’s largest bitcoin mines and find myself at a gathering … Continue reading Chinese money dominates bitcoin, now its companies are gunning for blockchain tech
Will bitcoin ever be a safe investment or always a gamble? The boss of JP Morgan was unequivocal about bitcoin at a recent conference in New York: the digital currency was only fit for drug dealers and would eventually blow up. “[It] isn’t going to work,” said Jamie Dimon. “You can’t have a business where … Continue reading Will bitcoin ever be a safe investment or always a gamble
Why Bitcoin and Ethereum will soon be everywhere Bitcoin, Ethereum and blockchain technologies are all the rage. Initial coin offerings (ICOs) are raking in millions in mere minutes, and every day a new initiative is announced with ever-increasing hype. With all of this going on, you’d expect cryptocurrencies to be mainstream fare, right? Unfortunately, they’re … Continue reading Why Bitcoin and Ethereum will soon be everywhere
Young investors make thousands from bitcoin but experts warn amateurs could lose everything Anyone seeking the hottest investments will have been watching developments in cryptocurrency with a discerning eye. Bitcoin, the king of the breed, has soared in value since launching in 2010. Thirty dollars’ worth of bitcoin bought at launch would have made you … Continue reading Young investors make thousands from bitcoin but experts warn amateurs could lose everything
Early bitcoin investor Palihapitiya declares 'nobody can stop it' Social Capital's Chamath Palihapitiya was early in both Facebook and bitcoin and continues to back both. "The idea that the government can put curbs on this is actually pretty specious," he said in response to JPMorgan Chase CEO Jamie Dimon's criticism of bitcoin. Investors who followed … Continue reading Early bitcoin investor Palihapitiya declares ‘nobody can stop it’
Bitcoin's price is spiking by 7 percent as traders shake off China fears The price of bitcoin is up nearly 300 percent year to date. Bitcoin is still under the $4,000 level, which it broke through after JPMorgan CEO Jamie Dimon said on Sept. 12 that the cryptocurrency is a "fraud" that will eventually blow … Continue reading Bitcoin’s price is spiking by 7 percent as traders shake off China fears