Alfred Kelly, CEO of Visa. In an interview with CNBC, Alfred Kelly, the CEO of credit card giant Visa, revealed that he believes that Bitcoin – the world’s largest cryptocurrency – is not really money and Visa won’t touch it. During the interview, which was recorded at the National Retail …...
On Saturday, Jan. 14, a Twitter account purporting to be that of John McAfee, the outlandish founder of cybersecurity firm McAfee, shared a bit of investment advice. “Coin of the day,” the account tweeted, promoting GVT, a new digital coin that had started trading in the …
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‘But its mere existence is an insurance policy that will remind governments that the last object establishment could control, namely, the currency, is no longer their monopoly. This gives us, the
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Bitcoin could be headed for a big fall, crashing as much as 90% from its current levels, one prominent Wall Street strategist warns. “When something goes parabolic like this has, it typically ends up to where that parabola began . . . I wouldn’t be surprised if over …
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Given today’s blockchain bubble and stratospheric returns of many cyptocurrency ICOs, it is tempting to chase possible sky-high investments. Fear of missing out (FOMO) is real for most entrepreneurs. For many, it’s the late 1990s "dot com" boom all over again. There are scammers and charlatans...
In 2014, Joseph Poon and Thaddeus Dryja were bitcoin-obsessed engineers hanging out at pizza-fueled meetups in San Francisco. Their conversation often turned to the central problem of bitcoin: How to make it more useful? The bitcoin network’s design effectively limits it to handling three to...
Tom Lee, the managing partner and head of research at Fundstrat Global Advisors, sees bitcoin’s recent slump as a buying opportunity. He notes that bitcoin has seen similar patches of wild volatility in recent months and that the 34% decline seen over the past two days was not …
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There have been better days and worse days for Bitcoin, Ethereum, Ripple, Litecoin, and other cryptocurrencies. The better days were back in November and December when a “virtuous” rotation helped spread the rally from Bitcoin to other cryptocurrencies. This means that funds cashed out from one...
Bitcoin Atom, an ambitious Bitcoin fork due to come into existence within the next few days, plans to solve a substantial problem in the cryptocurrency world. The project will use atomic swaps to allow users to exchange tokens at absolutely minimal costs without any intermediaries or centralized...
The first legally compliant digital currency based on a physical asset, OilCoin, was announced last month. Each token will reportedly represent the value of one barrel of oil. A team of banking and technology managers, and US regulatory commissioners who launched the digital currency claim it...
deVere Group, an independent financial services firm is set to launch deVere Crypto in a matter of weeks to allow users to store, transfer and exchange five major cryptocurrencies including Bitcoin and Ethereum. According to deVere Group’s founder and CEO, Nigel Green: “2017 saw the true dawn of...
The largest cryptocurrency bitcoin surged to $20,000 in December. Its rapid growth was due to common folk deciding to invest in the hope of making a quick buck. It was a time for professional investors to sell. “Many people behind bitcoin and cryptocurrencies as a whole understand that the...
Why rising bitcoin prices are not all good news for ransomware writers Video: Why rising bitcoin prices are not all good news for ransomware writers While bitcoin has suddenly found itself in the public eye thanks to its rocketing — and, more recently, plummeting — value, it hasn’t appeared from...
Following an already rough month for bitcoin, three U.S. virtual currency operators have been charged with fraud by the United States Commodity Futures Trading Commission (CFTC). The CFTC alleges that CabbageTech, Entrepreneurs Headquarters Ltd., and one unnamed bitcoin operator have engaged in...
Bitcoin is the entry point for those who are unaware of what cryptocurrency is but just heard of its growth and great earning potential for traders and investors. By the next stage, when a person is already familiar with the concept of cryptocurrency and is ready to open up …
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If that Bitcoin investment company’s claims seem too good to be true, maybe they are. The U.S. government regulator in charge of futures markets, the Commodity Futures Trading Commission (CFTC), announced lawsuits against two different companies involved in bitcoin and other cryptocurrencies...
Thomson Reuters Bitcoin is everywhere. The cryptocurrency is seemingly in the news every day as investors and businesses try to understand the future of this digital finance. But what is Bitcoin all about? Why is it suddenly on every financial news program? And what does it mean to you? Find …...
The Indian government does not like bitcoins, but unlike its Chinese counterpart, it is in no hurry to clamp down heavily on virtual currencies. Once home to the world’s largest community of bitcoin traders, China is now reportedly considering blocking access to local and offshore platforms that...
Bitcoin will likely “totally collapse,” Nobel Prize-winning economist Robert Shiller has told CNBC, adding that it reminds him of “tulip mania” centuries ago in the Netherlands. The Yale University professor said there are “bubbles everywhere,” not just in bitcoin, and added that he “doesn’t...
Regardless of Thursday’s bounce, the recent carnage in digital currencies has tested the resolve of many in the crypto community. But one Wall Street strategist, a longtime bitcoin bull, is not only unfazed by the plunge, he’s gotten …
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