While the Federal Reserve does not have plans to issue digital currency, it is actively researching the underlying technology, said John Williams, president of the San Francisco Federal Reserve Bank. “Right now, the Federal Reserve is not developing its own digital currency,” Williams said when...
As the value of a single Bitcoin has risen to more than $9,000 per coin, climbing nearly six points in 24 hours, some are worried the cryptocurrency is in a bubble. Google Trends noted the search term “buy bitcoin with credit card” is nearing its historic peak according...
Among the most active stocks in trading Monday (Nov. 27), three out of four were either increasing in value thanks to cryptocurrency or declining because of it. According to a report in Reuters, telecom power supply solutions provider Digital Power Corp. surged in trading after announcing...
At 10.6 million active brokerage accounts as of October, brokerage firm Charles Schwab has fewer users than Coinbase, the largest bitcoin exchange in the U.S., according to a news report from CNBC. According to the Monday (Nov. 27) report, though Charles Schwab’s accounts total is...
A new firm is opening a marketplace for accredited investors to trade equity stakes into blockchain startups. According to a Bloomberg news report, BnkToTheFuture plans to open a market in the second quarter, using a blockchain ledger to keep a record of investments for clients....
If bitcoin is a bubble, it is apparently one that is still inflating. The price of bitcoin made it up above $9,500 on Monday for the first time. That means the price of bitcoin is up 900 percent in 2017 — an acceleration that has...
The value of a single bitcoin has hit $9,143, climbing nearly six points in the past 24 hours. The cryptocurrency currently has a market cap north of $152 billion. At the pace it is moving, TechCrunch believes it is probably a matter of time before...
Its expected that 21 million Bitcoins will have been mined by 2040, but the amount available to spend and trade will be a lot lower, according to recent reports from Fortune. In fact, between 2.78 million and 4 million Bitcoin have disappeared already, implying 17...
Initial coin offerings (ICOs) have sprung up seemingly out of the blue to become the new go-to financing method for up-and-coming startups (often with less than fully sketched out business plans). And a former SEC official has a single question for his former colleagues: Why...
