Bitcoin may have had a wild ride in 2017, but investors should brace for more volatility in 2018 if DataTrek Research co-founder Nick Colas’ forecast proves true. In a research report from Wednesday (Dec. 27) covered by USA Today, the Wall Street analyst wrote that...
Bitcoin’s value plunged at the end of a volatile cryptocurrency trading week, with the price falling under $11,000 for a brief time, currently off 44 percent from a high set on Sunday (Dec. 17). According to news from CNBC, which used data from Coinbase, on Sunday,...
What goes up, must come down. Bitcoin went up — all the way up, making it over the $20K per unit mark. Now bitcoin is coming down, as yesterday saw the world’s best known cryptocurrency plummet 25 percent to less than $13,000. Bitcoin wasn’t alone...
Coinbase, the leading cryptocurrency exchange, said Wednesday (Dec. 20) that it is looking into claims of insider trading. According to a report in Reuters, accusations of insider trading are swirling after a big jump in the price of bitcoin cash, hours before Coinbase’s announcement that...
The bitcoin craze is prompting regular investors to express interest in purchasing the digital tokens with their credit cards at an increasing rate. Bloomberg, citing data from Google Trends, reported that in December, the number of people interested in using credit cards to purchase cryptocurrency...
Add to the growing chorus of those who warn of an imminent bitcoin bubble a few prominent names in tech, the regulatory environment and beyond. In the latest daily roundup are a few observers who have seen a bubble or two inflate and pop. Steve Case, co-founder...
Online retailer eBay, following in the footsteps of Overstock.com, is contemplating allowing bitcoin as a payment method. In an interview with Yahoo Finance, Scott Cutler, SVP of eBay Americas, said the eCommerce retailer is “seriously considering” accepting bitcoin payments but noted the company is “not quite...
Metropolitan Bank Holding Corp., the community bank that went public in November, has seen its stock gain close to 40 percent, and the boost may be the result of a bitcoin debit card. According to a report in Bloomberg, Metropolitan is the issuing bank for...
Joseph Borg, president of the North American Securities Administrators Association warned on Tuesday (Dec. 12) that bitcoin has entered the “mania” phase, with some people taking out mortgages just to purchase the cryptocurrency. In an interview with CNBC, Borg said that bitcoin shares are on...
