ManageGo, a New York company that provides payment and maintenance scheduling services online for landlords and tenants, will enable tenants to make rent payments with bitcoin. According to news from CNBC, ManageGo said the ability to pay via bitcoin will kick off in the early part...
Joseph Stiglitz, the economist who won the Nobel Prize has called on bitcoin, the wildly popular cryptocurrency, to be outlawed. During an interview on Bloomberg television, which was covered by American Banker, the economist said that bitcoin is successful because of a lack of regulation....
Bitcoin may be trading close to $10,000 after starting the year around $1,000, but Federal Reserve Bank of New York President William Dudley isn’t sharing in the giddiness. According to news from Bloomberg, when asked about bitcoin and cryptocurrency on Wednesday (Nov. 29), Dudley gave a...
Tesla’s founder and CEO, Elon Musk, may be a lot of things, but he denies that he is Satoshi Nakamoto, the mysterious creator of bitcoin. What’s more, the outspoken technology executive says he doesn’t even remember where he keeps his digital currency. In a tweet...
Tezos backers who want to get refunds shouldn’t expect to do so, according to news from Reuters, citing Bitcoin Suisse, the Swiss cryptocurrency broker that helped the blockchain startup raise $232 million this past summer. Bitcoin Suisse said it is not aware that any of...
Square, the digital payment company, is getting into bitcoin by reportedly letting some of its customers purchase the cryptocurrency. According to news from Bloomberg, Square is allowing Square Cash mobile app users to make bitcoin purchases. In a statement, Square said it is exploring how the company can...
Prompted by an announcement that CME Group, the world’s largest futures exchange, is launching futures for digital currency in 2017, around 100,000 people signed up at Coinbase a day later. Citing Alistair Milne, co-founder and chief investment officer of the Altana Digital Currency Fund, CNBC...
Goldman Sachs, Morgan Stanley and cryptocurrencies all have something, surprisingly, in common: similar market values. That’s according to news from Reuters, which — citing CoinMarketCap, a website in the industry — reported that all of the cryptocurrencies combined hit a high of around $184 billion in value on Wednesday...
Goldman Sachs said that when it comes to being assessed on the majority of the key characteristics of money, there’s no competition — gold wins out over cryptocurrencies. “Precious metals remain a relevant asset class in modern portfolios, despite their lack of yield,” analysts including...
