Bitcoin (BTC) back into recovery mode after Christmas cryptocurrency crash December 26, 2017 The price of bitcoin rose sharply on Boxing Day morning as cryptocurrency bulls reasserted themselves following a week of selling. The price of a bitcoin rose by more than 7.7 per cent from midnight on Christmas day to the time of writing – a period of only nine hours – to almost reach $15,500, before [...]
Kodak shares rise on intention to launch Bitcoin and Ethereum rival cryptocurrency KODAKcoin January 9, 2018 Shares in camera company Kodak jumped more than 40 per cent today after the company announced its intention to launch its own cryptocurrency. KODAKCoin will be a partnership between Kodak and Wenn Digital, with the aim of ensuring photographers get paid for their work. Using a blockchain platform called KODAKOne, the project will keep a [...]
The FCA’s issued a fresh warning on bitcoin, cryptocurrency and binary option scams as fraudsters move online January 28, 2018 The UK's financial regulator is issuing a fresh warning to consumers over bitcoin and other cryptocurrencies that are luring people into scams online. The Financial Conduct Authority (FCA) has said investors are now being targeted by fraudsters on Facebook, Instagram and Twitter, more than they are over the phone, tempting people to put cash into [...]
What is Ripple? The cryptocurrency growing faster than bitcoin explained – and how to buy it January 4, 2018 Ripple has been on a tear over the past few weeks: XRP, the token that powers the blockchain startup’s network, RippleNet, first hit $1 about two weeks ago, and today it climbed to as high as $3.84. While bitcoin, the cryptocurrency king, soared more than 1,200 per cent last year, Ripple rose a whopping 35,000 [...]
Editor’s Notes: Conspiracy theorists will always join the dots they want to see, bitcoin’s energy boom and the LSE row has left everyone weaker December 8, 2017 Before the fortuitous turn of events that took me into journalism, I did a lot of work with think tanks. These organisations come in all shapes and sizes – some are small, scrappy policy shops while others are quite grand, well-funded institutions. What they all tend to have in common is a staff of smart, [...]
Spot the symptoms, stay sane, and run from the bitcoin bubble December 13, 2017 At the time of writing, the price of bitcoin is almost $17,000. In April, it was $1,000, which means that if you had bought then, you would have made more than seventeen times your investment. Not bad. But, if you’d got in a little earlier, say in January 2016, you would have made over forty [...]
Michelle Mone’s luxury flats, which you can buy in bitcoin, have nearly sold out February 1, 2018 An ambitious plan by a high profile entrepreneur couple to put a luxury development in Dubai up for sale in bitcoin has nearly sold out. Baroness Michelle Mone, the woman behind the Ultimo bra brand, and businessman Douglas Barrowman have sold nearly all of the 50 properties it has so far put up for sale [...]
Bitcoin at $50,000? Here’s what analysts say will happen to cryptocurrencies in 2018 January 2, 2018 Bitcoin had a shaky start to the year after a spectacular rise in 2017, so what does 2018 hold for the cryptocurrency? Dennis de Jong, the managing director at UFX, said despite the blip over the Christmas period, there “really isn’t a roof on how high bitcoin can climb in 2018”. “Given the unexpected speed [...]
Bitcoin exchange warns customers of system collapse if prices crash December 10, 2017 A leading bitcoin exchange has warned that customers may be unable to get their money out quickly in the event of a crash in the cryptocurrency’s price. Writing in a blog post last week, Coinbase’s co-founder and chief executive Brian Armstrong, said despite “sizeable and ongoing” increases in the firm’s technical infrastructure and engineering staff, [...]
Who’s vulnerable if the bitcoin bubble bursts? Retail investors hardest hit with banks left unscathed, says S&P February 19, 2018 A total collapse of cryptocurrencies would hit retail investors hardest and leave global banks largely unscathed – for now, at least. The bitcoin bubble bursting would have an “insignificant effect” on global financial stability due to the relatively limited exposure of banks and their so far “cautious approach” to cryptocurrencies. Read more: This startup is [...]