What’s less eco-friendly – mining coal or mining bitcoins? November 22, 2017 Say what you like about bitcoin it is rarely dull. Not only – in the space of just eight days – has the value of a single bitcoin seen its ‘value’ fall more than 20% from $7,549 to $5,857 and then bounce almost all the way back up again to $7,499 (at least at the [...]
Coinbase keen to create cryptocurrency ETF September 7, 2018 It was reported that Coinbase are in talks with the asset manager Blackrock to establish a cryptocurrency exchange traded fund (ETF). Cryptocurrencies have been in the news a lot over the past 12 months, and many retail investors are keen to invest in these products. Given that they are non-traditional investments, more credibility is added [...]
Bitcoin futures contracts to launch this month as US regulators give the green light December 1, 2017 CME Group, the world’s biggest exchange owner, and Cboe Global Markets are set to become the first US-regulated exchanges to launch bitcoin futures contracts after they got the all-clear from the US derivatives regulator. The Commodity Futures Trading Commission (CFTC) held “extensive” discussions with the exchanges, and CME and Cboe agreed to put “significant enhancements” [...]
Bitcoin futures price (XBT) soars above $18,000 on Cboe market debut December 11, 2017 Bitcoin’s futures market debut went off with a bang late last night with the cryptocurrency surging more than 20 per cent and crashing the exchange’s website. Chicago’s Cboe Global Markets’ website went down twice due to heavy traffic as the price of the January bitcoin contract rose from an opening price of around $15,000 to [...]
A call for national public infrastructure December 4, 2018 As we look back over the roller-coaster ride that was the last year, high points include the dawning of BitCoin in America (and so the world’s) consciousness: Tips were exchanged over Thanksgiving dinners across that nation… “You’ve not got BitCoin yet?.. I just got some. Its going up like nothing I’ve ever seen… but young [...]
Forget bitcoin and dogecoin, there’s joke cryptocurrency based on Theresa May, Donald Trump, Vladimir Putin and Emmanuel Macron January 16, 2018 Bitcoin might be on a downward turn (for now at least), but Theresa May coin is on the up. Yes, the Prime Minister has been minted into the cryptocurrency world in another example of the craze. Who wouldn’t approve of going to all that effort just for a pun about being strong and stable? Read [...]
Bitcoin price (BTCUSD) breaks key $10,000 mark on some exchanges November 28, 2017 Bitcoin prices briefly climbed above $10,000 on some exchanges for the first time ever late last night. While some South Korea-based exchanges briefly rose to record highs, most of the world’s bitcoin exchanges have yet to break the psychologically important $10,000 mark. According to Coindesk’s aggregate index, the cryptocurrency rose as high as $9,929 today, [...]
Nvidia slashes its fourth quarter guidance, sending its shares into a downward spiral January 28, 2019 Chipmaker Nvidia has cut its fourth quarter revenue estimate by $500m (£379.7m) after its performance in China slowed, causing its share price to spiral down more than 18 per cent. Chief executive Jensen Huang said the firm had suffered an "extraordinarily, unusually turbulent and disappointing quarter", as Nvidia forecasted revenue of $2.2bn for the quarter ending in [...]
Markets wrap: FTSE 100 falls as bond yields jump, sterling falls agains the US dollar (GBPUSD) and bitcoin (BTC) swings February 2, 2018 The FTSE 100 today fell to its worst weekly performance since the summer in spite of the weaker pound – usually a boon to big multinationals with big dollar earnings. London’s blue-chip index lost more than 0.6 per cent to reach 7,443.43 points, its lowest close since 14 December to cap a week in which [...]
Bitcoin price (BTC) smashes through $12,000 to reach a new record high December 6, 2017 Cryptocurrency bitcoin smashed through the $12,000 mark early this morning amid fears of a bubble among analysts. Bitcoin, which has risen more than 1,000 per cent this year, was up 6.12 per cent at $12,411.71 at the time of writing, according to Coindesk’s aggregate index. Naeem Aslam, chief market analyst at Think Markets said bitcoin’s [...]