Tag Archives: bitcoin

Bitcoin looks more like gold than a currency

In the seven months since Bitcoin’s price peaked, it has fallen by about two-thirds. But it’s still almost three times more valuable than it was a year ago: So what does the future hold for the world’s first and still most famous cryptocurrency? I see three basic scenarios: No. 1. Bitcoin Triumph: Bitcoin replaces the dollar (and probably other… Read More »

Bitcoin Price Declines to Lowest Since February

Bitcoin tumbled to its lowest level since February as the meltdown in the world’s largest digital currency accelerated, renewing concern about the long-term viability of the much-hyped alternative to traditional currencies. The price of the digital coin fell as much as 4.6 percent Tuesday to $6,450.01 (roughly Rs. 4.4 lakhs), bringing the slide for the year to more than… Read More »

The A to Z of Bitcoin, Cryptocurrency and ICOs for Small Businesses

Cryptocurrencies such as Bitcoin and Ethereum and Initial Coin Offerings (ICOs) have been a hot topic in finance circles this year. Bitcoin skyrocketed to almost $20,000, causing some businesses to get involved in bitcoin primarily to ride the hype. It then lost 30 percent in one day which led to suspended trading. 16+ million Bitcoins valued at more than $213… Read More »

Even the world’s largest bitcoin exchange couldn’t handle this week’s cryptocurrency boom

For those operating a bitcoin exchange — where people can buy cryptocoins — you’d imagine that the current surge in value for bitcoin and others like Ethereum’s ether coin is a dream come true. The answer is yes and no. Coinbase, the world’s most funded bitcoin exchange, was dragged offline by the massive increase in interest in the space. Users have reported issues… Read More »

Banks, tech companies move on from bitcoin to blockchain

As a debate raged across the internet Monday over whether the mysterious founder of the bitcoin digital currency had finally been identified, executives at a major bitcoin conference in New York had a simple message: we’ve moved on. That’s because bitcoin, the digital currency, has largely been supplanted by blockchain, the technology that underlies it, as the main… Read More »