Browsing: Bitcoin

In-depth
Why the future is blockchain

The value of one bitcoin recently hit a record high of $3 025, a staggering rise of over 200% in value this year alone. Aswath Damodaran, professor of finance at the New York University, known as

In-depth
No reason to fear bitcoin split

Over the last week, the price of bitcoin crashed from around $2 400 to $1 800 on fears of a so-called hard fork, which is to say the digital currency would effectively split in two due to software upgrades at the end of

World
Bitcoin surges as community embraces SegWit2x

Bitcoin backers celebrated as the community embraced a new mechanism to improve usage and allow it to scale, boosting confidence in the virtual currency and sending prices back near record highs. The community, which

World
Bitcoin rebounds on optimism

Bitcoin has reversed steep losses as miners began using new software which aims to bridge an ideological gap that has threatened to divide the cryptocurrency. Bitcoin’s community has been at bitter

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Bitcoin tumbles $1 000 in one month

Bitcoin has fallen below US$2 000 for the first time since May amid anxiety its dominant status is under threat. As enthusiasts consider adopting competing updates to the blockchain technology

World
Cryptocurrencies hit a serious speed wobble

The cryptocurrency Cassandras are starting to look right. The sector has lost about a third of its market value since peaking in early June, pushing it into what traditional equity market analysts label as a bear market. Bitcoin, the

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Looming split could fracture bitcoin

It’s time for bitcoin traders to batten down the hatches. The notoriously volatile cryptocurrency, whose 160% surge this year has captivated everyone from Wall Street bankers to Chinese grandmothers, could be headed for one of its

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Bitcoin to hit $50 000: prolific stock picker

Ronnie Moas, who for the past 13 years has made more than 900 stock recommendations via his one-man show at Standpoint Research, is now venturing into cryptocurrencies. Bitcoin will double to US$5 000 next year, and reach

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