Browsing: Bitcoin

Should central banks embrace cryptocurrencies, or even pioneer their own? In a nutshell, no. Crypto assets are an unusual innovation, still in flux and often poorly understood. Trying to centralise them in a bureaucracy is exactly

The bitcoin bulls are charging. A day after hedge fund manager Mike Novogratz said the cryptocurrency will end the year at $10 000, Fundstrat’s Thomas Lee doubled his price target to $11 500 by the middle of 2018 – a 40% gain

Bitcoin topped $8 000 for the first time, as investors set aside technology concerns that had derailed its advance earlier this month. Bitcoin rose 4.8% to $8 071.05 as of 10.17pm South African time on Sunday. It’s now up more

Bitcoin has picked up right where it left off, hitting another record high to close in on US$8 000 just days after a plunge of as much as 29% tested the confidence of advocates of the cryptocurrency. Bitcoin climbed as much as 1.3% to touch

Bitcoin climbed as much as 10% on Zimbabwe’s Golix exchange on Wednesday after the country’s armed forces seized power. The price of the cryptocurrency in the Southern African nation jumped as high as US$13 499, almost

Bitcoin plunged as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking speculators who had profited from a more than 800% surge this

Bitcoin has soared to a record after a technology upgrade that was threatening to disrupt the biggest cryptocurrency was called off, removing another concern for mainstream investors captivated by this year’s more-than-seven-fold