Bitcoin has extended gains to a record, ignoring a split in the cryptocurrency over its future. The digital exchange rate jumped as much as 16% from Friday to an unprecedented US$3 292.41, even after bitcoin’s division last week
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Crypto money is going to change the world fundamentally. That’s the word from Russell Lamberti, an economist and the head of ETM Macro Advisers, who believes the stage is set for a showdown between
The community supporting bitcoin has long tried to avoid a so-called “hard fork” splitting the currency in two. On Tuesday, it happened anyhow. The idea behind the change is to speed up transactions
Bitcoin might be dividing into two separate blockchains, but its downward slide has so far been contained, signalling confidence the biggest cryptocurrency will come out of the split unscathed. The debate
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
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
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
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
Investors pouring millions into start-ups with nothing more than a white paper and entrepreneurs issuing dispensable digital coins to cash in on the hype are fanning a blockchain assets
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