Bitcoin is gold for millennials. Or maybe it’s that generation’s fine wine and collectible art. Or just a bubble waiting to burst. For foreign-exchange analysts trying to use traditional methods to value
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Bitcoin’s astronomical rally has cryptocurrency bulls feeling vindicated. Not so fast, sceptics say. The digital currency’s more than 100% surge in the past two months looks eerily familiar, argue the bears
Ever since the dot-com and housing bubbles popped in 2000 and 2008, spotting bubbles has become an obsession. Investors have spotted bubbles in bonds, credit, equities, gold – you name it – over the last several years
An effort to transform how businesses work by using blockchain technology added new members from multiple industries as Toyota, Merck, State Street and other companies joined industry group the Enterprise Ethereum Alliance
With a 94% year-to-date gain, and a single “coin” now worth US$1 843, bitcoin has been on a helluva run lately. The increase in the cost of the massively volatile electronic tokens has led to many
A controversial plan to fix bitcoin’s network congestion suffered a setback after attackers used a newly discovered bug to crash the software. Bitcoin Unlimited, which had been attracting support from the digital currency’s biggest miners, was
You may not know it by looking at bitcoin’s recent price surge, but the infrastructure underpinning the world’s most popular virtual currency is teetering. While speculators continue to push the value of the digital money to record
Bitcoin is showing signs of becoming a serious asset class. Last week’s price swings hardly back up that assertion. The cryptocurrency dropped 7,8% on Thursday after news that the People’s Bank of China threatened to shut exchanges
Bitcoin prices plunged as much as 23% from Wednesday’s all-time high, according to Bloomberg data, as some traders took gains and investors celebrated a rally in the yuan. Bitcoin fell to as low as US$888,99 on Thursday
Bitcoin headed for its biggest weekly jump since June as rising geopolitical risks boosted demand for alternative assets. The cryptocurrency surged 15% this week to US$900,40 as of 2.38pm in Hong Kong, taking its gain this year