Browsing: Ethereum

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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

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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

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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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Bitcoin, ether lead cryptocurrency slide

Bitcoin declined as much as 17% on Monday, while smaller competitor ether continued to slide after experiencing a “flash crash” last week, raising concern about mainstream acceptance of the digital currencies. Bitcoin slumped to as low