Browsing: Ethereum

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

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

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

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

Don’t get burnt in the bitcoin frenzy

If you have heard of bitcoin and ethereum, you are also likely to be aware that these cryptocurrencies have been reaching record highs. Since the start of the year, the value of a single bitcoin has risen from US$968 to a peak of over

Beware the bitcoin bubble

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

Ethereum gets big corporate backers

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

Schism tears at bitcoin community

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

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