Browsing: MtGox

Bitcoin surges to near-record high

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

Has Bitcoin run its course?

Bitcoin was dubbed the worst investment of 2014. As predicted, however, 2015 has seen the continued fall in value of the currency that was supposed to fuel the digital age. In the last 10 days alone, it has

Crypto-currencies here to stay

No one is really sure who created it. Financial regulators, including our own Reserve Bank, do not like it. But its proponents believe it could revolutionise international monetary and payment systems, in the same way the Internet changed how the world communicates. It is Bitcoin, the virtual or crypto-currency that has gripped the imaginations of technophiles and