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What will outperform in 2018?

Bitcoin bulls think the cryptocurrency will push higher — with one suggesting it could crack the $60,000 barrier — while bitcoin bears think it will crash and burn. Regardless of which end of the spectrum investors stand on, however, there’s no disputing the phenomenal rise in the digital currency, which rose more than 1,000 percent in 2017. Ahead, bitcoin is ...

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Is Kim Jong Un Responsible For Bitcoin Price Gains?

Is North Korean dictator Kim Jong Un behind bitcoin’s wild price swings? That’s what some observers suggest. Some of the biggest news in the cryptocurrency space is the spectacular recent price spikes of bitcoin and other digital currencies. Bitcoin climbed by about 20 times in value from the beginning of 2017 to its highest point, just shy of $20,000 per coin, toward yearend. Although ...

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Bitcoin fever to burn out in ‘spectacular crash,’ David Stockman warned

First it was the stock market. Now, it’s bitcoin. David Stockman, President Ronald Reagan’s former director of the Office of Management and a relentless Wall Street bear, is warning investors that the cryptocurrency boom will end disastrously. “It’s basically a class of really stupid speculators who have convinced themselves that trees grow to the sky,” he told CNBC’s “Futures Now” ...

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Bitcoin price – live updates: Cryptocurrency value drops steadily after heavy recent slumps – The Independent

The Independent Bitcoin price – live updates: Cryptocurrency value drops steadily after heavy recent slumpsThe IndependentThe value of the digital currency is expected to fluctuate wildly. This article is being regularly updated with the latest changes. Popular videos · Palestinian girl filmed hitting Israeli soldier charged with assault · North Korea to send teams to … Source link

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The Illogical Value Proposition Of Bitcoin – Forbes

Forbes The Illogical Value Proposition Of BitcoinForbesThe word “Bitcoin” refers to two different things: a digital collectible, and a piece of technology. The collectible has a market price and individual owners, and in this way it is similar to physical collectibles such as gold, baseball cards, or oil … Source link

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Bitcoin Futures Fail To Live Up To The Hype – Forbes

Forbes Bitcoin Futures Fail To Live Up To The HypeForbesThat contract has been trading for 3 weeks and the CME’s contract has now been trading for 2 weeks and I think my initial grade may have been generous. Open interest in the two contracts is really disappointing to me. The January CBOE contract has open … and more » Source link

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Bitcoin Starts a New Year by Tumbling, First Time Since 2015

Bitcoin is already having a bad year. For the first time since 2015, the cryptocurrency began a new year by tumbling, extending its slide from a record $19,511 reached on Dec. 18. The virtual coin traded at $13,150 as of 12:58 p.m. in New York, down 8.1 percent from Friday, according to data compiled by Bloomberg. That’s also a fall ...

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