Bitcoin plunged briefly below $11,000 on Friday, down 47 percent from a record high at the start of the week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Despite the current bitcoin boom, the nation’s new Comptroller of the Currency doesn’t believe the cryptocurrency poses a threat to the country’s banking system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amid rising interest and investment in digital currencies like bitcoin, some countries are issuing new warnings about the volatility involved in cryptocurrency trade. In today’s bitcoin roundup, regulatory bodies in the U.S. have suspended a bitcoin-focused company following questionable business practices, Singapore is advising “extreme...
Bitcoin’s value isn’t the only thing topping the charts: New data by BitInfoCharts shows that people are currently paying $28 on average to make transactions using the digital currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Youbit, which operated as a cryptocurrency exchange in South Korea, announced news on Tuesday that it would file for bankruptcy following a hack that stole 17 percent of the company’s crypto “assets.” Get the Full Story Complete the form to unlock this article and enjoy...
One of the hottest cryptocurrency investments of 2017, a startup called block.one, has raised $700 million selling a digital token that has “no purpose.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Bitcoin futures were down on the CME’s new exchange according to reports in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
CME Group, the world’s largest derivatives exchange operator, has launched its own contract to wager on bitcoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Not everyone is convinced that bitcoin isn’t a giant bubble ready to burst. Its surging value has created a sort of mania in the market, according to North American Securities Administrators Association president Joseph Borg, who recently told reporters he’s seen people taking out mortgages in...