Cryptocurrency bitcoin has had a whirlwind couple of months. It finished trading on Wednesday (Dec. 13) at a value of $16,835 per bitcoin, but agencies around the world are concerned the virtual currency represents something potentially dangerous: a bubble that could pop at any minute....
It’s no secret that cryptocurrency has been in the news, and it’s already been a particularly newsworthy week for bitcoin and its counterparts. Interest keeps surging as bitcoin futures finally meet the market. Digital currency platforms experienced shutdowns amid record transaction numbers for Ethereum, and...
Newly launched bitcoin futures suggest that traders expect the cryptocurrency price gains to slow in the coming months – just as the Financial Services Commission of Korea has banned securities firms from intermediating bitcoin futures transactions. Get the Full Story Complete the form to unlock...
As part of a new set of rules for FinTech companies, Indonesia’s central bank is preventing them from using cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
CME Group and Cboe Global Markets got the green light from regulators to list their bitcoin futures, bringing more legitimacy to cryptocurrency, which has been surging in value all year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
What do you get when a group of esteemed observers and participants in the financial system — among them Nobel laureates and billionaires and not a few government officials — chime in, as one, about the lures and lunacy of unchecked speculation? Get the Full Story Complete...
Bitcoin dropped to as low as $9,000 in volatile trade yesterday, losing more than a fifth of its value since hitting an all-time high of $11,395 on Wednesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As bitcoin hit a record high for the sixth day in a row – moving past $11,000 and gaining more than $1,000 in just 12 hours – some are concerned the cryptocurrency is in a bubble that will soon burst. Get the Full Story Complete...
While the Federal Reserve does not have plans to issue digital currency, it is actively researching the underlying technology, said John Williams, president of the San Francisco Federal Reserve Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
