Prompted by an announcement that CME Group, the world’s largest futures exchange, is launching futures for digital currency in 2017, around 100,000 people signed up at Coinbase a day later. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Fed Governor Jerome “Jay” Powell, the favorite to be named the next head of the U.S. central bank, already has some strong opinions about bitcoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Goldman Sachs, Morgan Stanley and cryptocurrencies all have something, surprisingly, in common: similar market values. 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 daily newsletter,...
The use of Bitcoin as a form of payment has been banned in Vietnam, ZDNet reports. The country’s state bank ruled that all cryptocurrency, not just Bitcoin, was an invalid form of payment. Get the Full Story Complete the form to unlock this article and...
As of today (Oct. 31), every Bitcoin will be worth approximately$6,125, according to reports from Bloomberg. The value of the digital currency has hit new highs after exceeding the $5,000 and $6,000 price points for the first times earlier this month. Get the Full Story Complete...
Whether it was a bit of prescience – or perhaps a bit of prompting – we had a feeling that we might hear from the ecosystem after Karen Webster’s argument for just saying bye-bye to bitcoin. Get the Full Story Complete the form to unlock this article and...
Goldman Sachs said that when it comes to being assessed on the majority of the key characteristics of money, there’s no competition — gold wins out over cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Hackers are using virus-infected consumer computers to generate bitcoin, according to news from The Wall Street Journal. Unknowing users may be having their processing power commandeered to mine the virtual currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It’s been a big year for cryptocurrency. In particular, bitcoin – the first and best known unregulated, exclusively digital currency – was trading near $6,000 as of late October 2017, with some analysts predicting that in the future, prices will peak somewhere north of $10,000....