The bitcoin market has taken a 25 percent tumble over the last few days after briefly touching an all-time high price of $7,900 per unit of bitcoin. A missed software upgrade, uncertainty over the launch of bitcoin futures and concerns about an asset bubble were...
Add Goldman Sachs CEO Lloyd Blankfein to the list of people who aren’t fans of 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 daily...
Blockchain projects may be getting a lot of hype, but new research from Deloitte reveals that the majority of those projects are abandoned within months of launching. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The market for Nvidia chips — mostly valued among those who mine digital currencies like bitcoin or ethereum — seems to be in a bit of a down cycle these days. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The president and COO of Cboe Global Markets, Chris Concannon, said the major futures exchanges are behind cryptocurrency, and that the company will move forward with launching exchange-traded funds focused on digital currency. Get the Full Story Complete the form to unlock this article and...
Despite a recent $600 drop in bitcoin, Goldman Sachs believes that the digital currency will hit new records, according to news from CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
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...
Despite a heavy round of hype — for most financial services CIOs, the blockchain is not all that big or pressing a priority, according to Gartner’s latest survey of industry IT leaders. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Looks like the Securities and Exchange Commission (SEC) has had enough of the sudden run of celebrity-backed independent coin offerings, or ICOs. As of yesterday, it began officially warning them that by endorsing these currencies, they could be in violation of the law. Get the...
