The founder of Ethereum has sent out a warning via Twitter, saying he believes cryptocurrency is heading in the wrong direction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The latest in a growing chorus of regulators all over the world, India’s finance minister has joined the list this week in decrying bitcoin trading (and other associated cryptocurrencies), claiming that it is, at base, the same as buying into a Ponzi Scheme. Get the...
San Francisco-based startup Ripple rose 20 percent Wednesday (Dec. 27) to an all-time high after news that Tokyo-based financial services company SBI Holdings and its subsidiary SBI Ripple Asia have established a “consortium” with some Japanese credit card companies to utilize blockchain technology. Get the...
Bitcoin has found another naysayer. This time, Massachusetts’ top securities regulator has issued a warning on the digital currency, calling it “entirely speculation.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Bitcoin may have had a wild ride in 2017, but investors should brace for more volatility in 2018 if DataTrek Research co-founder Nick Colas’ forecast proves true. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The bouncing ball that is the price of bitcoin took a downward turn this week as South Korean regulators are eying options that would shutdown many of the nation’s very active cryptocurrency exchanges. South Korean interest has been among the engines driving the price of...
After suffering from a steep sell-off in trading late last week, cryptocurrency bitcoin was able to recoup some of its losses, trading above $16,100 on Tuesday (Dec. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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....
Bitcoin’s value plunged at the end of a volatile cryptocurrency trading week, with the price falling under $11,000 for a brief time, currently off 44 percent from a high set on Sunday (Dec. 17). Get the Full Story Complete the form to unlock this article...