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....
Online retailer eBay, following in the footsteps of Overstock.com, is contemplating allowing bitcoin as a payment method. 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...
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...
Metropolitan Bank Holding Corp., the community bank that went public in November, has seen its stock gain close to 40 percent, and the boost may be the result of a bitcoin debit card. Get the Full Story Complete the form to unlock this article and...
Joseph Borg, president of the North American Securities Administrators Association warned on Tuesday (Dec. 12) that bitcoin has entered the “mania” phase, with some people taking out mortgages just to purchase the cryptocurrency. Get the Full Story Complete the form to unlock this article 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...
The U.S. Securities and Exchange Commission announced Monday (Dec. 11) that Munchee, the California food review service, has halted its initial coin offering after being contacted by the government agency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Cameron Winklevoss, one of the twins who reportedly became the first billionaire bitcoin investors, is predicting that the widely popular and ever-volatile cryptocurrency will move even higher. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Peter Schiff, CEO of Euro Pacific Capital, and a long-time market forecaster, said that when it comes to bitcoin, investors can’t see any wrong in the cryptocurrency, and predicted its value will ultimately be erased. Get the Full Story Complete the form to unlock this...
