Partly cloudy. Mild.
Simon Brown explains why it is important to always have cash in your investment portfolio. In so doing, investors will avoid having to sell assets to generate cash in an emergency.
He stole $10 million-worth (about R155 million) of "currency stored value," like online gift cards, and resold them online in exchange for bitcoin, a court ruled.
"The way they rolled it out ... it was just so in your face," R3's CEO David Rutter said at a recent conference.
A hackers' congress has hailed the new cryptocurrencies as a tool to break free from the constraints of modern life and move towards a freer "parallel society".
Mark Zuckerberg’s cryptocurrency project, Libra, has become the regulatory equivalent of a pinata: Everyone is lining up to hit it with a stick. And it's not hard to see why, says Lionel Laurent.
"Bitcoin is harder to manipulate the circulating supply and that's why some people think its a safe haven."
In 2018, trader Petri shared his expectations for bitcoin’s price movement. He now looks back at his thesis, explaining why we have seen greater fluctuations than predicted.
Bitcoin slumped in another large weekend move after US President Donald Trump’s criticism of cryptocurrencies late last week put the focus back on this year’s jump in prices.
"Really almost no one uses bitcoin for payments, they use it as an alternative to gold," Powell said.
Bitcoin breached $10 000 for the first time in about 15 months, recouping more than half of the parabolic increase that introduced mainstream investors to the digital asset before the bursting of the cryptocurrency bubble.
"Investors are clearly not looking at Bitcoin as a safe haven asset," said Matthew Dibb, co-founder of the institutional-grade platform Stack.
The digital coin hit a five-month high as Wuhan coronavirus fears and the upcoming "halving" also boosted demand.
The recent bust of a worldwide international paedophile ring using Bitcoin payments highlighted one of the key fears surrounding crypto-currencies -- their use by criminals.
A hacker has taken over the computer system of a Spanish city and is demanding a ransom paid in bitcoin to unlock it, say local officials.
After Trump announced delays on some tariffs until December, there was a 123% increase in people trading bitcoin.
In a packet of slides sent to clients yesterday, Goldman Sachs Group technical analyst Sheba Jafari said that Bitcoin could go up by 23% in the short term, and that later the coin could go even higher. That doesn’t mean the bank is bullish on Bitcoin, though.
Bitcoin plunged 16% after Sherrod Brown joined Donald Trump, Steven Mnuchin, Jerome Powell, and others in attacking Facebook's planned cryptocurrency.
When Donald Trump’s former adviser, Steve Bannon, praised Bitcoin last year as “disruptive populism” and revealed he was working on his own cryptocurrency, it was evidence of something many people had long suspected.
A cryptocurrency investor's home in Ladysmith has been looted and set alight, allegedly by angry investors demanding payment.
Naspers-backed cryptocurrency platform Luno is planning to increase its workforce by almost 60% to expand its South African headquarters as Bitcoin once again breaches $10 000.
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