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  • News

    Bitcoin Price Rally Has Been ‘Amazing’ Says Nuveen’s Bob Doll

    Bitcoin’s price “feels speculative,” according to the chief equity strategist for Nuveen Asset Management. Speaking with CNBC today, Nuveen’s Bob Doll made the remark, becoming the latest traditional finance analyst to point to the speculation in the market. Doll’s comments were driven by bitcoin’s surge to a new all-time high, following its jump above $9,000 this […]

    Bitcoin Price Tops $10,000 on Korean Exchanges

    The price of bitcoin is trading above $10,000 at several South Korea-based bitcoin exchanges, market data reveals. On Bithumb – the region’s largest exchange by trade volume – bitcoin is trading at roughly $10,052. On exchanges Coinone and Korbit, the cryptocurrency is trading at around 10,979,500 KRW ($10,108) and 10,960,500 KRW ($10,047), respectively.   ADVERTISEMENT […]

    Swiss Central Banker: Bitcoin ‘More Investment Than Currency’

    The chairman of the Swiss National Bank (SNB) spoke out on cryptocurrencies yesterday. Speaking at an event in Basel, Thomas Jordan, who also chairs the international Central Bank Counterfeit Deterrence Group, said that central banks are eyeing the issues of cryptocurrencies “very intensively,” adding, “I would look at them more as an investment than a currency.” According to […]

    Bitcoin’s Price Climbs Above $8,000 to Hit New High

    Bitcoin’s price rose above $8,100 for the first time on Sunday. Data from CoinDesk’s Bitcoin Price Index (BPI) indicates that the price climbed to $8,101.91 between 20:00 and 20:15 UTC. This move came after bitcoin – which toed the $8,000 line during Friday trading – crossed that threshold several hours earlier. That the price of […]

    CBOE President: Bitcoin ETFs Will Follow Futures Products

    The Chicago Board Options Exchange (CBOE) is expressing new confidence in bitcoin’s future. In an earnings conference call this week, Chris Concannon, president of the derivatives exchange operator, stated that he sees exchange-traded funds (ETFs) based on the cryptocurrency coming to markets. Concanno went so far as to refer to bitcoin as a new asset class, saying he […]

    Ethereum Developers Optimistic Ahead of Byzantium Blockchain Fork

    Ethereum’s core developers assembled yesterday for a final scheduled meeting before the blockchain network, the world’s second-largest by total value, undergoes its next upgrade, expected on October 16. Held via Google Hangouts at 14:00 UTC, the discussion centered on ensuring all ethereum clients upgrade their software in unison so as to avoid any unintended splits. […]

    Singapore’s Central Bank Plans to Regulate Bitcoin Payments

    The minister for the Monetary Authority of Singapore (MAS), the nation’s central banking authority, has said the institution is working to create a regulatory framework for bitcoin payments. In response to a question on the matter from an MP, Tharman Shanmugaratnam – who is also deputy prime minister of Singapore – confirmed that while the […]

    Forecaster Gerald Celente: Banks Are Afraid of Bitcoin

    Trend forecaster and commentator Gerald Celente said in a new interview that he believes that banks are “afraid” of bitcoin. Speaking with TheStreet, Celente, who is the publisher of Trends Journal, argued that banks are fearful that bitcoin and cryptocurrencies will “take away their business,” going so far as to argue they’re “trying to kill […]

    $4,000: Bitcoin’s Price Shrugs Off China Exchange News

    Bitcoin’s price has bounced back above $4,000 following market losses linked to the recent regulatory crackdown in China. After China’s early September ban on initial coin offerings (ICOS), news on September 15 that bitcoin exchanges were shutting down following directives from government officials sparked a market drop that sent prices reeling to a low of […]

    Bitcoin Prices Bounce Back Above $4,400

    Bitcoin prices have once more climbed past $4,400 following days of generally sideways movement within the $4,100–$4,200 range. Starting to pick up from around 22:00 UTC yesterday, prices across global exchanges opened the session at $4,362, and had reached a high of $4,420. Prices were again at that level at press time, a rise of 1.33 percent, according to the CoinDesk Bitcoin […]



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