The world’s largest and most popular cryptocurrency is still a far cry from stepping into the role of real money, according to global investment bank UBS.
Bitcoin is a cryptocurrency first described in a 2008 paper by pseudonymous developer Satoshi Nakamoto, who called it a peer-to-peer, electronic cash system. (wikipedia) Through 2013 it has seen huge gains punctuated by high volatility.
Bitcoin fell sharply after the U.S. Securities and Exchange Commission denied an application for what would have been the first-ever bitcoin ETF but later recovered above $8,200.
Bitcoin continued its rally Monday, shrugging off regulatory and security worries that have dragged down cryptocurrency prices this year.
Bitcoin has had a rough 2018. The bitcoin faithful remains excited about bitcoin, and some experts see the digital currency surpassing its record highs from the end of 2017.
Bitcoin is still the best bet for digital currency investors, says Wall Street crypto trader Bart Smith.
Hundreds of coins created through initial coin offerings (ICO) have become worthless.
Bitcoin has tumbled below $6,000. But the co-founder of a bitcoin exchange says the digital currency will pass the $50,000 mark by year's end.
The head of the Prudential Regulatory Authority (PRA) Sam Woods wrote to chief executive officers (CEOs) of financial institutions today to warn of the risks of cryptocurrencies.
Bitcoin falls below the $6,000 mark. But crypto trader Brian Kelly says the large cap crypto is "not dead."
Cryptocurrencies like bitcoin and ethereum are a “poor substitute” for state-backed currencies and would break the internet if used in their current form at a national scale, according to a report published today by a powerful central banking body.
More than 10 percent of $3.7 billion raised in coin sales known as initial coin offerings has been lost or stolen, accounting giant Ernst & Young says.
Facebook is considering the introduction of a virtual “tip jar”, so users can tip small amounts of money to the pages and people they like most.
Bank of America is trying to steal a march on the latest developments in the technology behind digital currency bitcoin by loading up on blockchain-related patents.
SEC Chairman Jay Clayton says he wants to see better market surveillance and custody for cryptocurrency before being "comfortable" with a bitcoin exchange-traded fund.
Bitcoin began its slide below $6,000 last week after months of stability and is now down 25 percent in seven days.
"You really won't find [the floor] until you kind of hit the 3K-flat level," Genesis Trading & Genesis Capital Trading chief Michael Moro tells CNBC.