How Long Will It Be Until Bitcoin Replaces Cold Hard Cash? Bitcoin is back in the news in a big way. The world’s largest cryptocurrency neared $10,000 last week, meeting strong 200-day moving average resistance of around $9,800. Also last week, the 17 millionth bitcoin was mined. Remember, the crypto...
How to value cryptocurrencies—in theory, anyway
How to value cryptocurrencies—in theory, anyway Buy, sell, or hold? Those are the eternal questions confronting traders, and they are particularly urgent in volatile crypto markets.There are a number of ways that analysts are trying to apply something resembling financial analysis to these newfangled digital assets, in hopes of arriving...
Announcing Bitcoin Origin: An Innovative New Approach To Blockchain Technology
Announcing Bitcoin Origin: An Innovative New Approach To Blockchain Technology For all the benefits of cryptocurrencies and blockchain technology, they have an outsized impact on the environment. The Bitcoin Origin Project seeks to drive this impact down while reinforcing transparency and profitability for blockchain investments. As a multi-fork that focuses...
Wall Street to follow Goldman Sachs on bitcoin, blockchain venture capitalist says
"Wall Street to follow Goldman Sachs on bitcoin", blockchain venture capitalist says Spencer Bogart, a blockchain venture capitalist, says the cryptocurrency market is too large to ignore. He says other banks will follow Goldman Sachs move to open a bitcoin trading operation. Goldman Sachs is moving ahead with plans to...
Goldman Sachs to Open a Bitcoin Trading Operation
Goldman Sachs will begin using its own money to trade with clients in a variety of contracts linked to the price of Bitcoin SAN FRANCISCO — Most big banks have tried to stay far away from the scandal-tainted virtual currency Bitcoin.But Goldman Sachs, perhaps the most storied name in finance,...