Tag Archives for " Burst "

Bitcoin speculative bubble is bursting and has a long way to fall, economists warn | Technology

Despite losing 40% in a matter of weeks the cryptocurrency still has further to drop according to experts at Capital Economics A Bitcoin Change shop in the Israeli city of Tel Aviv. Photograph: Jack Guez/AFP/Getty ImagesBitcoin has all the hallmarks of a classic speculative bubble and even after almost halving in value in a matter […]

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How trading bitcoin could actually ruin your mental health

“Bitcoin lowkey made me depressed today,” a Twitter user said Wednesday. “At least when the Beanie Baby bubble burst there was a mountain of soft cuddly stuffed animals that could soak up all your tears and muffle the sounds of you weeping,” tweeted a comedy writer, Mishu Hilmy. Other cryptocurrency fans say they are holding […]

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215,000+ Sign Petition Against South Korean Crypto Regulation – Government to Respond

Regulation A national petition against extreme cryptocurrency regulations in South Korea has exceeded 200,000 signatures, the requirement for the government to respond. The petition entitled “Has the government ever dreamed a happy dream for the people?” was filed on December 28. Meanwhile, another related petition calls for the removal of the governor of the country’s […]

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Singapore Won’t Be Part of the State-controlled Crypto Movement

Nikita Blows · January 12, 2018 · 9:00 pm Even though many countries are interested in, and indeed are pursuing, the creation of national state-run virtual currencies, Singapore isn’t one of them. The digital currency revolution is here, and it’s not just reserved for Bitcoin and other decentralized cryptocurrencies. More and more countries are exploring […]

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Shares have gone through the roof: could they possibly go even higher? | Business

Shares are expensive – keep buying them. That appears to be investors’ consensus view. The storming run for stock markets in 2017 seemed almost too good to be trusted, but 2018 has started in similar style. In the US, the Dow Jones industrial average soared past 25,000 last week, almost exactly 12 months after 20,000 […]

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How I fell for the blockchain gold rush | Technology

Bitcoin envy, the ultramodern malaise. News reports are full of this magic internet money’s rocketing value – currently $16,000 – and Facebook is dotted with people who picked some up at $500, $50 or even 50 cents. But the cryptocurrency ship hasn’t yet sailed. In the volatile market of alternative cryptos, relatively unknown alt-coins such […]

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Asian markets push higher, driven by tech and consumer stocks

Asia-Pacific stocks gained early Wednesday, building on a rally for tech and consumer stocks in the U.S.’s first trading day of 2018. In China, the CSI 300 — made up of the biggest companies on both the Shanghai SHCOMP, +0.91%   and Shenzhen 399106, +0.85%  indexes — climbed 1.2%. Overnight, the Nasdaq Composite jumped 1.5%, […]

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Bitcoin, Why You Should Own a Bit

The crisis of 2008, which nearly crippled the financial world, was a loud and clear warning that our financial system had become a house of cards. Its integrity depended on the continued solvency of over-leveraged financial institutions. Disclosure: This is a Sponsored Article At the time, I was working as a Senior Data Architect in […]

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The year in business: bitcoin boom, Brexit countdown and Uber trouble | Business

It will be remembered as the year Theresa May triggered article 50 and began the official countdown to Britain’s departure from the European Union. It was also the year of two budgets, one general election and the first UK interest rate rise in a decade. The year was littered with resignations, gaffes, boardroom bust-ups and […]

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Pineapple Fund: why is an anonymous Bitcoin millionaire giving away $86m? | Technology

What would you do if you had $86m? It’s a welcome dilemma for some of bitcoin’s early adopters thanks to the cryptocurrency’s meteoric rise, from less than $1,000 last year to a peak of almost $20,000 in December. One generous bitcoiner has decided to follow the lead of Bill Gates and establish a philanthropic purse, […]

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