Markets

Markets

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Fintech Firm to Launch Cryptocurrency Exchange in South Korea

South Korea is getting a new cryptocurrency exchange – one backed by an already established fintech firm called Dunamu.

Seoul, S Korea

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Wait and Watch? Bitcoin Prices Hover Near Make or Break Level

The price of bitcoin may be headed toward a fork in the road, if current chart analysis is any indication.

glasses, watch

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Investor Doug Casey: Bitcoin May Be Money, But It Still Might Fail

Investor and anarcho-capitalist Doug Casey recently argued that bitcoin qualifies as money – but he's not sure it'll last in the long term.

DC

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Gravity's Pull? Litecoin Is Down 50% from All-Time Highs and Looking Lower

Litecoin is again trading below $50, just three weeks after setting a new all-time high above $100.

faucet, drip

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Gold Investor John Hathaway: Cryptocurrencies Are 'Garbage'

A notable asset manager who focuses primarily on gold had a harsh word for the cryptocurrency market craze this week: "garbage."

JH2

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Weak Demand? Bitcoin's Price Rebound May Be Starting to Fade

The rebound in bitcoin's price from the recent low of $2,980 has stalled, raising doubts as to whether the rally will continue.

match, out

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Searching for Problems? James Altucher to Bitcoin Critics: You're Dead Wrong

Business blogger James Altucher provides a counter to cryptocurrency being "a solution in search of a problem," one strong enough to make him a bull.

James Altucher, headshot

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Banks Are 'Afraid' of Bitcoin, Says Wealth Advisor

This wealth advisor believes banks are afraid of bitcoin, according to a new interview.

Banker

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OmiseGo's ICO Token Is Tops in Market Cap, But Heavy On the Charts

A notable ICO token appears to be weathering regulatory concerns, bouncing back this week on a relatively positive newsflow and new developments.

weight, dumbell

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Bitcoin's Parimutuel Problem (Or Why Shorting Doesn't Pay Today)

Parimutuel betting pools in the cryptocurrency grant traders short exposure, but there are plenty of limitations to this new type of exchange.

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