Markets

Markets

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Crypto Is Here to Stay (Whatever Jamie Dimon Might Say)

The JPMorgan CEO's bitcoin comments? They're a symptom of the very problems bitcoin is trying to solve, according to one venture investor.

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Russian Minister: It's 'Impossible' to Ignore Cryptocurrencies

A minister in Russia's government said this week that cryptocurrencies and blockchain are "impossible to ignore."

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Bitcoin Exchanges Lack Legal Foundation, China Internet Finance Association Says

A self-regulatory body in China focused on online finance has issued a new warning on bitcoin exchange risks.

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Correction Not a Crash: Bitcoin Price Eyes $3,000 as Traders Take Profits

Bitcoin's price may be down, but there's not enough evidence to suggest a crash is ahead, chart analysis projects.

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Herd on the Street? Bank of America Survey Calls Bitcoin 'Most Crowded Trade'

Money has piled into bitcoin, portending an eventual stampede to sell, according to 26% of fund managers surveyed by Bank of America.

herd of cattle

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Bitcoin Drops Below $4,000 as Market Turns Uncertain

Bitcoin prices fell below $4,000 Tuesday, a move that comes at a time when traders are uncertain of whether the asset's first-half gains can continue.

faucet, drip

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Analyst: Cryptocurrency Mining Is Boosting AMD and Nvidia Stock Prices

AMD and Nvidia's work to attract cryptocurrency miners is paying off in the stock market, analyst Jefferies said today.

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Merkado

Jamie Dimon: Bitcoin Is a 'Fraud'

JPMorgan CEO Jamie Dimon renewed his criticism of bitcoin today, declaring that he believes it to be a "fraud".

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Merkado

$75 Million Goal: Kik ICO Kicks Off to Small Scams and Big Demand

An ICO for tokens that will power development of the social messaging service Kik raised millions in just the first few hours of its sale.

kik, messenger

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Bitcoin OTC Service Suspends Trading Citing China Pressure

China-based BitKan has announced it will freeze over-the-counter trading on its cryptocurrency service, citing pressure from local regulators.

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