If Bitcoin is at $10,000 today it's because the fool who bought it for $10,000 is hoping another greater fool will pay $12,000 for it tomorrow. But what do you get for your money? What's it worth? That's the problem. ...
Bloomberg/Getty ImagesBitcoin futures have been up and running for more than two months on Cboe Global Markets and CME, and already market participants are calling for a big shake-up in the market.Numerous market participants are calling on exchanges to switch from cash settlement to physical settlement.Such a change...
(Recasts story to focus on criminal case, adds further details from court papers) Feb 21 (Reuters) - The operator of a shuttered bitcoin-denominated exchange was arrested on Wednesday on federal charges that he lied to U.S. securities regulators to avoid taking responsibility for the theft...
I have been watching the price of bitcoin since the middle of 2017 when it was really taking off. I have been skeptical the whole time while watching the price appreciate in value. I also realize that the price of bitcoin is not tied to revenue, earnings, and/or...
(Reuters) - The operator of a shuttered bitcoin-denominated exchange was arrested on Wednesday on federal charges that he lied to U.S. securities regulators to avoid taking responsibility for the theft by hackers of virtual currency now worth nearly $70 million. Federal prosecutors in Manhattan announced the charges against...
Bitcoin had its coming-out party in 2017. With all the excitement and opportunities around cryptcurrency, it might be easy to forget about crypto taxation. Almost every bitcoin or other "altcoin" transaction — mining, spending, trading, exchanging, air drops, etc. — will likely be a taxable event for U.S....
Michael Poteat, an engineering student at Old Dominion University in Norfolk, Va., decided to start mining bitcoin four months ago. Using some of his bitcoin holdings, he purchased 20 “mining rigs,” computing boxes that solve complex equations to generate new coins....
Dan Kitwood | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin on October 24, 2017 in London, England. Bitcoin broke through the $11,000 mark over the weekend for the first time...
© Provided by Vox Media, Inc. Photo by Scott Olson/Getty ImagesSouth Korea’s finance regulator said the country would support “normal” cryptocurrency trading.Bitcoin prices are back up to more than $11,600 today after South Korea’s finance regulator said the country would support “normal” cryptocurrency trading....
Bank of England Governor Mark Carney raised concern over extreme volatility in the world's best known digital currency. "It has pretty much failed thus far on ... the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it...