One of Asia’s largest banks is of the opinion that bitcoin is currently a financial scam. “We …
Bitcoin
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Financial Institutions
Bitcoin plunges after upgrade is called off, but offshoot ‘bitcoin cash’ surges over 40%
by Yomna Yasserby Yomna YasserBitcoin fell Friday to its lowest since November 1 as traders bet on its offshoot, bitcoin cash, …
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Financial Institutions
Goldman Sachs predicts bitcoin can run past $7,900
by Yomna Yasserby Yomna YasserGoldman Sachs expects bitcoin will hit new records, despite a roughly $600 drop in the digital currency …
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Financial Institutions
Bitcoin blasts to new all-time high of $6,450
by Yomna Yasserby Yomna YasserBitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could …
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Financial Institutions
Bitcoin surges to record above $6,400 after CME announces launch of futures for digital currency
by Yomna Yasserby Yomna YasserCME announced Tuesday it plans to launch bitcoin futures in the fourth quarter, pending regulatory review. Bitcoin …
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Financial Institutions
We’ve seen an 82 percent jump in bitcoin-related jobs, says employment website CEO
by Yomna Yasserby Yomna YasserBitcoin-related jobs are the fastest growing category of role on international employment marketplace Freelancer, the company said …
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Financial Institutions
How to buy Bitcoin in seconds from your smartphone
by Yomna Yasserby Yomna YasserYou’ve seen all the headlines about bitcoin and other cryptocurrencies rising in value. Maybe you want to …
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Banks
Saudi Prince Alwaleed says bitcoin will implode: ‘Enron in the making’
by Yomna Yasserby Yomna YasserSaudi billionaire investor Prince Alwaleed bin Talal said on Monday that bitcoin would “implode” one day. “It …
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Banks
Russia’s interest in bitcoin is overestimated: VTB International chief
by Yomna Yasserby Yomna YasserRussia’s appetite for bitcoin has been overblown by the media, the head of Russian bank VTB International …
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Financial Institutions
Bitcoin smashes through $6,100 to hit a new record high
by Yomna Yasserby Yomna YasserBitcoin set a new record high on Saturday breaking through the $6,100 barrier. The cryptocurrency hit an …