Bitcoin is sliding after bitcoin gold goes live

Bitcoin is trading down 4.5% Wednesday following a split in the cryptocurrency’s blockchain network.  Bitcoin gold, the new digital coin formed by the split Tuesday morning, follows the bitcoin-bitcoin cash fork in August.  The project website for bitcoin gold is down following a DDoS attack, according to

Bitcoin market cap to overtake Apple in five years, says Ronnie Moas

On Monday, Saudi billionaire investor Prince Alwaleed bin Talal said the cryptocurrency with no controlling body was an “Enron in the making.” Previously, BlackRock CEO Larry Fink called the cryptocurrency “an index of money laundering,” while JPMorgan Chase CEO Jamie Dimon predicted

Bitcoin market cap tops $128 billion

Institutional investors are avoiding Bitcoin, saying it is the most crowded trade in global markets. On Monday, the crypto-currency experienced a surge in trading volume that boosted it to $7710 a coin ($US6026) and surpassed a market capitalisation of $127.9 billion ($US100

Bitcoin is a lot like Bangladesh when it comes to investing

People climb to board an overcrowded passenger train as they travel home to celebrate Eid al-Fitr festival, which marks the end of the Muslim holy fasting month of Ramadan, at a railway station in Dhaka, Bangladesh. Reuters/Adnan Abidi Bangladesh’s economy is growing

Captains of Finance Dismiss Bitcoin at Their Peril

The financial industry today looks stable and boring, with a few megabanks ever-more entrenched and markets that may not offer the same risks and rewards as before the 2008-2009 financial crisis but which remain highly profitable for incumbents. That stasis, however, masks

Bubble fears over bitcoin’s soaring value

In 2010, Laszlo Hanyecz made the first purchase of physical goods using Bitcoin.  He paid 10,000 bitcoin for two pizzas. Five thousand bitcoin per pizza seemed like a fair deal at the time. Today, the same amount would buy you a Notting