 | ||||||
| Cryptocurrency | ||||||
| NEWS | ||||||
| Bitcoin plunges as 'sharks' circle in key test of cryptocurrency Bitcoin faced one of its biggest tests this week, losing almost 20 percent of its value after the world's largest cryptocurrency reached a record high Monday. The digital currency plunged as much as 30 percent Friday, before paring losses, as this week's sell-off extended to a fourth day. The weekly decline ...
| ||||||
| Hedge Fund Magnate Mike Novogratz Delays New Cryptocurrency Fund, Cautions on Bitcoin A rampant bear market might result in the staunchest supporters beginning to doubt it. Michael Novogratz, who was planning to launch a $500 mln hedge fund in cryptocurrencies, has delayed his plans and says Bitcoin could drop as low as $8,000 before rebounding.
| ||||||
| The Cryptocurrency Mania Is Sure to End in Tears Unlike a stock, bond, or real estate, a cryptocurrency has no intrinsic value, with no cash flow or future streams of income. The value is simply what the next buyer is willing to pay, otherwise known as the greater fool theory. This isn't investing. It's speculation. Most investors aren't nimble enough to avoid ...
| ||||||
| Cryptocurrency exchanges increasingly targeted by cyberattacks Youbit, a cryptocurrency exchange in South Korea, filed for bankruptcy after losing 17% of its assets in the second cyberattack it has suffered in the last year. In April 2017, Youbit lost nearly 4,000 bitcoins in the first attack -- worth about $5 million at the time of the theft but now valued at tens of millions of ...
| ||||||
| See more results | Edit this alert | ||||||
| You have received this email because you have subscribed to Google Alerts. |
 Receive this alert as RSS feed |
| Send Feedback |
