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Special Report: Ex-banker cheerleads his way to cryptocurrency riches HONG KONG/NEW YORK/LONDON (Reuters) - Seventeen months ago, a former Wall Street investment banker who specialized in distressed assets took to Twitter to announce he had bought a cryptocurrency for 50 cents per coin. "At $0.50, risk/return felt right," tweeted Barry Silbert, founder and chief ...
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CryptoCurrency Markets Keep Know-It-Alls Humble After years of neglect, the financial news has started to report routinely on Bitcoin prices, and even mention some alternative cryptoassets. It's about time. But the timing of broadcasts doesn't always work out well. For example, I listened to the financial podcasts all over my home assistant on Saturday ...
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Ripple, the Fourth-Largest Cryptocurrency, Just Passed a Major Milestone In the cryptocurrency game, it can seem as though Bitcoin rules all, but other cryptos are finding success as well. In the most recent news, the fourth-largest cryptocurrency just hit a major milestone — Ripple passed a dollar for the first time. According to CoinMarketCap data, the price of Ripple's XRP ...
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Bitcoin loses nearly half its value in $187 billion wipe-out as crypto correction continues The wild sell-off prompted Coinbase, the world's largest cryptocurrency exchange, to temporarily suspend trading on Friday, along with two others. "Due to today's high traffic, buys and sells may be intermittently offline," a notice on the website read. "We're working on restoring full availability as soon as ...
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Cryptocurrency Continues To Spread Its Wings With Bitcoin Lottery Chances are, you would have heard a fair bit about Bitcoin in the mainstream news recently. This is probably due to the fact that as of right now, one Bitcoin equals over $15,500 and that figure reached an all-time high of $19,783 on December 10, 2017. The cryptocurrency has been around since 2009 ...
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This Cryptocurrency is About to Skyrocket Imagine if all the investors using Charles Schwab suddenly bought the stock of one company. Just think of how high that would push the stock up. We're talking thousands of percent. Well, that's exactly what's about to happen with one little-known cryptocurrency. You see, the biggest trading platform for ...
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A certified financial planner explains just how risky of an investment bitcoin is Bitcoin has been soaring in value at times, but crashing at others. Lauren Lyons Cole, a certified financial planner and senior editor at Business Insider, explains the risks of investing in cryptocurrency. Following is a full transcript of the video. Lauren Lyons Cole: I'm Lauren Lyons Cole. I'm a certified ...
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'Bitcoin is a THREAT to Brussels' Ex-MI5 intel agent SLAMS EU for cybercurrency crackdown The debate over the future of the cyber currency comes amid a plunge in value for bitcoin - dropping 36 percent in just five days. It comes after a troubled week in which a cryptocurrency exchange went bust in South Korea following a cyber attack. However, US regulators approved futures trading in ...
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Goldman Sachs Reportedly Eyes Mid-2018 Launch For Cryptocurrency Trading Desk With the price of Bitcoin and other cryptocurrencies booming, everyone is looking to make some money off the craze. One of the biggest players that is looking to get into the cryptocurrency craze is Goldman Sachs Group Inc. Word is that the company is looking to set up a trading desk for digital currency ...
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