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If bitcoin isn't a currency, what is it? Both made it clear that cryptocurrencies are not, in fact, currencies at all, or good stores of value. That is hardly the future of money. Story continues below advertisement. Story continues below advertisement. The hype about bitcoin is misplaced. The nascent technology behind cryptocurrencies is much ...
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CFTC launches virtual currency resource web page The Commodity Futures Trading Commission has launched a new virtual currency resource Web page. This dedicated page is a central repository for CFTC-produced resources about virtual currency and is designed to educate and inform the public about these commodities, including the possible risks ...
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Why securities regulators have their eyes on bitcoin The appeal of digital currencies is that they avoid the need for middlemen, such as banks. Because of the blockchain technology that these currencies use, transactions are supposed to be secure and hidden. Proponents of digital currencies claim that, because of this technology, there is no need for ...
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Bitcoin Flirts With $20k But Can't Commit To Latest Milestone Bitcoin has been pushing steadily closer to $20,000, but has failed to reach this key milestone. The world's largest digital currency by market capitalization (market cap) has risen to as much as $19,783.21 on the CoinDesk Bitcoin Price Index (BPI). After nearing the $20,000 mark, the digital currency's ...
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