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The bitcoin frenzy right now is like dotcom bubble in 1995, digital currency hedge fund manager says Investors should be careful of the euphoria that's propelled bitcoin into the stratosphere, says BKCM founder Brian Kelly. "If you look at the internet in 1995, that's where you are in digital currencies," warns Kelly. Kelly who calls himself a "value speculator" in digital currencies and sees greater opportunity ...
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RBS boss likens bitcoin to Dante's Inferno as currency tops $15000 Bitcoin has been likened to Dante's Inferno by the chairman of Royal Bank of Scotland. As the digital currency surged above $15,000 on Thursday, Sir Howard Davies suggested it should carry a similarly apocalyptic warning for investors. Davies, a former head of the UK's top financial watchdog, called ...
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Q&A: How is a bitcoin mined? A look at the virtual currency LONDON — A company in Slovenia that mines bitcoin says it has been hacked, for a potential loss of tens of millions of dollars. The company, NiceHash, gives customers the ability to mine for bitcoins. As the price of the world's most popular virtual currency keeps surging — to a record $15,000 on ...
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How Much Is Bitcoin Really Worth? On closer inspection, however, comparing Bitcoin to a currency is like comparing lightening to a lightening bug (apologies to Mr. Clemens). As the WSJ has noted, Bitcoin is the hottest currency that nobody is using. As Jeffrey Dorfman here at Forbes pointed out, there are two problems with Bitcoin as a ...
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Indonesia to ban digital currency transactions by fintech firms amid bitcoin frenzy JAKARTA (BLOOMBERG) - Indonesia's central bank will bar financial technology companies from using digital currencies on their platforms as a global frenzy around bitcoin continues to lure more investors. The curbs, effective from Jan 1, won't apply to trading of digital currencies, Bank Indonesia ...
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Classy Introduces Classy Passport™: The First Cross-Currency Fundraising Solution for Nonprofits On the heels of a record-setting #GivingTuesday, Classy, creator of world-class online fundraising solutions, is launching Classy Passport—the only international fundraising solution with "cross-currency" capability—allowing for multi-currency donations, multi-currency peer-to-peer fundraising, and ...
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Zimbabwe: Foreign Currency Shortage Hits Day Old Chickens Imports Zimbabwe Stock Exchange listed company, Innscor Africa Limited operations, says the volumes of processed chicken has normalised, but constant supply might be hampered by the acute foreign currency shortages in the country. Zimbabwe, since February 2009, adopted a multi-currency economy with ...
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