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Bitcoin beaten? new cryptocurrency ripple surpasses bitcoin in meteoric value increase
Bitcoin beaten? new cryptocurrency ripple surpasses bitcoin in meteoric value increase
A single Ripple token, referred to as XRP, is worth a modest $1.13 today but could be had for just $0.006 in January, according to the latest figures from CoinMarketCap. The massive rise equates to an eye-watering 1,783 per cent appreciation in value since the start of the year. Nearly $43billion is invested in to Ripple across the world, and the digital currency has a number of high-profile users -...
Related topics : value of 1 bitcoin today / bitcoin new world currency
Popular bitcoin fund suspended ahead of new eu rules
Popular bitcoin fund suspended ahead of new eu rules
The broker is still allowing investors to buy the popular XBT Bitcoin tracker – a fund that tracks the price of bitcoin. The fund, offered by a Swedish company, XBT Provider, is structured as an "exchange-traded note". Like the investment trust, this is a fund listed on the stock exchange, meaning it can be bought and sold like a share. Bitcoin has plummeted in price in recent days, dropping 30pc. It fell from an all-time high...
Related topics : bitcoin tracker fund / bitcoin investment trust fund / bitcoin company share price
Bitcoin slides 14 percent on crackdown fears, hits four week low
Bitcoin slides 14 percent on crackdown fears, hits four-week low.
LONDON (Reuters) - Bitcoin slid as much as 14 percent on Tuesday to hit a four-week low below $12,000, as fears grew of a regulatory crackdown after reports that South Korea’s finance minister had said banning trading in cryptocurrencies was still an option.
South Korean news website Yonhap reported that Finance Minister Kim Dong-yeon had told a local radio station that the government would be coming up with a set of...
Related topics : bitcoin price market cap / bitcoin total number
Bitcoin blow: mainstream hopes could collapse as bank of america bans cryptocurrencies
Bitcoin blow: mainstream hopes could collapse as bank of america bans cryptocurrencies
GETTYWall Street in New York is a global financial capitalMerrill Lynch’s decision to block access to the fund comes after concerns were raised by bank chiefs over the "suitability and eligibility standards of this product”, according to an internal memo circulated to approximately 17,000 advisers. The ban extends to clients trading in Grayscale's Bitcoin Investment Trust, a fund led by bitcoin...
Related topics : bitcoin bank of america merrill lynch / bitcoin investment trust fund
Where did wikileaks $25 million bitcoin fortune go?
Where did wikileaks $25 million bitcoin fortune go?
Everyone from early investors to cybercriminals has benefited from the huge spike in the value of bitcoin in the past few weeks. It’s a boon for one other outfit that has likely racked up tens of millions of dollars’ worth of the cryptocurrency: WikiLeaks. The transparency organization may be sitting on a stockpile of bitcoin valued at around $25 million, and has likely exchanged several other large cryptocurrency caches for fiat cash,...
Related topics : bitcoin one million dollars
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