Bitcoin Storms Back From Dip Below $10,000 in White-Knuckle Ride
January 27, 2018

Bitcoin’s wild start to 2018 turned breakneck on Wednesday, with the largest cryptocurrency plunging below $10,000 for the first time in six weeks before staging a rally to trade virtually unchanged.

The gyrations took the digital token across a trading Continue reading

Bitcoin Lost Almost 20% of Its Value This Week
January 5, 2018

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 on Friday, before paring losses, as Continue reading

Novogratz Halts Hedge Fund, Says Bitcoin May Drop to $8,000
December 27, 2017

Michael Novogratz, the former macro manager who’s turned into one of the biggest champions of bitcoin, shelved plans to start a cryptocurrency hedge fund and predicted that the digital money may extend its plunge to $8,000.

“We didn’t like market Continue reading

Bitcoin Futures Start With a Bang as Rally Trips Circuit Breaker
December 11, 2017

Bitcoin landed on Wall Street with a bang.

Less than three hours after the debut of Cboe Global Markets Inc.’s bitcoin futures, the contracts climbed as much as 14 percent and triggered a two-minute trading halt designed to cool volatility. Continue reading

Bitcoin Surges After World’s Biggest Exchange Announces Plans for Futures
November 4, 2017

The allure of bitcoin was too much for CME Group Inc.

The world’s largest exchange owner reversed course today and said it plans to introduce bitcoin futures by the end of the year, only a month after dismissing such a Continue reading