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Markets-Economics

Bitcoin Rebounds Above $14,000 as Investors Find a Bottom

December 29, 2017-7:16 am Stevie 0

Bloomberg Bitcoin appeared to find a bottom Friday, rebounding above $14,000 after moves by South Korea to curb speculation and protect retail customers sent the cryptocurrency sliding yesterday. Bitcoin climbed as much as 8.3 percent tin Asian […]

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Markets-Economics

Get Set for Petro, Venezuela’s Cryptocurrency Answer to Bitcoin

December 29, 2017-7:13 am Stevie 0

Bloomberg In a new twist to the cryptocurrency craze, Venezuela, the South American oil giant in default on some of its dollar bonds, plans to issue its own digital unit, dubbed the petro. “It is […]

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Markets-Economics

Is Bitcoin Back? Cryptocurrency Passes $15,000 as Rebound Begins

December 26, 2017-7:02 am Stevie 0

Bloomberg Bitcoin rallied past $15,000 on Tuesday as traders of the world’s biggest digital currency sought to draw a line under its roller coaster five-day slump. The tokens rose 10 percent to $15,116.50 as of […]

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Markets-Economics

Bitcoin Has a Future and You Can Go Long or Short: QuickTake Q&A

December 18, 2017-6:36 am Stevie 0

Bloomberg Trading in bitcoin futures began a week ago on Cboe Global Markets Inc. Its bigger rival, CME Group Inc., began offering a competing product on Dec. 17. The trading is a milestone in the acceptance […]

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Markets-Economics

JPMorgan Sees S&P 500 Hitting 3,000, Warns on Tech Stocks

December 15, 2017-7:59 am Stevie 0

Bloomberg Another Wall Street firm says the bull market’s going to continue to run next year. But it won’t be because of tech shares. JPMorgan Chase & Co. became the third major bank to predict […]

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Markets-Economics

6 Top Bitcoin Predictions For 2018

December 14, 2017-6:33 am Stevie 0

The Street What does 2018 hold in store for the red-hot cryptocurrency markets? We asked several experts to weigh in. What a year it’s been for Bitcoin. The cryptocurrency has continued to soar from lows […]

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Markets-Economics

Litecoin Hits Latest All-Time High, Up More Than 4,000% Year-To-Date

December 12, 2017-8:22 am Stevie 0

Forbes Litecoin reached a new record today, extending its recent gains and increasing its year-to-date (YTD) returns to more than 4,000%. The digital currency, which is a fork of digital sibling Bitcoin, rose to as much […]

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Markets-Economics

Top 12 Stocks to Own Should Bitcoin Price Rally Continue

December 11, 2017-6:21 am Stevie 0

Fundstrat says investors need to have some exposure to bitcoin and its blockchain technology as a handy tool for diversification. These are the dozen equities that could propel your portfolio as bitcoin continues its gains. […]

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Markets-Economics

The Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market

December 8, 2017-5:56 am Stevie 0

A few massive investors can rock it with a shrug Bloomberg Holders of large amounts of bitcoin are often known as whales. And they’re becoming a worry for investors. They can send prices plummeting by […]

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Markets-Economics

Warning: Bitcoin Profits Are Considered Taxable Income by the IRS

December 6, 2017-5:42 am Stevie 0

The Street As the IRS and other tax authorities scrutinize cryptocurrency transactions like never before, it’s important to know how investors should manage and track their tax liability. It may not be welcome news, but […]

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