Australia’s largest banks can’t seem to go six months without a new scandal. In April, regulators accused Commonwealth Bank, one of the country’s largest financial institutions, of “systemic” money laundering violations,..
Bitcoin is now up over 45% since the fork on August 1st, notably spiking this week (to a record high over $3800) as US-North Korea tensions escalated and both Fidelity (retail) and Goldman (institutional) noted investor interest in cryptocurrencies is soaring…
The real demand for bitcoin will not be known until a global financial crisis guts confidence in central banks and politicized capital controls. I’ve been writing about cryptocurrencies and bitcoin for many years. For example: Could Bitcoin Become a Global Reserve Currency? (November 7, 2013)..
Bitcoin is now up almost 35% since the August 1st fork, and up over 90% from the mid-July fork-fears panic low. Buying was heavy in the overnight Asian session but surged once again this morning, seemingly after US CPI data disappointed, lifting the price to a new record high of $3547…
Having ‘nailed’ the price action recently in Bitcoin (calling the recent pull back, extension beyiond $3,000, with a target of $3915), Goldman notes that it’s getting harder for institutional investors to ignore the rise of cryptocurrencies…
It was over three years ago, back in May 2014, when we wrote “How Bots Manipulated The Price Of Bitcoin Through “Massive Fraudulent Trading Activity” At MtGox” in which we first demonstrated one of the more striking observed “bot-driven” bitcoin manipulation schemes, in this case related to the inf..
(Ethan Huff) There’s an upcoming fork in the road, and the popular online cryptocurrency Bitcoin is headed straight towards it.