Cryptocurrency was under pressure Thursday (Sept. 14) after Chinese Bitcoin exchange BTCChina announced it would stop all trading as of Sept. 30. According to a report in Reuters, a few hours after BTCChina said it was shutting its exchange, Chinese news outlet Yicai said all Bitcoin exchanges will be...
BlackRock Global Chief Investment Strategist Richard Turnill argued Tuesday (July 11) that loose monetary policy has resulted in a huge run up in cryptocurrency, such as bitcoin, but it doesn’t pose a risk to the financial system. According to a report in Reuters, Turnill said...
June 11, 2018
Thanks in part to the meteoric rise and subsequent decline in the price of bitcoin, the makeup of its holders has shifted from longer-term investors to more active ones, reported the Financial Times. Citing data from market research firm Chainalysis, the Financial Times reported that in November, prior to the peak in the price of bitcoin, […]
September 15, 2017
Cryptocurrency was under pressure Thursday (Sept. 14) after Chinese Bitcoin exchange BTCChina announced it would stop all trading as of Sept. 30. According to a report in Reuters, a few hours after BTCChina said...
July 12, 2017
BlackRock Global Chief Investment Strategist Richard Turnill argued Tuesday (July 11) that loose monetary policy has resulted in a huge run up in cryptocurrency, such as bitcoin, but it doesn’t...
