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Posts Tagged ‘bitcoin’

Crypto Markets Are Broken

Cryptocurrencies have captured international attention this year. Although trading currency is nothing new, it certainly feels like an ancient concept being renewed by novel technology. The rapid price increase of almost all digital tokens, which is most noticeable in Bitcoin’s 1,600 percent improvement this year, and their surprising integration into mainstream investment markets through futures…

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No Eurozone Cryptocurrency Says Bundesbank Board Member

Carl-Ludwig Thiele, a board member for Bundesbank, one of the largest banks in Europe, has confirmed that the euro zone is not considering a digital currency. He said: “Digital central bank money analogous to cash is currently not in sight.” The statement runs contrary to a previous statement made by Jens Weidmann, the head of…

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Give Bitcoin This Christmas, Says Teen Bitcoin Millionaire

In the world of cryptocurrencies to date, more than a few millionaires, have been made. In the case of 18-year-old Erik Finman, a $1,000 cash gift from his grandmother turned into over a million dollars after he invested it in Bitcoin back in 2011, at $12 a coin. His early investments in Bitcoin helped him…

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