Tag Archives: Bitcoin

Every now and then a technological revolution comes in that provides almost every country in the world an equal playing field. No matter how big or small a country is, it always has the opportunity to leap ahead irrespective of …

The rollercoaster of cryptocurrency pricing is on the downward slope again. Bitcoin has fallen by a quarter in the past month, with other large currencies such as Ethereum and Ripple down more than 40%. So where does this latest bout …

If you haven’t already heard of Bitcoin, you either haven’t been paying attention or you’re a time traveller who just touched down in 2018. Because by now, most of us will have heard of Bitcoin and some of us have …

Bitcoin and other “cryptocurrencies” have been much in the news lately, in part because of their wild gyrations in value. Michael Lee and Antoine Martin, economists in the New York Fed’s Money and Payment Studies function, have been following cryptocurrencies …

Right now, it’s Bitcoin. But in the past we’ve had dotcom stocks, the 1929 crash, 19th-century railways and the South Sea Bubble of 1720. All these were compared by contemporaries to “tulip mania”, the Dutch financial craze for tulip bulbs …

Cryptocurrencies plunged on Friday, with bitcoin at one point sliding below $8,000 and headed for its biggest weekly loss since December 2013, amid worries about a regulatory clampdown globally. The currencies have come off their lows but analysts said the …

Whether you follow opinion polls, experts, the media, or soothsayers, a few common themes have emerged regarding the economy in 2018 and beyond. These are Brexit, the rise of the robots and a continued obsession with bitcoin and cryptocurrencies. Here’s …

The price of bitcoin hit $17,000 late last year and – although the cryptocurrency has plunged since then – there are signs that an absence of regulation can hurt investors and trigger the next financial crisis. Despite the laudable blockchain …

A cryptocurrency is a digital currency stored on an open and decentralised electronic payment system. Following Nakamoto (2008), cryptocurrencies have caught the attention of industry, academia, and the public at large, with Bitcoin being the most prominent. There are hundreds …

Can the world afford Bitcoin? The cryptocurrency is enjoying something of a resurgence as investment and central banks weighed its benefits and caused its value to balloon. But generating Bitcoin requires a truly staggering amount of energy. The electricity used in a single Bitcoin transaction, …