TEHRAN, January 27 -With a market capitalization of just above $500 billion, cryptocurrency volatility is nothing unusual, portfolio manager Jeet Singh told RT at the Davos Economic Forum in Switzerland.
TEHRAN, January 27 -Apple co-founder Steve Wozniak has revealed that he sold his bitcoin holdings after growing tired of monitoring the cryptocurrency’s rapidly-changing value.
TEHRAN, January 24 - Australia’s biggest precious metal refinery, Perth Mint, is developing its own cryptocurrency backed by physical commodities like gold. It expects to bring investors back to the traditional market of precious metals.
TEHRAN, January 17 -Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.
TEHRAN, January 7- Investors should get ready for potential risks this year, warns Deutsche Bank. They include stock market corrections, the collapse of cryptocurrencies and housing bubbles.
TEHRAN, January 3 -Bitcoin investors definitely have reason to worry, as nearly 40 percent of all bitcoin s are in the hands of just 1,000 investors. Together, they can tank or prop up the market with a click of a mouse.
TEHRAN, December 9 - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.
TEHRAN, December 8 - Bitcoin tumbled more than 12 percent in volatile Asian trading on Friday, dropping below the $15,000 level after touching a record high above $16,000 earlier in the session.
TEHRAN, November 29 - Virtual currency bitcoin soared to an all-time high above $10,000 on Tuesday on major exchanges and digital currency indexes, including the widely followed Luxembourg-based trading platform BitStamp.
TEHRAN, November 28 -The first decentralized peer-to-peer payment system, bitcoin , has broken through the $10,000 mark on South Korea’s Bithumb, one of world’s biggest exchanges for cryptocurrencies. The price of bitcoin this year has jumped more than 10-fold.
TEHRAN, November 22 -As a “peer-to-peer currency” bitcoin could one day start a financial revolution as it means an extinction level event for banks which will no longer be a necessary middleman, Bitcoin Cash ‘CEO’ Rick Falkvinge told RT.