Bitcoin Eyes Consolidation as Price Flirts with $14K

{$inline_image} As per Coindesk's Bitcoin Price Index (BPI), bitcoin (BTC) found takers at $12,878.60 (price at 00:44 GMT) and moved to an intraday high of $13,773.34. Soon before press time, prices were at $14,090…

Why one small Washington town has seen so…

A small town three hours east of Seattle is turning into the epicenter of bitcoin mining in the United States. Wenatchee, Washington is home to a dozen of the largest bitcoin and cryptocurrency…

South Korea Plans to Ban Bitcoin Trading

South Korea said on Thursday it plans to ban trading of cryptocurrency, including the popular bitcoin. The announcement sent bitcoin prices much lower and created unrest in the cryptocurrency market. Justice Minister Park…

Goldman Sachs says 'the bar looks high' for…

"In practice, Bitcoin and other digital currencies face significant practical hurdles to wider adoption—including potential government regulation and excessive volatility. So could Bitcoin succeed as a form of money? In theory, yes, if…

The Bitcoin/Crypto-currency Fallacy

My opinion about Bitcoin – and now its johnny-come-lately imitators and competitors – remains largely unchanged. In accordance with Carl Menger's subjective theory of value, the market prices of “crypto-currencies” still will depend…