Bitcoin - /contrib/bitcoin

Cryptocurrency investors continue to turn risk averse as the total cryptocurrency market capitalization sinks to a new annual low.

Bloomberg reports that a massive wrong-way bet on Bitcoin left an unidentified futures trader unable to cover their losses, burning counterparties and threatening to dent confidence in one of the world's largest cryptocurrency venues.The long position

Even after weathering a bear market that wiped out more than 60 percent of the flagship cryptocurrency's value, the bitcoin price continues to trade at a mark far above what its critics thought it could ever reach. Nevertheless, it still has a long wa

Chris Hondros/Getty Images Goldman Sachs' investment strategy group says

AP Photo/Kin Cheung UBS: Bitcoin is "currently too unstable and limited to become a viable means of payment for global...

Starbucks customers may soon be able to pay for their lattes with bitcoin. The company announced on Wednesday that it's teaming up with Microsoft and Intercontinental Exchange, the owner of the New York Stock Exchange, to le

His comments came from the Delivering Alpha conference in New York.

Via TechInDC: A University of Chicago economist has thrown some cold water on the notion that Bitcoin will be broadly adopted and have the chance to truly disrupt the existing financial system. In a paper published in June, Eric Budish concludes that "

Lightning Network, a technology often touted as the solution to Bitcoin's scalability problem, has been growing leaps and bounds in popularity in the recent months in spite of being at a nascent stage. The technology has been tested successfully for p

The CEO told the crowd, "I'll tell you another story that is underreported, but worth paying attention to. Bitcoin is really controlled by China. There are four miners in China that control over 50% of Bitcoin". "How do we know that China won't intervene? How many countries want to use a

James Howells, a 32-year-old IT specialist who recently switched to a full-time cryptocurrency investor, told New York Post that he had lost more than $60 million in bitcoin in 2009 and was never able to retrieve it. 7,500 BTC In 2009, the debut year of B

Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.

Bitcoin plunged to a three-week low after South Korean prosecutors raided the country's largest cryptocurrency exchange over fraud concerns, just before the start of Blockchain Week New York. The post Bitcoin Plunges On Crypto Exchange Raid Ahead Of B

The Mt. Gox trustee, who was tasked to sell about 200,000 bitcoin after the bankruptcy of the now-defunct cryptocurrency exchange Mt. Gox, is suspected to have dumped another 8,000 bitcoin on the cryptocurrency market. Domino Effect As CCN reported yester

Bitcoin's price plunged more than 5 percent on May 11, ending a two-week rally for the largest cryptocurrency by market cap. Ironically, the dip came just as crypto bulls have been outdoing each other in setting outsized bitcoin price targets for both

Nouriel Roubini exploded this past week during a panel discussion on cryptocurrencies at the annual Milken Institute Global Conference in Los Angeles:"There is no decentralization, it's just bullshit: Roubini said, adding that a blockchain is just

You can expect some serious volatility in the cryptocurrency market over the next few days, if history is any indication. Notorious cryptocurrency exchange desk Mt. Gox which went down in 2014, along with 850,000 of its users Bitcoin has moved another hug

Bitcoin is primed for another "price explosion" that could see the cryptocurrency's value soar to even greater levels than it experienced in 2017, according to analysts. The price predictions come amid significant gains across cryptocurrency m

Cryptocurrency payment processor Coinbase has banned the WikiLeaks Shop without providing them with any explanation, an action reminiscent of the previous PayPal blockade against the publisher which drew intense backlash. The Gateway Pundit spoke to someo

The entire world is buzzing like crazy over bitcoin and cryptocurrency in general. There are people making millions overnight and others wanting in on the action. Graphic card prices are skyrocketing and everyone is mining some form of cryptocurrency. There is just one thing that never seems to