Source: Bloomberg On Thursday, it dipped below $8,000, marking a decline of more than a third this month alone. Its fellow digital currencies including Ripple and Ethereum have inflicted similar losses on holders — or hodlers, as crypto-fanatics call the … Continued
Every day, companies and consumers around the world send more than $76 billion in payments through a vast network of banks. Without the flow of money, container ships stay in port, workers don’t get paid, and supply chains break down. … Continued
Billionaires, world leaders and investors are gathered in Davos, Switzerland, for the World Economic Forum’s annual meeting to hobnob and discuss topics ranging from the global economy and sexual harassment, to the risks and opportunities of artificial intelligence. Not to mention … Continued
Billionaires, world leaders and investors are gathered in Davos, Switzerland, for the World Economic Forum’s annual meeting to hobnob and discuss topics ranging from the global economy and sexual harassment, to the risks and opportunities of artificial intelligence. Not to mention … Continued
What Bitcoin giveth, Bitcoin taketh away. Tyler Winklevoss, the twin brothers who became billionaires after the run-up in the price of Bitcoin and other digital assets toward the end of plunged. Bitcoin dipped below $10,000 Wednesday, extending a rout that … Continued
Cameron Winklevoss, thought to be one of the largest holders of bitcoin, thinks the cryptocurrency’s futures contracts on Sunday, making it easier to bet against the digital currency’s rally in recent months, is making some enthusiasts nervous — but not … Continued
Bitcoin’s extraordinary price surge means its market capitalization now exceeds the annual output of whole economies, and the estimated worth of some of the world’s top billionaires. With the debate over its bubble status still raging, the flagship cryptocurrency continued its … Continued