|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.75 - 6.97|
|52 Week Range||3.66 - 16.88|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A pair of cryptocurrency and blockchain industry insiders made some bold predictions about the disruptive potential of blockchain technology in recent days. On Saturday, founder and CEO of Block.one Brendan Blumer tweeted that bitcoin may soon make gold obsolete as a store of value. Bitcoin prices have tanked since peaking at nearly $20,000 in late 2017, and it now trades at around $4,070.
Ethereum is the latest cryptocurrency to experience volatility ahead of a hard fork, a split in a cryptocurrency that occurs when a blockchain is forked into two paths that require software upgrades to follow the new path. A new currency is often created following a hard fork if investors do not agree on which path to take following the fork. Last week, Ethereum announced its hard fork, called “Constantinople,” will occur when the blockchain hits block 7,280,000.
Forget boring concerns about fee compression and that tired active-versus-passive debate: This year’s InsideETFs conference was all about the big new trends in gold, marijuana, and advice.
Bitcoin investment firm Grayscale had a challenging Q4 as inflows into its cryptocurrency funds shriveled up, but demand grew from retirement accounts.
After a huge year that put cryptocurrency on the radar of mainstream investors for the first time in 2017, 2018 was disastrous for investors. The cryptocurrency market lost roughly $700 billion in total market cap this year as the 2017 bubble burst and traders took what profits they could. The market cap of bitcoin alone dropped from $220.9 billion as of Dec. 31, 2017 to just $66.3 billion today.
Dec. 16, 2017 was the day bitcoin prices hit $19,783, the cryptocurrency’s all-time highest price. A year ago, bitcoin price targets of $60,000 or even as high as $400,000 were being tossed around on Wall Street. The OTC-traded Bitcoin Investment Trust (OTC: GBTC) is down 51 percent in the past three months alone as the sell-off has accelerated.
Bitcoin Investment Trust is an open-end fund that tracks the performance of bitcoin. That performance has been disastrous in 2018, which begs the question "hodlers" everywhere are asking: Where will Bitcoin Investment Trust be in 5 years?
The cryptocurrency market finished another disastrous week on a low note on Friday, with most major currencies trading down more than 5 percent on the day. Here’s a look at some of the headlines that were ...
The steep sell-off in cryptocurrencies that pushed bitcoin prices to fresh 52-week lows last week took a breather Monday, with bitcoin prices bouncing back about 1 percent to $3,814. Pompliano said plenty of people have been birded by buying bitcoin near the peak of the bubble last year, but bitcoin’s utility as a secure payment transfer mechanism means it does have some inherent value greater than $0. “Through 2017, all of the buyers were retail... What I think you’re seeing is the washout of these retail investors and now as the institutions like Fidelity, ICE, etc. [come in],” he said.
Tether’s USDT is one of several so-called “stable coins,” cryptocurrencies that claim they're backed by fiat currencies. Tether claims its currency is backed by the U.S. dollar, but the DoJ is reportedly investigating those claims along with how new Tether coins are created and why they have entered the market primarily via Bitfinex.
Canada Goose, Western Digital, Square, Goldman Sachs and Bitcoin Investment Trust highlighted as Zacks Bull and Bear of the Day
Bitcoin and several other major cryptocurrencies--including ripple, ethereum, and litecoin--have tumbled in the past day after a rash of headlines sparked concern about uncertainty among investors and traders.
The cryptocurrency market finished a disastrous week on a low note on Friday, with most major currencies trading down on the day. Here’s a look at some of the headlines that were moving the cryptocurrency ...
Cryptocurrencies were hammered Wednesday as the 2018 bursting of the bitcoin bubble took another leg down. Bitcoin traded below $6,000 to new 52-week lows on uncertainty related to the upcoming Bitcoin ...
When the market is volatile, investors flee to safety. Often, investors will retreat out of growth names and into more established industries. We saw that trend play out in October on the over-the-counter ...
The hackers changed the profile names and photos on the Twitter accounts to match Musk's. They used the accounts to impersonate Musk and promote a bitcoin scam claiming that Musk is giving away 10,000 bitcoins to participants. The cryptocurrency market has been rampant with criminal activity and fraud, and Carbon Black Security reports that more than $1.1 billion of cryptocurrency was stolen in the first half of 2018.
The cryptocurrency market finished a string week on a low note on Friday, with most major currencies trading down on the day. Here’s a look at some of the headlines that were moving the cryptocurrency ...
The cryptocurrency market finished a rough week on a high note on Friday, with most major currencies trading up more than 1 percent on the day. Here’s a look at some of the headlines that were moving the ...
CryptoKitties is a collectibles game on the Ethereum blockchain where people buy and trade unique digital kittens. At its peak, people were paying more than $100K for a kitten. Where does CryptoKitties stand now? Caty Tedman, Head of Partnerships at Dapper Labs, the maker of CryptoKitties, joins us.