Markets News


Markets

Chinese Bitcoin Exchange ViaBTC to Close Amid Regulatory Crackdown

Chinese bitcoin exchange ViaBTC has announced it will be closing its website at the end of September – the second exchange in as many days to do so.

ViaBTC

Markets

From Bear to Bull: Bitcoin Just Won't Die (So Josh Brown Buys)

Money manager Josh Brown doesn't understand bitcoin and was a long-term skeptic – but he's not letting that stop him from buying in.

brown, josh

Markets

Bitcoin's Price Is Down More Than $500 Today

Continued market turmoil traced to Chinese regulatory pressure has sent bitcoin's price tumbling more than $500.

faucet, drip

Markets

Kiss Front-Man Gene Simmons Is 'Interested in Bitcoin'

Gene Simmons, the co-founder and front-man for the 70's rock band Kiss, is a fan of bitcoin.

Kiss

Markets

BTCC to Cease China Trading as Media Warns Closures Could Continue

China-based exchange BTCC has announced it will be closing its doors to domestic trading, while Shanghai media indicates a broader crackdown.

Bandera de China. (Shutterstock)

Markets

Crypto Is Here to Stay (Whatever Jamie Dimon Might Say)

The JPMorgan CEO's bitcoin comments? They're a symptom of the very problems bitcoin is trying to solve, according to one venture investor.

kettle, black

Markets

Herd on the Street? Bank of America Survey Calls Bitcoin 'Most Crowded Trade'

Money has piled into bitcoin, portending an eventual stampede to sell, according to 26% of fund managers surveyed by Bank of America.

herd of cattle

Markets

Bitcoin Drops Below $4,000 as Market Turns Uncertain

Bitcoin prices fell below $4,000 Tuesday, a move that comes at a time when traders are uncertain of whether the asset's first-half gains can continue.

faucet, drip

Markets

Analyst: Cryptocurrency Mining Is Boosting AMD and Nvidia Stock Prices

AMD and Nvidia's work to attract cryptocurrency miners is paying off in the stock market, analyst Jefferies said today.

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Markets

Jamie Dimon: Bitcoin Is a 'Fraud'

JPMorgan CEO Jamie Dimon renewed his criticism of bitcoin today, declaring that he believes it to be a "fraud".

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