Well that escalated quickly. Having broken above $900 yesterday to new record highs (and a 100% gain in a week), the crypto currency is not looking back now. On what is higher than average volume this morning, Bitcoin just broke above the magic $1000
The price of a bitcoin topped $900 last week, an enormous surge in value that arrived amidst Congressional hearings where top U.S. financial regulators took a surprisingly rosy view of digital currency.
Billionaire entrepreneur Sir Richard Branson announced on CNBC's "Squawk Box" Friday that his commercial space flight venture will accept bitcoin as payment. He called it "a new exciting currency."
"I cannot look at myself in the mirror; everything I have believed in I have had to reject. This environment only makes sense through the prism of trends."
The University of Nicosia, a private school in Cyrpus, says it is now the first university that lets you pay tuition and other fees in bitcoin, the world’s most popular digital currency.
Yesterday, the Senate Committee on Homeland Security and Governmental Affairs held a hearing on the potential risks, threats and promises of virtual currencies.
The Dark Wallet campaign at indiegogo has raised over sixty-five thousand USD so far in combined donations. The homepage reads $37k+, but this progress bar does not account for our bitcoin donations at coinbase (an exchange service we recommend).
In this revealing interview with Birch Gold Group, Jim Rogers, legendary investor and author, explains just how badly Quantitative Easing and ongoing currency wars are damaging the U.S. economy, and why it’s so important for any person to protect the
A fed researcher took a look at the prospects for market-based crypto-currency, especially Bitcoin. It concludes Bitcoin is not a viable replacement for the dollar. The report includes some dark hints that should it ever become so, it should be crush
Despite the ECB's recent "stunning" rate cut, which sent the EUR modestly lower by a few hundred pips, the resultant resurge in the European currency has left the European Central Bank even more stunned:
Predicting the imminent collapse of the U.S. dollar, a Russian lawmaker submitted a bill to the country’s parliament on Wednesday that would ban the use or possession of the American currency.
Having now tripled since August, Bitcoin's break above $300 ($324 highs) raises an important thought experiment - can a digital currency act as a global reserve currency?
While the public's attention has been focused recently on revelations involving currency manipulation by all the same banks best known until recently for dispensing Bollinger when they got a Libor end of day.....
During the government shut down, we got to see exactly which agencies were useless and which ones should have been shut down. Out of the myriad of three letter parasites, agencies like the DEA, IRS, FBI, DOJ, EPA, and DOE frequently top the lists of
Renowned gold expert Jim Sinclair says financial calamity is just around the corner for America. Sinclair contends, “We are facing the annihilation of currency.
Thank you for your interest in tending the fires of Liberty. We believe there is a huge demand for crypto-anarchic projects after Snowden, and have been blown away by the response.
There are few disappointments in the Digital Age more conspicuous than our failure, as security guru Dan Kaminsky puts it, to “apply the Internet to money.”
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