Charlie Lee, the creator of the world's fifth-biggest cryptocurrency, Litecoin, announced shortly after midnight that he was cashing in his profits after a torrid, 9,300% rally in the past 12 months.
.. at least according to BofA's latest, just released December monthly Fund Managers Survey, in which 172 participants with $480bn in AUM responded to dozens of questions, among which "what do you think is the most crowded trade." Back in September,
Stoccks are at record highs on the basis that Marco Rubio might a 'yes' and John McCain will make it through the weekend... but if everything is so awesome, why is the yield curve collapsing?
CNBC's Fed fanboy, Steve Liesman, accidentally knocked one out of the park yeserday when he lured Janet Yellen into a quip that will surely go down as the signature insanity of her baleful tenure. Liesman thus queried:
CNBC's Fed fanboy, Steve Liesman, accidentally knocked one out of the park yeserday when he lured Janet Yellen into a quip that will surely go down as the signature insanity of her baleful tenure. Liesman thus queried:
Back in May when the Chinese domination over Bitcoin was ending, we predicted that it would shift over to Japan, specifically, we said that "just as the Chinese bubble frenzy in bitcoin is fading, it may be replaced with a new one, in which thousands
Customers of cryptocurrency trading platform Bittrex are complaining of problems withdrawing money and say they have been left in the dark by the huge US exchange.
One month ago, a chart from Convoy Investments went viral for showing that among all of the world's most famous asset bubbles, bitcoin was only lagging the infamous 17th century "Tulip Mania."
One month ago, a chart from Convoy Investments went viral for showing that among all of the world's most famous asset bubbles, bitcoin was only lagging the infamous 17th century "Tulip Mania."
Following the 'successful' launch of Bitcoin futures overnight, Interactive Brokers - whose founder had been adamantly against the CME/CBOE product over risk concerns - has enabled clients to trade the crypto-craziness on its platform... but with som
Bitcoin investors resumed their wild ride on Sunday, this time in the futures market, sending the price of the crypto-asset soaring -- and crashing the Web site of the host exchange.
CBOE Global Markets Inc and CME Group Inc will launch futures contracts on bitcoin on Dec. 10 and Dec. 17 respectively. Here are some of the differences between the products to be offered by the exchange operators.
Goldman Sachs, the global finance market's second largest investment bank behind JPMorgan, will begin trading bitcoin futures for its clients, once major exchanges list bitcoin futures in the upcoming weeks.
Market analyst Lynette Zang predicts in the next market meltdown, "real estate, stocks, and bonds will all crash." When asked when this will happen, Zang says, "Enjoy your Christmas," but in 2018, all bets are off.