Posts Tagged
‘Bloomberg’

When it comes to Bitcoin, you can count on one thing – volatility. The price of Bitcoin plunged more than 11% Thursday morning, dipping below the $14,000 level after the South Korean government announced plans to more tightly regulate cryptocurrencies. South Korea has turned into a major hub for cryptocurrencies, as Bitcoin and others have […]

This is a syndicated repost courtesy of Money Morning – We Make Investing Profitable. To view original, click here. Reposted with permission. The price of Bitcoin collapsed under $10,500 on Coinbase over the last 24 hours, as a dramatic sell-off crushed the broader cryptocurrency sector. Bitcoin settled near $13,000 around noon EST, after falling more […]

Round 2: JP Blockchain vs Blockchain Sachs — zerohedge (@zerohedge) December 21, 2017 In light of the recent “blockchain” naming craze, this morning we said that the inevitable next round of corporate name changes would involve “JP Blockchain” and “Blockchain Sachs”. While this was supposed to be a joke, as so often happens, it ended […]

I often get asked by younger traders what it was like to trade in the DotCom bubble. When I tell them stories about the madness that prevailed at the time, they shake their heads in disbelief about how stupid my generation could have been. They have difficulty understanding the mania that gripped investors. To them, […]

No, the SEC isn't banning trading in bitcoin and cryptos. a) it can't. b) Crypto Company is just that, a company — zerohedge (@zerohedge) December 19, 2017 Following last night’s chaotic appearance of LongFin CEO on CNBC’s FastMoney, it appears The SEC has finally had enough of the unusually explosive price gains of previously tranquil […]

In recent months, it seems like there’s been nothing but bad news for Uber, like having its operating licence revoked in London (‘not fit and proper’), concealing a massive cyber-attack, price gauging a passenger $14,000 for a 5-mile ride and reporting a quarterly loss of $1.5 billion. Indeed, the company is becoming almost synonymous with […]

Dec 16, 2017

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by: admin

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Tags: Bloomberg, Uber

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Categories: Alternative Media, Blogosphere, Economy

Giant Network Chairman Shi Yuzhu has invested tens of millions of dollars in cryptocurrency trading platform OkCoin, according to local media reports citing unidentified people familiar with the matter. According to local media sources, the investment was widely anticipated. According to Bloomberg, it’s unclear whether the investment took place before or after China halted domestic […]

A week after Thomas Peterrfy, the founder, Chairman and CEO of Interactive Brokers and one of the ‘giants’ of electronic trading in US financial markets warned that: “the introduction of bitcoin futures into a clearing house could increase systemic risk.” And just days after the firm said its “clients would be unable to short the […]

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