“Where is bitcoin headed?” is the question everyone asked me most often over the holidays, followed by, “Sir, would you please stop dancing on the table?” I would be wary of anyone who tells you they know what the price of bitcoin will be at the end of the day, […]
The price of bitcoin surged to new highs almost every week after it was announced that the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) are launching bitcoin futures contracts that allow institutional investors to bet on the price development of bitcoin. Boosted by new funds flowing […]
If you are a regular reader of the Bitcoin Market Journal blog, you are well familiar with the need to perform due diligence when considering an ICO investment. In this tale of two ICOs, you will see how initial coin offerings vary greatly in terms of investment potential and risk. […]
Imagine this. A novice bitcoin buyer decides to dip his toes in the bitcoin pool, impressed by $10,000-plus coin prices and a bizarrely turbulent but still growing bull market. Eager to get in before the most improbable of commodity bubbles finally bursts, the would-be investor sets up a wallet account […]
I’m getting requests from friends and family asking if they should buy bitcoin. Never mind that I was telling them about bitcoin back in 2013, when it was $125, people want to know if they should buy it now, when the price is pushing $20,000. Will bitcoin go up to […]
As Robert Mueller’s investigation rapidly moves closer to the heart of the White House, the price of bitcoin is rapidly moving upward. Is there a correlation? It’s a well-established idea that people will move to safe haven financial assets in times of political uncertainty. For American investors, it’s hard to […]
New finance is the category covering digital currencies, token markets, and blockchain-enabled assets. The easiest way to think about “new finance” vs. “old finance” is like the difference between “new media” vs. “old media.” In 1995, when the Web first began to take over the world, I was working for […]
Do you want to add bitcoin to your portfolio but question how much bitcoin exposure you should have? In this article, you will discover what leading investors and financial advisors think about what percentage of your portfolio should be in bitcoin. Five Percent of Your Net Worth Fred Wilson, CEO […]
Mark Frauenfelder is an editor at wired.com. In an article published in October, Frauenfelder detailed how he spent eight months in his attempt to recover 7.4 bitcoin, worth approximately $50,000 at the time this article was written. Detailing his plight to recover the PIN for his physical bitcoin wallet after […]
Bitcoin is a “convertible virtual currency,” serves as a “store of value,” and operates in a virtual currency market that carries “substantial speculation and volatility risk.” Those are among the takeaways from a report by The U.S. Commodity Futures Trading Commission’s LabCFTC , released October 2017. Daniel Gorfine, the Director of […]
