Tag Archives: Finance

Trade Recommendation: Ethereum | Hacked: Hacking Finance

Although the previous leaders of the rally started to correct or at least consolidate in the wake of the overbought long-term setups, another batch of coins turned exponential, with Litecoin, Ripple, and Ethereum all registering lofty gains this week. Bitcoin, Monero, and Dash have been holding up well, and even drifted to new marginal highs […]

Bitcoin exchange DOWNED amid cyber attack warnings and Litecoin and Ethereum outage | City & Business | Finance

Cryptocurrency exchanges Coinbase and Bitfinex both suffered outages yesterday with a message reading “service unavailable” warning users of the problems. Bitfinex reported they were a victim of a cyber attack shutting down its app after a large distributed denial of service attack just last week. While the Coinbase website claimed it was down due to […]

Bitcoin ethereum cryptocurrency surges | City & Business | Finance

The cryptocurrency was valued at £710 (£531.96) per unit as of today (Wednesday) – having begun the year trading at $8.34 (£6.25). Currencies such as ethereum and bitcoin are forms of digital currency which are created and held electronically, and not currently subject to any form of financial regulation, sparking concerns that investors have no […]

Trade Recommendation: Ethereum Classic | Hacked: Hacking Finance

The unprecedented rise in Bitcoin reached its vertical phase yesterday, with astronomical trading volumes, technical difficulties on the major exchanges, and extreme trading range in the most valuable coin before next week’s crucial BTC-futures launch. Bitcoin’s record high is a bit puzzling, as the most important exchanges diverged considerably amid the jump in trading activity, […]

Bitcoin SHOCK: Cryptocurrency could be OVERTAKEN by ethereum | City & Business | Finance

In the course of a year, ethereum has risen in value by more than 5,000 per cent and is currently valued at just over $450 (£335) – although this still leaves the currency some way behind bitcoin, currently valued at more than $15,000. Ethereum makes use of a blockchain – a database maintained by several […]

Trade Recommendation: Ethereum | Hacked: Hacking Finance

Litecoin approached all-time highs over the weekend, as the apparent surge in bitcoin extended to the altcoin market. LTC/USD Price Levels LTC/USD reached a high of $88.22 on Sunday, its best level in nearly three months. At press time, prices were up 8.4% at $85.93 for a market cap of $4.6 billion. That’s enough for […]

Bitcoin’s rival Ethereum hits all-time HIGH of $414.76 | City & Business | Finance

The rise this Thanksgiving weekend broke the previous record high of $414.76, a peak which the digital currency reached in June this year.  The currency now has a total market value of more than $40 billion with Ethereum co-founder Vitalik Buterin now sitting on a pot of code worth an estimated $200 million. Ether, the […]

UK Finance Regulator Warns Against Cryptocurrency Derivatives

One of the U.K.’s finance regulator has warned consumers about a particular kind of derivative contract based on cryptocurrencies. In a release on its website, the U.K. Financial Conduct Authority (FCA) cautioned would-be investors in cryptocurrency contracts-for-differences, or CFDs. Under a CFD, the two parties involved agree to pay either side in the event that […]

Bitcoin revolution: Crypto is the future, claims LatiumX founder | City & Business | Finance

GETTY Crypto revolution: Tokens such as bitcoin are paving the future for a new type of finances Crypto tokens such as bitcoin, dominated financial headlines in the past weeks, with steep spikes in value and growing mainstream appeal. Last Wednesday alone, bitcoin shot past £5,937.43 ($7,800), after kicking off the year at less than £761.21 […]

Bitcoin price: Bitcoin down to $7,200 – Is it a good time to invest in bitcoin? | City & Business | Finance

After yesterday’s record-breaking rally, Bitcoin prices have dropped down to just below $7,250 as of 10.08am on Thursday November 9.  Today’s high is $7,471.88 down from yesterday’s record of more than $7,800, according to CoinDesk.  The rapid spike of around 11 per cent came off the back of the decision to pull the plug on […]

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