Gold Silver Reports – Crypto Proxy Stocks Rally as Bitcoin Rebounds Above $16,000 — Bitcoin’s rebound from a five-day rout has drawn investors back to stocks related to cryptocurrency and blockchain technology.
Bitcoin
Digital Coins Resume Selloff as Recovery Fizzles
Gold Silver Reports – The biggest cryptocurrencies resumed their decline on Sunday, failing to reverse a selloff that began when bitcoin’s unprecedented rally fell short of breaking above $20,000.
Bitcoin Climbs, Finding Floor After Worst Selloff Since 2015
Gold Silver Reports – Bitcoin clawed its way upward on Saturday along with most cryptocurrencies, halting a four-day tumble that drew worldwide attention to the unregulated $500 billion market that’s frequently called a bubble.
Cryptocurrency Trading Tips-Bitcoin Is So 2017 as Ripple Soars at Year End
Gold Silver Reports — Cryptocurrency Trading Tips-Bitcoin Is So 2017 as Ripple Soars at Year End – The rout in cryptocurrencies isn’t sinking all boats. Ripple, which uses a network of nodes that includes financial institutions to validate transactions, has sustained the advance for its XRP currency as it reports interest from financial institutions and concern mounts over the costs of bitcoin mining.
See Bitcoin as a Lottery, Not an Investment
Gold Silver Reports – See Bitcoin as a Lottery, Not an Investment – A tea seller in Mumbai’s newest corporate hub claims to have bought 4 bitcoins, at Rs1 lakh each, in May 2017. He is already sitting on a handsome profit, given the price of Rs13.64 lakh per bitcoin—as per Coinome as on 19 December. However, he says he will wait till next year when the price would be around Rs15 lakh a bitcoin. On being asked how he knows for sure that the price will move to that level, he responded with an assured, “Aap dekhna (you’ll see).”
Gold May Not Be Bitcoin, But Miners Can Still Make You Money
Gold Silver Reports – Gold and silver prices haven’t had the best year when compared to industrial metals, and the outlook for next year looks muted at best.
Bitcoin Fascination Feels Like ‘Speculative Mania,’ RBA Says
Gold Silver Reports – Australia’s central bank chief made a scathing assessment of Bitcoin, saying the cryptocurrency that’s soared above $17,000 is more likely to appeal to criminals than consumers.
Bitcoin Futures Trading Opening Brings Crypto to Wall Street
Gold Silver Reports – Bitcoin Futures Trading Opening Brings Crypto to Wall Street – Bitcoin has landed on Wall Street, and it was welcomed by traders. Cboe Global Markets Inc. started letting people buy and sell bitcoin futures Sunday evening.
Bitcoin Looks like Bubble, New Zealand’s Central Banker Warns
Gold Silver Reports – Bitcoin spectacular gains look like a speculative bubble and the cryptocurrency is too unstable to be useful in the future, New Zealand’s central banker said.
A Winklevoss sees Bitcoin Surging as much as 20 Times Higher
Gold Silver Reports – Cameron Winklevoss, thought to be one of the largest holders of bitcoin, thinks the cryptocurrency’s blazing gains this year are just the start. He predicts it will rise as much as 20-fold as investors come to view it as an upgrade to gold.