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Reuters / Peter Morgan Stocks are trading more independently of macro factors than at any point since 2001, according to Morgan Stanley. These types of market conditions are ideal for stock pickers, who make their living analyzing company fundamentals and betting on single stocks. Stocks are partying like it’s 2001. They’re trading independently of one […]
From US interference into other countries’ affairs to the cryptocurrency craze, Russian President Vladimir Putin managed to cover a wide range of topics while speaking at his latest major media briefing. Putin sat down with the heads of major Russian media outlets on Thursday. While he mostly commented on international politics, issues such as cryptocurrencies […]
Published time: 9 Jan, 2018 09:52 China’s regulatory clampdown on cryptocurrencies is sparking a mass exodus of bitcoin miners from the country, which has the potential to radically alter both global bitcoin and energy markets. According to a document leaked online, China’s internet-finance regulator has recommended that local governments squeeze bitcoin miners out of the […]
What is Bitcoin? An investment? A technology? A bubble? What is even happening? All of these questions seem like reasonable ones to ask, as its price has surged and plummeted. Bitcoin is many things: a proxy for more stable units like the dollar and the euro, a speculative investment, a payments mechanism, a means of […]
Christmas is here, and bubble and squeak is one of the most traditional dishes of the season. It is the perfect way to use up any turkey which did not get eaten, as well as any vegetables. There are a number of fantastic recipes for Christmas dinner leftovers to try. But the one everyone will […]
There are various theories about how the solar system formed, but scientists haven’t been able to agree on a single model that explains all the quirks of our corner of space as it exists today. Now, scientists at the University of Chicago have come up with a new model that explains an enduring mystery about […]
Enlarge / A Soyuz rocket launches from Baikonur, Kazakhstan. (credit: NASA) Bitcoin’s price set a new record on Saturday as the virtual currency rose above $ 19,000 for the first time on the Bitstamp exchange. The gains came just hours after the currency crossed the $ 18,000 mark. Bitcoin’s value has doubled over the last […]
Published time: 16 Dec, 2017 13:36 Edited time: 16 Dec, 2017 13:46 Leading virtual currency bitcoin blasted to another all-time high above $ 18,400 on Saturday. Traders are continuing to defy warnings of the risks of investing in the highly volatile and speculative instrument. The cryptocurrency has gained a staggering 1,800 percent this year. This […]
Published time: 13 Dec, 2017 09:30 Virtual currency bitcoin has officially become the largest bubble in history, eclipsing the notorious “Tulip Mania,” the speculative bubble that shook the Dutch economy before it collapsed in 1637. According to analysts Howard Wang and Robert Wu from Convoy Investments, the bitcoin price has “gone up over 17 times […]
To call Bitcoin the biggest and most obvious bubble in modern history may be a disservice to its surreality. The price of bitcoin has doubled four times this year. In early January, one bitcoin was worth about $ 1,000. By May, it hit $ 2,000. In June, it breached $ 4,000. By Thanksgiving, it was […]
