Global uncertainty is rising. Yet, gold isn’t rallying. Bitcoin, the new ‘gold,’ is. Unlike gold, Bitcoin is a convenient medium of payments around the globe, though for a limited number of transactions. Then, there’s scarcity. Bitcoin supply is expected to be capped at 21 million. The supply of gold, on the other hand, is expected to increase anytime its price rises, as that provides an incentive for gold miners to mine for gold. ...
Bitcoin continues to swing for the fences, enjoying continued gains. Today, the currency's price approached $3,650, producing a roughly 275% year-to-date gain. more...
Bitcoin prices remained largely unscathed today, in spite of the hard fork that created rival currency Bitcoin Cash. more...
Bitcoin has left stocks, bonds, and gold in the dust in the first half of 2017. more...
Coinbase dropped a bombshell on the bitcoin world yesterday by revealing that not only are its bitcoin deposits insured, but they have been so for more than a year. This after months of competitors listing insurance as a differentiating feature. The company wrote in a blog post: We’re proud to publicly announce that Coinbase holds insurance against theft or loss of its bitcoin. We’ve been insured for almost a year, but given the recent ...
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