Silicon Valley is hot on a new cryptocurrency that could become worth 100 times its current value

Ether, the unit of cryptocurrency used on the Ethereum blockchain, has given investors a wild ride lately. Its value more than doubled in May, peaked in June at more than $ 400 an ether, and then lost more than half that value by early this week. That may sound like a bubble bursting. But some investors are still optimistic and are prepared to ride it out. Aaron Batalion, a partner at Lightspeed Venture Partners, said…

"Silicon Valley is hot on a new cryptocurrency that could become worth 100 times its current value"

Chinese investors drive bitcoin value to record high

The total value of all bitcoins in circulation hit a record high above $ 14 billion on Thursday, as the web-based digital currency jumped 5 percent on the day to its highest levels in three years after more than doubling in price this year. The price of one bitcoin reached $ 875 on the Europe-based Bitstamp exchange,… bitcoins | New York Post

"Chinese investors drive bitcoin value to record high"