NY investigators probing bitcoin-like currencies worth $3.2B

Wall Street has a new toy — and regulators are warning that some pieces of the popular product can cause your portfolio to choke. The toy, a is called an Initial Coin Offering, a specialized bitcoin-like digital currency companies are using to raise money — instead of classic stock offerings. So far in 2017, ICOs… bitcoins | New York Post

"NY investigators probing bitcoin-like currencies worth $3.2B"

Cryptocurrencies now worth more than Goldman and Morgan Stanley combined

The aggregate value of all cryptocurrencies hit a record high of around $ 184 billion on Wednesday, according to industry website Coinmarketcap, making their reported market value worth around the same as that of Goldman Sachs and Morgan Stanley combined. The new peak came as the biggest and best-known cryptocurrency, bitcoin, hit a record high of… bitcoins | New York Post

"Cryptocurrencies now worth more than Goldman and Morgan Stanley combined"

NY investigators probing bitcoin-like currencies worth $3.2B

Wall Street has a new toy — and regulators are warning that some pieces of the popular product can cause your portfolio to choke. The toy, a is called an Initial Coin Offering, a specialized bitcoin-like digital currency companies are using to raise money — instead of classic stock offerings. So far in 2017, ICOs… bitcoins | New York Post

"NY investigators probing bitcoin-like currencies worth $3.2B"

An investing legend is making a killing after putting 1% of his net worth in bitcoin

The legendary investor Bill Miller is apparently bullish when it comes to cryptocurrencies. Miller told Forbes he invested 1% of his net worth into bitcoin in 2014, determining that the potential gains from a cryptocurrency boom outweighed the risk of a complete loss. Forbes reporter Antoine Gara writes that the investment has grown tenfold and that bitcoin is one of the top holdings of Miller’s hedge fund. In 2014, bitcoin traded between $ 183 and…

"An investing legend is making a killing after putting 1% of his net worth in bitcoin"

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"

The first investor in Snapchat thinks bitcoin could realistically be worth $500,000 by 2030

Bitcoin has been the top-performing currency in the world in six of the past seven years, climbing from zero to a value of about $ 1,190. But the cryptocurrency isn’t anywhere close to its potential, according to Jeremy Liew, the first investor in Snapchat, and Blockchain CEO and cofounder Peter Smith. In a presentation sent to Business Insider, the duo laid out their case for why it’s reasonable for bitcoin to explode to $ 500,000 by…

"The first investor in Snapchat thinks bitcoin could realistically be worth $500,000 by 2030"