It has become an article of faith that the Bitcoin price is volatile.
And when Bitcoin burst into the public consciousness back in 2013, it was true. Bitcoin prices soared 8,500% in 2013 only to fall 85% by January of this year.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
It has become an article of faith that the Bitcoin price is volatile.
And when Bitcoin burst into the public consciousness back in 2013, it was true. Bitcoin prices soared 8,500% in 2013 only to fall 85% by January of this year.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
It has become an article of faith that the Bitcoin price is volatile.
And when Bitcoin burst into the public consciousness back in 2013, it was true. Bitcoin prices soared 8,500% in 2013 only to fall 85% by January of this year.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
The revolutionary potential of the Bitcoin blockchain - the technology underlying the digital currency - is what led nine of the world's big banks to join together to study ways to apply it to the global financial markets.
The new partnership will focus on exploring ways the big banks can use the Bitcoin blockchain to save time and money across a wide range of financial activities.
Here's what this partnership is planning - and what it means for Bitcoin...