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Bitcoin Prices

Article Index

Bitcoin Hedge Fund Partnership Shows Interest from Pro Investors Rising

By , Associate Editor, Money Morning • @DavidGZeiler -

Several big investment firms said yesterday (Tuesday) that they are buying stakes in a Bitcoin hedge fund - yet another sign that major players in the investing world are getting serious about the digital currency.

bitcoin hedge funds

Fortress Investment Group, with about $58 billion in assets under management, along with venture capital firms Benchmark Capital and Ribbit Capital, are teaming up with San Francisco-based Pantera Bitcoin Partners LLC, a hedge fund operator that buys and sells digital currencies like Bitcoin.

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Why Warren Buffett Is Wrong About Investing in Bitcoin

By , Associate Editor, Money Morning • @DavidGZeiler -

Warren Buffett didn't get to be a billionaire by being wrong, but it's clear from what he's been saying about investing in Bitcoin that he just doesn't get the digital currency.

Last Friday on CNBC, Buffett, the chairman of Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B), unleashed his second dismissal of Bitcoin this month.

"Stay away from it," Buffett said during a panel discussion. "It's a mirage, basically."

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Latest Bitcoin News: More Mt. Gox Fallout, Contradictory Regulators

By , Associate Editor, Money Morning • @DavidGZeiler -

Latest Bitcoin news: This week saw more developments in the Mt. Gox bankruptcy, while major banks and regulators continue to struggle to understand the digital currency.

On Monday Mt. Gox filed for Chapter 15 bankruptcy in the United States to protect itself from a class action lawsuit that was recently filed in Chicago as well as a year-old case involving CoinLab Inc., which sued Mt. Gox for breaching a contract.

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Latest Bitcoin News: Creator Satoshi Nakamoto Found - Or Not

By , Associate Editor, Money Morning • @DavidGZeiler -

The latest Bitcoin news for the week of March 2-7: The discovery by a Newsweek reporter of the identity of the creator of Bitcoin, Satoshi Nakamoto, was easily the biggest Bitcoin news this week.

A mystery since the first Bitcoin proposal paper appeared in 2009 bearing that name, most assumed Satoshi Nakamoto was a brash young Tokyo developer, or a group of programmers using a common pseudonym.

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Bitcoin News: Mt. Gox Bankruptcy Barely Dents Prices

By , Associate Editor, Money Morning • @DavidGZeiler -

The troubled Mt. Gox exchange officially filed for bankruptcy today (Friday) in Japan, but this Bitcoin news was so much expected that prices on other exchanges hardly moved.

Bitcoin prices on most major exchanges briefly dipped about 5% on the news, but recovered quickly. The composite Bitcoin price on CoinDesk was $565 at midday, down less than 2% for the day.

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How to Buy Bitcoin

By , Associate Editor, Money Morning • @DavidGZeiler -

With Bitcoin constantly in the news, more and more people want to know how to buy Bitcoin themselves.

And who can blame them? Any investment that can go from $13 to more than $1,000 in less than a year is worth paying attention to.

And warnings from the mainstream media that Bitcoin is a bubble ready to burst at any moment have proven false time and time again. Bitcoin prices have dropped on bad news, but almost immediately rebound; that's not what bubbles do.

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This Is Not the End of Bitcoin

By , Money Morning -

Bitcoin news this week has revolved around the closing of the Mt. Gox Bitcoin exchange and reports of Bitcoin theft.

That has some analysts wondering if this is the end of Bitcoin.

Money Morning's Defense & Tech Specialist Michael Robinson appeared on FOX Business' "Varney & Co." today (Wednesday) and detailed why this is not the end of Bitcoin. In fact, there are numerous reasons why Bitcoin will be around long term.

Take a look...

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This Is What the Best Bitcoin Exchange Should Look Like

By , Associate Editor, Money Morning • @DavidGZeiler -

About a year ago, many in the Bitcoin community saw Mt. Gox as the best Bitcoin exchange, and it certainly was the most popular, with about 80% of the global trading volume.

But after a series of problems and a long decline, Mt. Gox shut down on Monday. So many Bitcoin traders are asking, what's the best Bitcoin exchange now?

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Getting Back Lost Bitcoins from Mt. Gox - What Customers Can Do

By , Associate Editor, Money Morning • @DavidGZeiler -

With the Mt. Gox Bitcoin exchange offline - at least for now - a primary concern of customers who had accounts there is getting back lost bitcoins - can they be retrieved?

The exact number of Mt. Gox customers at the time the website went dark is uncertain, but as of last December the exchange said it had 1 million.

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What Is Bitcoin? Here's Everything You Need to Know

By , Associate Editor, Money Morning • @DavidGZeiler -

What is Bitcoin? Many people just finding out about the digital currency are justifiably confused, as most Bitcoin news stories only provide a cursory explanation. And many of them have made matters worse by using photos of "bitcoins," when in fact bitcoins have no physical existence. They exist only as digital code on the Internet. […]

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