Last June, Pope Francis received a Harley-Davidson motorcycle from the company. But the church recently made a decision to auction off such items to raise money for charity. The motorcycle, bearing the signature of Pope Francis, went on auction yesterday in Paris. Let's take a closer look at what went on…
Pope Francis has adopted some money saving measures since taking over as the head of the ... ››› more
The growing popularity of Bitcoin has certainly brought the use of virtual currencies into the public realm. Even the former chairman of the US Federal Reserve, Ben Bernanke, said that Bitcoin “may hold long-term promise”. Acceptance of using Bitcoin for payments is still in its infancy, but it's growing in spite of some governments trying to block its use. But could a better virtual currency ... ››› more
The world's central banks dominate fiscal history. And central banks are in a race to debase. Over the past decade this has been an accelerating trend. After a century of massively inflated fiat currencies worldwide, it's little wonder people have flocked to a totally independent form of new money. But that could all be changing. Read on to uncover what led to the emergence of virtual currencies... ››› more
$10,000 "invested" in Bitcoins a year ago would be worth roughly half-a-million dollars today… This "digital currency" is up around 5,000% in the past year… and that includes a (roughly) 30% fall over the last few months. With gains like that, Bitcoin is the "in" thing to talk about at cocktail parties today. It's fun to talk about. Read on to uncover if Bitcoin ticks the boxes as a currency o... ››› more
Last night it emerged that the US authorities arrested and charged two men with money laundering. One of the men is CEO of a well-known Bitcoin exchange and vice chair of the Bitcoin Foundation. Once again, controversy surrounds Bitcoin. Let's take a closer look at what happened…
Yet again Bitcoin is hitting the headlines for all the wrong reasons.
Yesterday, the US Department of Justice re... ››› more
Bitcoin certainly held a lot of people's attention last year as its price ping-ponged all over the place. And Bitcoin hit the headlines as some governments tried to ban its use. But what is going to happen to the infamous digital currency this year? Read on to uncover three prediction for Bitcoin in 2014...
As time goes on, a growing number of companies and investors are embracing Bitcoin, David... ››› more
Bitcoin exploded onto the financial world last year. But it immediately became enveloped in controversy, with just as many predicting its imminent doom as were declaring it a revolutionary form of money. The Bitcoin news in 2014 will have less drama. But it will be far more important to the fate of the digital currency. So what lies in store for Bitcoin this year? Read on to uncover two prediction... ››› more
Bitcoin is gaining popularity with web shoppers. For instance, unlike other forms of payment, it makes it increasingly difficult for companies to data mine your shopping habits. And the digital currency is only going to become more popular in its use. Read on to uncover more…
Bitcoin that is appealing to web shoppers, David Zeiler in Money Morning US explains…
Bitcoin’s anonymity makes ... ››› more
A recent data breach at Target, a large retailer in the US, is one of the worst breaches of credit card information ever. But if those millions of Target customers had been using Bitcoin instead of credit cards, the thieves couldn't have stolen any of their personal data. Read on to find out why…
The thieves who stole the credit card data from Target customers took the information from Target&... ››› more
The US-based digital currency startup Coinbase now handles transactions for more than 19,000 businesses and 750,000 individuals. As a result, Coinbase holds many bitcoins in its own wallet… Thereby exposing itself to the risk posed by Bitcoin's price volatility. And just like any other company whose profitability depends on the main commodity they trade in… They've found something that could p... ››› more
Bitcoin has had its fair share of controversy, especially over the last few months. And some governments have tried to ban it, including the Chinese and Indian governments. But so far, their bids to stop the spread of the digital currency are failing. Other governments have embraced it. Read on to find out what lies in store for the future of Bitcoin…
Thailand's Central Bank recently annou... ››› more
By now, you've heard stories of people becoming ‘Bitcoin Millionaires' overnight.
You've also heard stories of people losing fortunes over the virtual currency…
And you might think it has to do with the luck of the draw, but you couldn't be more wrong.
You see, there's a science behind Bitcoin investing. Just the same as with shares, bonds or derivatives…
Think about it.
Wo... ››› more
The world's two fastest-growing economies came down hard on Bitcoin in recent weeks. Dips followed, but ultimately the virtual currency began to slough off the news and continued to gravitate toward a loose, but tightening, trading range. Read on to find out how Bitcoin is shrugging off any intervention that stands in its way…
Less than three years ago, few but a small cadre of hard-core tech ... ››› more
Bitcoin fever has taken the world by storm. The digital currency has been attracting an increasing amount of attention over the last few months. Bitcoins appear to becoming an increasingly popular way of paying for goods. The number of retailers accepting the currency is growing and the currencies you can exchange for it. Read on to uncover four top facts about Bitcoin…
This virtual currency c... ››› more
As digital currencies gather momentum, the one winning the race at the moment is Bitcoin. Bitcoin has been making the headlines over the last few months as its price yo-yos all over the place: Down to $500, up to $1,000 and back to somewhere in between. And you might be surprised to learn some interesting facts about Bitcoin, such as, do you know only 21 million will ever exist? Read on to find ou... ››› more
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