News

Why people are going crazy over bitcoin and other digital currencies

Bitcoin and other virtual currencies are on a tear this year, surpassing the returns seen in stocks, bonds and most other investments.

The price of bitcoin has tripled since the beginning of the year, surging above $3,000 for the first time Sunday before dropping by more than 10 percent the next day. Returns for ethereum — a lesser known but quickly growing cryptocurrency — have been even more dramatic: It’s gained nearly 5,000 percent, touching a record price of $407 Monday before coming down.

By Jonnelle Marte

Full Story: https://www.washingtonpost.com/news/get-there/wp/2017/06/14/why-people-are-going-crazy-over-bitcoin-and-other-digital-currencies/?utm_term=.a7d37fdacca0

***

Bonner, Montana company gets $416K grant to create 65 new jobs

Company is a data center that provides blockchain security services for the bitcoin network.

http://www.matr.net/article-77399.html

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.