businessinsider.com Archives - 19 November 2017, Sunday

  • Bitcoin bursts through $8,000 — via @BIAUS https://t.co/t1AijJHdnA

    Bitcoin bursts through $8,000

    businessinsider.com 17 Nov '17, 1am

    Bitcoin pushed past $8,000. Prices rebounded after it fell as low as $5,600 over the weekend. The surge comes amid more regulatory developments in the cryptocurrency market. Bitcoin (BTC) demand is ramping up to end the week, with the world’s biggest cryptocurrency pushing through $8,...

  • Where NYC elite sells Rolexes and Birkin bags

    businessinsider.com 16 Nov '17, 5pm

    Eleanor Walper inspects a yellow, radiant-cut diamond at The New York Loan Company. Sarah Jacobs/Business Insider The New York Loan Company sells items like $30,000 Hermès Birkin bags and fine jewelry. Its professional staff and tight security make it unlike any other pawn shop experi...

  • Mark Cuban predicts LaVar Ball will send Trump Big Baller sneakers for Christmas

    Mark Cuban: LaVar Ball will send Trump Big Baller sneakers

    businessinsider.com 15 Nov '17, 6pm

    Mark Cuban. Streeter Lecka/Getty Images Billionaire businessman Mark Cuban weighed in on a potentially impending feud between President Donald Trump and outspoken businessman LaVar Ball. Cuban predicted that Trump would soon be wearing Big Baller brand apparel in the White House. Bill...

  • Why you should travel with a Rolex, according to expert

    businessinsider.com 09 Nov '17, 3pm

    A Rolex can be a great travel tool — for the right person. Getty/Astrid Stawiarz Rolex watches are so valuable, they can be used as currency. Philippe Cousteau told Bloomberg that he never travels without it, as everyone understands the value of a Rolex. Still, the watch has to be som...

  • Bitcoin price surges prior to update

    Bitcoin price surges prior to update

    businessinsider.com 06 Nov '17, 2pm

    A new cryptocurrency is by no means certain, meaning Bitcoin investors hoping to double their holdings may be disappointed. The outcome of the software update isn't set in stone, and the scenario outlined above may not occur. If a majority decision on the new rules, either for or agai...

  • Check out Singapore Airlines' stunning new Airbus A380 luxury suites

    Singapore Airlines' new Airbus A380 luxury suites: Pictures, details

    businessinsider.com 02 Nov '17, 4pm

    The new Singapore Airlines Airbus A380 suite. Singapore Airlines Singapore Airlines has unveiled the new interior for its fleet of Airbus A380s. Features include an all-new first class suite, business class seat, as well as new premium economy, and economy products. The new interior f...

  • via @clusterstock

    Bitcoin is skyrocketing because 2 of the biggest exchange groups in the world are launching bitcoin futures — here's what that means -

    businessinsider.com 01 Nov '17, 8pm

    A trader signals an offer in the Eurodollar pit at the CME Group prior to the Federal Reserve's announcement that interest rates would remain unchanged November 2, 2011 in Chicago, Illinois. Scott Olson/Getty Images CME Group, a leading marketplace for derivatives which handles 3 bill...

  • 6 new workwear brands every woman should know

    businessinsider.com 31 Oct '17, 9pm

    The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships so we get a share of the revenue from your purchase. Of Mercer Getting dressed for work as a woman can be difficult; it takes longer to do than the guy who can throw on a suit, ...

  • Bitcoin gets bashed by banks

    Bitcoin gets bashed by banks

    businessinsider.com 30 Oct '17, 1pm

    Big banks will probably only reverse their position on Bitcoin following regulatory change. While we're seeing smaller banks and a growing number of asset managers agreeing to give their clients exposure to Bitcoin, big banks will likely need much more convincing before they follow su...

  • Singapore will stop adding cars to the roads in 2018

    Singapore to stop adding cars to roads in February 2018

    businessinsider.com 26 Oct '17, 2pm

    Joan Campderrós-i-Canas Singapore will not allow its personal car population to grow starting in February. Singapore's ban is part of an effort to conserve land; 12% of the island's land area is taken up by roads. The city-state is planning to invest billions in public transit. SINGAP...

  • I spent a day trying to pay for things with bitcoin and a bar of gold

    businessinsider.com 24 Oct '17, 3pm

    Ray Dalio , the founder of the largest hedge fund in the world, told Henry Blodget that investors should have 5% to 10% of their portfolio in gold. During that same interview, Dalio called bitcoin a "speculative bubble" and said "bitcoin is not an effective medium exchange by and larg...

  • How to value a bitcoin with Tom Lee of FundStrat

    businessinsider.com 18 Oct '17, 7pm

    : Yes, that’s right, and it's really — what we were trying to do is recognize that the creation of value in the future is in the digital world. I mean, all future great business are going to be digital. And with that concept, bitcoin represents a store of value because it's an encrypt...

  • Business Insider - Bitcoin isn't money, it's a 'censorship-resistant asset class'

    Bernstein on whether Bitcoin is money

    businessinsider.com 11 Oct '17, 4pm

    Dana Byerlee, 33, of Santa Monica, prepares to use one of Southern California's first two bitcoin-to-cash ATMs, in Locali Conscious Convenience store in Venice, Los Angeles, California, June 21, 2014. REUTERS/Lucy Nicholson LONDON – Cryptocurrency Bitcoin isn't technically money in th...

  • Synthetic diamonds can cost up to 40% less than mined diamonds

    businessinsider.com 11 Oct '17, 1pm

    They are real diamonds. That's what the industry behind diamonds made inside a scientific laboratory wants you to believe. "All the composition is exactly the same. It is a real diamond. What we've done is we've just taken what's happened in nature and just put it in a lab," said Kell...

  • Bitcoin hits a record high above $4,900

    Bitcoin hits a record high above $4,900

    businessinsider.com 10 Oct '17, 6pm

    Bitcoin hit an all-time high, according to data from Bloomberg. MI Bitcoin broke through a new ceiling on Tuesday amid regulatory uncertainty and mounting criticism. The price of the red-hot cryptocurrency soared passed $4,900 Tuesday afternoon to $4,926, an all-time high for the cryp...

  • This 39-year-old man in The Netherlands sold everything he owned in exchange for bitcoin

    A man in The Netherlands sold everything he owned for bitcoin

    businessinsider.com 10 Oct '17, 6pm

    A 39-year-old man in The Netherlands, Didi Taihuttu, sold everything he owned in exchange for bitcoin. After his father's death, he sold his business and spent nine months traveling the world with his wife and three daughters. During his travels, he met people who were using digital c...

  • JPMorgan and Singapore's wealth fund lead $100 million investment in Silicon Valley startup

    JPMorgan and Singapore's wealth fund lead $100 million investment in Silicon Valley fintech

    businessinsider.com 10 Oct '17, 1pm

    FILE PHOTO: People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York Thomson Reuters NEW YORK (Reuters) - JPMorgan Chase & Co and Temasek Holdings have led a $100 million investment in Bill.com, a Palo Alto, California-based company that helps ...

  • A manager at a $6 billion quant fund gives the best intro to cryptocurrencies we've heard

    Patrick O'Shaughnessy, quant fund manager, has a new bitcoin podcast

    businessinsider.com 28 Sep '17, 5pm

    Patrick O'Shaughnessy of O'Shaughnessy Asset Management. LinkedIn Patrick O'Shaughnessy vividly recalls the week he was introduced to the world of cryptocurrencies. O'Shaughnessy, a manager at his family's $6 billion quant asset manager of the same name, was chatting with one of his a...

  • A former CIO at $72 billion Fortress is starting a $500 million cryptocurrency hedge fund

    Bitcoin price bubble is getting Novogratz into crypto

    businessinsider.com 27 Sep '17, 5pm

    Michael Novogratz. Thomson Reuters The explosive growth of the cryptocurrency market has converted Mike Novogratz, a former manager at Fortress, the $72 billion money manager, into a bitcoin evangelist. And now he's reportedly raising $500 million for a new cryptocurrency hedge fund, ...

  • How the Apple Watch just became the number one watch in the world

    businessinsider.com 12 Sep '17, 7pm

    The Apple Watch has hit a major milestone. Apple Apple has finally achieved a major milestone with its Apple Watch. The company's CEO Tim Cook told attendees that the tech giant now sells the number one watch in the world, leapfrogging Rolex in the process. Cook also said the Watch sa...

  • Bitcoin slides after Jamie Dimon bashes the cryptocurrency

    Bitcoin slides after Jamie Dimon bashes the cryptocurrency

    businessinsider.com 12 Sep '17, 6pm

    Bitcoin is trading down Tuesday afternoon after one of the most powerful men on Wall Street said the red-hot cryptocurrency is in a bubble worse than any other in history. Jamie Dimon, the CEO of JPMorgan, called bitcoin "a fraud" and "worse than the tulip bulbs" bubble of the 1600s w...

  • Russia wants to regulate cryptocurrencies

    Russia wants to regulate cryptocurrencies

    businessinsider.com 08 Sep '17, 3pm

    Servers for data storage are seen at Advania's Thor Data Center in Hafnarfjordur, Iceland Thomson Reuters MOSCOW (Reuters) - Russia's finance ministry wants to regulate the circulation of crypto-currencies involving Russian citizens and firms, Finance Minister Anton Siluanov said on F...

  • SURVEY: The majority of CoinDesk readers think there's a bubble in cryptocurrencies

    SURVEY: The majority of CoinDesk readers think there's a bubble in cryptocurrencies

    businessinsider.com 07 Sep '17, 5pm

    CoinDesk The explosive growth of the cryptocurrency market even has readers of blockchain news site CoinDesk thinking there is a bubble in the $164 billion market. Since the beginning of the year, the market cap for digital coins has increased $146 billion, according to data from Coin...

  • The Navy is transporting damaged destroyer USS John McCain from Singapore to Japan

    The Navy is transporting damaged destroyer from Singapore to Japan

    businessinsider.com 07 Sep '17, 1pm

    The U.S. Navy guided-missile destroyer USS John S. McCain is seen after a collision, in Singapore waters Thomson Reuters SINGAPORE (Reuters) - The U.S. Navy plans to transport the USS John S. McCain to Japan for a full damage assessment after a collision last month in which ten sailor...

  • The world's largest preschool opened in Singapore — and it costs $21,000 a year for a 3-year-old to attend 5 days …

    The world's largest preschool just opened in Singapore

    businessinsider.com 31 Aug '17, 6pm

    The mega campus takes up a space equivalent to seven football fields. Stamford American International School/Facebook As every parent can attest to, education is not something to take lightly when it comes to the future success of their child. Learning starts at an early age, so even ...

  • Why Australian startup founders are escaping to Singapore - Business Insider

    Why Australian startup founders are escaping to Singapore

    businessinsider.com 15 Aug '17, 10pm

    Business Insider Australia Business Insider Australia is the Australian edition of the world’s fastest-growing business news website, Business Insider. Recent Posts AUSTRALIAN STOCKS CLIMB: Here's what you need to know Here's everything you need to know about the Australian marriage.....

  • Bitcoin flies past $3,500 for the first time

    Bitcoin price surpasses $3,500

    businessinsider.com 11 Aug '17, 2pm

    Bitcoin 's upward march into record territory continued Friday as the cryptocurrency blew past $3,500. It's trading up 3.9% at $3,566 a coin. The cryptocurrency has been on a tear this week, gaining 24%, as investors appear more sure about its future following years of uncertainty ove...

  • Henry Blodget: Bitcoin could go to $1M or it could drop to $1

    businessinsider.com 11 Aug '17, 2pm

    Bitcoin hit new highs this week, and Business Insider CEO Henry Blodget is calling it the "perfect asset for a speculative bubble." The cryptocurrency recently "forked," which resulted in every coin being split into one coin, and one unit of something called bitcoin cash. Now the ques...

  • The Bottom Line: Bitcoin after the split and Julia Coronado

    businessinsider.com 10 Aug '17, 9pm

    Stock indices forged ahead to make new highs before escalating political tensions between the US and North Korea spurred some mid-week selling. Business Insider CEO Henry Blodget discusses the many yellow flags that have been raised about the sustainability of the equity rally. Jeffre...

  • Bitcoin cash plunges as investors look to dump their coins

    Bitcoin cash price amid sell off

    businessinsider.com 10 Aug '17, 8pm

    Bitcoin cash is down 12%. Wathiq Khuzaie / Stringer / Getty Images The price of bitcoin cash, a spinoff cryptocurrency of bitcoin, has taken a beating over the last 24 hours as investors look to dump their coins. According to data from Coinmarketcap.com , bitcoin cash is down about 12...