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  • Three reasons why this time is different for bitcoin

    Three reasons why this bitcoin surge is not the same

    cnbc.com 26 May '17, 5pm

    This year, Japan's government recognized the digital currency as a legal form of payment, spurring a flurry of activity in new exchanges. Major retailers also began accepting bitcoin for purchases. In the U.S., high-profile companies like Overstock.com began accepting bitcoin in 2014 ...

  • Bitcoin rival Ripple is suddenly sitting on many billions of dollars worth of currency

    Bitcoin rival Ripple is sitting on many billions of dollars of XRP

    cnbc.com 26 May '17, 9am

    Blockchain start-up Ripple is in a precarious position for a 5-year-old company. The business is still in its very early days but suddenly has billions of dollars worth of cryptocurrency on its balance sheet. Ripple, which built a digital payments network for real-time financial trans...

  • Ethereum, the bitcoin rival that has rallied 2,700%, is headed for a 38% correction, analyst says

    Ethereum is headed for a 38% correction after big price rally, analyst says

    cnbc.com 26 May '17, 11am

    Ethereum, a rival cryptocurrency to bitcoin that has rallied over 2,700 percent this year, could be due for a correction to the tune of 38 percent, according to one analyst. On January 1, ethereum was trading at just under $8 and has risen to a record high of $227.26 on Wednesday, mar...

  • Coach launches tender offer to acquire Kate Spade

    Coach launches tender offer to acquire handbag maker Kate Spade

    cnbc.com 26 May '17, 11am

    Coach has launched a formal tender offer to acquire its rival handbag maker, Kate Spade , for $18.50 per share in cash, the company announced Friday morning. Earlier this month, Coach announced its plans to make a deal to buy Kate Spade for $2.4 billion, in an effort to make the brand...

  • Here comes the ICO, a wild new way for cryptocurrency start-ups to raise money

    Cryptocurrency start-ups raising money through initial coin offerings

    cnbc.com 25 May '17, 4pm

    Start-ups building applications on blockchain are launching ICOs to raise capital without giving up big equity stakes in their companies and to drive interest and usage of their product. Currently, the market is almost entirely unregulated. In its purest form, an ICO looks like a Kick...

  • Bitcoin is near a level that could start a 47% correction, but some see it headed to $6,000

    Bitcoin could see a 47% correction, but some say it's going to $6,000

    cnbc.com 25 May '17, 12pm

    Bitcoin is close to hitting a price that could see a 47 percent correction, according to one analyst, following a huge rally for the cryptocurrency that has led it to record highs. On Thursday, bitcoin hit an all-time high of $2791.70, according to CoinDesk data, marking a 180 percent...

  • Bitcoin plunges more than $300, goes negative after earlier hitting all-time high

    Bitcoin plunges more than $300, goes negative after earlier hitting all-time high

    cnbc.com 25 May '17, 12pm

    Bitcoin jumped more than 12 percent Thursday to an all-time high of $2,791.70 before plunging and giving up the day's gains. The rise, based on strong demand out of Asia, had brought its gains for the month of May to more than 100 percent, according to CoinDesk. But the digital curren...

  • Bitcoin surges to record above $2,500, bringing 2017 gain to more than 150%

    Bitcoin surges to record above $2,500

    cnbc.com 24 May '17, 2pm

    Bitcoin jumped to a record Wednesday after a late Tuesday announcement from the Digital Currency Group alleviated worries about a fractious debate among cryptocurrency investors and technological developers. Fifty-six companies around the world and 83 percent of bitcoin miners support...

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