The Winklevoss twins may have lost out on Facebook, but they have won big on bitcoin.
Buying bitcoin is just a form of gambling, says Francisco García Paramés, Spain’s best-known fund manager – and he doesn’t see the appeal.
Cryptocurrencies – bitcoin in particular – are the bull market of the decade. It’s just possible the price of one bitcoin could hit $100,000, says Dominic Frisby. Here’s why.
The Turkish lira slipped by more than 5% against the US dollar in October alone, and is now close to revisiting January’s all-time lows.
Matthew Partridge holds steady with his latest bet on the cryptocurrency, bitcoin.
A weak US dollar is usually a good thing for stocks, says John Stepek. So it will be interesting to see how much higher it can go before it impacts on earnings.
The South African rand slipped by almost 3% last week, its worst five-day showing since August amid worries that President Jacob Zuma may be set to sack his competent and economically literate deputy Cyril Ramaphosa.
Cryptocurrency Ripple was created by a California-based start-up of the same name as a way for financial institutions to make cross-border payments quickly and securely.
For now, the bitcoin bulls are winning big. But Matthew Partridge thinks it might be time to bet on a pullback.
Tourism is booming, the current account is in surplus, and the yield on local assets is enticing. No wonder the Thai baht has risen by 8% against the US dollar this year.
It’s easy to beat yourself up about missed investment opportunities that made fortunes for those who bought in early. But it does nobody any good, says Dominic Frisby.