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Bitcoin retreats as another cryptocurrency offshoot ...

Bitcoin retreats as another cryptocurrency offshoot appears

Wed, Oct 25, 2017 - 12:32 PM

[HONG KONG] First there was bitcoin, then bitcoin cash - and now there's bitcoin gold.

A new iteration of the cryptocurrency has been formed after some developers split the blockchain, the digitised ledger on which the bitcoin is based. Called bitcoin gold, the offshoot comes less than three months after...

Stock market rally set to continue but all eyes on bitcoin ...

Some stock investors are watching the violent rally in bitcoin and anticipating an equally violent selloff. That could cause spillover effects for broader markets.

PHOTO: BLOOMBERG

US stocks finished around record highs again last week as a strong jobs report and the prospects of tax cuts suggested economic growth - and stock market gains - will continue to accelerate.

The economy added 228,000...

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