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Why the end may be near for bitcoin — but just maybe

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The rise has been breathless: From a recent low of $3,226 on Sept.14, bitcoin pushed past $17,000 on Thursday, an incredible gain of more than 400 percent in less than three months. Is this a massive bubble? The consensus seems to be “yes — but the technology will last” with …

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Bitcoin tops $15,000, surging 25 percent in 36 hours

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Last Updated Dec 7, 2017 9:17 AM EST Bitcoin reached a record price of more than $15,000, with the virtual currency surging more than $3,000 in 36 hours. That places the value of the entire crytocurrency market at more than $400 billion, according to Coinmarketcap.com. At the same time, a …

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Winklevoss twins become first "bitcoin billionaires"

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Last Updated Dec 4, 2017 5:34 PM EST Tyler and Cameron Winklevoss, twins who made a prescient $11 million investment in bitcoin, are reportedly now billionaires, thanks to that 2013 bet. The brothers had first gained notoriety more than a decade ago when they unsuccessfully sued Facebook (FB) CEO Marc …

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Tech stocks and bitcoin go wild — in opposite directions

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Wall Street saw fireworks on Wednesday, as technology stocks got hammered in what looks like “rotation” selling run amok. The FAANG stocks and semiconductors (leading issues for the market in 2017) suffered as wild selling on Nasdaq led to their worst falls in months. But bitcoin also went wild, rising above …

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Steve Jobs' BMW up for auction

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NEW YORK – Admirers of Steve Jobs may never drive technology to the cutting edge, but at least they can drive his car. The late Apple founder’s 2000 BMW Z8 convertible is one of 30 vehicles up for auction in December in Manhattan, and the price is only $300,000. That’s …

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NBA star delivers aid to Puerto Rico

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DALLAS — Dallas Mavericks point guard J.J. Barea extended a hand to his home country of Puerto Rico to assist those impacted by Hurricane Maria. CBS Dallas / Fort Worth reports Barea woke up early on Tuesday and brought much needed supplies and relief to residents on the island. The NBA …

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3 Cabinet officials under fire for taking costly flights

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WASHINGTON — For EPA Administrator Scott Pruitt, June 7 was a busy day. First, he had a trip to Cincinnati with President Trump. Then, he went on to New York’s JFK Airport on an Air Force jet, leaving behind $350 commercial flights and sticking taxpayers with a bill for at …

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Why Princess Diana conspiracies refuse to die

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Derek Arnold is an Instructor in Communication at Villanova University August 31 is the 20th anniversary of the stunning, tragic death of Princess Diana in Paris, France, when Diana’s chauffeured Mercedes hit a pillar inside an underpass just after midnight, killing her, her boyfriend, Dodi Al Fayed, and her driver, Henri Paul. …

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A sea change on Wall Street?

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A growing list of concerns points to a sharp market pullback in the weeks to come. And thus, the short reprieve investors enjoyed on Friday — with large-cap stocks posting modest gains — may not last long.  U.S. equities suffered their steepest pullback in months on Thursday, pushing the Dow …

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