陈业翀

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University in Cyprus Becomes First to Accept Bitcoin Payments

Bitcoin has taken yet another step into the realm of real life viability, as the University of Nicosia (UNic) in Cyprus decided to accept the digital …

Advertisers Seem to Care More Than Publishers About Seeing Ads

Advertisers have been pushing for the online ad industry to address ad viewability for the past several years. It's a reasonable goal, as brands …

Bitcoin Just Crashed For The Fourth Or Fifth Time Today

Bitcoin hits $700 during surprisingly friendly Senate hearing on the virtual currency

Bitcoin, the decentralized virtual currency that approximates cash on the internet, had a big day today. The four-year-old currency had its first hearing in Congress as experts from the government, the Bitcoin community, and the nonprofit sector appeared to discuss the implications of the growing …

Are Bitcoins The New Gold?

For more than four years, gold and Bitcoin prices moved in the same direction north — though Bitcoins followed a rather erratic pattern. But in the last twelve months, the two investment vehicles parted paths. Gold moved south, with SPDR Gold Shares (NYSE:GLD) losing close to 25 percent of its …

Analyst Predicts Bitcoin Will Go Over $1000 This Week: 'This Is A Classic Bubble'

As Bitcoin’s value continues its ridiculous climb, into the $600s and $700s on popular exchanges, a price forecasting analyst states the obvious, “This is a classic speculative bubble.” Based on its current momentum, he predicts that it may go as high as $1,700 within the week.<p><i>Disclosure: I own</i> …

China's Bold Reforms Are Bad News For Markets

China has unveiled its most sweeping reform agenda in more than 30 years, after a meeting of key Communist Party leaders in Beijing last week. The agenda aims to transition China to a more free-market consumer economy with fewer social controls. On the economic front, the plans include reducing the …

Chinese Stocks Soar After Reform Announcement

And the Nikkei fell slightly.<p>The big story of the day so far is the big rally in China. The Shanghai Composite gained 2.9% while Hong Kong's Hang Seng Index rallied 2.7%.<p>These gains came after China released the reform decisions made after the "Third Plenum" late Friday. The reforms included social …

China and bitcoin are going steady, but does Beijing approve?

blockchain.info<p>The mutual love affair between China and bitcoin shows no signs of losing steam. Today two related venture capital firms invested $5 million in BTC China, the digital currency’s biggest trading platform, and the value of bitcoins surged to an all-time high, due in part to Chinese …

Bitcoin Touches Record $600 Valuation

It’s been an interesting day for crypto-currency Bitcoin after its valuation passed $600 on a trading platform for the first time, while another major trading company (the world’s largest for Bitcoin) landed a $5 million investment.<p>Bitcoin seemed in trouble back in October when its valuation …

China's 'Big Four' Banks Are The Losers Of Sweeping New Reforms

Equity market investors are likely to cheer a plan to increase private ownership in state-owned enterprises, but the longer-term prognosis will likely vary across sectors.<p>The big losers could well be the "big four" state banks, ICBC <1398.HK><601398.SS>, China Construction Bank<0939.HK><601939.SS>, …

Bloomberg Suspends Reporter After Claims China Story Was Spiked

This article is from the archive of our partner .<p>The Bloomberg journalist who wrote a controversial spiked story about connections between Chinese …

It’s OK if your kid isn’t fluent in Chinese yet—that’s the bottom line of Larry Summers’ new research

A few years ago, my daughter’s school switched from Spanish once a week to Mandarin Chinese. Having studied both languages, I was very much opposed to the move, but the decision was made with little input. And so my 9-year-old is studying the language everyone says is our future.<p>Except Larry …

New York State considers licensing Bitcoin traders

On Friday, the New York State Department of Financial Services announced it will be holding a public hearing on virtual currency regulation, specifically considering whether a certification called "BitLicense" might help manage the spread of online currencies like Bitcoin. The new license would …