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Top News In நாணயம் மையம் நிர்வாகி இயக்குனர் ஜெர்ரி பிரிட்டோ Today - Breaking & Trending Today

Bitcoin: A symptom of market mania — or the new gold?

Bitcoin: A symptom of market mania or the new gold?
10 Jan, 2021 07:34 PM
6 minutes to read
Bitcoin is muscling in on a space long occupied by gold. Photo / Getty Images
Financial Times
By: Merryn Somerset Webb
The price of bitcoin has soared eightfold since March. It was US$5,000 (NZ$6,900) a coin then. It was over US$40,000 (NZ$55,000) this week.
It is one of the best-performing things you could have held since
the pandemic began. That will have felt great for its early adopters. But it now leaves pretty much everyone in the markets in something of a quandary.
Do we buy or do we sell? This is the royal we . . . my own bitcoin holding is not big enough to bother selling. Is the exponential rise in the price of bitcoin yet another symptom of the outbreak of speculative mania in markets, a spillover from the rampant overvaluation of the US tech sector that will eventually prove to have no intrinsic value at all and fal ....

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Expert reveals when you should buy Bitcoin

Expert reveals when you should buy Bitcoin
5 Jan, 2021 11:56 PM
5 minutes to read
Bitcoin remains volatile in the current market conditions. Photo / Getty Images
news.com.au
By: Kathy Skantzos
After surging past AU$42,000 (NZ$45,000) per coin for the first time in history, Bitcoin has started to pull back.
Will the world s most popular cryptocurrency plummet like it did in the past or continue to rally at high levels?
Australian market analyst Kyle Rodda has been watching closely at its activity.
Last night s price action showed how wild trading Bitcoin can be in the short-term, he said. It shed as much as around 17 per cent yesterday after coming close to that US$35,000 (AU$48,690) level, before bouncing back late in US trade once again. ....

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Out of Place Chinese Coins Prompt Wonder: Did Medieval Asia and Britain Interact?

Doubts Cast on the Chinese Coins
In 2018, the Portable Antiquities Scheme described the worn coin from Cheshire as a cast copper alloy piece minted during the Xining reign (1068 -1077 AD.) They declared “It is doubtful that this is a genuine medieval find (i.e. present in the country due to trade and lost accidentally) but more likely a more recent loss from an [sic] curated collection.” But Dr. Green worries the ‘loss from a curated collection’ explanation for unusual discoveries is overused, writing,
“although the possibility of a loss from a curated collection certainly cannot be discounted, it can be perhaps overused as an explanation for surprising finds as ....

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First Australian Coin of 2021 Honours Air Force

First Australian Coin of 2021 Honours Air Force
The first coin struck in 2021 will commemorate the centenary of the Royal Australian Air Force.
The Royal Australian Mint unveiled the theme on Friday, as excited coin collectors around the nation monitored the coin pressing in Canberra.
Three Royal Australian Air Force aircraft are featured on the reverse side of the $1 coin, alongside a soaring wedge-tailed eagle as depicted on its badge.
Inspirational stories showcasing “Heroes of the Sky” will also adorn packaging and include pilot officer Rawdon Middleton, sky wing officer Doris Carter, and warrant officers Harry Allie, John “Snow” Coughlan and Len Waters. ....

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Police searching for thief who stole $6,000 in coins

Police searching for thief who stole $6,000 in coins
VIDEO: Police searching for thief who stole $6,000 in coins
By Nick Reagan | December 28, 2020 at 6:57 PM EST - Updated December 28 at 11:47 PM
SUMMERVILLE, S.C. (WCSC) - Summerville police are investigating a burglary at Main Street Antiques where thousands of dollars in collectable coins were stolen Dec. 20.
Adam Coe has a booth at Main Street Antiques where he sells his coins. He says the value of the coins is about $6,000.
The owners of Main Street Antiques, Gary and Monica Bone, said a man they believe to be the thief was caught on security footage attempting to break into the display case earlier in the day by removing screws from the case. Security footage shows the same man wandering through the store and taking note of doors that lead to a garage warehouse for employees only. ....

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