Skeptics and believers of Bitcoin will have trouble predicting the future of the cryptocurrency after a series of volatile swings pushed its price to a record high then dropped to less than half that value. These abrupt changes underscore the extremely speculative …Continue reading
Year Roundup: TR Pakistan’s Top Five Stories in 2017
As we bid farewell to 2017, MIT Technology Review Pakistan looks back at some of its most popular stories in the year. These stories cover a diverse range of topics, from e-commerce and cryptocurrencies to medical research. Lunda goes online in Pakistan: …Continue reading
Bitcoin Crosses Historic High of $10,000 and Then Drops Sharply
The value of digital currency bitcoin touched the $11,000 mark on Wednesday after it climbed by $3,000 in a week. According to CoinDesk, bitcoin’s value rose by $1,000 in just 12 hours and then dropped by more than 18 percent from a …Continue reading
After Reaching a Record High of $5,000, Bitcoin Price Falls Sharply Before Recovery
After crossing a record-high valuation of $5,000 per coin on September 2, the price of Bitcoin fell by up to 20 percent this week. By Thursday, however, the crypto currency regained value and was trading at $4,600. The fall in value has …Continue reading
Bitcoin Is Now Worth More Than $4,000
Bitcoin, the digital currency, has set a new record and is now being valued at more than $4,000 since August 13. The price of the cryptocurrency has been steadily rising this year and is now worth more than four times what it …Continue reading
Can Cryptocurrency Work in Pakistan?
The 21st century ushered in the era of Facebook, 4G, Bluetooth and even the Google Driverless Car; it also brought with it new technological innovation in the financial sector. With the advent of fintech aka financial technologies, came cryptocurrencies like bitcoins which …Continue reading