Cryptocurrency

Wharton Professor Explains What All the Buzz Around Bitcoin is About

Credit: Alesia Kozik/pexels.comThe Wharton School's Mauro Guillén, a professor of international management, responds to inquiries about the increased interest.Elon Musk energized the possibilities for Bitcoin stock earlier this month when he promised that Tesla, Inc. will soon accept payment for its electric vehicles in the much-discussed but little-known currency.Mauro Guillén, previously the head of...

Bitcoin: Why Its Worth Has Rocketed Once Again

Bitcoin's journey into mainstream finance has achieved another significant milestone-- another record price. The cryptocurrency was trading at US$ 66,975 (₤ 48,456), after the launch of an exchange-traded fund (ETF), which has dramatically raised bitcoin's direct exposure to investors.The fund, that opened on October 19, permits investors to speculate on the future value of...