Bitcoin's a Pretty Good Guide to Animal Spirits, It Turns Out

“The price of Bitcoin is worth watching,” Morgan Stanley analysts including Michael Wilson wrote in a report Monday. “While we do not expect this relationship to continue to hold so tightly we do think it will be hard for price-to-earnings to move significantly higher or lower without a commensurate move in …
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Bitcoin 'has pretty much failed' as traditional money, says Bank of England's Mark Carney

Carney, who is due to address U.K inflation on Wednesday before a parliamentary committee, has offered a take this week on No. 1 cryptocurrency, bitcoin. The central bank boss said the following during a question and answer session at London's Regent's University: 'It has pretty much failed thus far …
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Bitcoin Transaction Fees Are Pretty Low Right Now: Here's Why (bitcoinmagazine.com)

The relatively high transaction fees on the Bitcoin network were a major topic of conversation last year, but these fees have been plummeting so far in 2018. According to data from CoinMetrics, bitcoin miners are now collecting less than a third of the value they were collecting in fees at one point in December 2017.So what’s causing…

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