Search Results for: Bitcoins
Bitcoin Drops $100 in One Hour
May 5th, 2017
The price of bitcoin took a sudden nosedive at 18:40 UTC today, dropping $100 from $1,594 to $1,495 over the course of just an hour of trading. At press time, the price of bitcoin had recovered to $1,511 on ...
Bitcoin to gain legal status in India, reports local media
April 21st, 2017
A televised news report from CNBC India on 20th April reveals that the Indian government is leaning toward granting legality to bitcoin and virtual currencies in the country amid regulations with taxes to be levied on adopters. Last week, ...
Is bitcoin here to stay? Why cryptocurrency isn’t just a fad
April 14th, 2017
Cryptocurrencies like bitcoin should no longer be considered a passing fad, according to Cambridge experts who have carried out the first in-depth study of the sector. The first global benchmarking study of cryptocurrency, encrypted digital currency used to make ...
Bitcoin Price Run Reaches $1,200
April 7th, 2017
The bullish bitcoin price trend continues in a strong start to April as price breaches $1,200 on the Bitstamp Price Index (BPI) in the late hours of Thursday (UTC). In a month where Japan began recognizing bitcoin, the world’s ...
Bitcoin Could Soon Be Accepted at 260,000 Stores in Japan
April 5th, 2017
Japan’s legal classification of bitcoin as a payment method is set to trigger a bitcoin boom in adoption as retailers make haste to accept the world’s most popular cryptocurrency. Late last year, Japanese officials took the formal decision to ...
Cryptocurrency exchange platform raised millions to grow its platform
March 31st, 2017
ShapeShift, a cryptocurrency exchange platform that converts between blockchain-based tokens, has raised $10.4 million in a series A round led by Earlybird Venture Capital, with participation from Lakestar, FundersClub, Blockchain Capital, Pantera Capital, and Access Venture Partners. Founded out ...
A Bitcoin civil war is threatening to tear the digital currency in 2 — here’s what you need to know
March 27th, 2017
There’s a civil war in the bitcoin community over the digital currency’s future. Developers, miners, and other stakeholders are locked in a heated debate over how best to scale the network, with chances steadily rising of irreconcilable differences causing ...
Alert: High Bitcoin prices inspire a wave of scams
March 24th, 2017
Earlier this month, the price of a single Bitcoin eclipsed the price of an ounce of gold for the first time ever. This news, coupled with the exploding adoption of its underlying technology – blockchain – beyond the financial world, ...
Millions of hacked Bitcoin accounts offered for sale on dark web
March 23rd, 2017
A famous Dark Web vendor known by their handle of “DoubleFlag” is selling databases of eleven Bitcoin forums on a popular dark web marketplace. The databases were stolen between 2011 to 2017 from widely visited forums providing information about ...
Bitcoin Exceeds $20 Billion in Market Cap
March 7th, 2017
The soaring gains made by bitcoin in its latest bullish run in 2017 has seen the cryptocurrency’s market capitalization now exceed $20 billion for the first time in its history. Bitcoin’s price rally and a few stumbles have already ...