Search Results for: Bitcoin
Why is bitcoin splitting again and what is bitcoin gold?
October 24th, 2017
Bitcoin is forking for a second time to form a new cryptocurrency called bitcoin gold, but why is this happening so soon after bitcoin cash? The stir caused by the forking of bitcoin into two different cryptocurrencies caused quite ...
Bitcoin market cap tops $128 billion for the first time in its history
October 23rd, 2017
Institutional investors are avoiding Bitcoin, saying it is the most crowded trade in global markets. On Monday, the crypto-currency experienced a surge in trading volume that boosted it to $7710 a coin ($US6026) and surpassed a market capitalisation of ...
Leading Expert Says Bitcoin Will Soar Above $25,000 in 5 Years
October 20th, 2017
More and more experts believe that the value of Bitcoin will only continue to go higher in the next couple of years. One expert finds it’s very likely bitcoin could replace gold as the standard of financial value, for ...
Is Bitcoin’s price fall of nearly 9 percent a healthy pullback?
October 19th, 2017
Bitcoin fell Wednesday after indications of greater scrutiny from U.S. regulators. At one point in the day, the digital currency declined by nearly $500, or about 8.7 percent to a low of $5,109.70, before regaining some of the lost ...
Former Fed Chief Bernanke described bitcoin as a “mostly speculative venture”
October 17th, 2017
Bernanke Thinks Bitcoin Will Fail (But He Likes Blockchain) What does the former head of the Federal Reserve think of a digital currency that operates outside the control of central banks? The answer, unsurprisingly, is not much. “Bitcoin is ...
Bitcoin shoots above $5,800 to record peak
October 13th, 2017
Bitcoin jumped to a fresh record high on Friday after breezing past the $5,000 mark on Thursday as the cryptocurrency rebounded after tumbling last month on increased scrutiny from regulators. Bitcoin rose as much as 7.4 per cent to ...
Breaking: Russia officially decided to regulate bitcoin and other cryptocurrencies
October 12th, 2017
The Russian government has decided to officially regulate the mining and circulation of cryptocurrencies. The decision was made at a meeting between President Vladimir Putin with officials and business leaders. “We have agreed on the following: the state should ...
Russia to ban Bitcoin Exchange websites, says Central Bank Official
October 10th, 2017
Russia will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor Sergei Shvetsov said on Tuesday. He called them “dubious”. Russian financial authorities initially treated any sort of money issued ...
Bitcoin Soars Close to Record High
October 10th, 2017
What wipeout? Buyers blew off fresh warnings about a bitcoin bubble and sent prices above $4,800 on Monday, capping a bullish October run for the digital currency. Prices reached as high as $4,820, which is near the record territory ...
Feds Miss out on $600 Million Payday in Silk Road Bitcoin Auction
October 9th, 2017
The U.S. Department of Justice recently claimed the proceeds from the sale of 144,336 bitcoins found in Ross Ulbricht’s laptop, gained from Silk Road’s seizure in 2013. Claiming the proceeds took a couple of years, and netted the government little over ...
