Search Results for: Bitcoin exchange
Bitcoin hits a record high, but can it rival gold as a safe haven?
January 5th, 2017
With economic and geopolitical risks on the rise, bitcoin boosters are championing the ability of their crypto-currency, which hit an all-time high this week, to rival gold as a safe-haven play. “When the existing money system has problems, people ...
Legal Sparring Continues in Bitcoin User’s Battle with IRS Tax Sweep
January 3rd, 2017
In a strange twist, Coindesk reports that the IRS has, somewhat indirectly, removed one target from its broad request for data about U.S. users of the Bitcoin exchange Coinbase. It no longer wants data about Jeffrey Berns, a lawyer ...
Bitcoin price jumped above $1,000 for the first time in three years
January 3rd, 2017
It has been a bumper year for bitcoin. Having risen in value in 2016 by 125 percent the digital currency started the new year by jumping above $1,000 for the first time in three years. As most bitcoin trading ...
Bitcoin best performer of 2016, outlook bullish for next year
December 27th, 2016
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 Bitcoin has emerged as the most remunerative asset in 2016. Analysts are bullish on the asset class which has surpassed almost all others. Even gold, which was ...
Value of bitcoins in circulation hits record high of $14bn
December 23rd, 2016
Price per coin at $875 as cryptocurrency’s value doubles in a year, with experts linking it to depreciation of Chinese yuan The total value of all bitcoins in circulation hit a record high above $14bn (£11bn) on Thursday, as ...
World-first listing on CISE for global bitcoin fund
December 21st, 2016
Global Advisors Investment Fund plc (GABI) has today been admitted to the Official List of the Channel Islands Securities Exchange (CISE) to become the first regulated bitcoin fund to be listed on any exchange globally. The CISE has approved ...
Bitcoin crushed every other currency in 2016. Here are five reasons why
December 20th, 2016
Bitcoin, that nebulous digital currency that trades in cyberspace and is “mined” by code-cracking computers, emerged as a better bet this year than every major currency, stock index and commodity contract. The electronic coin that trades – and is ...
Bitcoin soars to nearly three-year high in wake of China volatility
December 15th, 2016
Digital currency bitcoin on Tuesday surged to its highest in nearly three years as investors bought the asset in a supposedly safe-haven bid in the midst of volatility in the Chinese stock market. On Tuesday, bitcoin climbed as high ...
Bitcoin hits highest levels in almost three years
December 12th, 2016
Web-based digital currency bitcoin hit its highest levels in almost three years on Friday, extending gains since India sparked a cash shortage by removing high-denomination bank notes from circulation a month ago. Bitcoin was trading as high as $774 ...
The price of Bitcoin could hit more than $2,000 in 2017
December 7th, 2016
The price of Bitcoin could hit more than $2,000 in 2017 driven by expectations that U.S. President-elect Donald Trump may introduce economic stimulus policies, which could send inflation soaring and propel the dollar to record highs, a report from ...
