Search Results for: Digital currency
Bitcoin jumps more than 20% from June low
June 19th, 2017
In less than three days, bitcoin bounced more than 20 percent from its low of the month. Developers appeared to reach some agreement on a technological upgrade that threatened to divide bitcoin in two. Bitcoin remains more than 150 ...
Bitcoin is suddenly on pace to have its worst week since 2015
June 16th, 2017
After surging briefly to an all-time high of $3,000, bitcoin has been undergoing a dazzling reversal of late, with the digital currency on track to post its worst weekly decline in more than two years. Bitcoin BTCUSD, +1.77% has ...
Goldman Sachs warned that the bitcoin price may be headed to bearish territory
June 14th, 2017
Wall Street banking giant Goldman Sachs warned its clients that the bitcoin price may be headed for bearish territory. In a recent client note, published by finance blog Zero Hedge, chief technician Sheba Jafari, offered his view on the ...
Cramer says it’s possible bitcoin could reach $1 million one day
June 8th, 2017
European banks are frantically trying to buy bitcoin so they can pay off ransomware, Jim Cramer says. “It’s a short-term way to be able to deal with cybersecurity,” he says. Cramer says it’s possible Bitcoin could reach $1 million ...
Bitcoin move over – there’s a new kid on the blockchain
May 30th, 2017
The digital currency bitcoin has broken new records – surging by more than 245 per cent since the start of the year. In just five months, the price of one bitcoin rose from $1,331 to its all-time-high of $3,894 ...
Bitcoin price hits $3,800 in South Korea: Factors of arbitrage & rising demand
May 25th, 2017
Bitcoin is being traded at over $3,800 in South Korea, with a 33.5 percent premium. Currently, global average bitcoin price is $2,514, which is closest to the bitcoin price listed by the US exchange market at $2,533. On May ...
Bitcoin’s price hits new all time high $2,322
May 24th, 2017
Earlier this morning, on May 24, bitcoin’s price established its new all-time high at $2,322 based on global average. Although analysts have attributed the recent bitcoin price surge to the strong performance and momentum of the Japanese bitcoin industry, ...
Bitcoin is Just $100 Away From Doubling its Price in 2017
May 20th, 2017
The price of bitcoin has hit a new high on the CoinDesk Bitcoin Price Index (BPI), reaching an $1,902 average across global exchanges. While one in a string of new all-time highs the digital currency has so far set ...
Australia will recognize Bitcoin as money and protect Bitcoin businesses, No Taxes
May 12th, 2017
Bitcoin will be treated as money in Australia by July 1, 2017, and will be exempt from goods and services tax (GST). Bitcoin traders and investors will not be taxed for purchasing and selling Bitcoin through regulated exchanges and ...
New regulations looming for bitcoin trading in China
May 11th, 2017
Beijing is expected to issue new rules for bitcoin trading in China next month as the cryptocurrency’s price on the country’s trading platforms keeps hitting new highs. According to a Beijing-based media company Caixin citing anonymous sources; the People’s ...
