Search Results for: digital currency
Bitcoin passes the $800 mark
December 22nd, 2016
The digital currency bitcoin has passed the $800 value for the first time since February 2014. Bitcoin crossed the threshold around 11:40pm GMT and is currently trading around $815. Charles Hayter, chief executive and founder of digital currency comparison ...
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 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 is Now Trading at its Highest Price Since 2014
December 13th, 2016
The price of bitcoin hit two major milestones today, reaching a new 2016 high and rising to its most elevated level since February 2014. At press time, bitcoin’s price rose to a high of $788.49, CoinDesk USD Bitcoin Price ...
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 ...
Bitcoin Prices Surge Past $770 But Fall Just Short of 2016 High
December 5th, 2016
Bitcoin prices neared $780 during the week through 2nd December, coming within 1% of the 2016 high of $781.31 reached in June. The digital currency rose to a high of $778.14 amid sustained support. Prices remained above $700 all ...
Bitcoin adoption in India sees surge
November 30th, 2016
Unocoin, an Indian bitcoin start-up, has unveiled a new app for Apple’s mobile operating system iOS and Google’s Android platform. According to the firm, the app will allow consumers to buy, sell, send, receive and store bitcoins, all in ...
Ernst & Young Switzerland Will Accept Bitcoin Next Year
November 29th, 2016
The Swiss branch of global professional services firm Ernst & Young is set to begin accepting bitcoin payments next year. Starting in January, EY Switzerland will accept bitcoin for invoice payments, the firm said last week. The company will also launch ...
The price of one Bitcoin in Nigeria rose to as high as US$1,250
November 24th, 2016
West African country looks poised to take advantage of US$21 billion market. The price of one Bitcoin in Nigeria rose to as high as US$1,250 on Monday November 21 according to Bitx, one of Africa’s biggest exchanges for the ...