Search Results for: cryptocurrency
Bitcoin’s Top Rival Is Up 90% and Ready to Ditch Mining
March 4th, 2017
Ethereum’s developers set course for mining-free model Blockchain seen as potential backbone for business, finance Marco Streng’s computer servers are what make Ethereum tick. Thousands strong, they whir day and night, solving the complex math riddles that are essential ...
Bitcoin has exceeded the value of an ounce of gold for the first time
March 3rd, 2017
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time. It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233. The current high is ...
Bitcoin climbs to a fresh record high
March 2nd, 2017
Bitcoin is in record territory once again. An aggressive bid has the cryptocurrency up 2.1% at $1,204.43 per coin as traders continue to pile in ahead of the upcoming Securities and Exchange Commission ruling on whether or not it ...
$1,210: Bitcoin Price Hits New All-Time High
March 1st, 2017
Bitcoin is showing no sign of dropping below its all-time highs. After trading above $1,000 for more than two weeks, the bitcoin price has now provided what analysts believe is ample evidence the digital currency’s price has established a floor ...
Japanese Giant Hitachi Tests Blockchain Tech for 150 Million Member Rewards Program
February 28th, 2017
Hitachi, a major and decades-old Japanese conglomerate and multinational is implementing a blockchain platform onto its popular point management and rewards platform, PointInfinity. Japanese blockchain developer and bitcoin exchange Tech Bureau is providing ‘Mijin’ its private blockchain solution to ...
China to launch its own digital currency
February 24th, 2017
The People’s Bank of China (PBoC) has done trial runs of its prototype cryptocurrency, taking the central bank a step closer to issuing digital money that can be used for all sorts of transactions. If things go according to ...
Bitcoin is getting closer to its all-time high
February 23rd, 2017
Bitcoin is getting closer to a record high. Early buying on Thursday has the cryptocurrency up 2.2%, or $24.16, to $1153.47 a coin, and on track for its 10th straight day of gains. Its all-time high of $1,161.88 was set ...
Wall Street Blockchain Alliance Adds Blockchain Intelligence Group as Corporate Member
February 23rd, 2017
The Wall Street Blockchain Alliance (WSBA), a 501 (c)(6) non-profit trade association, has announced that Blockchain Intelligence Group (BIG) has joined the organization as its newest corporate member. BIG’s proprietary Blockbits, BitRank and Qlue products provide real-time search, data ...
China’s bitcoin traders are finding new ways to trade
February 21st, 2017
China’s central bank has stepped up oversight of bitcoin exchanges this year, leading major trading platforms to impose halts on withdrawals and other checks to appease the regulator. But Chinese traders aren’t playing along—they are apparently flocking to peer-to-peer ...
How China Influences Bitcoin Price, Explained
February 17th, 2017
1.Why has Bitcoin price become volatile again? The short answer to that question is China. On Feb. 9, 2017, Bitcoin price has plunged by more than 9%. The fall took place after an extended period of growth: Bitcoin value ...
