Search Results for: cryptocurrency
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 ...
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 ...
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 ...
Government officials fired when caught mining bitcoin using government computers
October 5th, 2017
Two government officials of the Crimean Council of Ministers were caught mining bitcoin using government computers and were subsequently fired. They reportedly installed “malicious software” on the government’s server and programmed over a dozen computers to mine bitcoin. The ...
Bitcoin could hit $6,000 by year-end, experts said
October 4th, 2017
Bitcoin could rally nearly 40 percent to hit $6,000 before the end of the year but investors should brace for more volatility, according to industry experts. The cryptocurrency was trading around $4,333 on Tuesday. The third quarter has been ...
Japan Approves 11 Bitcoin Exchanges In Regulatory Framework
October 3rd, 2017
Japan’s Financial Services Agency (FSA) has granted regulatory approval to 11 domestic virtual currency exchanges, making them the first to be allowed to operate under the country’s new financial services regulations. The list of companies includes bitFlyer, QUOINE, Bit ...
Bitcoin shows that can survive and thrive without China
September 28th, 2017
Bitcoin traders have got a couple of things right lately. The digital currency can survive and thrive without China. And government regulation is positive, not negative, for the future of Bitcoin and other major cryptocurrencies. It adds credibility to ...
The price of bitcoin rose sharply
September 26th, 2017
The price of bitcoin rose sharply on Monday with its price spiking up 7 percent midday, according to CoinDesk market data. The price of the cryptocurrency is up nearly 300 percent year to date. Bitcoin is still under the ...
