#bitcoin price

Following Square’s Testing Report, Bitcoin’s Price Nears $8000

November 17, 2017 by Tabassum Naiz at Bitcoin, Business, Finance, News

Bitcoin has become stronger following the report of Jack Dorsey’s payments company Square Inc. (SQ.N). The cash payment app was involved in testing support for bitcoin which has certainly affected the price of the cryptocurrency, which edged closer to $8000 and posted a fresh all-time high at $7997.00 on November...

Bitcoin Price Surges In Zimbabwe After Military Coup

After Bullish Run, Bitcoin’s Price looks to Reach New Highs by Year-end

November 10, 2017 by Rahul Nambiampurath at Bitcoin, Commentary, News

Bitcoin, the world’s largest and most well-known cryptocurrency, is well on its way to cross the $10,000 milestone before Christmas if its current growth is anything to go by. The digital currency has seen a great deal of success within 2017, having crossed the $1000 price point in January. This...

A Fine portrait of Mr Michael Scott. Purple Background, he has a left earring. Op-Ed: A “Bit” of Obsession With Being First

Op-Ed: Bitcoin As a People Magnet

November 8, 2017 by Michael Scott at Bitcoin, Commentary

We are currently experiencing an unprecedented time in terms of interest in Bitcoin. The price goes up, and everyone wants to be your friend. When the price goes down… crickets. Frankly, I find all of this very amusing. Speaking of the price of bitcoin, the timeline below charting the cryptocurrency’s...

Cryptocurrency Market Cap to Head to $246 Billion?

November 4, 2017 by Jamie Holmes at Altcoins, Bitcoin, News, Price Analysis

As BTC-USD reaches new all-time highs, the cryptocurrency market as a whole has attained a new milestone; breaching $200 billion in value. Bitcoin is leading the charge, with the cryptocurrency moving above the $7000 psychological level on November 2. Looking at the chart below, we see a clear pattern of...

graph showing red background and falling bars and bitcoin sign, bitcoin price is falling/fallen by large percentage

BTCChina Announces Exit from China’s Bitcoin Exchange Market

September 14, 2017 by Jamie Holmes at Bitcoin, News

One of the largest exchanges in China is voluntarily closing its operations. BTCChina announced on September 14 that it will stop all trading on September 30 as regulators are reportedly planning to stop fiat to bitcoin trades in the country. BTC-USD has suffered another sharp drop, hitting a fresh low...

Bitcoin Price Falls on Chinese Whispers

September 8, 2017 by Jamie Holmes at Bitcoin, News

Bitcoin suffered a steep drop on September 8, as rumors circulated that Bitcoin exchanges in China were to be banned. The event and reactions somewhat mirror the ICO ban on September 4, with crypto markets in the red. BTC-USD fell from the September 8 high of $4679.97 to a fresh...

Bitcoin Price Regains $4600, Market at Rest in Equilibrium

September 7, 2017 by Jamie Holmes at News

Following the ban of initial coin offerings in China, sentiment in cryptocurrency markets was dampened, sending BTC-USD as low as $4001.93 on the Bitstamp exchange on September 5. However, two days later and bitcoin’s price has already recovered to around $4635 at the time of writing. The cryptocurrency looks on...

Bitcoin Price, Consistently Posting Record Highs, Approaches $4000

August 12, 2017 by Jamie Holmes at Price Analysis

Bitcoin enjoyed large gains over the week, breaking the all-time high numerous times, and peaked at $3934.00 on the Bitstamp exchange during August 12's trading session. At the time of writing, the price of bitcoin is at $3867.84, up over six percent on the day. The recent price rise also...

BIP 91 Likely to be Locked in Within 24 Hours, Bitcoin Displays Highest Ever Daily Gain

July 21, 2017 by Joseph Young at Bitcoin, Commentary, News, Price Analysis

Bitcoin Improvement Proposal 91, or BIP 91 for short, a miner-activated soft fork (MASF) developed by James Hilliard, passed its 80 percent activation threshold on July 16 and is set to be locked in within 24 hours. The compromise between developers and the mining community has coincided with buoyant markets,...

U.S. Commodity Futures Trading Commission Approves Bitcoin Options Trading

July 11, 2017 by Alex Lielacher at Bitcoin, Finance, News, Regulation

U.S. financial regulators are not (yet) comfortable with a publicly-traded bitcoin ETF as witnessed by the SEC’s rejection of the Winklevoss Coin ETF. However, it turns out that they are comfortable with granting institutional investors access to bitcoin derivatives. On July 6, the U.S. Commodity Futures Trading Commission (CFTC) announced...

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