The bouncing ball that is the price of bitcoin took a downward turn this week as South Korean regulators are eying options that would shutdown many of the nation’s very active cryptocurrency exchanges. South Korean interest has been among the engines driving the price of...
After suffering from a steep sell-off in trading late last week, cryptocurrency bitcoin was able to recoup some of its losses, trading above $16,100 on Tuesday (Dec. 26). According to news from CNBC, in morning trading, bitcoin jumped more than 12.5 percent to more than $16,100;...
Bitcoin plunged briefly below $11,000 on Friday, down 47 percent from a record high at the start of the week. CNBC reported that while bitcoin hit a record high above $19,800 on Sunday, and was trading near $15,500 for much of Thursday, an afternoon selloff...
Is there more to bitcoin than wild price swings? Many entrepreneurs say yes, and have their eyes on the day that people actually use their digital windfalls to buy things. We spoke to Austin Kimm, Cypterium's IR director and co-founder, about why preparing for that...
Despite the current bitcoin boom, the nation’s new Comptroller of the Currency doesn’t believe the cryptocurrency poses a threat to the country’s banking system. According to news from Reuters, the marketplace is watching to see how Joseph Otting, who was sworn in last month, will address...
Amid rising interest and investment in digital currencies like bitcoin, some countries are issuing new warnings about the volatility involved in cryptocurrency trade. In today’s bitcoin roundup, regulatory bodies in the U.S. have suspended a bitcoin-focused company following questionable business practices, Singapore is advising “extreme...
Bitcoin’s value isn’t the only thing topping the charts: New data by BitInfoCharts shows that people are currently paying $28 on average to make transactions using the digital currency. CNBC reported that users of cryptocurrency exchanges, such as Coinbase, incur such transaction fees when transferring...
Medici, the blockchain unit of Overstock.com, announced news on Tuesday (Dec. 19) of the launch of tZero, an alternative trading system that is creating a platform to exchange cryptocurrency tokens in the U.S. According to a report in CoinDesk, the first-of-its-kind alternative trading system (ATS)...
Patent troll Erich Spangenberg, who is hated in Silicon Valley for challenging the patents on all sorts of technology, is eyeing the cryptocurrency market next. Citing a recent blog by Spangenberg, CNBC reported news that he has created a new group to unlock the value...
