Bitcoin has far more traders these days — particularly in China — than it has true believers. “It’s the golden age to be in the bitcoin market, because it’s imperfect,” said Zhou Shuoji , a former IBM technology consultant whose firm, Fintech Blockchain Group, runs a bitcoin...
Bitcoin’s volatile tendencies were on full display this past week. After flirting with record highs just over one week ago, bitcoin fell to its lowest level in over a month, $746.79, on Thursday (Jan. 12). While that may still seem like a pretty solid value,...
It’s déjà vu all over again – and perhaps even a little bit of we sort of told you so. Bitcoin’s value dropped farther yesterday (Jan. 11), hitting a low in the $750s after briefly flirting with record highs near $1,200 earlier this month. It turns...
Last Friday (Jan. 6) was tough for bitcoin users around the world. Values that had soared to near record highs fell 23 percent, then recovered a bit. At the time of writing, the price of bitcoin sat at $892.62. While the sudden drop was at...
Anthony Murgio, the alleged operator of an illicit bitcoin exchange called Coin.mx, pled guilty on charges of conspiring to use the scheme to hack companies, including JPMorgan Chase. Murgio’s plea was entered in federal court in Manhattan, where he face charges on three counts, including...
Urging of caution when it comes to investing in bitcoin by China sent the price of bitcoin plunging 12 percent late last week. According to a report by Reuters, bitcoin had been surging, gaining greater than 40 percent in two weeks, hitting around $1,139 on the...
This week’s Bitcoin Tracker is like a game of good news, bad news. To keep us in good spirits heading into the weekend, let’s start with the bad and end with the good. They say that nothing can last forever. Whoever “they” are, they’re not...
They say that nothing can last forever. Whoever “they” are, they’re not likely a part of the crowd that was hoping that bitcoin’s $1,000 break would last longer than it did. Bitcoin was riding high until yesterday — hitting new heights not seen in years. At...
Given the past few days, it seems like 2017 could be a banner year for bitcoin. Bitcoin broke past $1,000 in value on its first day of trading in 2017. This marks the first time in three years that the cryptocurrency has been so valuable....
