“What goes up must come down” is, unfortunately, the most appropriate proverb to open this week’s bitcoin tracker. It all started when the price of bitcoin dropped by some $70 on Tuesday (March 7) for no readily apparent reason. Bitcoin had spent the past week...
The price of bitcoin dropped by some $70 on Tuesday (March 7) for no readily apparent reason, leaving investors naturally a bit confused at best, or panicked at worst. Bitcoin had spent the past week climbing toward new record highs on optimism that the SEC...
New warnings over central banks involvement with digital and cryptocurrency were recently issued by a governor of the U.S. Federal Reserve Jerome H. Powell. In a prepared statement, Powell told conference attendees at Yale Law School that digital currencies issued by a central bank would become global...
This is not a drill. Bitcoin’s market cap is currently well over $20 billion as value rose well over $200 in the past two weeks. At the time of writing, bitcoin was worth $1,270.86, up 3.32 percent from Wednesday’s “close.” As bitcoin rose, TechCrunch noted...
Officials from the U.S. Securities and Exchange Commission (SEC) reportedly met with the Winklevoss twins on Feb. 14, said Bloomberg, to discuss their proposal for a bitcoin exchange–traded fund. The SEC has until Mar. 11 to reach a decision. SEC approval could be a major...
Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Because “déjà vu” no longer seems to cut it. Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since...
Bitcoin has recovered from its drop in January — and then some. The popular digital currency is quickly headed toward fresh three-year highs after jumping up well over $100 in value since last week. After breaking through the $1,000 mark (again) at the beginning of...
Coinsource, the largest network of bitcoin ATMs in the United States, recently announced it placed three new machines in St Louis, Missouri — the company’s first foray into the Midwest market. Coinsource CEO Sheffield Clark was quoted as saying: “We plan to enter as many...
Bitcoin prices rose relatively steadily this past week, overcoming investor skittishness seen the week prior when Chinese regulators doubled down on bitcoin exchange investigations. While bitcoin’s value hasn’t fully recovered from the fall on Feb. 9 and skirted around the $1,000 mark for much of...
