Monthly Archives: October 2017

Bitcoin breaks above $6,000, and $100 billion in value for the first time in its history

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Bitcoin breaks above $6,000, and $100 billion in value for the first time in its history The world’s most prominent digital currency was on track to mark a fresh milestone on Friday, with bitcoin rallying and putting the cyber currency in position to hit a total market value of around $100 billion. Such a valuation … Continue reading Bitcoin breaks above $6,000, and $100 billion in value for the first time in its history →

Bitcoin Price Bounces Back, Crypto Markets Recover to $170 Billion

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Bitcoin Price Bounces Back, Crypto Markets Recover to $170 Billion The crypto markets bounced back on Thursday following a significant contraction the previous day. The bitcoin price led the charge, rising more than 6% to put the $5,700 barrier within its sights, while the ethereum price ticked up 3% to $309. Unfortunately, the recovery was … Continue reading Bitcoin Price Bounces Back, Crypto Markets Recover to $170 Billion →

Why Silicon Valley is going gaga for Bitcoin

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Why Silicon Valley is going gaga for Bitcoin Cryptocurrencies are on a historic tear right now. And Silicon Valley’s infatuation with the industry explains a lot about itself. Should I buy bitcoin? As a technology reporter, the questions I receive from random people at birthday parties, say, or seatmates on a plane, are usually emblematic … Continue reading Why Silicon Valley is going gaga for Bitcoin →

Bitcoin gets official blessing in Japan

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Bitcoin gets official blessing in Japan The broader fintech sector is struggling even as cryptocurrencies take off Entrepreneurs do not often welcome regulation. For Japanese cryptocurrency start-ups, however, a framework put in place by the country’s financial authorities has been a boon. Rules announced this year by the Financial Services Agency allow people to pay … Continue reading Bitcoin gets official blessing in Japan →

Bitcoin Wallet Blockchain: ‘Buy Some Ether’ to Make Transactions After SegWit2x

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Bitcoin Wallet Blockchain: ‘Buy Some Ether’ to Make Transactions After SegWit2x Crypto wallet Blockchain has announced its intention to join with Xapo in following the blockchain with the most accumulated difficulty following the proposed SegWit2x. The wallet service advised its users to “buy some ether” if they intend to make transactions immediately following the fork. … Continue reading Bitcoin Wallet Blockchain: ‘Buy Some Ether’ to Make Transactions After SegWit2x →

Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes

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Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes Evading government control a central feature of bitcoin Efforts to regulate digital currencies stymie authorities Banks Respond to Growing Interest in Cryptocurrencies Regulators worldwide are finding that it’s incredibly hard to control the explosive growth of money tied to no nation. Russian President Vladimir Putin is the … Continue reading Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes →

Bitcoin heading over $10,000 in six to 10 months, former Fortress hedge fund manager says

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Bitcoin heading over $10,000 in six to 10 months, former Fortress hedge fund manager says Bitcoin has surged this year, up to $4874 on Tuesday, and Michael Novogratz sees it heading over $10,000. Novogratz is starting a $500 million fund to invest in cryptocurrencies, initial coin offerings and related companies. Although he says digital currencies … Continue reading Bitcoin heading over $10,000 in six to 10 months, former Fortress hedge fund manager says →

Bitcoin’s price bubble will burst under government pressure

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Bitcoin's price bubble will burst under government pressure Is the cryptocurrency bitcoin the biggest bubble in the world today, or a great investment bet on the cutting edge of new-age financial technology? My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse. If you … Continue reading Bitcoin’s price bubble will burst under government pressure →

Bitcoin Price is Hitting Above $4,500 Again

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Bitcoin Price is Hitting Above $4,500 Again Bitcoin price surpassed the $4,500 mark Sunday, reaching $4,614.91 Sunday, posting a market capitalization of $76.662 billion. Bitcoin posted close to a 5% gain in the last 24 hours, during which most cryptocurrencies posted losses. Ripple and Litecoin were the only other two of the top 10 cryptocurrencies … Continue reading Bitcoin Price is Hitting Above $4,500 Again →

Will the Disinflation of Bitcoin Lead to Long-Term Price Surge?

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Will the Disinflation of Bitcoin Lead to Long-Term Price Surge? Chris Burniske, a parter at cryptocurrency-focused venture capital firm Placeholder and former cryptocurrency investment lead at ARKInvestment, revealed that 80 percent of the total supply of bitcoin is now outstanding and that its hyperinflationary period is behind it. Dissimilar to most currencies and assets, bitcoin … Continue reading Will the Disinflation of Bitcoin Lead to Long-Term Price Surge? →