Bitcoin Traders

Bitcoin was down 2.8 percent at $9,612 in early Asian trading on the Luxembourg-based Bitstamp exchange, from a record peak of $11,395 set on Wednesday. On Thursday, it went as low as $9,000. BTC=BTSP. The latest slide has tempered an astronomical rise in recent months: Bitcoin was up almost ...

Bitcoin Boom Draws Record Number of Indian Investors According to Exchanges

“The extent of interest in Bitcoins is at unprecedented levels. Every time prices increase, investors who were sitting on the fence and were skeptical do enter the ecosystem. This time it almost feels like mainstream adoption, something I have never experienced before, because now we are seeing interest ...

Bitcoin Is an Emerging Systemic Risk

Recent news stories make it pretty clear that the new people in bitcoin clearly have no idea what they've gotten themselves into. Bitcoin is the Gom Jabbar of high finance. Cypherpunks who have populated the space to date hold the line because they do not care about money, and therefore do not fear.

Bitcoin loses fifth of its value in 24 hours

“Naturally a few of the early bitcoin traders are taking some profits off the table,” said Charles Hayter, founder of CryptoCompare.com. “Volatility is in the market at the moment and that means both positive and negative moves.” The latest fall has tempered an astronomical rise for the cryptocurrency in ...

The Bitcoin vs Visa Electricity Consumption Fallacy

Last week, I got a Twitter alert about the following amusing reply of Andreas M. Antonopoulos to a yet another tweet complaining about the energy consumption of the Bitcoin network. Lately, with the…

Goldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established

Bitcoin may be used in crime, but the favourite currency of criminals all over the world remains the US dollar. Even JP Morgan Chase was found guilty of assisting money laundering in Switzerland. So the Goldman CEO was certainly on weak ground when highlighting that particular risk factor ...

BITCOIN

Bitcoin / Dollar (BITSTAMP:BTCUSD). Get more trading ideas from EXCAVO. Follow market experts, get opinions and be heard! Join the largest ...

Grandma wants in on the bitcoin action: Why does the WSJ think that's pathetic?

Her grandson convinced Scott to invest in bitcoin , which hilariously—really rib-splitting funny—she thought “was a big coin.” Unlike her grandson who was born knowing what bitcoin is because a) he is young and b) he is male, she had to learn about it because a) she is old and b) she is a woman who ...

3 Catastrophic Events Could Sink Bitcoin

Shidan Gouran, president of Global Blockchain Technologies Corp, explains Bitcoin's appreciation past the $10,000 mark has made headlines everywhere, and has made the market activity for this digital currency-cum-commodity very bullish. While the majority of the attention has been on Bitcoin's ...

Nobel Prize-Winning Economist Says Bitcoin “Ought to be Outlawed”

Stiglitz told Bloomberg that “ Bitcoin is successful only because of its potential for circumvention, lack of oversight.” He continued, offering a harsh rebuke and recommendation for the future of the world's most popular and successful cryptocurrency, “So it seems to me it ought to be outlawed. It doesn't ...

Shorting Bitcoin

Bitcoin's unbelievable rise seems unstoppable, with many rushing to get involved so as not to miss out. However, there are financial products out there and incoming that may well flip the crypto…

Bitcoin breaks records for online currency trade

MONROE COUNTY, N.Y. (WROC-TV) - If you thought the stock market was doing well lately, take a quick glance at what digital currency is doing for your portfolio. Bitcoin sold for a record high $11,200 per unit on Wednesday in New York, growing its value by more than 1000% this year. Experts say it's a ...

Man Accidentally Threw Bitcoin Worth $108m in The Trash, Says 'There's no Point Crying About it'

When the price of bitcoin hit $10,000 on Wednesday, many in the cryptocurrency community celebrated the milestone. But for one man in Wales, bitcoin's boom has a taken on a very different significance. James Howells, 32, made the headlines in 2013 after it emerged he had accidentally thrown away ...

Bitcoin Not Threat to Global Economy, Says Bank of England

Bank of England Deputy Governor, Sir Jon Cunliffe, has claimed that the leading cryptocurrency Bitcoin poses no real threat to the global economy and financial institutions despite its current phenomenal performance in the market. The most famous digital currency has recently surpassed the $11,000 ...

Bitcoin is already dwarfing some of the largest financial market bubbles of all time

If bitcoin is indeed a cryptocurrency bubble, it's already much larger than the Nasdaq in the late 1990s, the Dow in the roaring 1920s, and silver in the late 1970s. Birinyi Associates studied bitcoin versus 10 other bubbles, and found it came out as one of the largest. Lazlo Birinyi says he believes bitcoin ...

Bitcoin Is a Delusion That Could Conquer the World

Bitcoin solved this problem with the blockchain, an online ledger that records and validates all peer-to-peer payments to eliminate double-spending. For those inclined to less-than-legal behavior, it helps that the blockchain encrypts transactions to provide anonymity. The payment network is maintained ...

US finance leaders are least likely to embrace bitcoin, and some see a fraud: CFO survey

The CNBC Global CFO Council recently was asked for its view on bitcoin — U.S.-based members were the most skeptical. Nearly a third of CFOs surveyed say they do not know enough about the cryptocurrency to have an opinion. Nearly 30 percent of global members surveyed see bitcoin as a "fraud.".

Fed's Quarles warns that digital currencies like bitcoin pose 'serious financial stability issues' as ...

Bitcoin and other cryptocurrencies pose greater danger to the financial system as they become more popular, new Federal Reserve Governor Randal Quarles warned in a speech Thursday. On the same day bitcoin prices plunged after a massive rally, the central bank official cautioned about the growth ...

Bitcoin value crashes more than $2000 amid rollercoaster day of trading

Bitcoin fell as low as $9,000 after losing more than a fifth of its value having hit an all-time high of $11,395 on Wednesday. The cryptocurrency dropped 8 per cent amid a rollercoaster ride on Thursday to hit $9,000 - a fall of more than $2,000 in under 24 hours. In volatile trading, it then picked up to ...

Bitcoin Price Declines to $9200; Factors For Another Strong Rally?

On November 29, CCN reported that the price of bitcoin surged from around $10,000 to $10,884, recording an $800 daily increase in value. Since then, in a matter of hours, the price of bitcoin quickly surged from $10,884 to $11,441, as the demand from the global bitcoin market skyrocketed. But, the ...

Between Bitcoin Bulls and Bears an Academic Weighs In

When Bitcoin is down, the Bearish come out and berate the bubble-linked digital currency. Then, when things turn around, the Bulls stampede out the gates and proffer their emotional reasoning of how this is the money revolution. All in all, it can be quite hard to find a learned and practical opinion, but ...

Bitcoin 'ought to be outlawed'

Nobel-winning economist Joseph Stiglitz has condemned Bitcoin as “successful only because of its potential for circumvention [and] lack of oversight,” and has called for it to be banned. In a Bloomberg Television interview, he said the cryptocurrency doesn't serve “any socially useful function.” ...

Bitcoin rally turning many naysayers into believers

“With the latest rally in bitcoin market, a new breed of wealthy investors are entering into the space in India,” said Sandeep Goenka, co-founder of Zebpay, a bitcoin exchange. “People who were earlier averse to the bitcoin market are now showing interest amid global acceptance about the market.

How to buy bitcoin: A beginner's guide to getting involved in cryptocurrency and avoiding scams

You can also "mine" bitcoin using a supercomputer – an unrealistic option for most people – or set up and control your own wallet, but using a third-party service is far simpler. Some of the most popular options are Coinbase, Blockchain.info and Xapo, which you can use on both desktop and mobile.

Nasdaq Plans To Offer Bitcoin Futures In Early 2018

An anonymous reader quotes a report from Engadget: Nasdaq is planning to launch contracts for bitcoin futures in the first half of 2018, according to The Wall Street Journal, which will enable investors to predict and put money on the future price of the currency. The Wall Street Journal also report...

Bitcoin is a vehicle for fraudsters, warns Goldman Sachs boss

The boss of Goldman Sachs became the latest high-profile critic of bitcoin , claiming it is a vehicle to commit fraud as the value of the cryptocurrency plunged 20% in less than 24 hours. Lloyd Blankfein, chief executive of the US investment bank, said: “Something that moves 20% [overnight] does not feel ...

Get ready for a wave of Bitcoin forks

On August 1, a dissident faction of the Bitcoin community created a new payment network called Bitcoin Cash. There are lots of Bitcoin -derived spinoff currencies, of course, but this was unusual because it branched off from the existing Bitcoin blockchain. The result was the cryptocurrency equivalent of a ...

2017 Was The Year When Everyone (Finally) Learned Bitcoin Isn't Controlled By Miners

In the middle of November, a critical event in the history of Bitcoin was supposed to happen as a number of large Bitcoin companies and miners were going to attempt to get everyone to move over to a new cryptocurrency network with different rules and call it Bitcoin . However, those behind the proposal ...

Bitcoin investors beware: The IRS wants its cut and you may not know it

If you're a bitcoin investor and have cashed in on your gains — or made purchases using the cryptocurrency — don't forget the Internal Revenue Service is entitled to a piece of the action. The value of one bitcoin has surged this year to more than $9,000 as of Thursday morning from $997 (and up from ...

Forget Bitcoin, These Four Stocks Are Up More Than 1000% in 2017

Bitcoin is all the rage, but there are also a handful of stocks that have equaled the digital currency's gravity-defying surge this year. Lesser-known companies trading on stock exchanges in Japan, Hong Kong and India have seen their share prices soar at least 1,000 percent, matching the ...

Now you can pay your rent in bitcoin

While you still can't buy a meal at many restaurants with bitcoin , you can now pay your rent with it. ManageGo, a Brooklyn, New York-based rental platform that offers landlords and tenants payment and maintenance scheduling services through online and mobile applictions, is now adding bitcoin to the ...

Bitcoin Frenzy and Trendy Computers

So let's say that in the most pessimistic scenario a bitcoin will be worth $0, and in the most optimistic scenario it will be worth $5 million. So! Great! Now all we have to do is to figure out the likelihood that everyone decides bitcoin is a fraud and stops using it, and the likelihood that bitcoin becomes the ...

Bitcoin plunges 20% from its high

"I would say that you've seen several important, pretty severe corrections to bitcoin over time and it's managed to come back," Mark Newton tells ...

Bitcoin loses over a fifth of its value in less than 24 hours

LONDON (Reuters) - Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its value since hitting an all-time high ...

Bitcoin tumbles 20 percent after trading above $11000

Bitcoin slid to as low as $9,000 on Thursday, having lost more than a fifth of its value since hitting an all-time high of $11,395 on Wednesday.

Just More FUD: Citadel CEO Wary of Bitcoin Bubble

With the $11,000 milestone newly etched onto its belt, Bitcoin continues its rise in value while a chorus of voices sings contrasting melodies. For some ...

Things you might not know about bubbly bitcoin

Bitcoin slumped nearly 20% to $9000 hours after hittng its all time high of $11,000 stoking fears that bitcoin bubble might be ready to burst soon.

Topped Out? Bitcoin Flirts with Short-Term Bearish Reversal

Bitcoin prices are taking a hit at press time, and could suffer a deeper pullback over the weekend, the price charts indicate. Notably, it's only been a day since the cryptocurrency clocked an all-time high of $11,363.99, before falling more than 15 percent to $9,295.79, as per CoinDesk's Bitcoin Price Index ...

Bitcoin broke $11000, then plunged 18%, as thousands of newbies signed up for cryptocurrency ...

Bitcoin's price soared past $11,000, plunged as low as $9,300, and then recovered to around $10,000—all in the space of 24 hours of trading yesterday (Nov. 29). It was an object lesson in the volatility of the bitcoin markets. However, the violent price swings didn't stop hundreds of thousands of users ...

Investors Taking a Risk Buying Bitcoin, Says ECB Vice President

While the value has since dropped closer to $10,000, the meteoric rally has prompted many in the finance space to say bitcoin is in a bubble. Even so, Constancio told CNBC that the ECB is not in a position to regulate the cryptocurrency, saying, "We don't have responsibility or even instruments that ...

The ongoing bitcoin boom is drawing Indian investors like never before

As the value of the cryptocurrency breached the $11,000 per bitcoin mark on Nov. 29—effectively doubling within a single month—virtual currency exchanges in the country say that the number of registrations to buy bitcoins has jumped. This, despite the murmurs that India's central bank could potentially ...

Bitcoin surges past $10000 threshold, only to plunge

This April 3, 2013file photo shows bitcoin tokens at 35-year-old software engineer Mike Caldwell's shop in Sandy, Utah. The price of bitcoin , the most widely used virtual currency, rose above US$ 10,000 on Wednesday for the first time, breaking a symbolic threshold in what has been a vertiginous ...

Bitcoin Is Still Sucking Up All the Crypto Oxygen: Gadfly

With all this love for bitcoin , spare a thought for the little guy. Despite a plethora of new coins coming online in the past year, and the emergence of ethereum as an alternative cryptocurrency, bitcoin is still sucking up most of the oxygen. Without a doubt, the new coins' sponsors owe a debt of gratitude to ...

Bitcoin's Price Swings Have Been Especially Crazy in the Last 24 Hours. Here's Why

The last day's fluctuations in the bitcoin price have been pretty crazy, even by the cryptocurrency's typically volatile standards. Having climbed more than $3,000 in a week to clear the $11,000 mark on Wednesday, reaching a high of $11,377, bitcoin suddenly plunged 20% to around $9,290 (prices ...

Bitcoin takes stock after rollercoaster ride

The price of digital currency Bitcoin fell 21% in a period of wild trading after passing a record $11,000, but later recovered some of the fall. Bitcoin is holding around the $10,000 mark it broke for the first time on Wednesday, but is down from the record $11,434 (£8,500) it hit in US trade. Overnight the ...

Bitcoin Recovers From Sudden Selloff as Large Swings Persist

Bitcoin rallied as much as 20 percent from its Wednesday low, easing concern that an abrupt selloff in the cryptocurrency might spiral into something deeper. ... The 21 percent slump on Wednesday, triggered in part by intermittent outages at cryptocurrency exchanges, came just hours after bitcoin had ...

Bitcoin Is Sucking All the Oxygen

Despite a plethora of new coins coming online in the past year, and the emergence of ethereum as an alternative cryptocurrency, bitcoin is still sucking up most of the oxygen. Without a doubt, the new coins' sponsors owe a debt of gratitude to bitcoin for blazing a trail. But you'd think some of them might ...

What you need to know about bitcoin

FILE - This April 3, 2013file photo shows bitcoin tokens at 35-year-old software engineer Mike Caldwell's shop in Sandy, Utah. The price of bitcoin , the most widely used virtual currency, rose above US$ 10,000 on Wednesday for.

Bitcoin's Blistering Rally Breaches $11000 Mark

On Wednesday, bitcoin hit an all-time high of $11,395 <BTC=BTSP>, on the Luxembourg-based BitStamp, one of the largest and most liquid digital currency exchanges. But by mid-afternoon in New York, bitcoin was back below $10,000, an expected pullback after a steep rally. Despite widespread ...

Transaction malleability

Note that this just changes the hash; the output of the transaction remains the same and the bitcoins will go to their intended recipient. However this does mean that, for instance, it is not safe to accept a chain of unconfirmed transactions under any circumstance because the later transactions will depend ...

Bitcoin reached record high, only to lose nearly 20 percent of its value in hours Wednesday

LONDON -- The price of bitcoin surged through $10,000 on Wednesday, adding to its ten-fold jump in value this year and fueling a debate as to whether the virtual currency is gaining mainstream acceptance or is merely a bubble waiting to burst. But as soon as bitcoin went through $10,000, it surged ...

There are many reasons to be cautious about bitcoin

The current craze for cryptocurrencies seems boundless. The dollar value of bitcoin has been multiplied by 10 since the beginning of the year, and by 30,000 since January 1 2011. “Initial coin offerings”, through which companies finance themselves by issuing “tokens” (cryptocurrencies newly minted for ...

Bitcoin 'Odds-On' To Be Accepted By McDonald's At End Of 2018, But Could It Break $20000?

With Bitcoin's soaring popularity and the digital currency breaking through the $10,000 mark for the first time, online bookmaker Betway expects Brits to be buying their Big Macs with the cryptocurrency before end of next year and puts McDonald's on odds of 1/2. It also offers odds of bitcoin hitting ...

Bubble trouble? Bitcoin tops $11000, but fades after sharp rally

An Australian man long thought to be associated with the digital currency Bitcoin has publicly identified himself as its creator. BBC News said Monday, ...

Bitcoin tumbles from record high

The price of bitcoin whipsawed on Wednesday, with the cryptocurrency briefly falling as much as 21 per cent from a record high hit earlier in the ...

Bitcoin suffers volatile day as it tumbles from record high

After the toppling of Lehman Brothers in September 2008, it took another 24 days before US stocks would slide more than 20 per cent into official bear market territory. Bitcoin , the new age cryptocurrency that has captured widespread attention, did the same in just under six hours on Wednesday.

IRS Wins Bitcoin Fight, Gets Access to 14000 Coinbase Accounts

Bitcoin speculators aren't the only ones who stand to cash in from the crypto-currency boom. Uncle Sam is now set to collect back taxes from thousands of customers of a digital currency exchange who failed to report bitcoin transactions. In a ruling on Tuesday, a federal court judge ordered San ...

Bitcoin Just Lost a Ton of Value, But Does That Mean the Bubble Burst?

But is this a sign of the bitcoin bubble bursting or just a temporary blip? While skeptics of the cryptocurrency were quick to post bubble-bursting memes on social media, the bitcoin diehards on its dedicated subreddit remained generally calm, even blase in the face of this sudden drop. User Exotemporal ...

You Can Bet on Bitcoin Without Coughing Up $10000 for One Coin

With no bitcoin -specific exchange-traded fund on the market, many U.S. investors have turned to The Bitcoin Investment Trust ( GBTC), a private trust that trades over the counter. It invests exclusively in the cryptocurrency and derives its value solely from its price, but it isn't bitcoin . Thomas Lee, an uber ...

Here's How Rich You Would Be If You Bought $1000 Worth of Bitcoin a Year Ago

Recent interest in Bitcoin from institutional investors has certainly given its narrative a different tinge. Earlier this year, the world's largest futures exchange, the Chicago Mercantile Exchange, said it would offer Bitcoin futures due to demand from its clients. Bitcoin investors took it as a good sign.

Bitcoin drops by $2000 in five hours after record rally

Hours after surging past $11,000, bitcoin tumbled almost 20 percent from the high, wiping more than $2,000 from its price in five hours. It traded at $9,340 as of 2:52 p.m. in New York. The heaviest selling came amid reports of service outages and delays on some of the largest online exchanges.

This Is What Could Pop the Bitcoin Bubble

Bitcoin and bubble have become virtually synonymous in the minds of many skeptics during this year's breathtaking rally. While the digital currency ...

Bitcoin has been a staggering investment. Is a crash coming?

Whether you think bitcoin is a new path to wealth or the biggest bubble since Beanie Babies, the cryptocurrency was the talk of the financial system ...

Bitcoin Tumbles From Record High After Exchanges Confirm Outage

Fearful of missing out on the frenzy in the Bitcoin world, several people were left disappointed on Wednesday noon after they were unable to buy ...

Bitcoin

Bitcoin / Dollar (COINBASE:BTCUSD). Get more trading ideas from EXCAVO. Follow market experts, get opinions and be heard! Join the largest ...

Bitcoin is at $10K — and that's just the beginning of how it will revolutionize money

The price of bitcoin reached $10,000 on Tuesday. This just in: Make that $11,000. Over the years, I have seen a significant change in conversations ...

Bitcoin Price Falls $1000 in Minutes to Drop Below $10k

The price of bitcoin fell more than $1,000 in the span of about 10 minutes on the CoinDesk Bitcoin Price Index (BPI) today, just hours after the ...

Bitcoin is a bubble waiting to burst

For those of us with long memories and some sense of history, Bitcoin's recent meteoric rise is both thrilling and terrifying. It has all the earmarks of a ...

Experts say bitcoin is the 'new gold' for millennials. Should you believe the hype?

FILE - In this Thursday, March 13, 2014, file photo, Ken Lo, CEO of ANXBTC Bitcoin Exchange, points to the screen of his Bitcoin ATM during a ...

Bitcoin's big swing at $11000 launches renewed talk of bubble

Bitcoin's meteoric rise reminds many Wall Street pros of the irrational exuberance during earlier financial manias, like real estate in 2007, internet ...

Bitcoin hits record $10k the night of big crypto conference and everyone parties

Bitcoin surges above $10,000 the evening of the event, giving cryptocurrency companies more reason to celebrate. CNBC counts at least seven ...

Bitcoin plunges 18% after topping $11000 in extremely volatile trading

Bitcoin has gained, and plunged, well over $1,000 in less than 24 hours. The digital currency dropped more than 18 percent from a record high of ...

Bitcoin: How high could the price go?

When Saxo Bank forecast last December that Bitcoin's price would surpass $2,000 in 2017, it may have seemed like a stretch given that the digital ...

Bitcoin: A subprime bubble for the rich

FILE – In this Monday, April 7, 2014 file photo, Bitcoin logos are displayed at the Inside Bitcoins conference and trade show, in New York. The price of ...

Bitcoin 'Ought to Be Outlawed,' Economist Joseph Stiglitz Says

" Bitcoin is successful only because of its potential for circumvention, lack of oversight," Joseph Stigliz, currently a professor at Columbia University, ...

Before buying bitcoin, read the original 9-page paper

Perhaps buoyed by Thanksgiving chatter, bitcoin has been approaching all-time highs, topping $10,000. (Google Trends showed searches for the ...

Bitcoin hits $11000

ALTHOUGH it may defy all reason, it should surprise no one that the price of bitcoin , a cryptocurrency, has just passed $11,000. Bitcoin's ascent has ...

Bitcoin Might Be A' Bubble' But Digital Currencies Are Not

You have likely seen some articles discussing the sudden rise in value of Bitcoin over the past year. Bitcoin has experienced a surge in value.

NASDAQ plans to let investors bet on Bitcoin's rise and fall

Bitcoin is back in the news as its price continues a meteoric rise, with the cost of a single coin breaking $10,000 yesterday. Today, it was reported by several major publications that NASDAQ, the second largest stock exchange in the world, plans to launch futures contracts for Bitcoin next year. That would ...

After hitting $10000 yesterday, Bitcoin raced past $11000

When will the Bitcoin bubble burst? The value of the digital currency topped $11,000 per Bitcoin early Wednesday, less than 24 hours after hitting ...

Bitcoin owners don't want to deal with holding their own bitcoin

Bitcoin is red-hot, having gained over 1,000% this year. But a survey of bitcoin holders by LendEdu, a student loan comparison website, shows that Americans who already own bitcoin would really rather own the asset using a more convenient vehicle, like in an exchange-traded fund (ETF).

Bitcoin blows past the $11000 mark

The digital currency spiked through $11,000 Wednesday morning, hours after surpassing the $10,000 level for the first time. By 9:16 a.m. ET, bitcoin had leaped all the way to $11,377.33, according to CoinDesk. Bitcoin was recently trading at $10,905.48, according to the digital currency exchange.

Why Bitcoin Is Kind of Like Webvan or Pets.com

I was asked recently to share my views on bitcoin , the virtual currency whose price—not value—recently crossed $10,000. I've tackled tough topics I ...

Buying bitcoin at this 'high price' would be a risk, ECB vice president says

Investors flocking into bitcoin are taking a risk by buying at such high prices, the vice president of the European Central Bank (ECB) Vitor Constancio told CNBC Wednesday. "It's a very particular asset, it's a speculative asset by definition looking to the developments in its price. Investors are taking that ...

Bitcoin Breaks the $11000 Mark After Climbing by $3000 in a Week

Investors who bought Bitcoin just ahead of Thanksgiving certainly have something to be thankful for. Bitcoin prices breached $11,300 Wednesday for the first time, representing a rise of over $3,100 in a week. It's a stunning rise for the cryptocurrency, which only just broke the psychologically important ...

Bitcoin Rose More Than 1300 Percent This Year. Is This a Bitcoin Bubble?

Bitcoin is continuing to break records as we near the end of 2017. At the time of writing, its price is $10,726.45 – up a whopping 1,345 percent from its value as of this time last year, $742.01. The cryptocurrency broke the $10,000 barrier on November 28, becoming one of the world's 30 largest currencies ...

Bank deputy warns of Bitcoin bubble risks

Investors should be aware of the risks from the rapid rise in the price of digital currency Bitcoin , a Bank of England deputy governor has warned. Bitcoin's value passed a record $11,000 (£8,200) on Wednesday after a sharp but often volatile rise this year. Jon Cunliffe, the Bank's deputy for financial ...

Bitcoin's price tops $10000, then touches $11000, as rally speeds up

The price of bitcoin , the most widely used virtual currency, rose above $10,000 and then $11,000 on Wednesday for the first time, breaking a symbolic threshold in what has been a vertiginous ascent this year. The cost of buying one bitcoin as measured by the website CoinDesk was at $11,189.96 ...

Bitcoin heads to $11000 as bubble warnings fail to cool market

Bitcoin has risen by about 70 percent since October alone, after developers agreed to cancel a technology update that threatened to split the digital currency. Even as analysts disagree on whether the largest cryptocurrency by market capitalization is truly an asset, its $178 billion value already exceeds ...

So Long, $10k: Bitcoin Price Unstoppable As $11000 Becomes New Benchmark

That correction was short-lived, however, with Bitcoin then passing that mark to first hover around $10,750 and then continue to the next barrier soon afterwards. Both Bitcoin's rate of growth and comparative lack of volatility are unprecedented in its history. Prices are up almost 1500% in 2017 alone, with ...

Cramer: Bitcoin's $11000 move means it's 'parabolic' and it won't last

Bitcoin 's velocity is a sign that its surge is "parabolic," and that could mean the cryptocurrency's rally won't last, CNBC's Jim Cramer said Wednesday. Cramer spoke moments after the digital currency spiked through $11,000, according to industry site CoinDesk, hours after surpassing the $10,000 level ...

Bitcoin hits $11000 mark, shows no signs of slowing

Bitcoin prices touched a new high of $11,300 on Wednesday less than a day after topping $10,000 despite concerns about the cryptocurrency's security and investor fears of a bubble. The virtual currency has increased in value by a factor of 10 in 2017, but its growth has been tremendously volatile.

AP Explains: What is bitcoin? A look at the digital currency

FILE - In this Monday, April 7, 2014 file photo, Bitcoin logos are displayed at the Inside Bitcoins conference and trade show, in New York. The price of bitcoin , the most widely used virtual currency, rose above $10,000 on Wednesday, Nov. 29, 2017 for the first time, breaking a symbolic threshold in what ...

Data Sheet—Like Webvan and Pets.com, Bitcoin and Digital Currencies Have Potential Value

I was asked recently to share my views on bitcoin , the virtual currency whose price—not value—recently crossed $10,000. I've tackled tough topics I needed to understand at least a little in my time: semiconductors, enterprise software, net neutrality. (Patience, people. Patience.) But cryptocurrencies, I ...

Bitcoin Cash Plans to Increase Its Block Size, Again

Bitcoin cash developers have made "tentative" plans to increase the cryptocurrency's block size again next year. At least, that's according to a new, rough six to 12-month roadmap released yesterday by the bitcoin offshoot's main developer team, Bitcoin ABC. The roadmap notably includes two hard ...

Missiles can reach all US, says North Korea; Bitcoin tops $10000

Missiles can reach all U.S., says North Korea; Bitcoin tops $10,000. WikiTribune Briefing and 4 collaborators Started 29 Nov 2017 | Last edited 1 min ago. WikiTribune's tracking these stories and more. To collaborate on the Briefing, please SIGN UP or SIGN IN ...

Bitcoin is 'digital gold' for millennials and could reach the '$100000 range,' says strategist Tom Lee

Bitcoin is essentially "digital gold" for millennials, and the cryptocurrency could easily achieve the $100,000 range, strategist Tom Lee says. "We think over the next 10 years, this new generation of millennials are going to view trust as a replacement for gold. So, bitcoin is essentially digital gold for ...

Bitcoin, once 'sketchy,' becomes more mainstream

In 2010 Ashley Foster, a financial advisor in Houston, was asked by a man if he had ever heard of bitcoin . Foster said he had not, and after the man explained the cryptocurrency to him, he thought: That's the dumbest thing I've ever heard. But the conversation left Foster a little curious, so he arranged to ...

Bitcoin has broken the $10000 barrier – and this run can go further

At the beginning of the decade the price of a bitcoin was barely a penny. It has been the greatest money-making opportunity any of us will see in our lifetime. A $100 bet in July 2010 is now $16m. If you were one of the libertarian geeks who got in close to the start back in 2009 and managed to hold on, ...

Overstretched? Bitcoin Price on Shaky Ground After 1000% Gains

As per CoinDesk's Bitcoin Price Index (BPI), bitcoin (BTC) rose to a new all-time high of $10,831.75 at 05:35 UTC. Prices moved above $10,000 in Asian trading hours. As of writing, BTC is at $10,900. The meteoric rise has taken year-to-date gains to 1,000 percent. Still, there is a need to be cautious, the ...

The next step for bitcoin is ETFs

The assumption is that the trading of bitcoin futures will bring the next logical move: bitcoin exchange-traded funds, which will bring more attention to ETFs and further push legitimization of bitcoin . These are technically listed as exchange-traded products, since they would only be trading a single ...

Bitcoin Gains – Tax Advice For US Taxpayers

As Bitcoin has reached five figure levels this week, I have received a number of questions about taxes owed on Bitcoin gains. That is comforting to me. Bitcoin and crypto are a bit like religion. There are a lot of true believers out there, me included. But at least some people are stepping back and taking ...

Bitcoin and the Fear of Missing Out

Everyone, from the Uber driver to the hedge-fund manager, appears to be afraid of missing out on the Bitcoin bubble. Milestone crossed. $10,000. That's about the only real takeaway we have from the latest symbolic milestone for the granddaddy of cryptocurrencies. Its price in dollars has multiplied ...

Bitcoin surges past $10000

Bitcoin is now worth over $10,000. The cryptocurrency, which crossed the milestone for the first time since its creation in 2008, surged past $10,000 on Tuesday evening as it climbs toward $11,000, according to research site CoinDesk. Bitcoin has spiked 933 percent since the beginning of the year, ...

Hackers Want In On Bitcoin Action: Expert

Cybercriminals, hackers, Internet pirates, call them what you want, are scouring the Internet in search of easy targets as the world wakes-up to the success of Bitcoin and its altcoin successors. According to American SANS Technology Institute's online forum, a cybersecurity expert's software has ...

Price of bitcoin over $10000 as rally gains pace

Bitcoin Futures Draw Push Back, Not Stop Light From Market Cops

Since CME Group Inc. announced last month it would bring bitcoin to the derivatives market, the company has been in heavy negotiations with the Commodity Futures Trading Commission. While the agency has limited power to halt CME's plans -- or a proposal from Chicago rival Cboe Global Markets ...

Bitcoin sees sudden, sharp spike after smashing through $10000

The cryptocurrency traded at an all-time high of $10,831.75 just after 12:30 a.m. ET, according to industry site CoinDesk. Since bitcoin's market capitalization is less than $200 billion, enthusiasts point out the digital currency could rise dramatically if it draws even a tiny fraction of the world's $200 trillion in ...

Bitcoin too small to threaten world economy, says Bank of England deputy

The JP Morgan chief executive, Jamie Dimon, has described bitcoin as “worse than tulips”, in reference to a famous market bubble from the 1600s. Speaking in September, Dimon said the digital currency was a fraud that would ultimately blow up, adding it was only fit for use by drug dealers, murderers ...

Bitcoin is on course to break $11000, just hours after passing $10000 for the first time

He said in an email: "$10k represents the closing of the second cycle in Bitcoin which has drawn the interest of institutional investors who have so far been constrained from trading by their remits. This is starting to change as more sophisticated and regulated instruments are made available. This will ...

Bitcoin Is un-Islamic, Says Turkey, As Price Soars Above $10000

Turkish authorities have declared that Bitcoin is not accordant with Islam and has warned its citizens against buying the world's most popular cryptocurrency. Turkey's Directorate of Religious Affairs, known as Diyanet, said that the cryptocurrency is widely used for nefarious and illegal activities, and is not ...

Bitcoin will hit $40000 in a year! But beware, have small exposure

Leveraging for bitcoin in anticipation of humungous return indicates heightened greed in the crypto-currency market. Data available with Google Trends shows people around the world are searching 'buy bitcoin with credit card' with Nigeria and St Helena being among top searchers for these words.

As bitcoin passes $10000, experts consider whether cryptocurrencies will crash or carry on

Bubble, Ponzi, tulip and trouble have been among the words used by crypto-critics over the past year as bitcoin powered from under $1,000 and ...

Bitcoin Smashed 10K While Hedge Fund Managers Moans, 14K Next?

The reality is that Bitcoin has cracked the symbolic mark of $10,000 (which I mentioned a few weeks ago). This was a critical level for the crypto king which is attracting millions of investors. The value of the currency has risen more than 800% since the start of the year. Only this month, it is nearly ...

What Bitcoin Watchers Are Saying After the Surge Past $10000

“One of the main factors is the settling down of the civil wars that have been raging on,” Chu said, referring to intense debate within the industry over technology upgrades that resulted in the formation of a rival coin called bitcoin cash. “There's much less drama at the moment at least. One side has ...

How bitcoins became worth $10000

On Tuesday evening, the value of one bitcoin shot above $10,000. It has been a remarkable run for a currency that was only worth about $12 five years ago. The run has been particularly remarkable because it's still not clear what Bitcoin is useful for. During its early years, the cryptocurrency garnered a ...

Bitcoin just hit $10000 for the first time

The price of bitcoin hit $10,000 this morning (Nov. 29), reaching the historic milestone for the first time, even as respected voices warned against investing in the cryptocurrency. According to Coindesk, bitcoin first surpassed the $10,000 mark around 1.30am UTC (9.30am Hong Kong time), and soon ...

One bitcoin is now worth $10000

For perspective, bitcoin is now up 1,258% over the past year, with the cumulative value of all cryptocurrencies up 2,174% to a total of $316B. Bitcoin alone currently represents ... Yet others say that this is the biggest speculatory bubble the world has ever seen, and that bitcoin will crash to zero tomorrow.

Bitcoin just hit $10000: Dizzying rally shows no sign of slowing

Next month, investors should be able to start trading bitcoin futures via the Chicago Mercantile Exchange, which is expected to give the virtual currency more legitimacy among professional investors. Futures allow traders to bet on the future price of assets like currencies, metals and agricultural ...

$10000: Bitcoin's Price Makes History

The price of bitcoin has risen above $10,000 on CoinDesk's Bitcoin Price Index (BPI) for the first time. Having scaled to $9,000 this weekend, the world's largest cryptocurrency by market capitalization hit a new high at 1:45 UTC today, market data shows. The move came after exchanges in South Korea ...

Bitcoin blasts past $10000 mark amid bubble concerns

The bitcoin bulls are running. Bitcoin's value has been skyrocketing of late, and on Tuesday it broke the $10,000-per-coin mark for the first time, just two days after passing $9,000. The cryptocurrency was trading at $10,034 as of this writing, an increase of more than 900 percent since the beginning of the ...

Bitcoin Hits $10000 as Sharp Rise Drowns Out Skeptics

Bitcoin crossed the $10,000 mark for the first time in its nine-year history, the latest burst in a rally that has transformed the virtual currency from a curiosity to a hot topic for mainstream investors. On Tuesday at around 8:30 p.m. Eastern time, the digital currency passed the threshold to trade at $10,025.96 ...

'I'd Like To See Gold Behaving Like Bitcoin' - Rob McEwen

The bitcoin vs. gold debate continues and according to mining mogul Rob McEwen, the latter is still the place investors should put their money in. “I don't connect bitcoin and gold at all. They are serving two different purposes,” he told Kitco News at the Silver & Gold Summit in San Francisco. “ Bitcoin is ...

Bitcoin tops $10000 in some exchanges

In some emerging markets, bitcoin has hit well over $10,000. In Zimbabwe, bitcoin traded at $17,875 on Monday. Tuesday's price in Zimbabwe was not available. In South Korean exchanges, bitcoin was already close to $11,000 or higher. It traded at nearly $11,000 on Tuesday on bithumb after hitting ...

Bitcoin: What's behind the gold rush?

Others point to the growing prospect of Bitcoin crossing over into the financial mainstream. "Speculation is a big part of this, but there are signs of growing use," says Dr Hileman. He says there were between three and six million people around the world actively using crypto-currency in April. "Today it's ...

Bitcoin crosses $10000 milestone

The value of one bitcoin has gone past $10,000 (£7,493). The virtual currency reached the benchmark for the first time, just days after it passed $9,000. It caps a remarkable rise in value for the crypto-currency, which was trading below $1,000 at the start of the year. Some experts believe the asset still ...

Bitcoin surpasses $10000 for the first time

The digital currency hit $10,000, according to CoinDesk, marking an exponential ascent from 6 cents seven years ago and less than $1,000 at the start of this year. Since bitcoin's market capitalization is less than $200 billion, enthusiasts point out the digital currency could rise dramatically if it draws even ...

Bitcoin Blasts to Record $10000 as Bubble Warnings Multiply

Bitcoin has risen by more than 50 percent since October alone, taking off after developers agreed to cancel a technology update that threatened to split the digital currency. Even as analysts disagree on whether the largest cryptocurrency by market capitalization is truly an asset, its $167 billion value ...

Why Bitcoin Is the 'Ultimate' Value Play: Stahl

Most investors avoid bitcoin as a highly volatile and speculative asset, with no intrinsic value. But veteran value investor Murray Stahl, whose firm owns $100 million in bitcoin , says the digital currency represents "the ultimate value investment," according to Barron's. The reason: Stahl says that, unlike ...

Bullish Indians rush in for a big bite of bitcoin

The pricing is a function of demand and the total volume of bitcoin mining, or supply, in a particular country. Japanese and Korean bitcoin exchanges, too, trade at a premium as compared to the US market. On average, about 1,000 bitcoins worth about Rs 76 crore are traded every day across India's ...

Will Bitcoin hit $10000?

Are Bitcoins useful for anything beyond financial speculation? Its promoters call Bitcoin an electronic currency — but are Bitcoins really suitable for everyday market transactions, like grocery shopping? Are they a good long-term store of value, a sensible choice of financial instrument for people who want ...

Bitcoin tops $10000 in some exchanges

NEW YORK (Reuters) - Bitcoin soared to an all-time high above $10,000 on Tuesday in some smaller exchanges and digital currency indexes, but ...

Hey Idiots--You're Gonna Lose All Your Money on Bitcoin, Idiots

Bitcoin is a fake and made-up scam. Can you articulate what it is? “Bullshit jargon that means nothing”-you. Hell no. All we can say for sure about this ...

Bitcoin Hits $10000 Because Ceilings Are Just a Construct, Man

Some thought that $2,000 would be the point at which we'd see a reversal of Bitcoin's ascent. Others predicted it would top out at $4,000. Then, $4,000 ...

Bitcoin clears $10000

Bitcoin , the red-hot digital currency, has cleared $10,000 for the first time. The virtual currency, which has gripped the attention of Wall Street and Main ...

Will Gavin Sell His Bitcoin? - #468

Rooster Teeth Podcast: Will Gavin Sell His Bitcoin ? - #468. Join Gus Sorola, Gavin Free, Becca Frasier, and Burnie Burns as they discuss external hard drives, net neutrality, the iPhone X, and more on this week's RT Podcast! This episode originally aired on November 27, 2017, sponsored by Tipsy ...

3 Reasons to Be Petrified of Bitcoin

Cryptocurrencies are all the rage right now, and none is more popular than bitcoin . Speculators have been driving up its price, predicting it will be the ...

Bitcoin is an Economic Miracle: Cambridge Professor

Bitcoin is the world's first form of decentralized money; a store of value that is censorship-resistant and that is immutable against manipulation by ...

Markets Update: Bitcoin Bulls Set Their Sights for the $10000 Target

The price of bitcoin has grown significantly since our last price report when BTC surpassed US$9,000 per token. Now the cryptocurrency is setting its sights on the $10,000 target just two days later as the price has been hovering around $9,850-9,950 over the past six hours. Bitcoin has already touched ...

Stay Safe By Keeping Your 'Bitcoin Business' to Yourself

Bitcoin has grown in value quite a bit this year and with it comes a sizeable economy. Because of this, the network effect has increased, and a lot more people are now associated with the bitcoin environment. However, cryptocurrency enthusiasts, individuals working in the bitcoin industry, and everyday ...

Billion-dollar Crypto Club Swells to 16 Big Hitters as Bitcoin Price Tests $10000

The global average bitcoin price briefly broached the $10,000 mark on Tuesday, largely due to significant premiums on high-volume South Korean exchanges. Meanwhile, the number of cryptocurrencies in the billion-dollar club swelled to a new all-time high — and more are poised to achieve that status ...

How exactly did we arrive at this bitcoin phenomenon?

“You're seeing a wall of capital moving in — and if you're looking at the fundamentals, it's pretty stable underneath,” said Miko Matsumura, who founded a cryptocurrency exchange and has invested in several funds and startups centered around bitcoin . “You can't have the phenomenon without both ...

Oversupply of Bitcoin Will Burst the Bubble?

A recent analysis regarding supply and demand suggests that the end of the Bitcoin bull run will come not as a result of lack of buyers but because of an overabundance of supply. The supply, according to the analyst, will come through new and varied ways to trade Bitcoin and from Bitcoin hard forks.

As Bitcoin surges in value, Elon Musk denies he's its mysterious inventor

Musk, co-founder of PayPal, Tesla boss and CEO of Space Exploration Technologies, responded to a blogpost circulating on several crypto-currency sites claiming that he is Satoshi Nakamoto, the mysterious creator of bitcoin who has never been conclusively identified. “Not true,” Musk said on Tuesday ...

Japanese bitcoin exchange bitFlyer is coming to the US

The exchange is by far the biggest in Japan, trading about $180M worth of bitcoin per day. In terms of traditional exchange volume this ranks as the 14th largest exchange worldwide, but when you add margin volume to the calculation the exchange is actually the largest in the world in terms of total ...

Bitcoin Just Broke $10000, and It Could Go Even Further

The Bitcoin cryptocurrency broke the $10,000 mark on Tuesday, reaching an all-time high and dipping into the sort of five-figure valuations its early investors could only dream of. The community around the currency could barely believe its luck, following a turbulent month that saw the project split twice.

Bitcoin Hits $10000 Because Ceilings Are Just a Construct, Man

At this point, anyone pretending to know what the ceiling is on Bitcoin should be considered no more reliable than a palm reader. On Tuesday, the trading price of the most prominent cryptocurrency hit $10,000 for the first time. And that nice round number will almost certainly have the kind of ...

World's largest bitcoin exchange bitFlyer enters the US

Tokyo-based bitcoin exchange bitFlyer has obtained a license to operate in New York and 40 other states. The Japanese government is friendlier towards bitcoin than many other authorities, contributing to Japan's dominance in bitcoin trading. BitFlyer plans to offer zero percent trading fees in the U.S. ...

Bitcoin will suffer 'wild crashes,' big investor warns

Mike Novogratz — a former Fortress Investment Group trader who lately has been pumping the controversial crypto-currency — warned there will be “wild crashes” in bitcoin on Tuesday, just as it crossed the $10,000 mark on overseas exchanges. “This is going to become the biggest bubble of our ...

Novogratz: Cryptocurrencies like bitcoin are 'going to be the biggest bubble of our lifetimes'

The price of bitcoin rose 1.4 percent to $9,870 on Tuesday, according to CoinDesk. The digital currency is up more than 900 percent so far this year. Novogratz is formerly a macro hedge fund manager at Fortress Investment Group. He is planning to launch a $500 million digital assets fund through his ...

Bitcoin Just Passed $10000. It's Officially One of the World's 30 Largest Currencies.

While Bitcoin has had its ups and downs this year, its surges and upward trends over the last months have seen the cryptocurrency hitting several historic “all-time highs.” On November 20th for example, it surged past $8,200, then topped out at $9,000 on November 26. But the meteoric rise didn't stop ...

As Bitcoin Prices Soar, Forked Rivals Face Different Paths

Bitcoin's stellar rally close to the $10,000 mark appears to have boosted the prices of its recently forked spin-offs bitcoin cash (BCH) and bitcoin gold (BTG). But can they maintain that momentum? Rival cryptocurrency bitcoin cash has something of a parasitic relationship with bitcoin , in that it not only ...

As Bitcoin nears $10000, Elon Musk denies he is its creator

The blog post has since been taken down, though others, including early bitcoin programmer Gavin Andresen, believe Wright is the creator. In 2014, Newsweek wrote a story that it had identified Nakamoto as a then 64-year-old Japanese-American named Dorian Prentice Satoshi Nakamoto. After the ...

What Is Bitcoin Ruby?

Most of us had hoped we would never have to deal with another crappy Bitcoin fork ever again. Unfortunately, there are still a lot of opportunities waiting to be explored. Someone has put together a website for Bitcoin Ruby, although it is doubtful anything will ever come of this project. Then again ...

As Bitcoin Goes Parabolic, Analysts Voice Their Concerns

It takes a brave soul to bet it all on bitcoin . Yet six months ago, that's exactly what one Redditor did, using $325,000 of equity to purchase 191 BTC. As one commenter put it: “Firstly, let me wish you good luck. Second, let me tell you how much of an idiot you are.” As bitcoin kisses the symbolic $10k ...

Novogratz: Rubbishes Bitcoin Bubble, $40000 In December 2018

As the world anticipates Bitcoin to hit the $10,000 mark in the coming days, there is a clear divide between those who call it a bubble and those who see it as the future of money. The meteoric rise in Bitcoin price over the last year has made many a fortune, but November has seen a new wave of good ...

Western Exchanges Struggle to Push the Bitcoin Price Over $10000

Everyone in the world can see it is only a matter of time until the Bitcoin price surpasses $10,000 across all major exchanges. The world's leading cryptocurrency has already done so in Japan and South Korea. However, the Western exchanges still maintain a Bitcoin price of under $9,900. An interesting ...

Bitcoin Is What Email Was In Early 90s

With all the news of adoption and mass appeal, people need to remember that despite Bitcoin price breaking $10,000, less than one percent of the world's population actively uses it. There is a lot of noise around the digital currency, but it is still a small fish in the global economy. Many have likened ...

Bitcoin hit yet another all-time high – but its long-term future is less certain

The price of Bitcoin started an astronomic climb on Saturday, when it hit a new high of $8,471. It then continued to soar, breaking the $9,000 barrier for the first time on Sunday morning, and climbing to $9,649 at this time of writing. As of yesterday, the market cap for all cryptocurrencies combined had ...

As bitcoin nears $10000, millions of newbies are finding it through one app

Bitcoin is a whisker away from the $10,000 mark, as it continues its spectacular run this year. It has gained 900% since January. One company in particular is benefiting from this bull run. The startup “unicorn” Coinbase is adding thousands of bitcoin -curious users daily and now has more registered users ...

Bitcoin: Don't Bet Against The Trend

My view is Bitcoin has transitioned to being more than a cryptocurrency in the minds of investors, even though many probably aren't aware it has happened. This is why some major players in the financial sector call Bitcoin a scam or fake, while at the same time acknowledging the potential disruptive ...

After Japan and South Korea – These Countries Are Primed For Bitcoin Mania

The world is going crazy for bitcoin . You've probably noticed. There's no need to broach the topic with coworkers, friends, and family anymore: they're the ones approaching you with questions. If investors in the west are intrigued by bitcoin , South Korea and Japan have succumbed to full-blown mania.

Falling Dominoes? $10000 Bitcoin Price Now Looks Inevitable

Never say never, but bitcoin looks set to topple the $10,000 mark across global exchanges today. While BTC is yet to pass the notable milestone on western exchanges, trading in Asia has already seen the cryptocurrency hit as high as $10,086 today on data source CoinMarketCap. Bitcoin first started ...

Elon Musk Doesn't Know Where He Left His Bitcoin

But one thing's for certain: bitcoin's very own Keyser Söze is not Elon Musk. The idea that Musk is Satoshi has been doing the rounds recently, thanks to a blog post that detailed the Tesla supremo's suitability in terms of technical skills, understanding of economics and style of self-expression. The post ...

Bitcoin shoots over $9900

As for how high bitcoin will go, billionaire businessman Mark Cuban told Business Insider the coin will continue to push higher as retail investors pour into the space and folks with large bitcoin holdings continue to treat it more as a collectible than a currency. "The number of people opening up new ...

Ladies and gentlemen, one bitcoin is now worth $10000

It seems unreal, but it's true: The price of digital cryptocurrency Bitcoin has just hit $10,000. The all-time-high milestone comes after a period of ultra-fast growth, in which the price of Bitcoin rose from about $3,000 to $10,000 in less than three months. And on Jan. 1, 2017, the price was around $1,000, ...

Bitcoin has hit $10000 in value for the first time after a 1000% increase in its worth this year - and it ...

A single Bitcoin has hit $10,000 (£7,500) in value for the first time in the cryptocurrency's history. The digital money was trading at $10,009 per coin on the CEX IO exchange this morning, before dropping back down below this watershed mark. Over this past year, Bitcoin has seen its worth increase by ...

Meet the real-life 'everyday' Bitcoin investors

Bitcoin is just one of many digital currencies. Many commentators from traditional financial backgrounds have written it off as the "bubble of all bubbles". But it is doubtless making some people rich. Bitcoin's value has soared a staggering 11 million per cent since in five years, with some of the biggest ...

Bitcoin smashes through $10000 barrier for first time ever, sparking fresh fears of a bubble

Bitcoin has burst through the $10,000 mark for the first time in its history, sparking fresh fears that the digital currency has created a bubble that could be about to burst. On Tuesday morning, one bitcoin cost $10,035 on the CEX online digital currency exchange. Some other exchanges, including ...

Bitcoin to Be Tested for Digital Wallets at South Korean Bank

“Since there were some hacking cases, if we have this vault service in place, it will boost safety among investors,” said Park Noksun, a Seoul-based analyst at NH Investment & Securities Co. Park said the plans for bitcoin futures are driving demand because they could boost the cryptocurrency's status.

Bitcoin Price Hits $10000

Bitcoin has finally surmounted the greatest psychological barrier of all, passing $10,000 and showing no signs of stopping. Following a week of ...

Bitcoin could lead kids into illegal activities like drug dealing, South Korean prime minister warns

Rising speculation on cryptocurrencies like bitcoin could cause kids to get into crime such as drug trafficking or pyramid schemes, South Korea's prime ...

Keiser: Dollar Collapsing Against Bitcoin

With every passing week, Bitcoin seems to surge to new heights amid growing anticipation of widespread mainstream acceptance. As the price of the founding cryptocurrency continues to soar, influential financial analysts, stock pickers, forecasters and pundits wax lyrical over it's growing value.

To the Moon? Time to Grow Up, Bitcoin

Of course, not being normal is part of bitcoin's appeal. Bitcoin has redefined money and created the hitherto non-existent concept of a scarce digital asset. It's hard to hold it to the standards of "normal" assets. But as someone who spent decades watching financial markets go through repeated patterns of ...

As Bitcoin Scrapes $10000, an Investment Boom Like No Other

SAN FRANCISCO — Digital gold. The new tulip mania. A virtual currency. Whatever you want to call it, Bitcoin is on an extraordinary run, with the price of a single Bitcoin crossing $10,000 on some exchanges for the first time on Monday — less than two months after it crossed $5,000 for the first time.

Square stock plummets after foray into Bitcoin attracts jeers

Bitcoin may be up 850 percent this year, but it's been a mixed bag for Jack Dorsey. Square, the payment company run by the 41-year-old tech entrepreneur, saw its shares tumble 16 percent on Monday, to $41.02, after an influential Wall Street firm said the San Francisco company's foray into bitcoin ...

Banks And Governments Paying Attention As Bitcoin Hits Record Highs

The digital currency bitcoin has now done something that would make the biggest jumps in the stock market look like mere blips. The price of a single ...

Will The Real Bitcoin Please Stand Up?