Bitcoin, the popular cryptocurrency, is facing increased scrutiny from government regulators in China, which are reportedly gearing up to close Chinese bitcoin exchanges. According to a report in Bloomberg, citing Chinese financial news website Caixin, the government has issued a document for local Chinese regulators to...
Bitcoin rallied today after large China-based cryptocurrency exchanges announced they would resume withdrawals. The digital currency peaked at $2,407, a 4.1 percent increase from yesterday. To prevent a price crash, Chinese bitcoin exchanges are cautiously limiting withdrawals. Huobi, one of the first cryptocurrency exchanges to...
On Monday, and for the first time ever, bitcoin was worth over $1,400. While the day’s high was $1,422.22 according to CoinDesk, trading at the time of writing was closer $1,413, up 4.88 percent for the day, up 42 percent from the start of 2017...
In the last few weeks, three separate bitcoin exchanges have reported a halt on processing transactions in dollars — the result of global banks pulling out of high-risk areas. Banks are still exploring blockchain technology in various capacities — as a consortium in Japan recently...
September 11, 2017
Bitcoin, the widely popular digital currency, saw its price drop late last week after a news report surfaced that China was gearing up to shutter local cryptocurrency exchanges. According to a report in Reuters, sources close to a regulatory committee that is in charge of online finance activities told Caixin, the Chinese-language financial news site, […]
September 11, 2017
Bitcoin, the popular cryptocurrency, is facing increased scrutiny from government regulators in China, which are reportedly gearing up to close Chinese bitcoin exchanges. According to a report in Bloomberg, citing Chinese...
May 02, 2017
On Monday, and for the first time ever, bitcoin was worth over $1,400. While the day’s high was $1,422.22 according to CoinDesk, trading at the time of writing was closer...
February 10, 2017
After a couple weeks without major movement, investors and acquirers are showing interest in bitcoin. First, CoinDesk acquired San Francisco-based bitcoin and blockchain investing news and market data startup Lawnmower...
