Tag: cryptocurrency

May 8, 2020

A rally in bitcoin led the cryptocurrency market higher ahead of a major technical event for the digital coin and as industry participants report an increased interest from institutional investors. Bitcoin crossed $10,000 on Friday morning Singapore time, the first […]

May 13, 2019

Bitcoin has jumped above $7,000, continuing a stunning comeback for the cryptocurrency in 2019. The virtual currency climbed close to $7,600 on Sunday, according to industry website CoinDesk. It’s since pared gains, but is still holding above that $7,000 level. […]

April 2, 2019

Bitcoin jumped suddenly on Tuesday, following months of relatively low volatility in an asset once known for its wild price swings. The price of the world’s largest cryptocurrency bounced 14 percent higher to about $4,700, according to CoinDesk data, reaching […]

December 19, 2018

Bitcoin is finally rallying again. After weeks of pain for the world’s largest cryptocurrency, bitcoin surged 10 percent to a high of $3,929.10, according to data from CoinDesk. Wednesday’s performance brings bitcoin’s three-day gains to more than 22 percent. Other […]

November 26, 2018

Starting this week, Ohio businesses will be able to pay their taxes with Bitcoin. Ohio will become the first state to do so—others, including Arizona, Georgia, and Illinois have considered legislation that would similarly allow businesses to use Bitcoin for […]

October 24, 2018

Bitcoin and major cryptocurrency prices were largely unchanged on Wednesday morning. Bitcoin, the world’s largest digital currency, has been seesawing between $6300 and $6,500 for the last eight trading sessions and that trend was continuing Wednesday, with a single bitcoin […]

September 13, 2018

If you use Kodi for your streaming needs, then it’s time to sit up and pay attention, because a number of add-ons for the media player have apparently been infected by cryptocurrency mining malware that affects Windows and Linux users. […]

August 27, 2018

If the Lambo-lovin’ faithful across the internet are any indication, bitcoin “hodlers” have been surprisingly patient during this nightmarish year. As you can see from this Reddit post, they’ve also kept their sense of humor: Maybe it’s because they’re confident […]

August 17, 2018

SAN FRANCISCO — In December, Bitcoin seemed like the next big thing. One Bitcoin was nearing $20,000, financial journalists were starting to seriously consider whether Bitcoin could replace safe-space investments like gold and companies sprouted up to sell Bitcoin to […]

August 8, 2018

LONDON — The price of bitcoin is slipping on Wednesday, extending a poor run for the digital currency. Bitcoin is down almost 3% to $6,521.47 at 12.45 a.m. BST (7.45 a.m. ET). Over the last 24 hours, it is down […]

June 18, 2018

LONDON — A Wall Street analyst known for his bullish stance on bitcoin has flagged the possibility that bitcoin futures contracts could be hurting the cryptocurrencies price. Bloomberg reports that Tom Lee, the cofounder of research firm Fundstrat, said in […]

May 15, 2018

Coinbase has unveiled a spate of products and services aimed at major players in the financial industry. Tuesday’s announcement, which included a new “white glove” offering called Coinbase Prime, comes as the San Francisco digital currency exchange seeks to entrench […]

April 25, 2018

Cryptocurrencies are falling on Wednesday after rallying strongly over the last few days. Here’s the scoreboard as of 1.25 a.m. BST (8.25 a.m. ET): Bitcoin is down 5.7% against the dollar to $9,109.68 Ethereum is down 10.6% to $629.17 XRP […]

April 4, 2018

LONDON — Bitcoin fell by more than 50% against the dollar in the first three months of 2018 to record its worst start to the year ever. CoinDesk reports that the cryptocurrency recorded its worst start to the year ever […]

March 8, 2018

Bitcoin fell again Thursday, bringing its losses from a high reached earlier in the week to greater than 15 percent, after news of increased regulatory scrutiny on cryptocurrency exchanges. The cryptocurrency fell about 7 percent to $9,825 over the last […]

January 18, 2018

Major digital currencies edged higher on Thursday, after a two-day sell-off saw the world’s biggest cryptocurrency bitcoin lose more than 50 percent from its December high. Bitcoin and ethereum — the first and second largest virtual currencies by market value […]

January 3, 2018

Bitcoin mania doesn’t seem to be waning. People are even mortgaging their homes to pour money into the cryptocurrency that started out 2017 being worth $1,000. By Nov. 20 the price of Bitcoin had set a new record, passing the […]

December 26, 2017

Bitcoin rallied past $15,000 on Tuesday as traders of the world’s biggest digital currency sought to draw a line under its roller coaster five-day slump. The tokens rose 10 percent to $15,116.50 as of 11:26 a.m. in London, the biggest […]

December 19, 2017

Large fund managers can’t help themselves from chasing the explosive returns offered by bitcoin. Their surging interest has made owning the scorching-hot cryptocurrency the market’s most crowded trade, according to a Bank of America Merrill Lynch survey of 203 fund […]

December 8, 2017

Bitcoin prices tumbled more than $3,000 from the record high reached in overnight trading, only to rally moments later as its wild swings continue ahead of the launch of a futures contract linked to the world’s hottest cryptocurrency. Bitcoins hit […]