Category Archives: Bitcoin News

Bitcoin Emerges as Crisis Currency in Hotspots Such as Zimbabwe

About a third of the customers queuing at La Maison du Bitcoin’s teller windows in Paris aren’t speculating on the value of the cryptocurrency. They’re sending digital money home to Africa. “In many countries in Africa, there are far more cellphones than bank accounts,” said Manuel Valente, co-founder of La Maison. “For bitcoin, all you […]

From Bitcoin to Global Equities, It’s Risk-On Again in Markets

By and November 17, 2017, 1:29 AM EST It might be the rebound that was bound to happen. The world is still in a synchronous economic expansion across developed and emerging markets. It still has at least half a year of liquidity pumping ahead from the key central banks, taken together. And it’s still fascinated […]

A Popular Payment App Now Lets Users Buy and Sell Bitcoin

In Brief Square’s Cash app has added new features that allow users to buy and sell bitcoin. Currently, the features are in beta and available to a small number of users, but future updates may add support for easy bitcoin transactions between friends and family members. Square Supports Bitcoin Square’s Cash app makes […]

BTC Pushes All-time Highs and Tests Historic Resistance

Throughout the life of bitcoin’s two-year bull run, it has been confined within two macro trends: one parabolic and one linear — both on a logarithmic scale: Figure 1: BTC-USD, 1-Day Candles, Macro Trend The parabolic envelope (black curves) has confined the entire bull run throughout the last two years. Over the weekend, we saw […]

Bitcoin Passes $8,000 For the First Time in History

In Brief For the first time, the value of bitcoin passed the $8,000 mark. This milestone arrived just weeks after the cryptocurrency crossed the $7,000 mark. Just weeks after crossing the $7,000 milestone, bitcoin surged to a new all-time high on November 16, peaking at $8020 on the Bitfinex exchange. This marked the […]

Bitcoin bursts through $8,000 – Business Insider

NASA Bitcoin pushed past $8,000. Prices rebounded after it fell as low as $5,600 over the weekend. The surge comes amid more regulatory developments in the cryptocurrency market. Bitcoin (BTC) demand is ramping up to end the week, with the world’s biggest cryptocurrency pushing through $8,000 on major trading exchanges. Here are this week’s moves in […]

Coinbase’s Custody service wants to store bitcoin for institutional investors

Safely investing in and storing digital currency isn’t exactly easy, especially if you’re a large institutional firm. So to help, Coinbase just announced that they’re launching a service called Coinbase Custody, which will securely hold digital assets for institutional investors. The service will only be available to funds willing to store $10 million or more […]

Bitcoin Breaks Through $8,000 Following Massive Head Fake

Bitcoin just surmounted the $8,000 level, topping out at $8,020 on Bitfinex before retreating to $7,900 at press time. By now, reading about Bitcoin’s breach of its previous high might be getting repetitious, so strong has the currency’s bull run been. This time is an exception, though, because Bitcoin just pulled the mother of all […]

Blockchain – the technology behind bitcoin – will change the financial world forever

Blockchain is the technology behind the phenomenon that is bitcoin – and it may end up changing how the finance industry operates forever. From payment processing that bypasses the banking system to cryptocurrencies launched by central banks, its impact could be significant. However, this technological disruption is unlikely to happen overnight, as regulators will want […]

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