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Bitcoin price appears in recovery mode well over $8,000

Bitcoin (BTC) rose yesterday well over the $8,000 level and stayed there. Today so far bitcoin appears to be holding its gains.

Trump slaps sanctions on Venezuela's 'bitcoin'

Washington - US President Donald Trump on Monday barred US firms and citizens from dealing in Venezuela's new cryptocurrency.

Bitcoin price struggles to recover then again dips below $8,000

Yesterday it appeared as if the bitcoin price was in recovery mode but by 13:40 UTC today March 17th it had dropped down below $8,000 again.

Bitcoin prices falls as Google bans cryptocurrency ads

On Wednesday morning March 14th the price of bitcoin slipped back below the $9,000 mark as there were several pieces of news that had a negative effect on the market.

A Bitcoin crash won't impact traditional markets

Cambridge - A Bitcoin crash would probably derail other cryptocurrencies, according to new research. However, more traditional markets would be relatively insulated from a sharp devaluation.

Op-Ed: Tokyo whale selling off big lots of bitcoin

Tokyo - Nobuaki Kobayashi is a Tokyo attorney and bankruptcy trustee for the defunct Mt. Gox cryptocurrency exchange who is selling large lots of bitcoin and bitcoin cash and has been doing so since late last September.

600 bitcoin computers nabbed in Iceland heists

Reykjav - Around 600 computers used to mine bitcoin were stolen in Iceland in a series of large-scale heists in December and January, police said Wednesday.

Thieves stole over 600 Bitcoin miners from Icelandic datacentre

Police in Iceland have arrested 11 people in connection with the theft of Bitcoin mining equipment worth almost $2m. The suspects allegedly stole hundreds of computers during four datacentre raids. The incident has been dubbed the "Big Bitcoin Heist."

Bitcoin breaks through $11,000 but then falls back

A recent report from Coindesk shows that the price of bitcoin had risen about 19 percent from its weekly low of $9,304.68. It had recovered five percent just over a period of 24 hours.

State of Georgia considers bill to allow cryptocoins to pay taxes

Atlanta - Two state senators in Georgia have proposed a bill that would allow citizens to pay their tax obligations in bitcoin or other cryptocoins not yet specified.

Op-Ed: Bitcoin not much used as a payment alternative to cash

When it was created bitcoin was expected to be used as a medium of exchange just like fiat money. The first purchase was of two Papa John's pizzas in Florida for 10,000 bitcoins a rather high price given that one bitcoin is now worth over $10,000.

Bitcoin price drops down below $10,000 as recovery fails

Bitcoin has now dropped below the $10,000 level and most cryptocoins are also suffering price declines. Bitcoin is down from a recent high set on February 20. It dropped eight percent within 24 hours.

'Glitch' let customer purchase $2 trillion in Bitcoin for free

The Japanese cryptocurrency exchange Zaif has reported a "system glitch" which allowed customers to purchase cryptocurrencies without paying any value in yen. During the incident, customers used the platform to buy trillions of dollars worth of Bitcoins.

Op-Ed: Bitcoin again falls below $11,000 in spite of bullish prediction

A recent article on Coindesk suggests that with bitcoin above $11,000 and the total market cap of cryptocurrencies approaching $500 billion that the cap could move even higher. But just within a few hours, bitcoin has drifted well below the $11,000 level.

Bitcoin recovers as it breaks through $11,000 easily

This morning bitcoin's price went past the $11,000 mark easily reaching a high above $11,600 in trading this Tuesday morning as its recovery continues.

Ripple rises around talk it will be listed on Coinbase

Ripple did very well in 2017 making far greater gains than the top two cryptocoins Ethereum and Bitcoin. The gains extended into early January.

Bitcoin recovers to break $10,000 barrier again

Bitcoin, the biggest cryptocoin by market cap, has staged a comeback from its recent lows to break through the $10,000 barrier although it dropped back briefly below ten thousand later.

Suspected Austria bitcoin fraud sparks Europe-wide probe

Vienna - Authorities investigating a suspected bitcoin-related scam centred in Austria have asked Interpol to help determine whether there might be perpetrators - and victims - of the scheme across Europe.

Japan's crypto exchange Coincheck sued after massive heist

Toukyo - Cryptocurrency traders filed a lawsuit Thursday against Japanese exchange firm Coincheck, seeking repayment after hackers raided hundreds of millions of dollars in digital assets.

Bitcoin mining boom in Iceland uses huge amounts of power

Iceland is experiencing a boom in bitcoin mining a boom for the economy but also a huge drain on power resources in the country.
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