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bitcoin News

Greek court orders extradition of Russian Bitcoin suspect to US

Atenas - Greece's Supreme Court on Wednesday ordered that a Russian accused of laundering $4 billion using bitcoin digital currency be extradited to the United States, a court source said.

Banking cryptocurrency Ripple increases in value by over 50%

The cryptocurrency Ripple has more than doubled in price this week and is now the fourth largest by market cap. Ripple has overtaken Litecoin, another alternative coin with similar gains over the past week. Bitcoin's rally is driving the trend.

Bitcoin price reaches another high and closes in on $18,000

Bitcoin set another high today with CoinDesk recording an intra-day high of $17,615. Many analysts think that the rise could have been fueled in part by the launch of bitcoin futures last Sunday evening by Chicago Board Options Exchange (CBOE).

Coinbase CEO warns users to 'invest responsibly'

The CEO of Coinbase has penned a blog post warning users to be careful when investing in cryptocurrencies. Noting that Bitcoin and alternative coins remain volatile, Brian Armstrong said investments should be made "responsibly."

Blowing bubbles: Boom and bust from bulbs to bitcoin

Toukyo - Virtual currency Bitcoin -- or "digital gold" to its fans -- has enjoyed a gravity-defying rise along with wild price swings, sparking fears it could be the latest financial market "bubble.

Bitcoin makes muted stock exchange debut at $15,000

New York - Cryptocurrency Bitcoin made its debut on a major bourse Sunday, opening at $15,000 per unit at the Chicago board options exchange.

Coinbase briefly was the number one U.S.-downloaded app on iPhone

The huge spikes in the value of bitcoin that has gone from well under a thousand dollars a coin at the beginning of the year to a recent high on Friday of over $17,000 have spurred a great deal of interest in bitcoin trading and in Coinbase.

Bitcoin futures launch sparks excitement, warnings

New York - Bitcoin will make its debut on a major exchange Sunday, a landmark for the cryptocurrency that has generated enthusiasm among some investors and more than a little anxiety from others.

The bitcoin 'whales' could create waves in the market

In the context of bitcoin trading the term "whale" is used to refer to players with big money who, according to some, by their actions may "make waves" in the bitcoin market by their huge size and their motions.

Bitcoin mining service NiceHash suffers $70 million theft

The cryptocurrency mining service NiceHash suffered a security breach that resulted in nearly $70 million worth of bitcoins being stolen.

Bitcoin breaks $16,000 barrier with new record high

Thursday morning bitcoin broke through the $15,000 barrier. In fewer than 12 hours, or just half a day, the coin's price rose more than $2,000.

Bitcoin price punches through $12,000 reaching new high

Last night the price of bitcoin shot past the record $12,000 mark for the first time ever. No doubt to the amazement of doomsayers and dismay of short sellers the price went well over that mark.

Bitcoin mining consuming more and more power

A somewhat neglected issue in discussions of bitcoin is the tremendous increase in power consumption used by miners. The rising amount of power required to mine bitcoin conflicts with other attempts to reduce the carbon footprint of industry

Bitcoin posts new record high of $11,831 on Sunday

Although the currency defied doomsayers and posted another record high December 3rd, it nevertheless closed below its previous record high of $11,377.

Bitcoin price on way back up as US futures exchanges approved

The US Commodity Futures Trading Commission (CFTC) has approved the listing of regulated bitcoin futures contracts from CBOE, CME Group and Cantor Fitzgerald.

IRS wants to find out if bitcoin users pay taxes on gains

Last Tuesday a California Federal Court ordered the popular cryptocurrency exchange Coinbase to turn over records on thousands of its customers to the U.S. Internal Revenue Service (IRS).

Op-Ed: Bitcoin surges to record $11,388 then drops well over $1,000

After reaching a record high of $11,388 the price fell back back below a thousand during trading on Wednesday. Demand was so strong the exchanges had trouble handling the traffic. The price was quite volatile,

Op-Ed: Should Bitcoin be banned? Nobel Prize winner says Yes.

Sydney - Bitcoin is either a financial revolution or a paradise for money launderers, depending on your point of view. It’s a hard market to get into, and its reputation as an investment grows murkier by the second.

Bitcoin hits new records, heads for $10,000 as bubble fears grow

Singapore - Bitcoin soared to fresh records Tuesday, putting it on course for $10,000, but the virtual currency's stratospheric rise has fuelled fears of a bubble after a 10-fold increase this year.

Less than a week after breaking $8,000 bitcoin now over $9,000

So far this year the price of bitcoin has risen more than 800 percent. In spite of many analysts predicting the rise is a bubble that will burst the price has been rising quickly of late.

Both bitcoin and 2nd place competitor hit new highs

Bitcoin and ether (Ethereum) the first and second largest cryptocurrencies respectively by market capitalization set record highs back on Thursday both continuing rallies.

Deutsche Bank warns investors not to consider Bitcoin

Deutsche Bank has become the latest institution to warn investors about the risks of Bitcoin investment. The bank's chief strategist said Bitcoin cannot be recommended to "the everyday investor" because of the lack of market regulation.

Bitcoin bubble expands to over $8,200

Rather than bursting, the alleged bitcoin bubble carried on expanding from where it left off on Friday when it broke through the $8,000 mark on one main exchange.

Bitcoin price tops $8,000 on one major exchange Friday

On the cryptocurrency exchange Bitfinex bitcoin rose to a new all-time high of $8,040 on Friday morning briefly before dropping back below $8,000.

Bitcoin recovers while bitcoin cash crashes

While bitcoin prices plunged over the weekend and bitcoin cash prices soared, today bitcoin is recovering and bitcoin cash prices are suffering a steep decline.

Interview: Why greater Bitcoin transparency is needed Special

While blockchain is becoming increasingly accepted by government entities and big-name brands, the process of getting more consumers and institutions to take part is hampered. The reasons for this are explained by Bitcoin Center NYC founder Nick Spanos.

Bitcoin cash soars as big brother bitcoin sinks

This is turning into a wild weekend for cryptocurrencies as bitcoin cash, the coin with larger blocks than bitcoin, is soaring in price while bitcoin prices dropped precipitously.

Doubling block size of bitcoin called off avoiding hard fork

A group of businesses and mining firms that use bitcoin's software to provide services decided not to go forward with a change in the rules on the bitcoin blockchain that would see block size doubled.

'Green' Bitcoin alternative Chia cuts electricity use

The inventor of the BitTorrent torrent network has announced a new cryptocurrency that's a more eco-friendly alternative to Bitcoin. Mining cryptocurrencies requires massive amounts of electricity. Chia uses a different approach that's less demanding.

How blockchains can help healthcare: Interview Special

A new survey shows that the overwhelming majority of healthcare managers see blockchain as contributing to activities like connection, privacy and patient record sharing. To find out how blockchain works with healthcare we spoke with Ammon Fillmore.
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At the state level lawmakers are embracing Bitcoin and other digital currencies.
At the state level lawmakers are embracing Bitcoin and other digital currencies.
Web-dev-chris
A pile of Bitcoins
A pile of Bitcoins
George Frey, Getty/AFP/File
Untitled
Antana Coins
Bitcoin has broken a new record with the price for the digital currency topping $1 000 for the first...
Bitcoin has broken a new record with the price for the digital currency topping $1,000 for the first time. Its value jumped, but it faces an unsteady future
With permission by Reuters
Modern cash
Modern cash
Zach Copley
A 3D rendering of what a physical BitCoin could look like.
A 3D rendering of what a physical BitCoin could look like.
tradertim
A scene from  Dope
A scene from 'Dope'
Open Road Films
Torrent client uTorrent has been found to try to install the resource-hogging Bitcoin miner Epic Sca...
Torrent client uTorrent has been found to try to install the resource-hogging Bitcoin miner Epic Scale along with itself
How-To Geek
An image of what a bitcoin bank note could look like. They have physical versions of bitcoins and ar...
An image of what a bitcoin bank note could look like. They have physical versions of bitcoins and are experimenting with the currency all the time.
CASASCIUS
Bitcoin has enjoyed a stratospheric rise this year  approaching $10 000 from a 2017 low of $752 seen...
Bitcoin has enjoyed a stratospheric rise this year, approaching $10,000 from a 2017 low of $752 seen in January
Pixabay / Pexels
Bitcoin can be used to pay tuition at The University of Nicosia
Bitcoin can be used to pay tuition at The University of Nicosia
University of Nicosia