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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."

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.

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 is recovering but some signs are bearish

On Saturday bitcoin managed to claw back up to a six-day high of $9,070.64 before falling back below $8,000 but climbed back up over $8,700 on Sunday.

Russians held for 'mining bitcoin' at top nuclear lab

Moscow - Engineers at Russia's top nuclear research facility have been detained after they attempted to mine bitcoin on its computers, Russian news agencies reported Friday.

New raids on Japan crypto exchanges after Coincheck hack

Toukyo - Japan said on Friday it had carried out raids on a number of cryptocurrency exchanges following a massive hack that saw thieves steal $530 million in virtual currency.

Bitcoin price in recovery mode at over $8,000

The number one cryptocoin, bitcoin is in recovery mode today after bottoming out the other day below the six thousand mark.

Bitcoin drops below $6,000 for first time in three months

Toukyo - Bitcoin plunged more than 20 percent to fall below $6,000 on Tuesday, its latest sharp loss following a series of setbacks, with a global stock market collapse fuelling the selling.

Cryptocurrency driving boom in graphics card sales

The current crypto-cash boom has led to a graphics card rationing, due to a spike in sales triggering a drop in supply and a hike in prices.

Op-Ed: Blockchain looking dumb after $400 million ‘disappears’

Tokyo - It’s exactly what blockchain is supposed to prevent; $400 million in an obscure cryptocurrency called NEM simply vanished. The exchange is baffled, and the blockchain myth of transparency has taken a serious kick in the teeth.

Op-Ed: Bitcoin price recovers to break through $13,000 briefly Jan. 20

The price of bitcoin recovered to breach the $13,000 level briefly today and has risen more than ten percent over the last 24 hours. Many cryptocurrencies are staging a recovery from the recent downturn.

Morgan Stanley is jumping on the bitcoin futures bandwagon

Morgan Stanley is clearing bitcoin futures trades for clients, according to Bloomberg News. It joins rival Goldman Sachs and a number of large brokerages.

Bitcoin slides to below $10,000

London - Bitcoin, the dominant digital currency, extended a slump Wednesday following a recent surge to trade below $10,000 for the first time since the start of December.Around 1410 GMT, bitcoin stood at $9,807.

Japan has a new female cryptopop group — Kasotsuka Shojo

Japan has a new all-female cryptocurrency pop group, Kasotsuka Shojo, where each band member represents a different type of crypto.

S. Korea govt sends bitcoin on rollercoaster ride

Seoul - Bitcoin and other virtual currencies were sent on rollercoaster rides in South Korea Thursday as the government said it was planning to ban cryptocurrency exchanges, before later backtracking.

Several firms withdraw applications for bitcoin-related ETFs

New York City - Several different firms who were seeking to list exchange-traded funds (ETFs) linked to bitcoin withdrew their filings after negative feedback from the Securities and Exchange Commission (SEC).

Bitcoin market turns bearish as China plans 'orderly exit'

Bitcoin's value is slipping after leaked documents from China suggest the country's finance regulator could clampdown on cryptocurrency mining. Israel's central bank has also voiced concerns, saying today it will not recognise Bitcoin as a real currency.

Op-Ed: Australian banks freezing accounts, exchanges related to Bitcoin

Sydney - The world’s most annoying investment has now become a potential risk, at least according to the actions of some Australian banks. The big Australian banks have been accused of freezing accounts and restricting deposits.

Bitcoin price recovers a bit on Boxing Day

After slumping over the holiday, bitcoin's price struggled back over $16,000 briefly on Boxing Day December 26th before falling back a ways. On December 17th it reached a high above $19,500. It then plummeted to just $10,834 on December 22.

On December 23 bitcoin recovers over $4,000 from its low

A week ago bitcoin prices were nearing $20,000 while on Friday the price dropped below $11,000. Saturday the trend is back up with prices rising above $15,000 again.
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University of Cambridge
Cryptocurrencies such as Ethereum and Ripple have seen massive growth over the past year
Cryptocurrencies such as Ethereum and Ripple have seen massive growth over the past year
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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.
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A pile of Bitcoins
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