It looks like Chinese regulators’ long speculated-upon uptick in interest in bitcoin has started to happen. The nations’ three largest bitcoin exchanges will now begin charging a trading fee, effective this week. BTCC, Huobi and OkCoin have all separately stated that going forward they will charge...
While still volatile, and trying to shake the seedier side of its reputation, digital currency bitcoin has come a long way in a few short years. A few days ago, a move was made that could work to grow bitcoin’s financial legitimacy. Get the Full...
The price of the popular digital currency spent the week climbing back up after fears that China could crack down on its domestic exchanges caused its value to slump. However, recently the People’s Bank of China pointed to irregularities in the operations of bitcoin exchanges...
In mid-November last year, the IRS sought access to bitcoin exchange Coinbase’s user records as part of an investigation into alleged tax violations connected to digital currency. Coinbase user and attorney Jeffrey K. Berns filed a motion in federal court seeking to block the IRS...
Bitcoin has far more traders these days — particularly in China — than it has true believers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Bitcoin’s volatile tendencies were on full display this past week. After flirting with record highs just over one week ago, bitcoin fell to its lowest level in over a month, $746.79, on Thursday (Jan. 12). While that may still seem like a pretty solid value,...
It’s déjà vu all over again – and perhaps even a little bit of we sort of told you so. Bitcoin’s value dropped farther yesterday (Jan. 11), hitting a low in the $750s after briefly flirting with record highs near $1,200 earlier this month. Get the...
Last Friday (Jan. 6) was tough for bitcoin users around the world. Values that had soared to near record highs fell 23 percent, then recovered a bit. At the time of writing, the price of bitcoin sat at $892.62. While the sudden drop was at...
Anthony Murgio, the alleged operator of an illicit bitcoin exchange called Coin.mx, pled guilty on charges of conspiring to use the scheme to hack companies, including JPMorgan Chase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
