Bitcoin

Bitcoin
Bitcoin Increasingly Dominated By High Speed Traders
January 17, 2017

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
Bitcoin Tracker: Fight Or Flight
January 13, 2017

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,...

Bitcoin
Bitcoin Falls Again After China Central Scrutiny
January 11, 2017

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...

Bitcoin
Answers From China On Bitcoin’s Drop
January 10, 2017

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...

Bitcoin
Illegal Bitcoin Exchange Operator Admits To JPMorgan Hack
January 10, 2017

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...

Bitcoin
China’s Central Bank Urges Caution; Tanks Bitcoin
January 09, 2017

Urging of caution when it comes to investing in bitcoin by China sent the price of bitcoin plunging 12 percent late last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bitcoin
Bitcoin Tracker: Bye Bye, $1,000+
January 06, 2017

This week’s Bitcoin Tracker is like a game of good news, bad news. To keep us in good spirits heading into the weekend, let’s start with the bad and end with the good. Get the Full Story Complete the form to unlock this article and...

Bitcoin
Bitcoin Drops 23%, Recovers Below $1,000
January 05, 2017

They say that nothing can last forever. Whoever “they” are, they’re not likely a part of the crowd that was hoping that bitcoin’s $1,000 break would last longer than it did. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Bitcoin
Bitcoin Breaks $1,000
January 03, 2017

Given the past few days, it seems like 2017 could be a banner year for bitcoin. Bitcoin broke past $1,000 in value on its first day of trading in 2017. This marks the first time in three years that the cryptocurrency has been so valuable....