bitcoin

Bitcoin price rebounds to $8k, obeys no master

Bitcoin price rebounds to $8k, obeys no master

This morning it seemed pretty bad for cryptocurrency investors and traders - the price of Bitcoin hit a low not seen for months. Here in the afternoon, though, the price of a single Bitcoin is back up to $8k. What can we take from this quick rebound to higher places? We've learned one thing, and one thing only: Bitcoin obeys no master, neither human nor machine. Nay, Bitcoin is its own monster, and it is wild.

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Bitcoin price in flux as Senate Committee goes LIVE

Bitcoin price in flux as Senate Committee goes LIVE

Running right now is a very important hearing before a Senate Committee about the current state of Virtual Currencies. This hearing is taking place on February 6th, 2018, and it's begun at 9:54am EST. Today we've got commentary on several parts of this committee hearing, and we'll have video of the whole hearing as soon as possible. You can also watch live along with us as we continue to bring you commentary the whole way through.

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Bitcoin price rises as the stock market falls

Bitcoin price rises as the stock market falls

This afternoon the stock market - according to the Dow Jones industrial average - plummeted at an extraordinary rate. At the same time, Bitcoin seemed to have the drop-down fever as well. While the price of cryptocurrencies in general didn't seem to suffer quite as bad as Bitcoin, it wasn't a particularly pretty day for investors in any camp. Unless they shorted every market, of course. In the late afternoon a trend emerged - as the stock market fell, the cryptocurrency market rose.

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Bitcoin price crashing, gov session announced on dump

Bitcoin price crashing, gov session announced on dump

Following Bitcoin investors over the weekend, you might've heard the word "correction" a whole lot. That's the word used for when the price of a commodity has gone too high too fast, and the more "correct" price is sought with a selloff. After days of "corrections" and a fairly steady fall in price since nearly reaching $20k at the end of 2017, it's looking more and more like Bitcoin isn't going to run back up to its all time high price any time soon.

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Bitcoin buys banned by JPMorgan, Bank of America

Bitcoin buys banned by JPMorgan, Bank of America

The two biggest banks in the USA have banned cryptocurrency buys on credit cards immediately if not soon. Both JPMorgan Chase & Co. and Bank of America Corp. made moves today to stop credit card buys with known Bitcoin (and other cryptocurrency) sources. That's with "known" crypto exchanges, starting today - all banned from buys with credit cards from Bank of America and JPMorgan.

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Bittrex starts USD deposits: Coinbase suddenly obsolete

Bittrex starts USD deposits: Coinbase suddenly obsolete

The blockchain, Bitcoin, and cryptocurrency universes move really, really quickly. The technology there moves faster than the price of Bitcoin, for goodness sake. As such, the time has come for multiple services - almost simultaneously - to enact the ability to trade USD (United States Dollars) for Bitcoin. Bittrex is the service we're talking about today, as they're just about to start accepting USD deposits.

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Bitcoin price at Dow’s worst week in 2 years

Bitcoin price at Dow’s worst week in 2 years

The drop in Bitcoin price this morning has more than a little bit to do with the drop in the Dow Jones Industrial Average stock market index. This the drop today puts the United States stock market on track for the worst week it's had in two years. If you look at the last several years, this is the first time a drop in the stock market really looks like a bubble popping - but we shall see.

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Bitcoin price drops again, tide rolls out

Bitcoin price drops again, tide rolls out

This week we're having a peek at the seemingly unending drop in price of bitcoin over the past month. While we saw a nearly $20k USDT high back near the tail end of 2017, now the price of one Bitcoin is below $9k. It doesn't take a master of mathematics or market moves to see what's going on here.

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Bitcoin sales opened by Square in Cash app

Bitcoin sales opened by Square in Cash app

This morning Jack Dorsey opened Square's doors to Bitcoin sales, allowing selling and buying from the company's Cash app. This app is extremely simple, allowing users to move money from bank accounts to the app with minimal steps. From there, the app allows the user to purchase bitcoin with a process that's simpler than the one that came immediately before it.

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Bitcoin stock price and why that’s not right

Bitcoin stock price and why that’s not right

This morning we're having a look at the price of Bitcoin today, why it is the price it's at, and why it's like a stock, only not. News this week has Bitcoin on the fritz, and not only because Bitcoin is not a stock. There's also news that Samsung is about to get in on the game - and when a big brand like Samsung joins, you know things are about to get wild.

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Facebook bans bitcoin and other cryptocurrency ads because of scammers

Facebook bans bitcoin and other cryptocurrency ads because of scammers

Facebook has announced a new policy for its advertisement platform: no advertisements promoting bitcoin or any other cryptocurrencies. The company announced the new ad restriction today, explaining that its new ban also applies to ads related to initial coin offerings and binary options. This is done in an effort to protect users from scammers, Facebook says.

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Bitcoin subpoena news smells like insider trading

Bitcoin subpoena news smells like insider trading

Several coincidences have occurred within the date range of today's Bitfinex and Tether CFTC subpoena news. At 10:52 AM MST on January 30th, 2018, Bloomberg Business published a story about a subpoena delivered to Bitfinex and Tetherby the United States Commodity Futures Trading Commission. One hour and 4 minutes later, the original Bloomberg Business article was updated with one minor (yet massively important) detail changed.

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