Via Coin Desk at 17:50 GMT The popular cryptocurrency Bitcoin has surpassed the $2,000 price level for the first time ever, according to CoinDesk. Bitcoin, which began 2017 just below $1,000, has more than doubled in value less than five months into the year. Bitcoin hit the $2,000 mark Saturday evening GMT following a
By FABIANO DIAS What is it like to receive wages and manage your life using bitcoin? It has been more than a year now since I started receiving 100% of my wages in bitcoin. I can state for sure I'm not the only one, since I work for Bitwage, an American Company that allows professionals to
The popular cryptocurrency bitcoin has reached the $1,500 level for the first time ever. Around 3 a.m. GMT, bitcoin is trading at $1,505, according to CoinDesk. Bitcoin has repeatedly hit record highs this year despite fierce debate among its prominent users over how best to scale the cryptocurrency. The split in the bitcoin community largely
The price of a single bitcoin exceeded the value of an ounce of gold for the first time. On Thursday, bitcoin closed at $1,268 while a troy ounce of gold finished the day at $1,233, the BBC reports. Many savers and investors who distrust central bank-controlled currencies view gold and/or bitcoin as a hedge against money
Update March 1: Bitcoin is again reaching records high. It is trading above $1,218 Wednesday afternoon GMT. Bitcoin soared to record highs on Friday, eclipsing the $1,200 mark for the first time. The popular cryptocurrency has since fallen back in the $1100s. On Friday, bitcoin climbed as high as $1,206.60, according to a Market Watch
By JOSH FRIEDMAN After soaring to above $1,150 in the first week of 2017, the price of the cryptocurrency bitcoin fell to around $750 Thursday. Bitcoin hit a low of $752.11 early in the day, according to the CoinDesk Bitcoin Price Index. China is by in large driving the volatility in the price. Beijing imposes
The soaring cryptocurrency Bitcoin is trading at $1,147 early Thursday, within $20 of the all-time high of $1,165.89, according to CoinDesk. The record high was set on Nov. 30, 2013. In addition to approaching a record high, Bitcoin is nearing parity with gold, which is trading at $1,178. Bitcoin's price rose steadily in 2016, appreciating about
The popular cryptocurrency bitcoin began 2017 by climbing above the $1,000 level for the first time in three years. Bitcoin is currently trading around $1,020. Bitcoin's price rose steadily in 2016, appreciating about 137 percent over the last 12 months, CNBC reports. Bitcoin outperformed all central-bank issued currencies last year, according to the BBC. Cryptocurrency