Bitcoin

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Breaking: Bitcoin Breaks $2,000 To Cap Record-Setting Week For Cryptocurrencies

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 |May 20th, 2017|Money|

Getting Paid And Managing Your Life In Bitcoin

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

By |May 17th, 2017|Featured, Guest Opinion|

Bitcoin Breaks $1,500 For First Time Ever

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

By |May 4th, 2017|Featured, Money|

Bitcoin Price Surpasses Gold For First Time

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

By |March 3rd, 2017|Featured, Money|

Bitcoin Hits Record High, Then Drops

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 |February 25th, 2017|Featured, Money|

China Plunges Bitcoin Price More Than 30 Percent

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

By |January 12th, 2017|China, Far East, Featured, Money|

Bitcoin Approaching All-Time High

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

By |January 5th, 2017|Money|

Bitcoin Is Back Above $1,000

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

By |January 3rd, 2017|Money|
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