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Bitcoin (BTC)

BTC Price: $ 99,541.8

Change 24h: 2.62%

Today Open: $ 96,999.5

Today High: $ 100,867.3

Today Low: $ 96,479.6

Sweden Latest Government to Auction Bitcoins, Turns Tidy Profit

Asset forfeiture goes digital, as governments around the globe attempt to profit from the world’s most popular cryptocurrency’s soaring value. Sweden joins its ranks, auctioning off bitcoin at a sizeable margin. Also read: Ross Ulbricht’s 144,336 Bitcoins Sweden Lives in a Digital World “Now you can buy bitcoin at the Crown Bailiff,” Sweden’s Crown Bailiff Authority…

Gold Still Beats Bitcoin, According to Goldman Sachs… But What About Price Independence?

Goldman Sachs has expressed interest in starting a bitcoin trading operation, but it’s not drinking the Kool Aid just yet. In a note to clients, the Wall Street investment giant said gold beats bitcoin in almost every way. Gold Wins, Says New York Bank “Gold wins out over cryptocurrencies in a majority of the key…

Bitcoin Surging Means New Storage Fears as Users Take Extreme Measures

Bitcoin millionaires are now a thing, and so are thousandaires. It’s been a good, good year for users of the world’s most popular cryptocurrency. With sums exceeding expectations by a lot, problems arise. Keeping it all on a smartphone no longer seems reasonable. Exchanges prove insolvent. And so storage has become an obsession, leading to…

Bitcoin Cash Price Technical Analysis – BCH/USD Approaching Short-term Break

Key Points Bitcoin cash price is consolidating above the $320 support area against the US Dollar. There is a short-term contracting triangle forming with resistance near $335 on the hourly chart of BCH/USD (data feed from Kraken). The price might dip once more before moving higher above the $330-340 levels. Bitcoin cash price is moving…

Zimbabwe News – Bitcoin Selling at Twice Global Dollar Average

Following over a decade of economic turmoil, Zimbabweans are turning to bitcoin for some financial stability. Yes, you read that correctly!  I mean, seriously, just how messed up is that? As a result, bitcoin is reportedly selling in the capital, Harare, for almost double the global average, according to TheNational.ae. I Thought Harare was That Gorilla…

Star Jets International Now Accepts Bitcoin Payments

Star Jets International LLC now accepts bitcoin payments for private jet flights. The company is a wholly owned subsidiary of Advanced Defense Technologies, Inc. Customers who use Star Jets get to leverage all the advantages of using a corporate jet, according to an Econotimes article.  Also read: Bitcoin Cash Developers Propose New Address Format Furthermore, customers have…

Bitcoin Price Analysis: Potential Wyckoff Distribution May Spring New All-Time Highs

A potential Wyckoff Distribution phase is under way as bitcoin continues to climb on shaky ground. Days after having a strong $1,000 climb and nearly reaching $6,000 on most exchanges, we saw a strong rejection of the upper limits of the market as it plunged $600 over the course of a few short hours. Let’s…

First 1GB Bitcoin Block Mined – Congestion is in the Past!

The first 1GB block on Gigablock – a testnet administrated by BU chief scientist Peter Rizun, has been successfully mined by researchers with Bitcoin Unlimited (BU),  Nchain and the University of British Columbia. Gigablock Initative Mines the First 1G Bitcoin Block https://t.co/tH1B2bXGmu — Breaking Crypto News (@Breaking_Crypto) October 16, 2017 Such a development has particularly…

Here’s Bitcoin.com’s Updated Stance on Specific Bitcoin Chain Symbols and Monikers

A lot has changed in the cryptocurrency space, and things are entirely different than they were when bitcoin was launched by its anonymous creator back in 2009. One of these changes has affected the entire ecosystem, as the bitcoin scaling debate has caused significant strife between bitcoin proponents. Also read: Bitcoin Cash is Bitcoin This summer…

Here’s Bitcoin.com’s Updated Stance on Specific Bitcoin Chain Symbols and Monikers

A lot has changed in the cryptocurrency space, and things are entirely different than they were when bitcoin was launched by its anonymous creator back in 2009. One of these changes has affected the entire ecosystem, as the bitcoin scaling debate has caused significant strife between bitcoin proponents. Also read: Bitcoin Cash is Bitcoin This summer…