Bitcoin taps fresh record highs amid rising demand from Japan, China

Bitcoin climbed above $2,000 for the first time Saturday on increased demand from Japanese and Chinese investors. The digital currency rose more than 4.5 percent to hit an all-time high of $2,061.88, according to CoinDesk.com. Bitcoin was last trading near $2,047. Japan accounted for nearly 55 percent of trade volume, up from near 40 percent … Read more

One Bitcoin Now Worth More Than an Ounce of Gold Ever Was

  In just one year, bitcoin has risen from around $200 to now trade within a touching distance of $2,000, with the currency surpassing gold parity this year and further increasing to a price higher than an ounce of gold has ever achieved. Gold’s historical price – source tradingview. The highest ever recorded price for … Read more

Trump and Brexit Make Bitcoin an Appealing Option for Investors

In a highly eventful program of events for economy watchers, last week saw UK prime minister Theresa May announce that Brexit was going to mean the UK leaving the single market, Trump being inaugurated as the 45th president of the United States, and the European Central Bank announcing that there would be no change in … Read more

Russian fundraising platform WebMoney Funding allow its users to accept Bitcoin

The fundraising platform WebMoney Funding from now on will allow its users to accept transfers made in Bitcoin (BTC). This option will automatically become available to all projects owners. Funds will be received into a user’s internal account on the Funding platform with an option of withdrawing funds to their X-purse later. WebMoney Funding allows … Read more

Bitcoin price climbs to highest level in nearly 3 years

  Bitcoin traders are finally moving past the collapse of Tokyo-based digital-currency exchange Mt. Gox. The price of a single bitcoin US:BTC/USD touched $777 on Friday, its strongest level since February 2014, when reports that hackers had stolen millions of dollars’ worth of customers’ bitcoins from Mt. Gox, formerly one of the world’s largest bitcoin … Read more