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Just as we discussed in our last update, the weekend brought a change in Bitcoin’s market price as the long-awaited SegWit2x update was cancelled after failing to gain enough support. Not long after the news spread online, Bitcoin saw a big sell-off that gradually took the price down, culminating in
Continuing its rising trend, Bitcoin hit a new high of $7,600 during the weekend as all eyes from the Bitcoin community were looking towards next week, when Bitcoin’s blockchain upgrade will become a reality. For now, market signals are showing that this big rally will not be slowing down any
It sometimes seems that the rising trend of Bitcoin’s price will hardly ever stop thanks to the global surge in interest the world’s most popular cryptocurrency has been seeing since the beginning of the year. While this time last year, Bitcoin could hardly touch $1,000, nowadays it has even surpassed
In what was one of the most eventful weeks for the cryptocurrency in a while, Bitcoin hit a new record high of $6,100 thanks to high market volumes and an overall bullish interest, only to drop down again rapidly as another offshoot cryptocurrency called Bitcoin Gold split from its blockchain.
Thanks to an increased buying interest over the past few days, the price of Bitcoin has moved long above the $5,000 threshold and set yet another record. The big uptick is seen as a direct consequence of the popularity the cryptocurrency has seen over the previous weeks, although the trend
The price of Bitcoin remains close to $4,790, a day after news started circulating online that Russia might just be warming up to the idea of banning the cryptocurrency. Only a week ago, the USD price of 1 BTC was closer to $4.3K but thanks to a steady interest and
Bitcoin’s price regains former levels and once again proves resistant to significant blows from regulators that used to have a much more drastic effect on its stability. After the reality of Chinese Bitcoin exchanges stopping activity kicked in last week, the price went down from around $3,900 to losing several
The price of Bitcoin suffered yet another hit after news reports coming in from China revealed that the local authorities plan to shut down Chinese Bitcoin exchanges. Only last Monday an official update from the People’s Bank of China (PBOC) hit Bitcoin’s price after it was revealed that the government
In yet another proof that 2017 is indeed the year of Bitcoin, Bitcoin’s price sets a new all-time record by surpassing $4,600 per 1 BTC during the past day. The latest explanation, so it seems, is that it was the Asian markets that brought the price up following the launch
Following last week’s big uptick, mostly likely triggered by the relief that Bitcoin’s network split didn’t have any effect on its price, Bitcoin pulled off yet another incredible feat – going well over $4,000 during the weekend. However, as it has happened many times before, the price rolled back quickly