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Inside Uncle Sam's Secret Bitcoin Hoard
Posted on Wednesday February 21, 2018

When Alexandre Cazes hanged himself in a Thai jail cell in July, the 25-year-old left behind the trappings of a big-league drug dealer: villas, Lamborghinis, a Porsche, bank accounts in Liechtenstein and Switzerland. But Cazes, who authorities allege ...

Bitcoin Looks to Test $12K After Overnight Sell-Off
Posted on Tuesday February 20, 2018

Bitcoin (BTC) has recovered 38 percent of an overnight sell-off and remains on track to test the long-term inflection point above $12,000, technical charts indicate. The cryptocurrency ran into offers above $11,700 yesterday, according to CoinDesk's ...

Bitcoin broke through $11,000 for the first time since January
Posted on Tuesday February 20, 2018

Bitcoin broke through the $11,000 mark over the weekend for the first time since the end of January as its price continues to slowly rise following a violent sell-off at the start of the month. The price of the cryptocurrency went as high as $11,279.18 on ...

Bitcoin and the Incredible Power of Fiction
Posted on Tuesday February 20, 2018

This post originally appeared in Money Stuff. Here's Paul Singer's Elliott Management with the bull case for bitcoin: "FOMO (fear of missing out) has solidly trumped WTHIT (what the hell is this??)," Elliott told clients in a January 26 letter seen by ...

Coinbase And Bitfinex Integrate Bitcoin Scaling Upgrade SegWit
Posted on Tuesday February 20, 2018

Crypto exchange platforms Coinbase and Bitfinex both announced yesterday, Feb. 20, that they are now ready to implement the Segregated Witness (SegWit) scalability upgrade for Bitcoin (BTC). Coinbase tweeted the announcement that it has finished the final ...

Visa Created Duplicate Bitcoin Cryptocurrency Transactions
Posted on Tuesday February 20, 2018

It seems like Visa still has some partners who allow cryptocurrency transactions using credit and debit cards. On Friday, February 16, Visa and Worldpay issued a joint statement that, “Over the last two days, some customers who used a credit or debit ...

Bitcoin nearly doubles in value from year's low hit in early February
Posted on Tuesday February 20, 2018

NEW YORK (Reuters) - Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea’s financial regulator eased its stance on cryptocurrencies, weeks after it ...

Cryptos are tanking again, but not Bitcoin
Posted on Wednesday February 21, 2018

It took Bitcoin several weeks to reach $10,000 again after the price fell below $6,000 in early February’s bloodbath, and it marked the first time since November it dropped so far. Bitcoin then quickly smashed through $11,000, and $12,000 looked like a ...

Bitcoin Price Rises After South Korea Announces Support For Cryptocurrency Transactions
Posted on Tuesday February 20, 2018

UPDATE: 12:01 a.m. EST — The gains made by cryptocurrencies Tuesday were all lost by the end of the day. The price of bitcoin fell by over 6 percent, ending Tuesday at about $10,750. Ethereum lost more than 8 percent, and was trading at about $871 at ...

Bank of England's Mark Carney: Bitcoin has 'failed' one of its key aims
Posted on Tuesday February 20, 2018

Bank of England Governor Mark Carney: Bitcoin has "failed" to become an actual currency. Carney told students at London's Regent's University that bitcoin fails two key tests: it is neither a medium of exchange nor a store of value. UBS, S&P Global Ratings ...

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