Bitcoin news and cryptocurrency
07.12.2017 Bitcoin Exchanges Buckle Under Pressure As Value Blazes Past $16000 ... Bitcoin surged past $16,000 for the first time on Thursday, with frenzied demand to trade the cryptocurrency buckling one of the largest exchanges. The world's biggest cryptocurrency has rallied more than $3,000 in the past 24 hours as mainstream ... read more

A recent report suggests that at current prices, Bitcoin miners will consume an estimated 8.27 terawatt-hours per year. That might sound like a lot, but it's actually less than an eighth of what U.S. data centers use, 1 and only about 0.21 percent of ...A bitcoin mining company in Slovenia said it had been hacked for the possible theft of tens of millions of dollars. As the price of the virtual currency soared past $17,000, NiceHash, a company that mines bitcoins on behalf of customers, said it is ...

“This is a very, very unusual market, that shows we're not in a normal two-way trading market.” Daily price swings of that magnitude and weakness at the exchanges underscored concerns raised Wednesday by some of the world's biggest brokerages, which ...The Bitcoin gold rush accelerated Tuesday, as the world's best-known digital currency barreled through $14,000, $15,000 and $16,000 in an extraordinary price run-up that now values the cryptocurrency at more than $270 billion, eclipsing the market ...Bitcoin and other digital currencies are all the rage. But how do you value Bitcoin? You don't.

It's been a tumultuous week for bitcoin. After dropping 20 percent in value last week, the digital currency topped $12,000 on Tuesday, reached $15,000 by early on Wednesday and, on Thursday, rocketed above $19,000 before falling and settling around $16 ...Bitcoin soared past the $17,000 mark on Thursday, a dizzying run for a digital currency that was worth less than $1,000 at the start of the year and was once largely the preoccupation of technologists or those looking to avoid scrutiny to launder money ...
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