Bitcoin

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Bitcoin Price Watch: Currency Holds Steady at $8,200

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The price of bitcoin fell in dramatic fashion yesterday following Google’s announcement that it would no longer support cryptocurrency and ICO-related ads. Prior, bitcoin had been trading for approximately $9,100, though following the search engine’s sudden decision, the price fell nearly $1,000 (eight percent), and it has been hovering at $8,200 ever since. For the … Read more

Three South Korean Crypto Exchanges Raided for Diverting Funds

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South Korean prosecutors have searched the offices of three cryptocurrency exchanges suspected of buying bitcoin with money stolen from customers’ accounts. According to authorities, the companies turned up on the radar during investigations of dubious transfers in January. The raids have been conducted this week. Also read: Growing Number of South Korean Crypto Exchanges Participate … Read more

Bitcoin Futures Launch in the UK

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Coinfloor have announced their group of cryptocurrency exchanges will now include Coinfloorex, a bitcoin futures exchange. Offering “institutional grade risk management and governance,” traders, hedge funds, and miners will get bitcoin futures “at scale” through “specifically designed cryptocurrency contracts and operational controls.” Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Coinfloor Launches Physical … Read more

Bitcoin Price Watch: Massive Drop After Google Announces It Will Ban Crypto Ads

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Bitcoin is struggling. Following yesterday’s unimpressive but steady balance at $9,130, bitcoin has fallen by nearly $1,000 and is now trading for less than $8,300. The news likely stems from an announcement by Google, as the popular Internet search engine has sworn to ban cryptocurrency and ICO-related ads in the coming months and to crack … Read more