This Week in Bitcoin: Ghost Scares Markets, Facebook Mulls Coin

This week’s round-up features a colorful selection of bitcoin stories but we’ll start with the possible explanation for recent market dips. Most cryptocurrencies dropped in price over the period, following developments with depressing effect on traders. In Japan, Mt. Gox’s bitcoins stored in court ordered wallets have moved again, while in South Korea, the largest … Read more

Markets Update: Cryptocurrencies Lose Steam During the Weekend

Cryptocurrencies have been dropping in value this Saturday, May 12 as most digital assets are down between 3-15 percent. The price of Bitcoin Cash (BCH) is hovering around $1,446 at press time while gaining 3.4 percent today — And Bitcoin Core (BTC) values are averaging roughly $8,473 per BTC and its markets are down 1.4 percent this … Read more

Bitcoin Price Watch: Currency Sinks Even Lower to $8,400

The price of bitcoin has sunk even lower during the past 24 hours. Yesterday’s price stood at $8,600 – a nasty drop from last weekend’s high of $9,800. Many were expecting bitcoin to test the $10,000 mark, which didn’t occur. In fact, last week has been the worst in bitcoin’s history since early April, when … Read more

Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9K

Notoriously hacked cryptocurrency exchange Mt. Gox isn’t done with bitcoiners just yet. Just as it appeared the world’s most popular cryptocurrency was ready to strike above the stubborn high nine thousands in price, Nobuaki Kobayashi, Tokyo-based, court appointed trustee of the remaining bitcoin to be distributed among creditors, seems ready to flood another 8,000 coins … Read more

Bitcoin Price Watch: Currency Plunges Below $9,000

The price of bitcoin has fallen dramatically over the last 24 hours. The currency is now trading for about $500 less than where it stood yesterday afternoon. At press time, the currency is wallowing in the $8,600 range after previously hovering at $9,100. Prior to that, the currency had experienced a weekend high of $9,800, … Read more

New HOB Podcast: Ver’s Sci-Fi Novel Life, Voorhees Buys Tucker’s Tie for $72k

Humans of Bitcoin (HOB) is off to a rousing start in its second season on the Bitcoin.com Podcast Network, diving deeply into Bitcoin pioneers over two installments. The current episode features crypto evangelist Jeffrey Tucker, Editorial Director at the American Institute for Economic Research, in a fast-moving interview exploring his intellectual development and discovery of … Read more

Know Your Transaction Is the KYC of Blockchain

You’ve heard of KYC – Know Your Customer – and possibly also KYT – Know Your Transaction – but have likely yet to experience it in action. KYC have lately become the norm for crowdsale registration and exchange verification. Now, KYT is on the rise, and it threatens to blacklist bitcoiners whose cryptocurrency is deemed … Read more

Bitcoin Markets Steady for Another Gox Dump, 16,000 Coins Moved by Trustee

Last time, analysts blamed Mt. Gox and its bankruptcy trustee for pushing hordes of bitcoin onto an already fragile market, crushing its price. Keen monitors of the notorious insolvent exchange’s wallets showed how 16,000 BTC, along with its equivalent in bitcoin cash, were moved, sparking concern the broader market could once again be impacted. Also read: … Read more