To some degree, Bitcoin trading has made no sense this year. As country regulator after regulator continued to warn against the dangers of buying cryptocurrencies, the price of Bitcoin and its crypto cousins Ethereum, Dash, Ripple et al continued to rise. The more that establishment types such as JP Morgan's Jamie Dimon chimed in to…
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As BTCChina announced that it will stop new users from registering from September 30th, the price of bitcoin fell down with $1000 since the start of the month. With speculation about the Chinese government banning all exchanges from trading bitcoin and launching their own cryptocurrency, and the comments of JPMorgan Chase CEO, Jamie Dimon, who…
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Following a two month long climb seeing Bitcoin rise from under $1,000 in late March to over $2,700 late last week, Friday and weekend trading activity in the world's leading digital currency have brought Bitcoin back to earth, just a little, on a wild roller coaster ride of volatility. After hitting an intraday and all-time…
Read moreWild volatility is back in Bitcoin-land, as premier Bitcoin exchange Bitstamp was hacked, $5M in Bitcoin was stolen, and Russia starts banning Bitcoin related websites.
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