The digital “tulip mania” surrounding the virtual currency is ongoing Following a record rise to highs around $750 on the Bitstamp exchange ($900 on Mt Gox), the virtual currency has dropped almost 40% to trade as of writing at $470. It is no wonder that Congress is holding hearings these days to gather more information…
Read moreA new Bitcoin frenzy has been unleashed with the Senate virtual currency hearing acting as a trigger Another round of the epic November rise in Bitcoin prices is happening as we speak. Bitcoins are trading in a range between $700 on Bitstamp and $800 on the Mt Gox exchange. A top level of $900 was…
Read moreThe New York based company makes (gradually) its beta platform open to the public The venture capital investors behind Coinsetter might be in for a small party. The forex trading platform based on Bitcoin has announced that it will be gradually opening its beta status to the public. Initially the process will roll out slowly…
Read moreitBit aims at facilitating institutional investors with rock solid security and regulatory compliance As Bitcoin Magazine first reported yesterday, we have a new global player from Singapore that has launched a new bitcoin currency exchange. Attracting some serious venture capital companies such as Canaan Partners and RRE Ventures the company has raised about $3.25 mln,…
Read moreNevada based company Robocoin has installed its first Bitcoin ATM machine in Vancouver. Prices for the digital currency Bitcoin keep on steadily rising, as it did not seem to lose its luster after the Silk Road debacle and kept marking new recent highs at the end of October helped in part by a Chinese major…
Read moreBitcoin prices at lowest levels since April hype, due in part to Mt Gox's problems. LeapRate Exclusive... Bitcoin exchange Mt Gox has been able to solve one of its main problems, by renewing the ability of customers to withdraw money. As we reported several weeks ago, Mt Gox had halted all US Dollar withdrawals in mid…
Read moreMt Gox's receipt of an MSB license is a major step to operating freely in the U.S. Leading Bitcoin Exchange company Mt Gox has applied for, and received, a U.S. Money Services Business MSB license from FinCen, the U.S. Financial Crimes Enforcement Network. As reported in the Wall Street Journal, Mt Gox's MSB license means that Mt Gox…
Read moreBitcoin trading on Mt Gox halted due to server problem. Adding to its woes of late, which include Mt Gox suspending US dollar withdrawals, leading Bitcoin exchange Mt Gox suffered several hours of downtime early Monday, following a server error. Mt Gox attributed the server problem --which they admitted 'should not occur' -- was due…
Read moreBitcoin prices have lost their wild volatility swings, encouraging more Forex and Binary brokers to think seriously about Bitcoin trading. Binary options broker SetOption has announced that it is launching Bitcoin trading for clients. Not much more information was given, other than that is will be BTCUSD trading. SetOption runs SpotOption's binary options trading platform. SpotOption…
Read moreBitcoin exchange Mt Gox said it will likely be several weeks before US dollar withdrawals are back to normal. Leading Bitcoin exchange Mt Gox put out a detailed statement today, stating why the bank has temporarily suspended US dollar withdrawals from customer accounts. The full text of Mt Gox's statement follows, but essentially it boils…
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