• Bitcoin soars then falls back; banks raise risk concerns

    9 days ago - By Chron

    NEW YORK - The price of bitcoin swung wildly Thursday, rising to more than $19,000 only to fall sharply within minutes, as the frenzy surrounding the virtual currency escalated just days before it starts trading on a major U.S. exchange.
    The frenzy even has parts of Wall Street concerned. A group of banks came out and complained that federal regulators approved bitcoin futures, which begin trading on Sunday, too quickly and without properly considering the inherent risks in the virtual currency.
    At 1:05 p.m. EST, Bitcoin was valued at $16,825, according to Coinbase, after briefly surging...
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  • Almost every major cryptocurrency not named bitcoin is falling

    Almost every major cryptocurrency not named bitcoin is falling

    9 days ago - By Business Insider

    Bitcoin has been taking traders on a wild, highly volatile ride on Thursday.
    The cryptocurrency rocketed past $16,000 early Thursday, just hours after clearing $15,000 and about 12 hours after hitting $14,000. On some exchanges, bitcoin was trading above $19,000 on Thursday. Crypto exchange Coinbase showed a $3,000 per coin jump on Thursday before the site went down amid "record high traffic." It is now showing a price closer to $16,000. Data from Markets Insider show the price hitting an all-time high of $16,623,64 per coin .
    As bitcoin price fluctuates wildly, other cryptocurrencies like...
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  • Bitcoin Exchanges Buckle Under Pressure As Value Blazes Past $16,000

    9 days ago - By Fortune

    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 demand for bitcoin explodes. Coinbase said it's experiencing record traffic that has slowed trading, while Trezor, a wallet service, tweeted that it's having "minor issues" with its servers.
    Bitcoin listed at $16,103 as of 11:45 a.m. in Bloomberg pricing that is a composite of exchanges. That takes the digital currency's surge this year to more...
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  • Bitcoin soars more than $3,000 in under 3 hours on Coinbase - then the site went down

    Bitcoin soars more than $3,000 in under 3 hours on Coinbase - then the site went down

    9 days ago - By Business Insider

    Bitcoin soared from $16,000 a coin on Coinbase's GDAX exchange to $19,500 in less than three hours Thursday.
    Coinbase said its site was down for some users because of record-high traffic.
    Bitcoin was trading at $15,398 a coin at 11:59 a.m. ET, according to Markets Insider data.
    Bitcoin soared above $19,500 a coin on Coinbase's GDAX exchange around 11 a.m. ET Thursday, just three hours after it blew past $16,000 on the exchange.
    The massive tear upwards seems to have put pressure on Coinbase. The exchange's site was down just before the time of print. The company said on twitter at 8:07...
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  • Bitcoin soars more than $3,000 in under 3 hours on Coinbase -and the site went down

    Bitcoin soars more than $3,000 in under 3 hours on Coinbase -and the site went down

    9 days ago - By Business Insider

    Bitcoin soared from $16,000 a coin on Coinbase's GDAX exchange to $19,500 in less than three hours Thursday.
    Coinbase site appears to be down for some users.
    Bitcoin was trading at $15,398 a coin at 11:59 a.m. ET, according to Markets Insider data.
    Bitcoin soared above $19,500 a coin on Coinbase's GDAX exchange around 11 a.m. ET Thursday, just three hours after it blew past $16,000 on the site.
    The massive tear upwards seems to have put pressure on Coinbase. The exchange's site was down at the time of print. The company said on twitter at 8:07 a.m. PT that users were experiencing issues...
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  • Bitcoin's Crazy Run Is Crushing All Other Digital Currencies

    Bitcoin's Crazy Run Is Crushing All Other Digital Currencies

    9 days ago - By Fortune

    Even by the standards of bitcoin, it's been a crazy few days. In the last 48 hours, bitcoin smashed through the $12,000 mark and kept right on climbing-to $14,000 then $15,000 and past $16,000 as of Thursday morning.
    This is a remarkable run but, in the midst of the mania, something else surprising is happening in the digital currency markets. Namely, the price of other crypto-currencies are not rising right alongside bitcoin as you might expect-they're not even rising more slowly.
    Instead, other popular digital assets like Ethereum and Bitcoin Coin have actually been tumbling as bitcoin...
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  • Bitcoin Surges Past $15000, Up More Than 1,500% Year-To-Date

    9 days ago - By Forbes

    Bitcoin has surpassed $15,000. Where will it go next?
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  • Bitcoin tops $15,000; hack raises concerns ahead of US trade

    Bitcoin tops $15,000; hack raises concerns ahead of US trade

    9 days ago - By Stl Today

    TOKYO - The frenzy surrounding bitcoin amped up further Thursday as the virtual currency soared above $15,000 for the first time, just days before it starts trading on major U.S. exchanges.
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  • How high can bitcoin go? Cryptocurrency rockets past $15K amid bubble fears

    9 days ago - By Fast Company

    Remember last week when we were talking about how amazing it was that bitcoin's value hit $10,000 for the first time? Well, it's already grown by another 50% since then. Early this morning, the digital currency rocketed past $15,000, growing more than $3,000 in just 36 hours, CNBC reports. That makes bitcoin 15 times more...
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  • Bitcoin surges above $15,000 after climbing $2,000 in 12 hours

    9 days ago - By Reuters

    LONDON - Bitcoin rocketed above $15,000 for the first time ever on Thursday, up more than 10 percent on the day, after adding more than $2,000 to its price in fewer than 12 hours.
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