Category Bitcoin

China Extends Cryptocurrency Ban; Bitcoin Collapses

Bitcoin going up

China has imposed a blanket ban on all cryptocurrency transactions and promised to eradicate digital asset mining, with its most severe blow to the industry. The People’s Bank of China announced that cryptocurrency-related transactions would be considered illegal financial activity.…

Bitcoin: Does It Climbs to Highest?

Bitcoin’s highest value in dollars, BTC/USD, fell by 1.05 percent on Saturday. Bitcoin closed the day at $47,649.0, consolidating Friday’s 9.86 percent gain. After a volatile start to the day, Bitcoin fell to an intraday low of $47,438.0 in the…

BTC’s Biggest Gain Since July

BTC's Biggest

BTC’s biggest gain since July has traders wondering why. Bitcoin soared, climbing to its highest daily gain since July in a matter of minutes. As other digital currencies soared in a surprise rally following the greatest monthly fall since May.…