cryptocurrency

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New cryptocurrencies cause bitcoin price drop

New cryptocurrencies cause bitcoin price drop

Bitcoin exchange rate fell by 6.76% to $14,300, according to the data of the electronic cryptocurrency platform Coinmarketcap. According to Coindesk, which provides the most accurate bitcoin price using an average from the …

 Russia's Finance Ministry suggests taxation of mining

Russia's Finance Ministry suggests taxation of mining

Russia's Finance Ministry suggests collecting a tax on mining similarly to taxes on business operations, the Deputy Finance Minister Alexei Moiseev said. "We categorize mining as a business activity. Sole …

Bitcoin exchange rate down 12%

Bitcoin exchange rate down 12%

Bitcoin exchange rate fell by 12.5%, according to the data of the electronic cryptocurrency platform Coinmarketcap. As of 11:00 (MSK), Bitcoin price was $14,608, Gazeta.ru reported. Bitcoin plunged below $14,000 in overnight …

Hard fork causes bitcoin price drop

Hard fork causes bitcoin price drop

Bitcoin price continues to decline because of the expected hard fork. The cryptocurrency dropped to $13,530 on the Bitfinex exchange today, to $14,150 on GDAX (0.07%), according to CoinMarketCap -  to $13.990 (1.73%), according to …

Israel mulls creation of own national cryptocurrency

Israel mulls creation of own national cryptocurrency

Israel's Ministry of Finance have been working on a state-backed digital currency, which may be introduced starting in 2019, local media reports. The so-called "digital shekel," identical in value to a physical shekel, …

Bitcoin slips below $14,000

Bitcoin slips below $14,000

Bitcoin tumbled below $14,000 briefly on the Bitstamp exchange today, down roughly 30% from its record top near $20,000 set at the start of the week. It was last down 7% at $14,499 but fell as much as 14.7% earlier in the Asian day, …

Crimean couple names their son 'Bitcoin'

Crimean couple names their son 'Bitcoin'

A couple from Crimea named their newborn son "Bitcoin" after the world's most famous and expensive cryptocurrency. The boy's father explained that he owed his financial well-being to bitcoin, and in this way he wanted …

Bitcoin futures trading underway

Bitcoin futures trading underway

The price of Bitcoin bounced back from a 4pc fall that followed the launch of a new set of futures in the cryptocurrency by the world’s largest exchange provider CME in Chicago. Its value on the Coinbase exchange fell from $19,375 …

Bitcoin hits new all time high

Bitcoin hits new all time high

Having traded in a relatively narrow - for bitcoin - range of $16,500-$17,500 over the past week, the world's most popular cryptocurrency jumped to new all-time highs following the latest (unexplained) burst of buying out of Asia, with …

Airport employee arrested in Moscow for mining cryptocurrency

Airport employee arrested in Moscow for mining cryptocurrency

The FSB  conducted a search at Moscow’s Vnukovo Airport on December 5, 2017. One employee, a system administrator, had seemingly launched a bitcoin mining farm right at his workplace, Russia Beyond reports with a reference to the …

Bitcoin: another day, another record

Bitcoin: another day, another record

Bitcoin exchange rate soared more than 23%, smashing through the $18,000 benchmark for the first time ever, according to the data from Coinmarketcap.  The exchange rate surge over the past day amounted to $4,000. On …

 Bitcoin surges above $15,000 to new high

Bitcoin surges above $15,000 to new high

Bitcoin crossed the $15,000 mark today just 10 hours after topping $14,000.  The landmark happened on the Coinbase exchange at 10 a.m. London time on Thursday, and it traded as high as $15,200 on that platform.  …

Bitcoin exceeds record-breaking $14,000

Bitcoin exceeds record-breaking $14,000

Bitcoin exchange rate rose by 16.5% to $14,507 for the first time, according to the data of the electronic cryptocurrency platform Coinmarketcap. On November 29, the cryptocurrency set a historical record, rising by more than 10% and …

Bitcoin closes in on $13,000 mark

Bitcoin closes in on $13,000 mark

Bitcoin is closing in on $13,000, in what is set to be another milestone in the cryptocurrency’s meteoric rise. The price of Bitcoin pushed past $12,000 overnight, and was trading upwards of $12,700 by midday, according to …

Twins become world's first bitcoin billionaires

Twins become world's first bitcoin billionaires

The twin brothers Tyler and Cameron Winklevoss are worth more than $1bn after capitalising on the astonishing rise in Bitcoin. An $11m bet on Bitcoin made by Tyler and Cameron Winklevoss over four years …

Bitcoin sets another all-time high

Bitcoin sets another all-time high

The price of the cryptocurrency Bitcoin continues its surge above $9,000, trading at roughly $9,495, according to the CoinDesk Bitcoin Price Index (BPI). This continues a roughly eight-month winning streak for Bitcoin and other cryptos, …

First bitcoin robbery solved in Istanbul

First bitcoin robbery solved in Istanbul

Turkey's cybercrimes police detained a gang of thieves who robbed 450 Bitcoins worth $2.83 million from a businessman in Istanbul's Merter district. The incident marks the first time police carried out an operation to detain criminals involved in stealing cryptocurrencies.