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Bitcoin Jumps As Much As Six Percent To New Six-month High

Bitcoin Jumps As Much As Six Percent To New Six-month High

Bitcoin jumped to a new six-month high on Friday in a move that traders said was the result of technical forces, with no immediate news catalysts sending the cryptocurrency higher.

China Wants To Eliminate Bitcoin Mining

China Wants To Eliminate Bitcoin Mining

China’s state planner wants to ban bitcoin mining, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector.

Bitcoin Briefly Hits $5,000 After 20 Percent Surge

Bitcoin Briefly Hits $5,000 After 20 Percent Surge

Bitcoin briefly touched $5,000 on Tuesday, its highest level since late November, while other cryptocurrencies also surged.

Bitcoin Volatility Sinks To Lowest In Nearly Two Years

Bitcoin Volatility Sinks To Lowest In Nearly Two Years

Bitcoin has experienced one of its worst annual price performances of its short 10-year-old life but also appears to have become more stable in the process.

Bitcoin Skids Below $6,000, Hits Lowest Level Since November

Bitcoin Skids Below $6,000, Hits Lowest Level Since November

Bitcoin’s value slid to its lowest level since November on Friday, as waning investor interest and recent negative headlines from global regulators weakened demand for the cryptocurrency.

Bitcoin Tumbles As Hackers Hit South Korean Exchange Coinrail

Bitcoin Tumbles As Hackers Hit South Korean Exchange Coinrail

South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, sparking a steep fall in bitcoin amid renewed concerns about security at virtual currency exchanges.

Bitcoin Company Disappears With Customers Millions

Bitcoin Company Disappears With Customers Millions

A Bitcoin company in Calabar has disappeared into thin air with millions of Naira of customer’s money, The Guardian report.

Google Cracks Down On Cryptocurrency, Bans Bitcoin Adverts

Google Cracks Down On Cryptocurrency, Bans Bitcoin Adverts

Google will ban all adverts for cryptocurrencies, including bitcoin and initial coin offerings (ICOs), as it seeks to “tackle emerging threats”.

Facebook Bans Ads For Bitcoin, Others

Facebook Bans Ads For Bitcoin, Others

Social media giant Facebook says it is banning all advertisements related to cryptocurrencies in an effort to fight scams.

Senate Warns Nigerians Against Bitcoin Investment

Senate Warns Nigerians Against Bitcoin Investment

The Senate on Tuesday began a probe of investments in cryptocurrencies as it urged Nigerians to stay away from them.

Bitcoin Charges Through $14,000 As Investors Pile In

Bitcoin Charges Through $14,000 As Investors Pile In

Bitcoin hit a fresh record of $14,000 Thursday as investors piled in, triggering a warning the cryptocurrency was "like a charging train with no brakes".

Bitcoin Egypt To Launch August Ending

Bitcoin Egypt To Launch August Ending

Egypt’s first bitcoin exchange will go live towards the end of August 2017, the founders of Bitcoin Egypt have said.

CBN Prohibits Banks From Bitcoin, Other Virtual Currencies

CBN Prohibits Banks From Bitcoin, Other Virtual Currencies

The Central Bank of Nigeria (CBN) has instructed deposit money banks and all other financial institutions to steer clear of the operations of bitcoin and other forms of virtual currency.

SEC Warns Investors Against Bitcoin, Other Digital Currencies

SEC Warns Investors Against Bitcoin, Other Digital Currencies

The Securities and Exchange Commission has given a public notice on its website concerning investment in Bitcoin, Swisscoin and other types of crypto-currencies.

Bitcoin: Important Things You Need To Know About World No.1 Cryptocurrency

Bitcoin: Important Things You Need To Know About World No.1 Cryptocurrency

The value of bitcoin surged above $1,100 on Thursday as the digital unit continues a dizzying rise that made it the best-performing currency of 2016.

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