• Why is bitcoin's price so high?

    3 days ago - By Tech Crunch

    Bitcoin's price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? First we must understand what drives bitcoin price and, in particular, this boom. The common understanding for current growth leads us back...
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  • After a wild week, bitcoin is finally falling

    After a wild week, bitcoin is finally falling

    3 days ago - By Business Insider

    Bitcoin drops sharply after four days of massive gains.
    Price falls by around 8% by mid-morning trade in Europe.
    Bitcoin had risen as high as $19,000 on some exchanges, but most saw highs of around $16,000.
    LONDON - The price of bitcoin has dived below $16,000 overnight and remains lower during morning European trade on Friday.
    Following a week of wild gains, in which the cryptocurrency rose in value by more than $5000, it seems as though investors may be taking stock, with some cashing out.
    According to data from Markets Insider, bitcoin's value has fallen 8.2% during the current trading...
    Read more ...

     

  • After a wild week where it gained $5000, bitcoin is finally falling

    After a wild week where it gained $5000, bitcoin is finally falling

    3 days ago - By Business Insider

    Bitcoin drops sharply after four days of massive gains.
    Price falls by around 8% by mid-morning trade in Europe.
    Bitcoin had risen as high as $19,000 on some exchanges, but most saw highs of around $16,000.
    LONDON - The price of bitcoin has dived below $16,000 overnight and remains lower during morning European trade on Friday.
    Following a week of wild gains, in which the cryptocurrency rose in value by more than $5000, it seems as though investors may be taking stock, with some cashing out.
    According to data from Markets Insider, bitcoin's value has fallen 8.2% during the current trading...
    Read more ...