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Bitcoin reaches $10,000 valuation for first time

Bitcoin reaches $10,000 valuation for first time

The value of the cryptocurrency is continuing to rise despite fears that an economic bubble is fuelling investment.

16:56, UK, Tuesday 28 November 2017

Image: Bitcoin is now worth almost £7,500


A single Bitcoin has hit $10,000 (£7,495) for the first time despite fears of a bubble.

The cryptocurrency hit $5,000 (£3,750) for the first time in...

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Can you do your Christmas shopping with Bitcoin?

Around this time last year, Bitcoin hit an all-time-high of $800 (£597).

At its peak in the year since, the cryptocurrency had increased more than 2,200% - with a single Bitcoin trading at $17,900 (£13,370) on 15 December.

Of course, that exponential growth in value has come with extreme volatility.

Just a week later, Bitcoin had shed a quarter of its value. One Bitcoin was worth just $13,550...

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North Korea is 'hacking soaring Bitcoin exchanges', say ...

North Korea is seeking to profit from Bitcoin's surging value by hacking Bitcoin exchanges, security researchers have told Sky News.

Ashley Shen, an independent security researcher, said: "We assume one of the reasons why Bitcoin is being attacked is because the price keeps increasing and we think it's reasonable for hackers (to target).

"Digital currency might be easier to gain than physical...

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Related topics : bitcoin exchange value / bitcoin digital currency exchange / bitcoin value one year ago / bitcoin price exchange / bitcoin bank hacked

Bitcoin crackdown as UK mulls cryptocurrency regulation

A crackdown on cryptocurrencies including Bitcoin aims to bring in regulations to combat crime including tax evasion, terrorism and money laundering.

The Treasury announced the drive as work began across the EU to bring transparency to virtual currency exchanges.

Under the plan, online platforms would be forced to carry out due diligence on customers and report suspicious transactions in an effort to make them less attractive to criminals.

The pressure was applied as Bitcoin hovered...

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Related topics : virtual currency exchange platforms / digital currency exchange platform / digital currency values / bitcoin digital currency exchange / digital virtual currency and bitcoins

Is Amazon preparing to accept payments in Bitcoin?

The e-commerce giant has registered a range of cryptocurrency domains, driving speculation it will accept them as payments.

15:39, UK, Thursday 02 November 2017

Image: Amazon has registered three new cryptocurrency domains


Amazon may be set to announce that it will be accepting Bitcoin and other cryptocurrencies on its e-commerce platform.

Amazon has registered three new domains related to...

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Related topics : bitcoin domain register / sites that accept bitcoin payments / accept bitcoin payments / bitcoin value over the years / value of 1 bitcoin cash