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Bitcoin Breaks $1,000 as Exchanges Break Volume Records Worldwide

Bitcoin’s exchange rate versus the US dollar crossed the $1,000 mark first on the online exchange Bitfinex on Sunday evening GMT. Shortly, that line was crossed also at Bitstamp, after the exchange rate had reached 1005 USD per bitcoin at Bitfinex and 1000+USD per bitcoin at Kraken and Coinbase among other sites.

Bitcoin’s new highs also meant a new market capitalization record above 16 billion USD and an 87.8% dominance compared to all other coins, on Coinmarketcap. The last time Bitcoin...

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Related topics : bitcoin exchange rate usd / currency exchange bitcoin to usd / bitcoins dollars exchange rate / bitcoin exchange market volume / bitcoin coin exchange rate

120,000 Bitcoins Stolen in Bitfinex Hack

Bitcoin’s price crashed today as Bitfinex dramatically announced a “security breach” that led to the theft of roughly 120,000 bitcoins. The biggest USD bitcoin exchange further announced a shutting down of its website and trading in ominous signs reminiscent of MT Gox.

The theft of 119,756 bitcoins has now been conclusively confirmed, valued close to $65 million at press time. The evidence provided is days destroyed. Around mid-day today, there was a dramatic dip

Source for Altcoin...

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Related topics : bitcoin price today usd / bitcoin price news today / usd to bitcoin exchange

Coinbase offers Bitcoin Cash Jan 2018, Funds locked till then

Once supported, customers will be able to withdraw bitcoin cash. We'll make a determination at a later date about adding trading support. In the meantime, customer bitcoin cash will remain safely stored on Coinbase.

Thank you,

Coinbase Team

Looks like coinbase is going to offer support for Bitcoin Cash aka BCH. However any coinbase users will not be able to withdrawl their BCH till Jan 2018.

EMail

https://pastebin.com/9ZnMq0fw

https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1

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Related topics : bitcoin cash coinbase date / trade bitcoins for cash

Bitcoin Halving 2016

#sorry about audio

current BItcoin price is $650, meaning the price of bitcoin is up nearly 50% from 1st January. While macroeconomic factors including uncertainty in China and Europe have arguably played a role, there may be no bigger influence than the upcoming halving, a rare network event has happened today july 9th 2016.

The bitcoin network is set to Halve the rewards on blocks at set intervals or milestones. In the beginning miniers were rewarded 50 BTC per block when unlocked and now...

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Related topics : btc china bitcoin price / bitcoin price today

North Carolina Senate Passes Virtual Currency Bill

Following a majority vote of the North Carolina Senate, the General Assembly of the state has now approved the amendment of a statutory article – the North Carolina Money Transmitters Act. The move will see the term “virtual currency” added to the existing law.

Bitcoin exchanges and other industry companies in North Carolina will now be mandated to obtain a money transmitter license following a vote by members of the North Carolina...

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Related topics : virtual currency exchange bitcoin

Why is Bitcoin Worth Money?

My rant why Bitcoin is worth money

Correction: 20999999.9769 Bitcoins. I screwed up

Bitcoin Break sha-256 encryption as a source of funds. using your computing power allows you to monizate your power, and Hash rate into a token that solves a encrypted file.

SSL uses Sha-256 type encryption for everything from atm withdrawals, online purchases, and secure bank to bank transfers. Bitcoin is cracking that encryption quickly and monitizing that ability. As the network as grown new chips have...

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Related topics : current bitcoin worth / bitcoin bank transfer / bitcoins what are they worth

Litecoin Mining Pool WeMineLTC.com Disappears stoking Fears of Theft

A litecoin mining pool seemingly pulled the plug over the weekend, stoking accusations of fraud and theft.

WeMineLTC, according to posts on social media yesterday, closed down their website and shuttered their Twitter account without explanation....

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Related topics : litecoin mining pool

The European Union Wants to Identify Bitcoin Users

January 1, 2017

The European Union Wants to Identify Bitcoin Users

The European Parliament and the Council of the European Union have proposed amending a directive on preventing money laundering and terrorist financing that will require cryptocurrency exchanges and wallets to identify suspicious activity, a directive that would include identifying bitcoin users.

The directive constitutes the main legal instrument to prevent the EU financial system from being used for money laundering and...

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Related topics : bitcoin exchange money laundering

Buy Ethereum on Coinbase

Bitcoin exchange and wallet service Coinbase is adding support for ether, the native cryptocurrency of the Ethereum network.

http://www.coindesk.com/coinbase-exchange-rebrand-ethereum-trading/

https://techcrunch.com/2016/07/21/coinbase-is-adding-support-for-ethereum/

Donate Bitcoin: 18ijbmxHTaeX6d8nQCDnfYyEcGcrZMNv7i

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Indonesian Bitcoin Market Rises, Rapid Increase in User Base Reported

Bitcoin Indonesia, a prominent online Bitcoin marketplace for Indonesian traders and investors, revealed a rapid development in its user base after adding over 170,000 members within 12 months.

At the beginning of 2016, Bitcoin Indonesia served 80,000 active users on its marketplace. Tens of thousands of members purchased and sold Bitcoin through Bitcoin Indonesia through simplistic deposit and withdrawal methods such as bank over-the-counter cash settlement and online...

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Related topics : bitcoin marketplace indonesia / purchase bitcoin online