LBX Weekly Market Overview 14th August: A ride on the crypto carousel with LBX, The London Block Exchange August 14, 2018 Crypto investors always question token prices, with Bitcoin’s price attracting the most attention as it commands the longest history. The news that ICE (NYSE) is creating Bakkt – a new exchange that will open the gates for institutional investors to buy bitcoin – along with the multiple filings for Bitcoin ETFs, are both strong positive [...]
Bitcoin sinks below $15k while ethereum nears its all-time high January 9, 2018 After a brief rally that began last night, bitcoin sank back below $15,000 today, but ethereum rose to $1,215, nearing its highest ever level. Bitcoin’s price dropped as much as 10 per cent yesterday, but ethereum regained its spot as the second most valuable cryptocurrency by market cap after Ripple dropped off of a recent [...]
Bad day for bitcoin as it dives below $15,000 – as Ripple loses a third of its value January 8, 2018 What a difference a month makes. Having touched $20,000 in December, today bitcoin fell below $15,000 again, as fellow cryptocurrency Ripple lost a third of its value. Bitcoin’s almost 10 per cent fall, to just over $14,800, came a week before the first bitcoin futures were due to expire. In December the Chicago Board Options [...]
Bitcoin price (BTC) tumbles, having risen as high as $17,000 December 8, 2017 The value of bitcoin reached as high as $17,000 early this morning before dropping back down to below $15,000 a coin. At the time of writing, the volatile digital currency was trading 3.47 per cent below its opening price at $16,272.49, according to Coindesk’s aggregate index. Yesterday, bitcoin broke through numerous milestones, rising thousands of [...]
Bitcoin price (BTCUSD) drops below $10,000 as ethereum (ETH) and Ripple (XRP) follow suit January 17, 2018 Bitcoin dropped below $10,000 today having halved from its peak of nearly $20,000 as fears of a regulatory clampdown persisted. The cryptocurrency dropped to as low as $9,801, its lowest point since before December, according to Coindesk’s aggregate price index. Bitcoin’s market cap has shed tens of billions of dollars since Monday as the digital [...]
As London Blockchain Week starts, it’s worth remembering that bitcoin is a drop in the ocean to compared to blockchain opportunities January 18, 2018 London Blockchain Week kicks off tomorrow, bringing together experts from around the world to share their new and exciting applications for blockchain technology. It marks an important moment for blockchain’s move to the mainstream, with several indicators suggesting that 2018 will be a tipping point for the innovative technology. Big businesses are already starting to [...]
Bitcoin steals gold’s shine as new investing in bullion drops by a fifth December 5, 2017 Bitcoin is stealing the spotlight from gold as trading among first-time buyers slid to the lowest point since the metal’s price sank in 2015, new data suggests. Gold trading among existing private investors rebounded as bullion prices steadied in November, but falling interest among new investors caused BullionVault’s gold investor index to dip to 53.9 [...]
Bitcoin faces tighter UK regulation under money laundering plans December 4, 2017 The UK is looking to crack down on bitcoin by expanding European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity to include cryptocurrencies. Bitcoin prices have rocketed more than 1,000 per cent this year, but despite digital currencies becoming more mainstream they are often still associated with cybercrime. The [...]
BitFlyer, the world’s largest bitcoin (BTC) exchange for volumes, is launching in Europe to support euro (EUR) trading January 23, 2018 The world’s biggest bitcoin exchange by trading volumes is opening its doors in Europe for the first time amid a major boom in cryptocurrencies. BitFlyer initially launched in Japan in 2014 and in the US late last year, with $250bn worth of cryptocurrency trades going through the platform in 2017. Read more: Capital One has [...]
Bitcoin price down after South Korea reveals ban on anonymous cryptocurrency trading from 30 January January 23, 2018 South Korea’s financial regulator has announced that from 30 January, the use of anonymous bank accounts in cryptocurrency trading will be banned. Traders will only be able to make deposits in their cryptocurrency exchange wallets if their name matches that on their bank account, the Financial Services Commission said today. South Korea is a hotspot [...]