..

Bitcoin Wild Ride Continues: Up 12.5 Percent Tuesday Morning

Written by:
Guest
Published on:
Dec/26/2017

The anonymous digital currency Bitcoin was up 12.5% to rise above $16,100 late Tuesday morning, according to the US-based crypto-currency exchange Coinbase. 

The recovery has been over 50% since Friday’s low of $10,400, keeping in mind that trading did move slightly above $19,500 just two weeks ago.

There was no immediate explanation behind the extreme volatility in price shifts, much of which has come with the introduction of Bitcoin futures trading earlier this month.

Bitcoin and other crypto-currencies are now widely accepted among both online gambling sites and Pay Per Head ventures.

- Aaron Goldstein, Gambling911.com

Business/Financial News

Coinbase Goes Public, Exposure to Regulatory Danger?

Coinbase Goes Public, Exposure to Regulatory Danger?

Coinbase is making its initial public offering of stock April 14 and this has helped push the price of Bitcoin up to near $64,000 as of Wednesday morning.

Sudan Embraces the Blockchain, Arizona One Step Closer to Sports Betting

Sudan Embraces the Blockchain, Arizona One Step Closer to Sports Betting

The Bitcoin Association and the BSV delegation was welcome by the Sudan government last week in an effort to implement blockchain technology and this week Arizona was well on its way to becoming the next US state to legalize sports betting with only the Governor's signature needed.

Lawsuit Filed Against Dr. Craig Wright "Father of Bitcoin": Not Author of White Paper?

Suit Filed Against Craig Wright "Father of Bitcoin": Not Author of White Paper?

Suit seeks to prove Wright is NOT the rightful founder of Bitcoin, but some would argue we will know otherwise in due time.

Ethereum-based Virtue Poker Gets Malta Clearance

Ethereum-based Virtue Poker Gets Malta Clearance

Ethereum-based startup Virtue Poker plans to conduct an initial DEX offering (IDO). While these types of announcements typically get lost in the crypto waste dump - often where they belong - this one has a little more punch.

The Bitcoin White Paper:  Reclaiming Disk Space

The Bitcoin White Paper: Reclaiming Disk Space and Simplified Payment Verification (SPV)

Continuing in the series of YouTube episodes where Dr. Craig S. Wright and Ryan X. Charles discuss the Bitcoin white paper line-by-line, we arrive at the part of the discussion addressing multiple subjects. Both Reclaiming Disk Space and Simplified Payment Verification are talked about including a few other informative topics that sprung up.  

Syndicate