bitcoin

bitcoin price

Bitcoin drops below $7,000

Bitcoin dropped more than 6 percent over two hours Monday, to below $7,000 as the April tax-filing deadline approaches. The cryptocurrency hit a low of around $6,646.07 on Monday, according to data from CoinDesk. Bitcoin prices have fallen more than 27 percent over the past month. Tax Related Selling Tax-related selling has been a key […]

rbi ban cryptocurrencies

INDIA RBI’s cryptocurrency clampdown

The Reserve Bank of India (RBI), India’s premier Bank on Thursday, finally clamped down on cryptocurrencies. As part of its bi-monthly monetary policy statement, the central bank stated that, with immediate effect, entities regulated by it can no longer deal with or provide services to any individual or businesses dealing with or settling virtual currencies. […]

bitcoin price

Bitcoin Plunges to Below $7K

The price of bitcoin is back below $7,000 and trading at its lowest price since Feb. 7. According to CoinDesk’s Bitcoin Price Index, the world’s largest cryptocurrency is changing hands around $6,900, a move that follows its steady decline from around $8,000 since the start of the Mar. 29 trading session, a 15 percent dip […]

bitcoin price

Bitcoin Continues to Fall Despite Technical Improvements

Things are evolving in an interesting direction where Bitcoin is concerned. Even though the price is declining rapidly, there are positive changes on the horizon. It’s always important to put things into the right perspective. It has been a wild rollercoaster ride for Bitcoin, to say the very least. It is not the first time […]

New York Power Authority Bitcoin Miners

Bitcoin Miners in New York Can Now Be Charged Extra for Electricity

Bitcoin Miners Can Now Be Charged Extra for Electricity, New York Power Authorities Say The New York state Public Service Commission has ruled that power companies can charge higher rates to cryptocurrency mining operations, which have moved into the state’s north to take advantage of low-cost hydropower. The ruling, reported by industry news site Utility […]

bitcoin atm

Iceland Gets Its First Bitcoin ATM

Iceland’s first bitcoin ATM has been installed at the Hlemmur Square hotel. It is thought, moreover, to be one of the first bitcoin ATMs in Europe. Hlemmur Square’s Bitcoin ATM only accepts deposits currently, but it’s hoped that customers will be able to withdraw money from it in the future. The average age of Hlemmur […]