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bitcoin crash

Bitcoin Price Drops to Nearly $9K

Bitcoin’s price nearly hit $9,000 on Thursday, a move that came hours after the cryptocurrency briefly went back above $10,000. According to CoinDesk’s Bitcoin Price Index (BPI), the price hit a low of $9,075.87 before recovering. At press time, the cryptocurrency’s value is hovering around $9,287.00. The development is a notable one, coming roughly a […]

petro cryptocurency

Venezuela Raised $735 Million in First Cryptocurrency Sale – Nicolas Maduro

Venezuelan president Nicolas Maduro is claiming that the country has raised $735 million in the first day of a sale for its controversial “petro” cryptocurrency. Announced late Tuesday night, Maduro offered no evidence to back up the claim, though the messaging notably came directly from his official Twitter account. Reuters and the Associated Press said […]

bitcoin price

Bitcoin Price Soars Above $11,600 Amid Strong Korean Demand

Bitcoin Price Soars Above $11,600 Amid Strong Korean Demand Bitcoin’s recovery continues with prices passing $11,600 in the morning’s trading. At the time of writing, the bitcoin global average was at $11,462. Notably, valuations are higher over on data provider CoinMarketCap, where high prices in South Korea seem to be inflating the figures. At press […]

kfc canada bitcoin bucket

KFC Canada Launches Bitcoin Bucket

KFC Canada has launched a special bitcoin bucket meal that can only be purchased using Bitcoin. The limited-time offer launched last week and quickly sold out. “A lot of you want to buy in Bitcoin, which means we keep selling out. Keep on checking in for restocks of this Bitcoin Bucket,” reads the order page […]

bitcoin price

one person likely drove Bitcoin from $150 to $1,000 – Research Finds

Researchers Neil Gandal, JT Hamrick, Tyler Moore, and Tali Oberman have written a fascinating paper on Bitcoin price manipulation. Entitled “Price Manipulation in the Bitcoin Ecosystem” and appearing in the recent issue of the Journal of Monetary Economics the paper describes to what degree the Bitcoin ecosystem is controlled by bad actors. To many it’s […]