Square

Warning Signs About Another Giant Bitcoin Exchange

Warning Signs About Another Giant Bitcoin Exchange SAN FRANCISCO — As the price of Bitcoin has soared, the virtual currency has edged toward the mainstream. Square, the fast-growing payments company run by the Twitter co-founder Jack Dorsey, has begun selling Bitcoins to ordinary consumers, and the Chicago Mercantile Exchange will soon allow banks to trade on the value of Bitcoin. But if you want to see where the price of Bitcoin is actually determined in round-the-clock bidding, you have to…

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3 Reasons the Bitcoin Price Hit $8,000 Today

3 Reasons the Bitcoin Price Hit $8,000 Today The bitcoin price touched the $8,000 mark on Friday morning (or Thursday night, depending on your time zone), enabling the flagship cryptocurrency to check another milestone off its to-do list before it reaches five-figure territory.   Bitcoin Price Touches $8,000 Just days prior, the bitcoin price had been trading below $6,000, but a mid-week rally raised bitcoin back to its pre-dip level and ultimately vaulted it to a new all-time high of…

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Bitcoin Breaks Through $8,000 Following Massive Head Fake

Bitcoin Breaks Through $8,000 Following Massive Head Fake Bitcoin just surmounted the $8,000 level, topping out at $8,020 on Bitfinex before retreating to $7,900 at press time. By now, reading about Bitcoin’s breach of its previous high might be getting repetitious, so strong has the currency’s bull run been. This time is an exception, though, because Bitcoin just pulled the mother of all head fakes. Looking back About a week ago, the SegWit2x hard fork was cancelled and the price…

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