Bitcoin

Bitcoin (BTC) Price Continues to Shine: Hits $13K Mark

Bitcoin (BTC) is showing no signs of slowing down after an impressive start to the year. After a 250% plus rally, the flagship cryptocurrency has hit the $13,000 level, capping a 40% plus spike over the past week. Given the strength of the upward momentum, Bitcoin price could be on its way to the $14,000 mark. Investors will no doubt be waiting to see if it will make a run for all-time highs of $21,000 again.

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Bitcoin Price Jumps Again, Now Above $8K Mark

Back in 2017, Bitcoin was the biggest news story of the year after it went on a jaw-dropping bull run and reached a price of $20,000 per coin. However, from those heady highs, the bitcoin price soon started dropping and throughout the course of 2018, Bitcoin and the crypto market at large were on a bit of a tailspin.

Bitcoin Price: Analysts Indicate BTC Could Drop to $4,000

Most analysts and investors viewed the recent reaction of Bitcoin price to the Bitfinex/Tether controversy as an indication of improving fundamental strength. According to one analyst, it may be too early to celebrate yet as Bitcoin price is likely to drop into the $4,000 region before gaining any significant support that will allow it to continue with the momentum of growth.

Bitcoin Price: BTC’s Sudden Spike Leaves All Puzzled

The cryptocurrency market has again undergone strict scrutiny after analysts and market players were shocked by the sudden jump in Bitcoin price two days back on Tuesday. The shocking spike in the price generated fear about the high volatility and risk involved in the cryptocurrency market. Investors and analysts, rather than celebrate, have become all the more conscious about the vulnerability of the market.

Bitcoin Price: BTC Extends Rally On Strong Momentum, Now What?

Bitcoin price is going up again on Wednesday, extending Tuesday’s monster rally of over 15%. Early Tuesday morning, BTC ballooned to about $5,080, breaking its long-term resistance level of $4,200. For months now since its infamous crash last year, BTC has struggled to surpass the $4,200 mark, and this begs the question as to whether the cryptocurrency pack leader is en route to its former glory.

Square is Hiring: You Can Be Paid in Bitcoin if You Want

Twitter and Square founder Jack Dorsey has always been bullish in his Bitcoin views. So it’s no surprise that his payments startup Square is now offering new employees the chance to be paid in Bitcoin. According to tweets from the CEO, the company is on the hunt for skilled labor to add to the team.

How to Become a Bitcoin Trader: A Beginner’s Guide

There are several ways to make money in the cryptocurrency market, and you have probably read about some of them. We have covered a few techniques on this platform too. In this post, however, I’ll explain some common trading methods you can begin using right away and give you a few tips for engaging safely in the market.

JPMorgan Claims Bitcoin Isn’t Worth Mining Anymore

JPMorgan analysts are taking jabs at Bitcoin once more. The executives at this major US bank have never been fond of digital currency and blockchain technology. Jamie Dimon, JPMorgan’s CEO, temporarily pulled back on his comments when BTC hit its all-time highs. Shortly after, the coin began to crash, and his skepticism picked up again.

NASDAQ to launch Bitcoin Futures in 2019

Nasdaq Inc. is still planning to launch its Bitcoin futures early next year, Bloomberg reported early this morning. Two individuals familiar with the Bitcoin project told Benjamin Bain, a reporter at Bloomberg, that despite the downturned market the index still plans on offering these contracts.

Jamie Dimon Knocks Down Bitcoin (BTC), Again

JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon has always been tough when it comes to his stance on Bitcoin (BTC). Back in September of 2017, Dimon even went as far as calling it a “fraud.” He later retracted his statement and said that he was wrong for calling it a fraud but was still wary of the digital currency.

Morgan Stanley Bitcoin Derivatives are Ready to Go

Morgan Stanley (NYSE:MS) plans to offer its customers complex derivatives that will be tied to Bitcoin (BTC), Bloomberg reported this morning. The Morgan Stanley Bitcoin derivatives will push the investment bank in the running with its competition currently dabbing in the cryptocurrency space.

Four Catalysts Driving Bitcoin Higher, According to Spencer Bogart

Bitcoin has had quite the year. It hasn’t all been good, with the digital currency dropping below the $6,000 price mark at the end of June. But recently Bitcoin has redeemed itself, witnessing strong gains over the last week. So that brings up the question of whether there are catalysts driving Bitcoin higher. If not now, could there be catalysts at a later date?

Bitcoin (BTC) Not Among China’s Top Ten Blockchains

A new Bitcoin ranking has been released, and the BTC position might surprise you. Don’t worry, it’s overall placement is still number one by market cap, but China released a new listing of its top blockchains and Bitcoin didn’t fare so well. Spoiler alert – Bitcoin didn’t even make the top ten.

Did Tether (USDT) Really Manipulate the All-Time Price Highs of Bitcoin (BTC)?

Tether (USDT) & Bitcoin (BTC) – A new study has surfaced this morning putting Tether in the negative spotlight once again. Last December, Tether was subpoenaed by the U.S Commodity Futures Trading Commission to provide proof that the digital currency was in fact back by a reserve of U.S. dollars. Bitfinex was also subpoenaed due to it losing banking relationships, but continued to remain operational.

Tom Lee Says Bitcoin Bears are Wrong About Three Things

According to Tom Lee, Bears aren’t accurately reading declining volume, tumbling Google search trends and prospects for the price crash. Indeed, Fundstrat’s Tom Lee believes Bitcoin is offering a strong buying opportunity for long-term investors, as he expects the largest coin to trade around $25K by the end of the year.

Yale’s Robert Shiller Is Pessimistic About Bitcoin Price

Bitcoin (BTC) will eventually die: Nobel Prize-winning economist Robert Shiller gave interesting but pessimistic remarks which shatter Bitcoin’s price fundamentals. The Bitcoin price bull-run seems to have paused after increasing skepticism from economist and technical analysts; they continue revealing bearish outlooks for Bitcoin in both the short and the long-run.

Bitcoin News: Spencer Bogart Thinks it’s a Time to Buy

Will Bitcoin price (BTC) rebound this year? Bitcoin price traded in the red over the last three consecutive weeks amid downgrades from big names and price manipulation scandals. After losing billions of dollars over the past three weeks, the largest coin is now receiving strong support around the $7,000 level.

What is a Masternode?

A masternode is a cryptocurrency wallet often referred to as a full node which contains a copy of the ledger in real-time. Blockchains can typically be broken down into three types: Proof of work, proof of stake, and a blend of the two. These blockchains need a system for processing transactions which enables the blockchain to function. However, masternodes are substantially different than the functionality of regular nodes. They go above and beyond in functionality compared to a node which is simply relaying blocks and transactions.

Bitcoin Price: How Low it Can Go?

Bitcoin price (BTC) slid to a new low this month, after crashing below the $8K support level. The largest coin is trading at around $7,300 today and altcoins are also been dwindling at a fast pace. The broader market selloff has snatched $150 billion out of the cryptocurrency market in the last two weeks alone.

Alibaba Founder, Jack Ma, Calls Bitcoin (BTC) a Bubble

The Bitcoin (BTC) bubble theory has resurfaced again, as the founder of world’s largest e-commerce platform, Alibaba, just announced his views of the world’s first digital token. Jack Ma Yun, Alibaba Group’s founder and executive chairman, spoke in a forum on Wednesday and spoke highly of blockchain technology, but expressed his doubts about Bitcoin (BTC).

Tom Lee Bitcoin Price Prediction Fail – Bitcoin Is Not Rallying As Expected

Bitcoin shows no growth: Bitcoin Price (BTC) hasn’t moved higher despite the Consensus Summit: Bitcoin price trades in the range of $8,300 today after briefly touching $8,800 level at the beginning of the week. The largest coin has posted losses in last two consecutive days. This downside move is contrary to analyst’s predictions who were expecting a strong rally amid the New York consensus summit.

Bitcoin News: Price Below $8,500; Jack Dorsey Talks BTC at Consensus 2018

Bitcoin (BTC) has dropped below the $8,500 mark. This is significant news, and it’s likely Bitcoin bears are going to try to drag the currency below the $8,000 mark during the remainder of the week. Will it happen, though? Only time will tell, but we can look to various mediums to see if there is any specific Bitcoin news bringing the price down today, but what may help to turn it around for the coin is Jack Dorsey on BTC— his thoughts are very interesting.

Is Bitcoin Safe? Renowned Investor Tim Draper Believes So

You may have asked the question: is Bitcoin safe? on multiple occasions. Should you really think to put your money into Bitcoin? Well, Tim Draper is an investor with renowned opinions about the cryptomarket. He is an avid believer in the positivities of crypto and his bullish position has earned him many followers and detractors. On multiple occasions, his predicted forecasts have proved successful despite adverse scenarios, and this is something to take into consideration.

Bitcoin Price Drops Back Below $9,000

Bitcoin price (BTC) retreated below the support level of $9,000 for the first time since the start of this month. Although bulls are firmly defending the cryptocurrency markets, the recent bearish trend was supported by Warren Buffett and Bill Gates downbeat assessment of bitcoin price.

Tom Lee’s 70% BTC Upside Prediction; Is it a Fairy Tale?

Bitcoin price (BTC) plummeted sharply in the last two days following Bill Gates and Warren Buffett’s criticism regarding the cryptocurrency markets. The largest coin traded at around the $9,000 level early today, down almost $1,000 from Sunday’s high of $9,900. Altcoins fell at a high mid-single-digit rate in the last two days, pulling the total cryptocurrency market capitalization to the lowest level in the last week. Despite this, another Tom Lee prediction has surfaced.

Coinmarketcap Eliminates Bitcoin.com From Its Bitcoin Page

Bitcoin.com Controversy: Bitcoin Cash has taken things a little too far on its crusade to promote itself, A strategy that has led the ecosystem to a polarization never seen before in the history of the blockchain. While the relationship between ETC advocates and ETH could be described as controversial — two communities whose philosophies are radically different and are critical of each other — the relationship between BTC and its fork BCH is worse and now the lack of seriousness from camp BCH in their strategies has reached a limit.

Bitcoin Payments Returning to Reddit

Two months ago, Reddit dropped Bitcoin (BTC) as a method of payment. This was due to the increase in transaction fees. Now, however, it appears bitcoin may be returning to the platform. This isn’t speculation, either; the Reddit chief technology officer confirmed the news of bitcoin payments returning to Reddit. 

How To Buy ZCash

ZCash is a “P2P” (peer to peer) cryptocurrency and is open source. It has an overall market cap of over $500m and is worth around $300 per coin.  Its prototype is based on a special cryptographic protocol termed “zk-Snark”. This protocol protects the information of a sender, the information of a receiver, and the amount transacted between the two parties. The focus on privacy has attracted illicit use on the part of hackers and lawbreakers. ZCash is fungible as well. This means that every unit of the currency can be substituted by another unit (in the general sense of it). ZCash is created through the process of ZCash mining. The ZCash out in circulation is kept track of by means of a public ledger.

Bitcoin Price: Why Warren Buffett’s Comments Are Important

Bitcoin price (BTC) rallied 50% last month amid improving trader confidence. The market pundits, however, are predicting BTC price to reach $20,000 by the end of this year. The overall trader’s sentiments and market data have also been supporting bull’s stance. The potential institutional investment and claims for higher adaptation are adding to traders sentiments.

Bitcoin Mining

The financial industry was rocked in 2009 when a user (or users) with an alias of Satoshi Nakamoto introduced Bitcoin to the world.  The cryptocurrency, Bitcoin, is a digital currency that can be used as a global payment system.  It was the first of its kind to work without an administrator or central bank – transactions are peer-to-peer, and are verified through a blockchain.

The Craziest Bitcoin Predictions for 2018

As with any new technology and trend, there will always be prognosticators who want to explain to the masses what is going to happen in the future. This is even true of the economists and the pollsters. One has to take all of these with a seriously large grain of salt and healthy suspicion as the predictions are only just that and not necessarily reality. I only need to point you to the 2016 US presidential elections to show you how wrong the pollster prophets were. They still seemed to not have recovered from their bad polling.

MIT Unveiled a Plan to Destroy Bitcoin (BTC)

Bitcoin could become irrelevant if any of the ideas put forth by MIT students become a reality. First though, let’s go back to 2008 when the US went through the worst recession in history; it was even considered to be greater than the “great depression”. The cause of it ultimately came down to the banks issuing money/mortgages to individuals that they didn’t have and the housing market burst as a result.

Brian Kelly Predicts Huge Growth For Bitcoin

Analysts are optimistic about the future of Bitcoin price: Bitcoin price (BTC) traded in the green during the weekend, and the largest coin added $1400 to its price last week.  The latest bull-run continues to receive support from bullish sentiments; bulls believe BTC price has hit the bottom early in the previous week and it is set to make a significant recovery.

Bitcoin (BTC) to Reach $250,000 by 2022, says Billionaire Tim Draper

Notorious American venture capital investors and long-time cryptocurrency bull, Tim Draper, has just set an astronomical prediction for Bitcoin (BTC) by the year 2022. Yesterday, at a blockchain party held at his self-named Draper University in San Mateo, California, he predicted that the world’s largest cryptocurrency would reach $250,000 a coin. The video can be seen below.

Bitcoin Price: It’s Found the Bottom and is Set to Grow

Bitcoin Price (BTC) started reversing losses after finding the support around $6600. It appears that Bulls have successfully defended the second bearish spell of this year and they didn’t let BTC price to crash below the February low of $6000. Bitcoin price posted slight gains on Wednesday and the coin extending the uptrend into Thursday trading. BTC coin soars more than 11% today.

Bitcoin Price Watch – BTC/USD Shakes Off “Death Cross” Signal

Today, April 2, Bitcoin shook off the “death cross” signal seen last week and managed to hold a price of around $7,000, after dropping down to about $6,500 during Easter Weekend. A “death cross” signal occurs when the 50-day moving average crosses below the 200-day moving average, and this is generally regarded as a negative signal. The coin was trading at near $8,000 this time last week.

Bitcoin Price Under Pressure Due To ‘Death Cross’ Concerns

Bitcoin price plummeted sharply today after trading in the narrow range of $8,000 level on Wednesday. The latest selloff isn’t due to ads bans, regulators clampdown or warnings; the downtrend was purely supported by traders concerns over the technical factors on price charts – market participants are predicting a massive crash in BTC price in the days to come, driven by a Death Cross trend. Bitcoin price declined more than 7% today, down 15% in the last seven days.

Bitcoin Price Watch – BTC/USD Breaks Above $8,000 Once Again

Earlier this week, Bitcoin price fell below the pivotal $8,000 mark in light of Twitter’s decision to ban all ads related to initial coin offerings, token sales, exchanges, and wallet services. However, its price began to fall even before the Twitter announcement, so the price decline could also be attributed to continued weakness in the cryptocurrency market. Toward the end of last week, BTC already fell below the $8,500 price level.

Bitcoin Price Watch – BTC/USD Rallies Back To $8,500

This week, Bitcoin price saw a continuous decline thanks to multiple new developments in the industry that could spell tighter rules against cryptocurrencies. This was highlighted by Google’s proposed ban on crypto advertising on its platform, similar to the restrictions set by Facebook in January that took the coin’s price down by 12%.

Bitcoin Price Tanked and It Could Hit $5,000 Level, Analysts Say

Bitcoin price tanked again and the coin isn’t in a position to face tough market dynamics: Investors confidence in cryptocurrencies has seemed to fade away in light of the bevy of negative opinions from market forces of late. Followed by a steady decline in the last two weeks, BTC price fumbled at a double-digit rate on Wednesday and extended the downtrend today – the Google advertisement ban is continuing to jolt the cryptocurrency market.

Mt.Gox Bankrupcy Trustee sells $400 Million USD In BTC; Causes A Drop In Markets Of Almost 40%

Those who have been into crypto trading for some time must already be familiar with the constant fluctuation in token prices. The price variation of Bitcoin in the last three months alone is a virtual roller coaster; the price was $8k in November, 20k in December (19898.8$ to be more accurate) but then back to $9k in January. Such level of risk has generated a universal mantra in the community: “Don’t invest more than you can afford to lose”.

Bitcoin Investors Should Prepare for Risks; U.K. Could Weigh on Prices

Bitcoin investors should be careful; Bitcoin price (BTC) continues to make the sideways movement as the global investment communities are still unsure about the future of cryptocurrencies. The debate for its utilization as an alternative currency and medium of exchange has been going on for years. Bitcoin price was hammered from the $20,000 mark at the beginning of the year to only $6,000. This was after intellectuals, regulators and global leaders stressed on the need for regulating cryptocurrencies during the World Economic Forum.

Bitcoin Price: Are Fools Supporting the Bull Run?

Bitcoin Price (BTC) is slowly but steadily rising since it bottomed at the $6000 level one month ago. Meanwhile, BTC price experienced stiff resistance in breaching the $11,000 mark; the coin continued to trade in the $10,000 range over the last two weeks. Ripple, Ethereum and the rest of the cryptocurrencies continue to bull-run even with substantial threats of a sudden crash.

Apple Co-Founder Falls Victim to Bitcoin Scam

The Economic Times of India’s Global Business Summit took place this week, and it was inevitable that the cryptocurrency sector was going to be one of the topics discussed at length. What wasn’t foreseen, however, was Apple co-founder Steve Wozniak coming forward and saying he was a victim of a bitcoin scam.

Bitcoin Price Watch – BTC/USD Falls Below $10,000

Bitcoin price fell slightly over the past two days, now trading at just below $10,000. The cryptocurrency failed to break above the $12,000 mark, which was a major resistance point set earlier this week. To industry experts, the recent price drop is most likely a product of profit-taking as well as a BTC price resistance established near $11,000.

Bitcoin Price: Where is the New Support Level?

Bitcoin’s bull run failed to break the resistance level of $12000; BTC fumbled for the second straight day and wiped almost $1800 off in the last two days alone – investors are now looking for the new support level. It seems more bearish comments may have a part to play in the current selloff – Bitcoin found the bottom around $6000 after shedding more than 70% of its value.

What is a Bitcoin fork?

If you’re new to cryptocurrency, you have probably spent the last couple of hours being ruthlessly inundated with a whole new dictionary of terms: ‘Blockchain’, ‘Forking’, ‘Mining’… you’ve probably also visited half a dozen forums with the aim of getting a firm hold on exactly what these terms mean, and have come away more confused than when you started. This article is a real, from-the-ground-up, back-to-basics explanation of one particular term: Forking. But first, let’s get the fundamentals down before we discuss a bitcoin fork.

UK Entrepreneurs Sell 50 Apartments in Dubai for Bitcoin

At this point, it’s fair to say the cryptocurrency industry is constantly evolving. Over the course of the past couple of months, we have seen a number of countries roll out new uses for virtual currencies. In Canada, for instance, individuals can now use Bitcoin to purchase meals from KFC. In Australia, travelers will soon be able to purchase items using Bitcoin in the Brisbane Airport. Now, we’ve been informed that luxury flats in Dubai can be purchased with the virtual currency. In fact, there have already been 50 flats sold in Dubai for Bitcoin.

Bitcoin Will Surge Further – Here’s Why

Bitcoin predictions: Cryptocurrencies have been stabilizing over the past three days – something rather unprecedented. Markets had witnessed Bitcoin’s upside volatility last year but found it equally volatile on the downside; the slump from $19,000 to less than $6,000 in last month alone vindicated the instability for both trends.  

Analysts Predict Bitcoin Will Hit $50K in 2018

Bitcoin prediction: It’s been the roughest week yet for cryptocurrencies as the price of Bitcoin sank to just over $6000 – its lowest since November. This, coupled with regulatory fears and ICO scams, has led to increasingly bearish sentiments towards the cryptocurrency market in general. It has lost $340 billion USD since the start of the year. So it’s great news for investors today, as the price of Bitcoin unexpectedly soared 11.4% – over $800 USD – from last night’s low, at 3:30 pm EST this afternoon (the time of writing). But the even bigger news is that analysts are predicting Bitcoin to hit $50K this year.

Bitcoin (BTC) Not Living Up to Its Original Promise

The cryptocurrency market is continuing to rebound after a shaky day yesterday. Coincidentally, the Dow Jones plunged a total of 1,100 points yesterday, around 4.6%, which is the lowest since the European debt crisis back in 2011. The stock market corrected itself from yesterday’s downfall, is there a correlation between the two? I really don’t think so.

Bitcoin Price Analysis – Fighting Off Lows

Though Bitcoin is fighting, it looks like we’re seeing another bad day for it. Today, the price of BTC fell below the $8,000 mark, sinking to as low as $7,700, which marks the second time that it failed to hold a deciding “psychological threshold” for investors. Since earlier today, it has bounced back and stabilized in the range of between $8,500 and $8,800. At least it is fighting. 

Judd Gregg and Bitcoin. Former Governor Compares Bitcoin to Gold

Judd Gregg and Bitcoin (BTC). Should we also compare bitcoin to gold? The former New Hampshire Governor thinks so. There have been a number of prominent leaders joining in on the conversation surrounding the cryptocurrency industry lately. Last week, we heard from Howard Schultz, the chairman of Starbucks. Schultz stated that while he is a fan of cryptocurrency, he does not like bitcoin. Who do you agree with?

Bitcoin Price Crash: Don’t Ignore the Cost of Production

Bitcoin (BTC) price grew in the second half of 2017. The digital currency peaked above $19,000 at the end of last year but, lost nearly half of its value in the new few weeks. Bitcoin continues to trade in a narrow range over the last two weeks is currently trading around the $11,000 mark. Traders blame the lack of regulation for the huge plunge in prices, however, they are ignoring the growth in bitcoin miners and the decline in the cost of production.

Bitcoin Price: What was the Impact of the Coincheck Hack?

The price of Bitcoin (BTC) increased sharply over the weekend and hit a high of $12,000 on Sunday. The jump from Friday’s low of $10,400 was short-lived however as the market was suddenly hit by the Coincheck hack resulting in the theft of $530 million worth of NEM coins (NEM). Bitcoin price has been volatile since the start of this year but the latest hack may have damaged faith in the cryptocurrency even further.

Will Ethereum (ETH) Pass Bitcoin (BTC) This Year?

2017 was the breakout year for cryptocurrency. Starting at the beginning of the year, the total market cap for all cryptocurrencies was just over $17 billion and at the end of December, it reached just under $600 billion. Bitcoin (BTC), the original cryptocurrency, from the year 2013 to the beginning of 2017, held almost 90% dominance of the total market.  Currently, BTC only holds 34.4% dominance. As cryptocurrency gained mainstream attention, Bitcoin slowly started losing the market cap dominance as individuals started buying up the less expensive coins to get their hands in the market. 2018 is shaping up to be the year of the altcoins, as you can see from the chart below. Bitcoin’s growth has slowed since it’s Bitcoin futures contracts launched on two Wall Street exchanges, mid-December. I would like to add, however, that BTC is still up over 1100% for the year in growth. Many who got in early investing in Bitcoin, made a serious profit last year.

Cryptocurrencies Are All About Speculation and Illegal Transfer of Money

Bitcoin (BTC) and other digital currencies started gaining popularity last year following the big tech companies’ interest in blockchain technologies. Moreover, cryptocurrencies’ ability to execute transactions semi-anonymously has added to the popularity. Consequently, people who want their transactions to be hard to trace enjoy the secrecy these digital currencies offer.

Hermitage Capital CEO Says Criminal Activity Will Lead to the Death of Bitcoin

Most of the world at this point has formed an opinion on digital currency bitcoin (BTC). Not everyone is willing to share their thoughts with the masses, especially about something that is so new and so controversial. Is bitcoin a speculative bubble or is it not? There are different indications every day but, there are others who have pretty strong opinions. Former FDIC Chair Sheila Bair, Nobel Laureate Robert Shiller, and even JP Morgan Chase CEO Jamie Dimon have all shared their thoughts. So who else is speaking out?

Proof-of-Stake Can Save Cryptocurrency: NEO, LSK & PHS to the Rescue

The cryptocurrency market has been in turmoil over the past few days, as governments around the world begin to enforce regulations over coin transfers. Bitcoin (BTC) dropped below $10,000 USD on January 17th, for the first time since December 1st (though it is now recovering), and Coinmarketcap has been a sea of red, prompting many reports to describe it as the cryptocurrency ‘bloodbath’. Hyperbolic, maybe, but scary enough if you’ve just invested all the money you were saving up to buy a yacht with.

Could Russia Solve the Crypto Crisis?

The crypto market is in a shambles the past couple of weeks as swathes of governmental regulations give investors cold feet. After last weekend failed to reinvigorate the market, many enthusiasts will be wondering where to look for some positive news. It may be on the way…

Bitcoin Price Plunge: Regulatory Concerns Are Increasing

Bitcoin (BTC) continues to fluctuate. The rise and fall has been driven by regulatory concerns and analyst’s comments. A brief rally over the weekend sent bitcoin prices from below $10,000 to $13,000. However, this was short-lived; the bitcoin price collapsed again during Monday trade. Traders blamed regulatory concerns from South Korea, India, and the European Union for the latest plummet. Currently trading at just above $11,500, Bitcoin is down 11% from the previous close.

KFC Canada Now Accepting Bitcoin As Payment

That’s right, you can now buy KFC’s fried chicken with bitcoin in Canada. The fast-food chain is now accepting the cryptocurrency for a limited time for customers to buy a Bitcoin-themed chicken bucket called the “Bitcoin Bucket”. At the same time, KFC will also place a Facebook-based live tracker of the bucket’s price corresponding to the bitcoin-dollar exchange rate.

Are We Standing At the Top of a Bitcoin Bubble?

Bitcoin has gained significant price appreciation last year with few shortfalls, hitting the peak of $19,343 in mid-Dec. However, bitcoin price started tumbling since then and fell to around $12,000 level at the end of the last year. It is currently trading just below $14,000. The price of bitcoin declined more than $2,000 compared to a month ago level, up more than 1,600% over the same period last year.

eBay Considering Adding Bitcoin

Scott Cutler, eBay’s (NYSE:EBAY) senior vice president, recently announced that his company is seriously considering accepting the world’s largest cryptocurrency, Bitcoin, as a payment method. On the platform itself, there is an array of items that have to do with cryptocurrency from various apparel with bitcoin emblem’s placed on them, mining contracts, hardware wallets and even mining computers. The one major thing missing, is being able to purchase goods in the cryptocurrency.

Bitcoin Reaches Above $19,500 On GDAX, Smashes Records

It has been a crazy morning for the world’s largest cryptocurrency by market value, Bitcoin. There have been varied reports coming from different exchanges on its record highs. Coinbase’s GDAX, which is currently down, had estimates that Bitcoin reached $19,500, whereas multiple other exchanges such as CoinDesk and Coinmarketcap, have that its high was reached at just under $17,000.