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The price of bitcoin continues to climb to new highs, reaching an average of $3,525 across global exchanges today, according to the CoinDesk Bitcoin Price Index. All told, the price of bitcoin has now climbed 250% since the start of the year, rising from just under $1,000 on January first to its all-time high today….

Bitcoin cash, the offshoot of cryptocurrency bitcoin that was created yesterday, is now worth $7.6 billion, according to data provider Coin Marketcap. That pegs the value of all the bitcoin cash in circulation at 17% of bitcoin’s total market value of $44.4 billion. This makes bitcoin cash the third most valuable cryptocurrency, behind bitcoin and ethereum….

WHAT IS BITCOIN CASH? Bitcoin Cash is a token that exists due to a user-activated hard fork (UAHF) that will bifurcate the Bitcoin blockchain into two branches. The UAHF was initially a contingency plan against the user-activated soft fork (UASF) announced by the bitcoin company Bitmain Technologies. Since this announcement, at the “Future of Bitcoin” conference…

The new token has rallied nearly 200 percent A new digital currency called “bitcoin cash” (BCC), created by the splitting of the bitcoin blockchain, is rapidly rising in price despite lacking crucial support from parts of the cryptocurrency community. “There’s no infrastructure available out of the box, to support BCC,” warned Fran Strajnar, co-founder and CEO of data…

Bitcoiners woke up to a pleasant surprise on Tuesday, May 9 as the price per bitcoin once again touches new levels. The decentralized currency continues to trade higher as bitcoin’s fiat value is currently up over 15 percent with an average price of US$1720 per BTC. Just when traders thought the rally was getting exhausted,…

Analyst: Expect Bitcoin Price at $3,000 By Year’s EndUnprecedented Bitcoin Volume Peter Smith, Blockchain’s CEO, told CNBC that Blockchain has experienced unprecedented volume. A £3,000 price by year end is feasible at current price appreciation. Experts cited other factors as well. The expected approval of the Winklevoss exchange traded fund could deliver a “flood of…

Bitcoin Price Spikes Above $1,300 Bitcoin prices saw a significant price spike this morning, briefly shooting above $1,300 to hit a new all-time high. Markets peaked at an average of $1,325.81, according to the CoinDesk Bitcoin Price Index (BPI), before falling sharply back below that level to hit a daily low of $1,178.54 – a…

Man Uses Bitcoin to Buy Real Estate. CoinDesk – Kadhim Shubber (@kadhimshubber) Many people dream of quitting their job, collecting their bags and jetting off to a tropical paradise forever. Many people dream, but few people act. Gregory Simon is one of the few who decided to act. This year he moved to Nicaragua and bought a 0.3-acre…