Bitcoin is fighting back

  • The cryptocurrency trades down 2.8%, or almost $26, at $880 a coin as of 11:05 a.m. ET.
  • Bitcoin raced above $915 late Tuesday night but struggle to take out resistance in the $880/$920 area.
  • It raced to a gain of more than 20% in the opening days of 2017 before rumblings that China was going to crackdown on trading began to surface.
  • Then, nearly a week later, China announced it had begun investigating bitcoin exchanges in Beijing and Shanghai on suspicion of market manipulation, money laundering, unauthorized financing, and other issues.
  • When the dust settled bitcoin had lost 35% of its value in a handful of days.

Bitcoin has recouped a good portion of its early losses. The cryptocurrency trades down 2.8%, or…
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Video: Bring on Bitcoin: why Richard Branson and Bill Gates support the currency

  • Bring on Bitcoin: why Richard Branson and Bill Gates support the currency
  • Blockchain also recently introduced an iOS mobile application for its wallets, after Apple Inc. relaxed its policies on apps that handle the virtual currency.
  • Blockchain Ltd., which runs the world’s most popular wallet for storing bitcoins, raised more than $30m in its first outside round of funding.
  • Blockchain, which has more than 2.3m consumer wallets, will use the funds to expand internationally and add features.
  • Lightspeed Venture Partners, Wicklow Capital and Richard Branson were among the investors, the London-based company said in a statement today.

Blockchain President Peter Smith discusses the company’s business model and
the security concerns surrounding Bitcoin
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Bitcoin is tanking after Chinese exchanges block withdrawals

  • China’s largest bitcoin exchanges recently announced they would charge a flat fee of 0.2% on all transactions.
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  • Bitcoin is tanking after Chinese exchanges block withdrawals
  • Reuters/Mark Blinch) Bitcoin was down by 9.6%, or $102, at $959 a coin as of 9:30 a.m. ET on Thursday after at least two of China’s biggest bitcoin exchanges announced they were blocking customers from withdrawing their bitcoins.
  • The announcements followed Wednesday’s meeting between the People’s Bank of China and the bitcoin exchanges.

Bitcoin was down by 9.6%, or $102, at $959 a coin as of 9:30 a.m. ET on Thursday after at least…
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Bitcoin is zooming higher

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  • Bitcoin has had a wild start to 2017 after gaining 120% in 2016.
  • Bitcoin has recently shrugged off an announcement made by China’s three largest bitcoin exchanges that they were going to begin charging a flat fee of 0.2% per transaction.
  • JPMorgan’s Glassman: U.S. Sees Potential of China Growth Sponsored Bloomberg Video
  • China’s hunger for bitcoin has been well documented with nearly 100% of bitcoin’s volume coming from the country.

Bitcoin is zooming higher on Tuesday, up 1.6% at $1,055 per coin as 7:03 a.m. ET. Tuesday’s bid…
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Bitcoin is rallying for an 8th straight day

  • Bitcoin is rallying for an 8th straight day
  • The gains ran bitcoin above the $1,000 level for the first time since November 2013.
  • The current winning streak has tacked on nearly 15% and has bitcoin taking a run at the January high near $1,161.
  • Bitcoin is on track for an eighth straight day of gains as it trades higher by 1.4% at $1,026 per coin as of 7:28 a.m. ET.
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Bitcoin is on track for an eighth straight day of gains as it trades higher by 1.4% at…
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Bitcoin is shrugging off some big news of out of China

  • National Iranian Oil Company head Ali Kardor said the deadline for bids had been pushed back to February 15, ISNA news agency reported Saturday.
  • The claim that Google is terminating its famous launcher comes from a leaked email to Android device manufacturers that was obtained by Android Police on Friday.
  • Donald Trump will attend a G7 summit in Italy this May, the White House said, in what could be his first visit to the continent as US president.
  • According to BGR, Google is removing the Google Now launcher from the Play Store on March 1.
  • Iranian baby caught in Trump travel ban headed to US for surgery

Bitcoin is little changed at $924 a coin as of 7:26 a.m. ET. Monday’s flat session comes despite…
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Bitcoin is having trouble getting through $900

Bitcoin is having trouble getting through $900

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  • Bitcoin has gotten off to a wild start in 2017.
  • Bitcoin holds little changed near $891 a coin as of 7:02 a.m. ET.
  • NOW WATCH: ‘s how to use one of the many apps to buy and trade bitcoin
  • While the rules were aimed at outbound investments by centrally-controlled state firms, it is still notable that bitcoin has so far been spared.

Bitcoin holds little changed near $891 a coin as of 7:02 a.m. ET. The cryptocurrency is…
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Welsh language music service Apton hacked

Welsh language music service Apton hacked - BBC News #bitcoin #Apton #hacked #Wales

  • The service insisted all banking details and personal data remained safe and was stored on different systems to those hacked.
  • A Welsh language music online streaming service has been hacked with demands a ransom is paid to unlock software and return the service.
  • “It seems that we are not the only company to suffer like this and I can see that at least 16 companies have already paid similar amounts,” said Dafydd Roberts from the record company Sain.
  • The Apton service is backed by apps on the Apple and Android stores and received £30,000 in Welsh Government funding to promote the language.
  • One of the companies behind Apton said 1,300 customers’ details are safe.

A Welsh language music online streaming service is hacked with demands for it to pay a ransom to unlock software and return the service.
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First Independent Audit of Pretty Easy Privacy Tool Reveals Four Critical Bugs – The Merkle

First Independent Audit of Pretty Easy Privacy Tool Reveals Four Critical Bugs #blockchain

  • First Independent Audit of Pretty Easy Privacy Tool Reveals Four Critical Bugs
  • The first of the audits has been completed successfully and was conducted by German company SektionEins.
  • Once the audit was completed, the Outlook-version of Pretty Easy Privacy received an update.
  • Pretty Easy Privacy, an open-sourced tool focusing on promoting encrypted communication, will be released to the public in the coming months.
  • The Pretty Easy Privacy tool, which focuses on encrypted communication, has gone through its first audit.

Privacy and security are two topics that have gained importance as of late. Albeit Internet users should have respected these values quite some time ago, it has taken several data breaches and other hacks before consumers saw the light at the end of the tunnel. The Pretty Easy Privacy tool, which focuses on encrypted communication, has gone through its first audit.
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