PYMNTS

MAY 14, 2019

A 60 percent surge in a month – for anything, really, be it stock or bond or digital currency – is nothing to sneeze at, but it could be something to see with wonder. Bitcoin, that marquee name in cryptocurrency, has seen its price swell by roughly that 60 percent number through the last few weeks, to about $8,000. Fundamentals?

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PYMNTS

DECEMBER 18, 2018

One year after bitcoin topped $19,400, the popular cryptocurrency rallied on Monday (December 17) and broke through the $3,400 level, CNBC reported. Still, the outlet noted that the digital currency plummeted by over 80 percent since that time. The price of bitcoin was $3,500.69 as of 9:06 p.m. per Coindesk.

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PYMNTS

JUNE 1, 2018

Shares of Square have risen almost 50 percent, adding about $8 billion in market value, since the company launched bitcoin trading last year for its Cash App customers. Square’s founder and chief executive, Jack Dorsey, helped to enable merchants to accept bitcoin as a payment method back in 2014. Didn’t see much.

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PYMNTS

MAY 5, 2017

Bitcoin’s value keeps breaking through ceilings again and again. It seems blowing past $1,400 at the start of this week wasn’t enough for the digital currency. Wednesday night into Thursday morning, trading saw bitcoin fly by another milestone: $1,500. percent from Wednesday’s close.

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PYMNTS

JANUARY 23, 2017

While still volatile, and trying to shake the seedier side of its reputation, digital currency bitcoin has come a long way in a few short years. A few days ago, a move was made that could work to grow bitcoin’s financial legitimacy. Bitcoin’s current estimated market cap is over $14.5 On Friday (Jan.

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PYMNTS

SEPTEMBER 15, 2017

Bitcoin has been riding a bit of a rollercoaster in the past few weeks since hitting an all-time high of more than $4,800 per digital coin on Aug. What goes up must come down, as they say, and many are predicting that bitcoin’s time has come (or at least they’re hoping that’s the case). percent this week. Do the Hodlers Have It?

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PYMNTS

DECEMBER 4, 2018

KuCoin , a digital currency exchange based in Singapore, has rolled out support for the trading of the Ripple XRP cryptocurrency, Cryptovest reported. The platform now supports trading through eight pairs, including Ethereum, bitcoin, Tether, USD Coin, NEO, TrueUSD, Paxos Standard Token and KuCoin Shares.

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PYMNTS

MARCH 3, 2017

Bitcoin’s market cap is currently well over $20 billion as value rose well over $200 in the past two weeks. At the time of writing, bitcoin was worth $1,270.86, up 3.32 As bitcoin rose, TechCrunch noted that the value of 1 BTC had actually surpassed the value of an ounce of gold — the go-to alternative asset.

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PYMNTS

JUNE 27, 2019

Bitcoin value dropped dramatically to below $11,000 on Thursday (June 27), after an 18-month high of almost $14,000 earlier this week, marking a 16 percent dip, according to a report by Reuters. . The famous cryptocurrency was riding a wave of interest after Facebook announced a digital coin of its own called Libra.

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PYMNTS

FEBRUARY 24, 2017

Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since last week’s tracker. 23) morning, bitcoin had broken $1,150 in value, reaching a high of $1,153.04.

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PYMNTS

JANUARY 20, 2017

The price of the popular digital currency spent the week climbing back up after fears that China could crack down on its domestic exchanges caused its value to slump. The developments are still ongoing, so PYMNTS’ Bitcoin Tracker will keep watch for new details in the coming weeks. percent from the day’s open of $884.25.

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PYMNTS

APRIL 7, 2017

A beacon of hope has emerged for bitcoin just in time for spring — and it’s brought up prices with it. In a major move toward bitcoin legitimacy, Japan recognized bitcoin as a legal payment method on April 1. At the time of writing, one bitcoin was worth $1,176.70, up $42.82 And no, it wasn’t an April Fool’s joke.).

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PYMNTS

MARCH 17, 2017

It has been another wild ride of a week for bitcoin in the wake of the SEC ruling. At the tail end of last week, the Securities and Exchange Commission ruled the proposed Winklevoss bitcoin ETF a no-go by nixing a proposed rule change that would have led to the fund being listed on the Bats BZX Exchange. The reason?

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PYMNTS

OCTOBER 31, 2017

The use of Bitcoin as a form of payment has been banned in Vietnam , according to Monday (Oct. The country’s state bank ruled that all cryptocurrency, not just Bitcoin, was an invalid form of payment. Despite bans in various countries, the price of Bitcoin reached $6,300 today (Oct. 30) ZDNet reports.

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PYMNTS

MARCH 24, 2017

Bitcoin prices suffered further losses this past week. As the reality of the Securities and Exchange Commission (SEC) rejection sunk in, concern among investors has grown amid signs of an impending hard fork — a “great schism” of bitcoin, if you will. At the time of writing, one bitcoin was worth $1,039.93, up 0.24

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PYMNTS

MAY 12, 2017

Bitcoin’s growing just about as fast as we can write about it — as are a number of other cryptocurrencies, for that matter. It only took just over one day for the bitcoin price to break the record it set earlier this week. On Thursday (May 11) of this week, bitcoin saw values break above $1,800 for the first time in history.

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PYMNTS

MARCH 10, 2017

“What goes up must come down” is, unfortunately, the most appropriate proverb to open this week’s bitcoin tracker. It all started when the price of bitcoin dropped by some $70 on Tuesday (March 7) for no readily apparent reason. Bitcoin would appear to recover, then sink further.

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PYMNTS

MAY 10, 2016

While plenty of government officials aren’t ready to jump to support bitcoin as a legitimate payment option, there is one small town in Switzerland that has caught the bitcoin bug. It will, however, place a cap on bitcoin payments at 200 francs (around $206) and can be used for public utility payments.

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PYMNTS

APRIL 21, 2017

Bitcoin’s (BTC) riding high once again as the third week of April rolls to a close. At the time of writing, one bitcoin was worth $1,249.19, up 1.81 The estimated market cap of bitcoin was pegged at just over $20.4 EST, bitcoin had traded for $1,299.00 on digital currency exchange GDAX and $1,230.63

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PYMNTS

AUGUST 24, 2017

In a sense, digital currencies began via online payments, which have then shifted into the creation of cryptocurrency like bitcoin, Ethereum and dogecoin. Cryptocurrencies are far more like a commodity (limited supply) than fiat currency (governments create more supply all the time), Horadan said.

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PYMNTS

AUGUST 8, 2018

Coverage includes New York lawmakers seeking to put a cap on ridesharing services, states working to embrace blockchain , Hawaii saving money by converting some functions to digital, new data from the Federal Reserve and Starbucks clearing up the confusion over cryptocurrency. City Council Weighs In On Ridesharing Debate With Cap.

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PYMNTS

NOVEMBER 15, 2018

Instacart raises new capital, Berkshire takes a stake in Chase and bitcoin has a bad day. Bitcoin Drops Below $6,000. At the same time that bitcoin’s market cap was falling, rival digital currencies Ripple XRP and Ether were battling it out for the second-place spot in terms of digital currencies.

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PYMNTS

APRIL 28, 2017

In the last few weeks, three separate bitcoin exchanges have reported a halt on processing transactions in dollars — the result of global banks pulling out of high-risk areas. Global banks have long been wary of even indirect interactions with bitcoin exchanges — particularly in the case they could be held liable if something goes wrong.

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PYMNTS

DECEMBER 12, 2017

12) that bitcoin has entered the “mania” phase, with some people taking out mortgages just to purchase the cryptocurrency. In an interview with CNBC , Borg said that bitcoin shares are on the “mania curve” and that there has to be a leveling off at some point. Gold is scarce; bitcoin is actually fixed,” he said.

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PYMNTS

MAY 13, 2016

Promoting bitcoin. Which is why Obama and his team probably aren’t enthusiastic about an op-ed for CNBC from a former Commodity Futures Trading Commission (CFTC) commissioner suggesting that the White House should “heed the call” on bitcoin. So, why digital currencies? Fair point. His comparison?

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PYMNTS

MAY 7, 2018

Bitcoin may be the marquee name in cryptocurrencies, but regulation may loom for its digital dollar brethren. In this case, The Wall Street Journal reported, the interest is tied to whether the creators of cryptocurrencies beyond bitcoin can have an impact on the value of those very offerings. Outside the U.S.

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The Fintech Times

MAY 16, 2024

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. The market cap of stablecoins reached new levels, underscoring their growing significance.

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PYMNTS

NOVEMBER 13, 2017

The bitcoin market has taken a 25 percent tumble over the last few days after briefly touching an all-time high price of $7,900 per unit of bitcoin. The drop aside, however, bitcoin remains way up on the year — 500 percent — and has a market cap of an estimated $100 billion.

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PYMNTS

AUGUST 15, 2018

Bitcoin: the marquee name, the shorthand for the cryptocurrency space, the 800-pound gorilla in a barrel full of monkeys (and there’s little fun to be had in this barrel right now). And here, bitcoin stands out because it is down a relatively paltry 57 percent. The best performer over the same time frame? A stampede can gather steam.

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PYMNTS

JANUARY 10, 2017

6) was tough for bitcoin users around the world. At the time of writing, the price of bitcoin sat at $892.62. Last week, China’s central bank, the People’s Bank of China (PBOC), had advised investors to be cautious when investing in digital currency. Last Friday (Jan. dollar in 2016.

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PYMNTS

JANUARY 12, 2017

11) its digital currency, dubbed XRP, will begin trading on Bitstamp, the Europe-based bitcoin exchange. Ripple said the XRP/euro and XRP/dollar currency pairs will be available to trade to all customers and regions that are supported by Bitstamp. It chose XRP because customer demand for the digital currency was strong.

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PYMNTS

JANUARY 31, 2018

In one of the bigger back-and-forth stories in digital currency, South Korea has announced that it is definitely for real this time sure that it does not plan to ban crypto-currency exchanges. The theory is that this will dampen bitcoin money laundering efforts.

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PYMNTS

NOVEMBER 10, 2020

Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. Square bought $50 million of bitcoin. PayPal is opening its network to allow consumers to shop using cryptocurrency. The mechanics and clumsiness of it all have not helped.

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PYMNTS

JANUARY 30, 2019

News comes that a number of high-powered bastions of higher learning have banded together to bring cryptocurrencies to the mainstream, in a way that bitcoin seemingly cannot, eyeing scale and processing speed. The effort is being funded by Distributed Technologies Research (DTR), which is a nonprofit foundation based in Switzerland.

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PYMNTS

JUNE 20, 2016

The hacking of an experimental virtual currency project called the Decentralized Autonomous Organization (DAO) has sent a chill into the digital currency ecosystem. More specifically, Ether, a bitcoin-like digital currency alternative. 933,194 | Ethereum’s rough market cap as of June 20.

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PYMNTS

FEBRUARY 2, 2018

There’ll be no TGIF from bitcoin and its brethren, it seems. Cryptos of all stripes and sizes, from bitcoin to its lesser known peers, tumbled on Friday (Feb. Bitcoin changed hands Friday at $7,910 and has lost 30 percent of its value in a week’s time. 2) — and markedly so, as several plunged more than 20 percent.

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PYMNTS

JUNE 17, 2016

But Canada isn’t the only one this week eyeing an alternative digital currency. Tokyo Wants A Piece Of The Digital Currency Pie, Too. Bank of Tokyo-Mitsubishi UFJ (MUFG) is looking to go beyond bitcoin to innovate its FinTech side. In fact, the bank actually confirmed the digital currency experiment plans.

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