Is This Man the Reason Behind the Bitcoin Price Surge?

Is This Man the Reason Behind the Bitcoin Price Surge?

Bitcoin price analysts are struggling to identify the rationale behind the sudden price spike in the cryptocurrency’s value as it broke the US$400 mark on November 3, surpassing a market cap of more than US$6 billion. One thing for sure is that nobody can deny the effect China has had on the market in November 2013, the first time it surged past the US$500 mark. This time around, however, things might be a little different. According to research done by Finance Today’s Izabella Kaminska, this recent Bitcoin rally could be caused by a Pyramid Scheme named MMM, orchestrated by Sergei....


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Litecoin Price Surges Over $2, Bitcoin Price Up Too

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Bitcoin Investment Trust: Major Factor of Recent Bitcoin Price Surge?

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Today's Thoughts on the Current Bitcoin Price Are...

The price of bitcoin has jumped up to about $236. Last week, we saw the price hovering around the low $220 range, and while the digital currency did undergo a surge over the weekend that saw it rise in price by nearly $50, it has now been suggested that this was all part of the present hacking scam... It all started with BTER, where nearly $2 million were stolen by alleged cyber thieves. Now, the news has come forth that HitBTC was "hit," along with Excoin and a number of banks. It is believed by some that the hackers somehow managed to get their hands on the price and manipulate it to....

Newsflash: Bitcoin Price Gallops Beyond $450

It’s 2016 and bitcoin price gains its first significant surge of the year to gain over $20 in a 10-hour period to scale beyond $450. The Bitstamp Price Indexstarted the day at $430.80 and surged through the next 12 hours to reach a high of $454 at the time of publishing. The figure represents a new year-high and also represents the highest price since Christmas 2015. Christmas day saw a high of $455.51 before a significant drop in bitcoin price saw the cryptocurrency trading at $417 the following day. The first spike of the today started at 02:10 AM UCT when bitcoin price stood at....

Quotes

The decision to bring virtual currency within the scope of our regulatory framework should be viewed by those who respect and obey the basic rule of law as a positive development for this sector. It recognizes the innovation virtual currencies provide, and the benefits they might offer society.

Jennifer Shasky Calvery, the director of the Treasury Department’s Financial Crimes Enforcement Ne