The value of digital currency surged to a 10-week high on October 11, following the devaluation of the Chinese currency that led to a growing bitcoin demand.
According to the internet entrepreneur, the launch of MegaUpload 2.0 and BitCache will cause the bitcoin price surge.
Bitfinex has confirmed that the hacker attack resulted in the loss of approximately 120,000 of bitcoins.
Juniper Research revealed that although Trump’s presidency is ranked within the Top 10 global risks, it can positively influence bitcoin trading.
Within the next few weeks, the reward miners get for creating the virtual currency is anticipated to face the second halving in history of bitcoin.
Although the Winklevoss Bitcoin Trust was initially listed on Nasdaq, Winklevoss brothers have decided to change it to BATS Global Markets.
According to estimates of multiple experts, bitcoin will continue to grow in July after the British makes their decision on the presence in the European Union.
Britain has made its decision in favor of leaving the EU, which stimulated another increase of bitcoin price.
We have prepared the list of most possible reasons for such a significant bitcoin surge.
The upcoming halving event next month and Chinese yuan weakening have considerably boosted the bitcoin price.
Bitcoin price has increased by 10% since last week and now makes up $581.
Newcomers to cryptocurrencies will now be able to purchase bitcoin through Buy Widget, aa new product developed by the California-based bitcoin wallet provider.