Markets Update: The Bitcoin Price Rocket Blasts Off Again
As we predicted in our last markets update, bitcoin markets were behaving like a shaken can of soda — waiting to pop. The bitcoin price rocket started its ascent yesterday surpassing the $4,500 zone. Then the price of bitcoin blasted to a high of $4,865 just 24-hours later on October 9. As the fork(s) loom in the backdrop, many people are speculating that altcoins are being sold off for BTC so people can get in on capturing...
Cointracking.info Aims to Make Cryptocurrency Portfolios Easier to Track
As cryptocurrency trading and investment become more prevalent, users often find that they need tools to track their portfolios to analyze gains or losses for tax and recordkeeping purposes. This week news.Bitcoin.com spoke with Dario Kachel, the founder of Cointracking.info, a digital asset tracking service for investors and traders. Also Read: Node40 Introduces Easy-To-Use Tax Compliance Software for Bitcoiners...
Japanese Renewable Energy Provider Offers Low Flat-Rate Electricity for Crypto Miners
Japanese renewable energy provider, Looop, has announced an electricity plan aimed at reducing costs for bitcoin and other cryptocurrency miners. The plan charges a flat monthly fee for electricity usage of up to a certain level in the Tokyo Electric Power Company service area. Also read: Japan’s Largest Bitcoin Exchange Bitflyer Launches Bitcoin Visa Prepaid Card A Flat Electricity Rate for Crypto Miners Looop Co. Ltd is a...
Bitcoin Has Caught the Attention of Tanzania’s Central Bank
Bitcoin is growing popular throughout a few regions within the giant continent of Africa. One of these areas seeing bitcoin growth is the United Republic of Tanzania. Due to the rise in interest towards bitcoin from Tanzanian citizens the Bank of Tanzania governor, Benno Ndulu, expressed some concerns about the decentralized currency this week. Also Read: Bitmari Becomes First Bitcoin Company to Partner With an African Commercial...
Bitcoin Group SE Shares Skyrocket Along with Bitcoin’s Ascent
Shares of the company Bitcoin Group SE have skyrocketed along with the rise of bitcoin’s price. Its shares have almost doubled since the previous year. Their value moved from EUR 775 ($909.35) to EUR 1,770 ($2076.83) this year, according to a German financial press release. The company is now also trading on Avanza, which is Sweden’s largest online stockbroker. The company is expected to continue growing as...
