Browsing: Bitcoin

South Africans trading big volumes in bitcoin

Bitcoin continues to smash records, hitting a series of record highs in just one weekend. The cryptocurrency hit an all-time high of just over $4 225 on Sunday as the bull run played out across global bitcoin exchanges. In South Africa

Bitcoin punches through $4 000

Bitcoin soared past $4 000 for the first time on growing optimism faster transaction times will hasten the spread of the cryptocurrency. The largest digital tender jumped to a peak of $4 125.17 on Monday,

Bitcoin soars to record as buyers look beyond split

Bitcoin has extended gains to a record, ignoring a split in the cryptocurrency over its future. The digital exchange rate jumped as much as 16% from Friday to an unprecedented US$3 292.41, even after bitcoin’s division last week

Why the future is blockchain

The value of one bitcoin recently hit a record high of $3 025, a staggering rise of over 200% in value this year alone. Aswath Damodaran, professor of finance at the New York University, known as

No reason to fear bitcoin split

Over the last week, the price of bitcoin crashed from around $2 400 to $1 800 on fears of a so-called hard fork, which is to say the digital currency would effectively split in two due to software upgrades at the end of

Bitcoin surges as community embraces SegWit2x

Bitcoin backers celebrated as the community embraced a new mechanism to improve usage and allow it to scale, boosting confidence in the virtual currency and sending prices back near record highs. The community, which

Bitcoin rebounds on optimism

Bitcoin has reversed steep losses as miners began using new software which aims to bridge an ideological gap that has threatened to divide the cryptocurrency. Bitcoin’s community has been at bitter

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