Browsing: Bitcoin

Bitcoin tops R100 000 for the first time

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Bitcoin is changing hands at over R100 000 on some trading platforms as of Wednesday morning. The price touched a new all-time high of R103 999 on local platform Luno and was last quoted at R100 001. Local

Bitcoin surges to new highs

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Another day. Another record for bitcoin. The most widely used digital currency will now cost you about $6 125 apiece after blowing past the $5 000 and $6 000 price levels for the first time earlier this month. Bitcoin’s total value is

Bitcoin powers through $6 000

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Bitcoin soared to another milestone on Friday, as the digital currency breached US$6 000 for the first time to put its gain in 2017 to more than 500%. As bitcoin continues climbing, Twitter users are speculating that the rise could be driven

Bitcoin soars to record high above $5 000

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Bitcoin surged to a fresh record on Thursday as the enthusiasm for cryptocurrencies showed little signs of abating. The world’s largest cryptocurrency rose as much as 7.4% and was trading 5.8% higher at

Bitcoin soars to near record levels

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Bitcoin is so close to making a new record and it could be because it’s taking market share from its smaller cousins. The largest cryptocurrency crossed US$4 500 on Monday and is now hovering right below the $5 000 line

Goldman Sachs may open bitcoin trading desk

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Bitcoin traders can breathe a sigh of relief. If JPMorgan Chase & Co’s CEO Jamie Dimon fires them for trading the cybercurrency, Goldman Sachs Group could welcome them with open arms. Goldman is reportedly

So, what exactly is an initial coin offering?

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A rapidly growing number of companies are taking advantage of cryptocurrencies to raise massive amounts of funding through what are called initial coin offerings, or ICOs. It is not just technology companies that