The current price for Bitcoin futures is $18,630 for January 17 expiration date and $19,140 for February 14 expiration date. It opened at 5 p.m. CST at $15,000, according to CBOE Global Markets. Shares LLC and Van Eck Associates Corp … More
Unlike traditional commodities, bitcoins aren’t physical assets. And unlike traditional currencies, there isn’t a central bank that backs bitcoin. Bitcoins live on computer servers. They are produced by complex algorithms and recorded in a digital ledger. Bitcoin, … More
Bitcoin’s run-up has grown famous. Late Thursday morning, the digital currency was trading for more than $19,000 on exchanges in South Korea, before closing around $16,600 on Bitfinex, a large cryptocurrency exchange. The $19,000-ish price was up more than $5,000 … More
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The company notified the TASE yesterday that it had signed an agreement to purchase control of Canadian private company Backbone Hosting Solutions, whose commercial brand name is Bitfarms. The acquired company mines bitcoin and other digital currencies. The share price … More
Rather it refers to server farms where banks of computers solve complex math problems to process cryptocurrency transactions. The first bitcoins were created in 2008 as an alternative system to transfer money online and internationally, independent of any government. The … More
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