Bitcoin Business

Bitcoin Price Crashes Through $250 Mark

The bitcoin price has plunged below $250 and appears to be falling further, as sell orders pile up at major exchanges. The price opened the day at $267.08, but quickly fell after just two hours of trading. Soon after 3am (GMT), the price plunged through the…
cinerama
January 13, 2015
Bitcoin Business

Bitreserve Raises $9.6 Million in Crowdfunding Campaign

Bitreserve has closed its crowdfunding campaign after raising over $9m. The final total, one of the largest recorded in the digital currency sector for a crowdfunded initiative, reached $9,620,802 (£6,363,024) after 157 investors bought 11.27% of the equity offered.Tim Parsa, Bitreserve's president of global strategy and markets…
cinerama
January 13, 2015
Bitcoin Business

CEX.io Halts Cloud Mining Service Due to Low Bitcoin Price

Bitcoin mining service CEX.io has announced it will suspend its cloud mining activities.The company stated in a 12th January blog post that it is no longer profitable, blaming declining revenues amid a dropping bitcoin price. CEX chief information officer Jeffrey Smith told CoinDesk that operations would resume if the price…
cinerama
January 12, 2015

All Today's Crypto News In One Place