BitCoin Archives – ForexNews.com

Posted: January 8, 2015 at 3:49 am

By Digital Currency Magnates on Jan 7, 2015 09:13:26 GMT

Bitcoin (BTC/USD) had its first big bounce this year, climbing as high as $293 on BTC-e. Currently trading at $283, it is still down by over 10% for the year. Volume has tapered from that seen during the sell-off earlier this week, now averaging 300 BTC/hour. BTC has done a relatively good job of retracing []

By Petar Kotevski on Jan 7, 2015 04:42:17 GMT

A lot happened since our last update as bitcoin is back to making headlines. BitStamp, one of the top USD to BTC exchanges by trading volume got hacked, losing approximately19,000 BTC or $5.3 million in todays prices. The initial move lower to $260 can likely be pinned on this. On the technical front, the bounce []

By Petar Kotevski on Jan 5, 2015 12:01:01 GMT

Bitcoin extended the decline for a second day in a row. After opening at $289.67 BTC/USD fell to daily low of $260 flat before rebounding somewhat. The fledgling cryptocurrency ended the day down by another $23 dollars or close to 8 percent. The total two days loss now stands at $46 dollars, or 14.7 percent. []

By Petar Kotevski on Jan 4, 2015 04:18:03 GMT

Bitcoin successfully cleared the round $300 figure yesterday. Prices took out the temporary swing low at $296, then proceeded to fall $24 dollars to a new low of $272. In our article yesterday we said: The spike lower points that more losses are on the way but it would be prudent to wait for a []

By Petar Kotevski on Jan 3, 2015 06:16:44 GMT

Bitcoins range exploded today as prices fell to retest the $300 figure. After opening at $312.72, BTC/USD fell steadily and hit a low of $296 per coin around mid-day. Since then we had a bit of a pullback and we are currently quoted right at the $300 mark on BTC-E. Prices are sightly higher on []

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