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Monthly Archives: August 2017

Bitcoin Price Jumps Above $4,800 for the First Time

Bitcoin’s price briefly passed above the $4,800 mark for the first time today. According to data from CoinDesk’s Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading. At press time, the price of …

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ICO Site Suspends Services Amid Reports of Regulator Scrutiny

A platform for investing in initial coin offerings (ICO)s in China has suspended its services as government officials reportedly begin scrutinizing the funding model more closely. ICOINFO, in a notice posted to its website, cited “a shifting regulatory environment” in its decision to freeze its platform. Users can contribute funds …

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Moscow Exchange: No Plans to Launch Bitcoin Trading

Recent comments from a senior Russian official sparked reports this week that Moscow’s premiere stock exchange is about to start trading bitcoin – but it’s not true, the exchange’s operator has said. A representative for Moscow Exchange told CoinDesk that reports about the firm being on the cusp of launching cryptocurrency trading are inaccurate. They …

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