02192018Headline:

Bitcoin rises above $14,000 – risky bubble or the future?

Bitcoin rises above $14,000 on Bitstamp to record high   TOKYO (Pakistan Press Club ) – Bitcoin soared to a record high of $14,047.40 on Thursday, continuing its surge from below $1,000 at the beginning of the year. The cryptocurrency was last up 2.94 percent at $14,030.00 at the Luxembourg-based Bitstamp exchange BTC=BTSP.     Rory […]

Bitcoin go above $13,000 to record high

Bitcoin zooms above $13,000 to record high on relentless demand   NEW YORK (Pakistan Press Club) – Bitcoin extended its rally on Wednesday, breaking above $13,000 to a record high despite questions about the cryptocurrency’s real value and worries about a dangerous bubble. Bitcoin received a boost after Friday’s announcement by the main U.S. derivatives […]

UK push to include Bitcoin under money-laundering laws

UK pushing to include Bitcoin under money-laundering rules LONDON (Pakistan Press Club) – Britain wants to increase regulation of Bitcoin and other digital currencies by expanding the reach of European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity. With demand for Bitcoin surging, fuelling a 1,000 percent rally in […]

Bank of France warns about bitcoin speculation

Bank of France warns on bitcoin speculation PARIS (Pakistan Press Club) – Bitcoin is a speculative asset and people who invest in it do so at their own risk, the Bank of France Governor Francois Villeroy de Galhau warned on Friday after recent volatile trading. “We need to be clear: bitcoin is in no way […]