Chinese Bitcoin exchanges resume trading, price begins to go up

In the early part of February of this year, Chinese Bitcoin exchanges were forced to stop withdrawals as the People’s Bank of China (PBoC) wanted to inspect them for regulatory compliance. Four months later three big Chinese Bitcoin exchanges have now resumed trading. The announcement came from a correspondent on Twitter who said Chinese exchange …

After a massive run up and correction, Bitcoin is rebounding

Bitcoin reached yet another all time high yesterday, with some exchanges reporting prices as high as $3000 USD at the peak. Yesterday was a huge day for crypto, specifically Bitcoin. Yesterday late morning we tweeted that on the Bitcoin exchange CEX.IO it achieved the momentous high price of $3000. Other exchanges followed closely behind, with …

Total Bitcoin exchange trading volume is reaching all time highs this year

Bitcoin is on a massive bull run and exchange trading volume shows it reaching epic heights this year. The price of Bitcoin has gone parabolic, hitting all time highs this week briefly touching $2400 on some exchanges such as OKCoin, before settling back down in the $2200 range. OKCoin touches $2400 briefly before dropping back …