U.S. Justice Department launches probe into Bitcoin exchanges and price manipulation

The United States Justice Department has opened a criminal probe that looks to investigate whether Bitcoin traders are manipulating the prices of Bitcoin and other digital currencies. According to sources familiar with the matter who asked not to be named, they said the investigation is focused on illegal practices that can influence prices such as spoofing …

13 Bitcoin related exchanges are named in New York Attorney General’s probe

In an interesting turn of events, the State of New York Attorney’s General has named 13 Bitcoin related exchanges that they will be investigating in a probe to attempt to “improve transparency and accountability of major cryptocurrency trading platforms.” The letter sent from Attorney General Schneiderman names the following exchanges: (1) Coinbase, Inc. (GDAX) (2) …

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 …

Total Bitcoin exchange trading volume blows past $200 million during record highs

Bitcoin is breaking all sorts of records this week. Not only did the price move quickly beyond $1400 (which is now sitting over $1600) and reach $24 billion in market capitalization (which is now over $25 billion), but it just blew right past $200 million in Bitcoin exchange trading volume today. Pictured above is the total Bitcoin …

Bitcoin exchange Gemini processed almost $30 million in trades yesterday

During the height of the price rally yesterday, Bitcoin exchange Gemini which is managed by the Winklevoss twins, saw nearly $30 million in trading volume. At their peak yesterday, Gemini processed a total of $28.19 million USD in bitcoin buys and sells. Total BTC transacted was 21,110.90 (which at the time market value was $1334.40 …

$100+ million traded on the Bitcoin market over the past day

In the past day over $100 million in U.S. dollars was traded on the Bitcoin markets. According to the total Bitcoin exchange trading volume of all major Bitcoin exchanges, the total amount traded (bitcoin bought and sold) peaked at $115,410,394 million on April 28, 2017. The trading volume in USD was captured as shown in …

Accounts on the Bitcoin exchange BTC-e targeted in recent hacking attempts

It should come as no surprise in the Bitcoin-sphere that accounts on Bitcoin exchanges are being targeted by hackers. Exchange accounts more than likely have Bitcoin stored on the platform which is incentivizing malicious hackers to try to access and steal user funds. With the price of Bitcoin hovering around $1250 USD and total trading …