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 …

LocalBitcoins exchange begins process to start KYC/AML checking trader accounts

LocalBitcoins.com is a popular Bitcoin exchange within the Bitcoin network because of it’s peer-to-peer exchange setup, where there is no intermediary as there is normally with other exchanges where the exchange itself acts as a centralized third-party to facilitate trades. In a post yesterday on social media, LocalBitcoins traders began warning each other that if …

Total Bitcoin trading volume surges beyond $1 billion as bull run continues

Bitcoin is starting break new records again. This morning Bitcoin surged beyond the $1 billion marker for total amount traded in U.S. dollars. As visualized in the chart below, from the start of the month of July total Bitcoin trades (all buys and sells across all major exchanges) has been in the range of $200-$400 …

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 …