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Yves Lamoureux, a strategist with the macroeconomic research firm Lamoureux & Co. is sure that Bitcoin will reach a target of $25,000 or more.
OkCoin and Huobi announced an immediate suspension of withdrawals for one month after receiving a directive from the PBoC to improve on their AML systems.
Bitcoin has been beating gold by a big margin so far this year. The digital currency has more than doubled in value, while the yellow metal has gained 8.73 percent.
The relative stability of Bitcoin during periods of geopolitical uncertainties has made the digital currency to be considered by investors as a safe haven.
Trying to retrieve Bitcoins from a deceased may be challenging or even impossible. But the solutions of this problem are being developed.
The repetitive phenomenon of the fall in price of Bitcoin, coinciding with the meetings between the miners and core developers, has attracted concern within the industry.
Would Bitcoin enhance taxing and provide more effective ways for governments to make citizens accountable, or would it create a hole for users of the currency to evade tax?
Bitcoin and the Blockchain have looked interwoven at times, and at other times they have appeared to be mutually exclusive entities. Whether Bitcoin can be absolutely separated from the Blockchain is yet to be seen.
CoinTelegraph asked experts what they think the real identity of Bitcoin is, a commodity, a currency or something else.
Bitcoin ATMs are quite popular, but the high machine cost and Bitcoin inventory requirements put it out of reach of most retailers. Netcoins has a solution.
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