Bitcoin

Business • Markets
Bitcoin reaches $33,000 value, all-time high
Bitcoin reaches $33,000 value, all-time high
Credit: unsplash.com/André François McKenzie's profile André François McKenzie

Bitcoin has surpassed the $30,000 mark, reaching a value of $33,000 on Saturday, an all-time high. The cryptocurrency has tripled in value in 2020 after plummeting to below $4,000 in march.

Business
Bitcoin rises above $25,000 for the first time
Bitcoin rises above $25,000 for the first time
Credit: unsplash.com / Bermix Studio

On Saturday, the price of the oldest and best-known cryptocurrency rose above the round mark of 25,000 US dollars (20,503.57 euros) for the first time. On the Bitstamp trading platform, a high of 25,022 dollars was reached. This is a record high. On other trading platforms, of which there are many, the record highs may differ, as there is no central Bitcoin trading.

Business
Bitcoin surpasses $20k milestone, continues to surge
Bitcoin surpasses $20k milestone, continues to surge
Credit: unsplash/Micheile Henderson

Bitcoin has surpassed the $20,000 mark on Wednesday and continued to surge late into the evening, reaching $22,192 on 2 am EST. Bitcoin’s market cap has reached $384 billion.

Law
United States government has seized 1 Billion in Bitcoin
United States government has seized 1 Billion in Bitcoin
Credit: unsplash.com / Bermix Studio

One of the most valuable Bitcoin wallets on the planet containing Bitcoins worth almost $1 billion dollars has been emptied on Tuesday.

U.S. Attorney David Anderson has stated that the money came from "criminal proceeds" linked to "the successful prosecution of Silk Road's founder in 2015" adding that "Silk Road was the most notorious online criminal marketplace of its day".

Business • Economy
Bitcoin rises to three-year high
Bitcoin rises to three-year high
Credit: unsplash.com / André François McKenzie

Bitcoin rose on Wednesday by up to four percent to 14,274.53 dollars and was thus as expensive as last time during the hype at the turn of the year 2017/2018. In June, the Bitcoin supply has also been reduced by the so-called "halving" - for the third time in the history of the digital currency.

Technology • Internet & Web
New Zealand Police have frozen $90m from Russian IT expert

New Zealand Police has frozen $90 million from a New Zealand based company belonging to Alexander Vinnik who had been arrested in July 2017 while on a family vacation in Greece. The Russian IT expert has an open extradition warrant from the United States and France where the authorities accuse him of money laundering, identity theft, drug trafficking and computer hacking. The authorities also accuse him that he has operated BTC-e, a cryptocurrency exchange that allegedly enabled money-laundering. The Greek legal team of Vinnik denies that he ran the exchange and says he was an employee.