13 Aug '17, 6pm

Bitcoin Just Surged Past $4,000. TechCrunch Explains Why

24 hours ago the cryptocurrency was trading below $3,700. About an hour ago it surged passed $4,000 and has no signs of stopping . It's now trading around $4,135.00. For reference, a week ago Bitcoin hit an all-time high as it passed $3,000 for the first time... So the million-bitcoin question is, why now...? Two weeks ago Bitcoin went through a hard fork, and came out essentially unscathed... A few days later Bitcoin locked in SegWit, a code modification that fixes malleability issues and frees up space in blocks, allowing for more transactions to be stored in each one. These two code-related developments have helped boost conference in Bitcoin's future. Another reason -- the ICO frenzy. The amount recently raised via initial coin offerings have now (at least temporally) topped amount raised via early stage venture capital. Just last week Filecoin raised $180 million in a...

Full article: https://news.slashdot.org/story/17/08/13/183234/bitcoin-j...

Tweets

Bitcoin just passed $4,000

techcrunch.com 13 Aug '17, 4am

What a day for Bitcoin. 24 hours ago the cryptocurrency was trading below $3,700. About an hour ago it surged passed $4,00...

Bitcoin just passed $4,000

techcrunch.com 13 Aug '17, 4am

What a day for Bitcoin. 24 hours ago the cryptocurrency was trading below $3,700. About an hour ago it surged passed $4,00...

Bitcoin has just soared past $4,000 for the fir...

bloomberg.com 14 Aug '17, 4am

Bitcoin soared past $4,000 for the first time on growing optimism faster transaction times will hasten the spread of the c...

Bitcoin Surpasses $4,000, Reaches Another Miles...

forbes.com 12 Aug '17, 8pm

Quote of the Day Growth is the result of a job well done. Carlos Tavares, CEO of Groupe PSA

Bitcoin Surpasses $4,000, Reaches Another Miles...

forbes.com 12 Aug '17, 6pm

Quote of the Day Growth is the result of a job well done. Carlos Tavares, CEO of Groupe PSA

Two reasons Bitcoin just surged past $4,000

arstechnica.com 14 Aug '17, 3pm

Policy — Two reasons Bitcoin just surged past $4,000 The virtual currency has risen 300-fold over the last five years. Tim...

Bitcoin has broken $4,000

Bitcoin has broken $4,000

businessinsider.de 14 Aug '17, 7am

The price of bitcoin broke through $4,000 per coin for the first time on Sunday and is posting new records on Monday. Bitc...

via @technology

bloomberg.com 14 Aug '17, 4am

Bitcoin soared past $4,000 for the first time on growing optimism faster transaction times will hasten the spread of the c...

Bitcoin Prices Pass $4,000 for the First Time

coindesk.com 13 Aug '17, 10am

The continuing surge in the price of bitcoin has seen it climb to over $4,000 for the first time since the cryptocurrency ...