02 Oct '13, 5pm

Bitcoin Falls 15% Following FBI's Silk Road Seizure

Bitcoin Falls 15% Following FBI's Silk Road Seizure

Bitcoin is taking it on the nose following the FBI seizure of Silk Road, a popular – and partially hidden – marketplace for drugs and other items generally outside the orbit of the law. As TechCrunch reported earlier today , about $1.2 billion in Bitcoin flowed through Silk Road, resulting in a nearly $80 million commission for the service. Bitcoin is responding as you would expect, as a core market that accepted it has been taken down, the federal government hemming in on its slice of the web: By rapidly shedding value. Bitcoin traded as high as $145 per coin at the end of September. Today, it’s trading around the $119 mark. RealTimeBitCoin is reporting a buy-sell spread of $118.10 to $119. This squares with another data source tracking the Mt. Gox Bitcoin-Dollar exchange rate, which places the current trading range at nearly precisely the $118 level. Here’s a chart as co...

Full article: http://techcrunch.com/2013/10/02/bitcoin-falls-15-followi...

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CHART OF THE DAY: Bitcoin collapses following Silk Road shutdown

CHART OF THE DAY: Bitcoin collapses following S...

businessinsider.com 02 Oct '13, 7pm

FBI seized and shut down Silk Road , a website that allowed customers to buy illegal drugs using Bitcoin. As part of the b...

Bitcoin falls after Silk Road arrest

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

Bitcoin falls after Silk Road arrest

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

Bitcoin value plummeting following the Silk Road shut down by the FBI

Bitcoin value plummeting following the Silk Roa...

businessinsider.com 02 Oct '13, 5pm

The FBI seized Silk Road this morning . Silk Road is a website that let people anonymously buy illegal drugs using Bitcoin...

Bitcoin falls after Silk Road arrest: The price...

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

BitCoin Plunges Following US Government Seizure Of Silk Road Website

BitCoin Plunges Following US Government Seizure...

zerohedge.com 02 Oct '13, 5pm

Earlier today, one of the most popular websites that use and promote the use of BitCoin, Silk Road, was shut down by the U...

#Bitcoin

#Bitcoin

theverge.com 02 Oct '13, 3pm

It appears the Federal Bureau of Investigation has finally cracked down on Silk Road, the underground marketplace where us...

FBI claims largest Bitcoin seizure after arrest...

theguardian.com 02 Oct '13, 11pm

US authorities have arrested Ross William Ulbricht, 29, alleged to be the owner and operator of Silk Road, the best-known ...

#bitcoin

#bitcoin

businessweek.com 02 Oct '13, 8pm

For most of its brief existence, Bitcoin has been widely associated with Silk Road—the anonymous cybercurrency, naturally ...

FBI arrests Silk Road's "Dread Pirate Roberts," Bitcoin trading jolted

FBI arrests Silk Road's "Dread Pirate Roberts,"...

gigaom.com 02 Oct '13, 6pm

The FBI on Wednesday shut down Silk Road, a notorious online market, and charged its 29-year-old administrator, known as D...

Valor de la Bitcoin cae 15% tras cierre de Silk...

fayerwayer.com 02 Oct '13, 6pm

La Bitcoin se ha visto golpeada con el cierre de Silk Road , un popular mercado negro de drogas, armas y otros bienes y se...

Silk Road

Silk Road

rt.com 02 Oct '13, 3pm

FBI seizes ‘Silk Road' black market domain, arrests owner Published time: October 02, 2013 15:48 Get short URL Reuters / T...

What seizure of illicit Silk Road means for virtual currency Bitcoin - Los Angeles Times

What seizure of illicit Silk Road means for vir...

latimes.com 03 Oct '13, 6pm

There have been stories about the wild swings in the virtual currency's exchange rate, moves by financial regulators to sh...

Silk Road shutdown sends bitcoin prices tumbling

Silk Road shutdown sends bitcoin prices tumbling

csmonitor.com 03 Oct '13, 4am

The price of the bitcoin digital currency dropped on Wednesday, after U.S. law enforcement authorities shut down Silk Road...

Bitcoin nosedives 15% after FBI blocks traffic via 'Silk Road' criminal internet platform

Bitcoin nosedives 15% after FBI blocks traffic ...

rt.com 03 Oct '13, 3pm

Bitcoin nosedives 15% after FBI blocks traffic via 'Silk Road' criminal internet platform Published time: October 03, 2013...