Crackdown on Bitcoin Hits Businesses in Bali (news.bitcoin.com)

Having issued a stark warning to “all parties” against any use of “virtual currency”, Bank Indonesia has now joined forces with local police to prevent bitcoin transactions where they are most likely to take place – in Bali. The island, a popular holiday destination with tourists spending both fiat and crypto, has been targeted by authorities. Inspections of businesses accepting bitcoin are underway, according to Indonesian media and the crypto community in the country.

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Ethereum hits record high; bitcoin climbs back above $16000

Bitcoin jumped above $ 16,200, according to Coinbase, but was still trading about 18 percent below its record high hit in mid-December. "The value of any one of these cryptocurrencies is very, very correlated with the utility. Speculators will only take it so far and people won't hold it any more if they can't …
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Coinbase halts Bitcoin Cash trading as price briefly hits $8500

After just announcing full support for Bitcoin Cash, buying and selling on Coinbase and GDAX is temporarily disabled. For about an hour Coinbase and GDAX were both showing Coinbase Cash prices at around $ 8,500, which is almost three times higher than the $ 3,500 price it's trading at on all other …
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Bitcoin hits $15000

Bitcoin's value crossed the $ 15,000 threshold for the first time today, marking another milestone in its dizzying ascent. In recent months, the cryptocurrency has undergone a staggering increase in value; surging from roughly $ 3,500 in mid-September to its current price. And at the start of the year, …
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