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The Price of Bitcoin Has Stayed Above $760 for 7 Days ?>

The Price of Bitcoin Has Stayed Above $760 for 7 Days

Bitcoin (BTC) prices have been trading north of $760 for more than a week now, according to data from the CoinDesk USD Bitcoin Price Index (BPI).

The price has been lingering above this level during a seven-day period in which the digital currency hit a 34-month high. Markets surpassed $760 at 10:00 UTC on 7th December, managing to reach one week above this level early on 14th December, figures show.

Bitcoin prices surged to $788.49 on 13th December,…

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What to Do if Your Bitcoin Transaction Gets “Stuck” ?>

What to Do if Your Bitcoin Transaction Gets “Stuck”

The number of transactions on the Bitcoin network has steadily increased over the years. This means more blocks are filling up. And as not all transactions can be included in the blockchain straight away, backlogs form in miners’ “mempools” (a sort of “transaction queue.”)

Miners typically pick the transactions that pay the most fees and include these in their blocks first. Transactions that include lower fees are “outbid” on the so called “fee market,” and remain in miners’ mempools until a new block is found….

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Bitcoin Price Exceeds $600, Highest in Almost Two Years ?>

Bitcoin Price Exceeds $600, Highest in Almost Two Years

Bitcoin reaches a new high of over $600 as trading in China, faced once more by a devaluing yuan, spikes. CoinTelegraph spoke to experts to investigate the reasons for such a price increase and learn their forecast for the future of Bitcoin value.

The price of Bitcoin has passed $600. At time of writing, Bitcoin’s price had surpassed $630. This marks the highest the price of Bitcoin has reached in almost two years.

The last time the price had reached a similar level was late July of 2014….

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Digital Currency Exchange Gatecoin Offline After Loss of Funds ?>

Digital Currency Exchange Gatecoin Offline After Loss of Funds

Hong Kong-based digital currency exchange Gatecoin has reportedly experienced a hack, resulting in losses from its connected wallets.

CEO Aurélien Menant took to the Slack channel for the DigixDAO project yesterdayand indicated that the exchange lost control of bitcoins and ethers, the native token of the Ethereum network, during the incident.

Menant said that tokens tied to the DigixDAO project as well as the Augur and TheDAO projects were unaffected.

The CEO indicated via Slack that he was not entirely clear on the amount of funds taken,…

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