Breaking with a long tradition of boring weekends, bitcoin prices surged to the highest levels since early March over Saturday and Sunday. With average prices briefly breaking the $675 wall on Sunday, prices soon dropped back to the $625 range seen through most of Monday. On some smaller exchanges, such as Vault of Satoshi, bitcoin […]

Now approaching the end of its second week, bitcoin’s early summer rally has pushed prices back above $635, recovering more than half of it’s all-time high price of $1,200 seen in late 2013. Although rallies are nothing new for bitcoin, this is the longest sustained price growth seen since the “China bans bitcoin crash” rebound […]

As bitcoin’s current rally heads into its 10th day, prices have skyrocketed up from yesterday’s $570 range to well above $600. Average prices have risen 34% from the previous month’s stagnant $440 range. Bitcoin prices haven’t been above the $600 threshold since March 21, as ongoing downward pressure from Chinese regulators and other factors pushed […]

It’s been a tough six months for bitcoin prices. Between the Mt.Gox drama in February and the ongoing “unofficial ban” in China, there have been few periods of relative stability for prices to stabilize or gain steam. An outside observer could even be forgiven for thinking that bitcoin’s promised rising tide of monetary revolution was […]