Bitcoin exceeded $7000 mark again

The price of first cryptocurrency almost fully recovered after the recent fall
15 November 2017   1897

For last few days, the price of "digital gold" is almost fully recovered. At the moment of press, 13:03 UTC, 15th of November 2017, average Bitcoin price is $7224.36.

Bitcoin Price Chart
Bitcoin Price Chart

According to Coinmarketcap, Bitcoin market parameters are:

  • Market Cap $120,448,293,154 
  • 24h Volume $3,628,630,000
  • Price growth +11.03 %

It is also worth noting that amount of unconformirmed transactions in the mempool of Bitcoin falls.

Bitcoin MemepolBitcoin Memepol 

The graph shows that the volume of unconfirmed transactions went down, which should positively affect the amount of commissions in the bitcoin network, the time of confirmation, as well as the turnover of the BTC and, consequently, the further increase in the price.

Karpeles to Face Another 10 Years in Jail

Japanese enforcements agencies blamed Mt. Gox CEO in stilling $3M
12 December 2018   84

Japanese prosecutors blamed the head of the already inactive exchange Mt. Gox Mark Carpeles in embezzling 341 million yen ($ 3 million) from a bank account trading platform. The prosecutors made the corresponding statement in the Tokyo District Court, demanding 10 years of imprisonment for Karpeles, reports The Mainichi.

[Mark Karpeles] diverted company funds to such uses as investing in a software development business for personal interest" and "played a great role in totally destroying the confidence of bitcoin users.
 

Japanese prosecutors

It is noted that in September-December 2013, the head of MtGox allegedly transferred funds to personal bank accounts, and then invested in the software development business.

Carpeles is also accused of faking the data of the trading system of the exchange for the fabrication of balance sheets.

The deadline for accepting applications from affected investors as part of the civil rehabilitation of Mt. Gox has been extended until the end of December.