Breaking: Bitcoin price set new record

Bitcoin costs $3183 now, while Bitcoin Cash continues falling rapidly
05 August 2017   1948

Distributed database that is used to maintain a continuously growing list of records, called blocks

On the morning of August 5, the price of the first digital currency beat the $ 3100 mark.

Below, on the Bitfinex exchange chart, you can see how for about two hours the price of bitcoin has made a dramatic upswing, reaching a maximum of $ 3,190. At the moment, the price of the crypto currency has already been adjusted a little and it's about $ 3120.

Bitfinex Bitcoin Chart
Bitfinex Bitcoin Chart

Over the past day, the weighted average price of bitcoin increased by 11.26%, and the capitalization of "digital gold" overcame the $ 52.5 billion mark:

Top ten cryptocurrencies chart
Top ten cryptocurrencies chart

Bitcoin Cash

A new cryptocurrency representing a hard-forked version of Bitcoin, different from it in the blocksize limits

Also, as you can see on the screenshot, the price of "alternative Bitcoin" hardfork Bitcoin Cash falls down rapidly. It lost almost 20% of it's price for last 24 hours.

Coinbase to Expand Services for Asia

Among the services available now there are Coinbase Prime, Pro and Custody
22 January 2019   120

Coinbase, the leading US cryptocurrency company reported that from now on its professional trading and custodial platforms are available to institutional clients and investors with large volumes from the Asian region.

In particular, according to the Coinbase blog, users of Asia will have access to the option of depositing accounts and withdrawing funds using SWIFT transfers through non-US bank accounts.

In the past 12 months, hundreds of crypto-first hedge funds have launched around the world, and many hundreds more traditional institutions such as proprietary trading firms, family offices and endowments have begun actively trading digital assets. Coinbase’s suite of professional products — Coinbase Prime and Pro, Coinbase Custody — serves these customers, along with other participants in the market, like asset issuers, crypto exchanges, and miners.

Elliott Suthers


Among the services available there are Coinbase Prime, Coinbase Pro and Coinbase Custody, which also supports the steamer USDC.

In December 2018, Coinbase began to provide services to residents of the islands of Guernsey and Maine, as well as Lithuania, Iceland, Andorra and Gibraltar.