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Why China is important for Bitcoin As it currently stands, whether we like it or not, Chinese opinion has the power to dramatically affect the price of bitcoin. We have seen prices rise and fall in direct response to how bitcoin is being received by this one country. The question...

Bitcoin Weekly Here at CoinReport, we like to breakdown the week’s bitcoin news and headlines for our readers. This week, ending April 4th 2014, has been tumultuous for bitcoin, to say the least. Let’s look at what went on this week and what you need to know in the world of...

The price of bitcoin has taken a dive recently due to the rumors and uncertainty surrounding the Chinese government’s decision on regulating the digital currency harshly. The current trading price, at the time of this article, of the coin according to Bitstamp is $455. Rumored...