Bitcoin Price Surges to $8450 as Tax Season Comes to Close

Written by :

Guest

Published on :

15 April, 2018

Following a first quarter of declines in 2018, Bitcoin has jumped sharply in recent days to $8450 Sunday morning, up 5% over the past 24 hours.

The cryptocurrency market is eyeing a move towards the $350 billion region and it has already crossed $334 billion, according to CCN.

Bitcoin is still down 50 percent from its all-time high at $19,000 back in December.

Over the past week, many alternative cryptocurrencies (altcoins) like 0x, OmiseGo, STORM, and WanChain have outperformed bitcoin, CCN also noted.

An end to the U.S. tax season may be contributing to the surge, some experts believe.

- Aaron Goldstein, Gambling911.com

Pennsylvania Gambler Sues FanDuel: Says He Was Bombarded With Late Night Alerts After Losses

Maurice Faulk filed his civil suit accusing FanDuel of using data-driven promotions and repeated prompts to keep him betting at times he says he was least able to resist.

Stake.com Shuts Down Website in Ireland

The company, which bills itself as the “world’s largest”, was forced to take the drastic action following an intervention by the Gambling Regulatory Authority of Ireland (GRAI). Stake.com is no longer available to those in Ireland as a result.

Williston, North Dakota Sun Country Flights to Las Vegas Resume Following Allegiant Acquisition

Sun Country announced it is keeping its Williston, North Dakota (XWA)–Las Vegas (LAS) nonstop for the 2026 season, despite the uncertainty earlier this year surrounding Allegiant's planned acquisition of Sun Country.

Connecticut Crackdown on Prediction Markets Continues

Media companies and gaming service providers also issued subpoenas.