The value of has skyrocketed over recent months, and its rapid rise has generated .

However, bitcoin is notoriously volatile, and , .

Recent events have demonstrated just how quickly the situation can change for investors. 

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After hitting a record high of more than $19,850 in mid-December, . It then surged again.

Its price is expected to continue to fluctuate unpredictably, and this live blog will be regularly updated with the latest news and significant changes. 

Live Updates Bitcoin’s price dropped just below the $13,000 mark in the early hours of this morning, but it has made a recovery.  It is currently worth $13,899 (£10,212), according to . On Sunday, it had been worth more than $17,000. The North American Bitcoin Conference, which takes place in Miami on 18 and 19 January, has stopped accepting cryptocurrency payments for tickets because of how much effort it takes to process them.
“Due to network congestion and manual processing, we have closed ticket payments using cryptocurrencies — Hopefully, next year there will be more unity in the community about scaling and global adoption becomes a reality,” a on its website reads.
“We have, and always will, accept cryptocurrencies for our conferences, up to fourteen days before the event. However, due to the manual inputting of data in our ticketing platforms when paid in cryptocurrencies, we decided to shut down Bitcoin payments for last minute sales due to print deadlines.” Hamish McRae believes .

Mr Zhao says the majority of the 4 million accounts he oversees on Binance are largely associated with male customers, with an average age of 25-35.

, with the crypto-craze showing no sign of abating.
“We did not expect this kind of growth to be honest”, said chief executive Zhao Changpeng, after Binance added 240,000 new members in the space of an hour on Wednesday.  The price of bitcoin dropped sharply this morning , with the government said to have “great concerns” about them.
However, reports that a spokesperson has said the ban is “not a measure that has been finalised”.  It has remained relatively stable throughout the afternoon, though it breached the $14,000 mark just after 3pm, and again just before 5pm.  It is currently worth $13,711 (£10,124), according to . Its value is down more than eight per cent from a week ago, and down more than 21 per cent from a month ago.

The value of bitcoin continued to fall this morning, dropping to $13,250 just after 11.30am. It has recovered slightly since then though, and currently stands at $13,671 (£10,151).

Bitcoin’s price increased slightly overnight, going up as high as $14,890, but dipped sharply in the early hours of this morning. It is currently worth $13,519 (£10,019), according to . Its value has decreased by more than nine per cent over the past week. Billionaire investor has said he has no plans to invest in bitcoin or any other cryptocurrencies, because he doesn’t know “anything” about them.
“In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” he told .
“When it happens or how or anything else, I don’t know.” Microsoft is once again accepting payments from customers in bitcoin, after temporarily removing support for the cryptocurrency because of its volatility. 
“We’ve restored bitcoin as a payment option in our store after working with our provider to ensure lower bitcoin amounts would be redeemable by customers,” a spokesperson for the company told . Bitcoin alternative , after rising more than 60 per cent in a week. Bitcoin’s value has increased steadily through the afternoon. It is currently worth $14,597 (£10,798), according to . Its value is more than 13 per cent lower than it was a month ago, and more than 1,555 per cent higher than it was a year ago. Bitcoin’s price breached the $14,000 mark at lunchtime, but has slipped again. It is currently worth $13,809 (£10,221), according to the exchange. Shares in Kodak have shot up after the iconic photography company announced that it was , in collaboration with UK tech firm WENN Digital.
The digital currency is said to be part of an initiative to help photographers control their image rights, with Kodak saying photographers can receive payment for licensing their work immediately in cryptocurrency form. Bitcoin has declined again, and is currently worth $13,925 (£10,304).  It suffered a big drop between 8am and 9am, falling by more than $600. The co-creator of bitcoin alternative ethereum claims it could double or even triple in price by the end of 2018. 
“What you’re seeing with ethereum is exponential increase in the number of projects — there are billions of dollars being poured into the ecosystem right now — maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably a tripling in price by the end of the year,” Steven Nerayoff told this week. last September. 
, and said “You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart.”
He has now said that that he believes blockchain, the technology behind bitcoin, is “real”, but says he isn’t very interested in the subject of bitcoin. , which has battled with Ripple XRP for second place in terms of market capitalisation, has performed well over recent days. It passed the $1,000 mark for the first time last week.  Bitcoin has remained relatively stable this afternoon and has just hit the $15,000 (£11,092) mark again, according to the exchange.

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