This week on MTV News, we’ve got a little bit of everything, including news on Bitcoin, the virtual currency that’s being embraced by millions around the world, the most popular cryptocurrency out there, and a look at a few virtual currency coins being launched.
The episode starts at 9 p.m.
ET on Monday, February 14, and you can watch it live here.
Bitcoin has become a big part of the virtual-currency world, but its popularity is not without controversy.
In February, the value of a Bitcoin fell to about $11,000, a drop of about 30 percent since its peak at $14,500 in March, but it’s still the fourth-most popular cryptocurrency on the planet.
Bitcoin has been a growing target for hackers and fraudsters, with the FBI and the U.S. Secret Service warning in recent months that virtual currencies pose a threat to national security.
Bitcoin’s value has been steadily declining since its value peaked in 2016, when it was trading at more than $1,000 a coin.
The decline is mostly attributed to a number of factors, including Bitcoin’s inability to be easily traded for fiat currency, its volatility, and its lack of trust in third-party exchanges.
The cryptocurrency’s value also has been affected by China’s ban on Bitcoin and other cryptocurrencies in early 2018.
The Bitcoin price peaked around $14000 in late February, when a surge in demand for Bitcoin led to the digital currency’s value hitting record highs.
But by the end of the year, the price was trading near $0.10.
That’s a dramatic drop from a peak of $13,400 in August of last year, when the virtual cryptocurrency had a value of about $2,000.
Bitcoin Cash has also been growing in popularity, but with less volatility.
Bitcoin Cash has been gaining in popularity in recent weeks due to news that China has banned Bitcoin and some other cryptocurrencies.
The digital currency was trading around $100 a coin in late January, but by late January it had fallen below $10.
It has since risen to $20, and it is now trading around a dollar a coin, according to data from CryptoCompare.com.
Bitcoin is not the only digital currency in the news this week.
The virtual currency Ethereum, a blockchain that allows for faster and cheaper transactions, is also being considered a possible alternative to Bitcoin, as is Ripple, another blockchain that uses technology to transfer value between entities.
Bitcoin and other virtual currencies have also been seen to be the subject of rumors of scams and counterfeits, and the price of Bitcoin, along with other virtual-currencies, has been fluctuating wildly.
In March, news broke that a Bitcoin “pump” that was supposed to boost the price jumped to more than a $600 price, causing some investors to question its validity.
In response, Bitcoin reached a peak at about $8,000 and fell back to about half its value in May.
Bitcoin prices have been rising recently, but have remained low compared with fiat currencies, which have appreciated about 70 percent this year.