bitcoin future

Bitcoin jolted by regulation worries, falls 7 percent on extended selloff

January J, 2018
Market Hive
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Bitcoin jolted by regulation worries, falls 7 percent on extended selloff TOKYO/SINGAPORE (Reuters) – Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year. The price of the world’s biggest and best-known cryptocurrency fell to as low as $10,567 on the Luxembourg-based Bitstamp exchange, not far…

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Five predictions for digital currencies in 2018 — including stomach-churning drops, bitcoin-related IPO

January J, 2018
Market Hive
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Five predictions for digital currencies in 2018 — including stomach-churning drops, bitcoin-related IPO   More institutions will get into cryptocurrencies this year, analysts say. They expect more regulation and bitcoin's price to drop, before recovering. Stock investors may also get a chance to invest in a digital currency-related IPO. After the bitcoin craze rose to a near-fever pitch in the last several weeks of 2017, several investors and analysts in the space see more growing pains for cryptocurrencies this year.…

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Bitcoin slump sees trades suspended on certain exchanges

December J, 2017
Market Hive
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Bitcoin slump sees trades suspended on certain exchanges Bitcoin plunged on Friday, extending a fall that saw the crypto-currency lose almost a third of its value from a record of nearly $20,000 (£15,000). The crypto-currency's price dipped below $11,000 on Friday, according to the Coindesk exchange website, before recovering to above $13,000. Amid the swings, three Bitcoin-related exchanges suspended certain trades. Bitcoin has had a blistering trip over the past 12 months. Its price at the start of the year…

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Bitcoin Bulls Face ‘Alt’ Competition in Push to $20k

December J, 2017
Market Hive
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Bitcoin Bulls Face 'Alt' Competition in Push to $20 Bitcoin may still be in the hunt for $20,000, but the bulls need progress soon else a minor pullback could be in the offing. As per CoinDesk's Bitcoin Price Index (BPI), the cryptocurrency is trading at $17,539, having appreciated 4.48 percent in the last 24 hours to a new all-time high. But while that's a modest, even impressive gain, it's worth noting that alternative currencies like litecoin and ether have strengthened…

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