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

January J, 2018
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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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Bitcoin drops below $15,000 as regulation, demand concerns linger

January J, 2018
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Bitcoin drops below $15,000 as regulation, demand concerns linger Bitcoin slumped, dragging down smaller rivals such as ether and litecoin, as concerns that regulators will tighten their grip on the market weigh on the world's largest cryptocurrency. Regulators in China and South Korea are increasing oversight on cryptocurrency trading and mining, while the US Securities and Exchange Commission late last year started cracking down on some digital token sales, known as ICOs. Coinmarketcap.com's decision to exclude Korean pricing data for…

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Bitcoin Alternatives – Ethereum Vs Litecoin Vs Verge Vs Ripple Vs Zcash

January J, 2018
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Bitcoin Alternatives – Ethereum Vs Litecoin Vs Verge Vs Ripple Vs Zcash After bitcoin, ripple is one of the largest cryptocurrencies by market capitalization The bitcoin prices may have stabilized but, they still hover around $13,000, a price far too high for a lot of potential investors. The exorbitant price of bitcoins dissuaded hundreds of thousands of potential investors who missed the 2017 rally. The bitcoin prices had jumped in the last month of 2017 in run up to the…

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash, Monero: Price Analysis, Dec. 30

December J, 2017
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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash, Monero: Price Analysis, Dec. 30 Cryptocurrencies have generated wealth for the traders like no other asset class. While Bitcoin has garnered most of the attention, it is not the only one to have risen in 2017. There have been scores of winners. Ethereum was the second leading currencies aiming to overtake Bitcoin as the dominant leader of the year; it could never really achieve the feat. However, within the past two weeks,…

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Bitcoin Price Storms to $5,955 as Bitcoin Gold Fizzles

October J, 2017
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Bitcoin Price Storms to $5,955 as Bitcoin Gold Fizzles The crypto markets experienced a moderate recovery on Thursday, as the bitcoin price began to recover from the dip that it entered following the Bitcoin Gold hard fork. Many altcoins achieved slight price bumps as well, enabling the total cryptocurrency market cap to rise above the $172 billion mark. Chart from CoinMarketCap Early in the day, it appeared that the markets were heading south, continuing their movement from the previous day.…

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Bitcoin Price Bounces Back, Crypto Markets Recover to $170 Billion

October J, 2017
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Bitcoin Price Bounces Back, Crypto Markets Recover to $170 Billion The crypto markets bounced back on Thursday following a significant contraction the previous day. The bitcoin price led the charge, rising more than 6% to put the $5,700 barrier within its sights, while the ethereum price ticked up 3% to $309. Unfortunately, the recovery was not comprehensive, and some cryptocurrencies — including ripple — continued to decline. Chart from CoinMarketCap The downturn forced the total cryptocurrency market cap as far…

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Why Silicon Valley is going gaga for Bitcoin

October J, 2017
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Why Silicon Valley is going gaga for Bitcoin Cryptocurrencies are on a historic tear right now. And Silicon Valley’s infatuation with the industry explains a lot about itself. Should I buy bitcoin? As a technology reporter, the questions I receive from random people at birthday parties, say, or seatmates on a plane, are usually emblematic of what is going on in the digital world. (And, increasingly, the real one, too, for that matter.) Not too long ago, the predominant question…

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Bitcoin Price is Hitting Above $4,500 Again

October J, 2017
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Bitcoin Price is Hitting Above $4,500 Again Bitcoin price surpassed the $4,500 mark Sunday, reaching $4,614.91 Sunday, posting a market capitalization of $76.662 billion. Bitcoin posted close to a 5% gain in the last 24 hours, during which most cryptocurrencies posted losses. Ripple and Litecoin were the only other two of the top 10 cryptocurrencies to gain in the period, posting 15.6% and 2.02% gains, respectively. BitConnect, the number 12 crypto with a market cap just over $1 billion, was…

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Ethereum, Bitcoin Prices Slide as Market Sheds $10 Billion

September J, 2017
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Ethereum, Bitcoin Prices Slide as Market Sheds $10 Billion The crypto markets took a steep downward turn on Friday, with more than 90 of the top 100 cryptocurrencies posting single-day price declines. The bitcoin price dropped nearly $400 after challenging the $4,000 level earlier in the week, while the ethereum price slipped below $260. Chart from CoinMarketCap The total cryptocurrency market cap–the combined value of all cryptocurrencies–dropped more than $10 billion for the day. After beginning the day at about…

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Record $5,000 Bitcoin Price Triggers $13 Billion Market Sell-Off

September J, 2017
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Record $5,000 Bitcoin Price Triggers $13 Billion Market Sell-Off The bitcoin price touched $5,000 this morning, ushering in a historic moment for the cryptocurrency ecosystem. Unfortunately, this achievement also triggered off a comprehensive market sell-off. Almost every major cryptocurrency–including ethereum, Ripple, and IOTA–experienced significant price decreases. Chart from CoinMarketCap The sell-off led to a significant crypto market cap pullback. At the height of the rally, the total value of all cryptocurrencies reached $179.7 billion–a new all-time high. However, nearly $13…

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