Mt Gox

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Bitcoin Price Watch: Currency Drops Another $100

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Bitcoin has dropped to $8,800. This is a $100 drop from yesterday’s $8,900, which in turn was a fall from the currency’s previous high of $9,300 last Tuesday. People are scratching their heads and wondering what’s going on. Bitcoin’s market cap has sunk from $158 billion to $140 billion in less than 24 hours. Analysts … Read more

Do Crypto Trading Bots Really Work?

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Bots and talk of bots is endemic within the crypto space, with behavior, good and bad, often attributed to their actions. Mt Gox famously had the Willy Bot manipulating merrily, perennial bear Bitfinexed sees bots everywhere, and crypto traders are prone to boasting about the sick returns they’ve raked in from their proprietary arb bots. … Read more

Mt Gox CEO Mark Karpeles Lands New Job — CTO for Cryptocurrency Firm

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The infamous former CEO of the now defunct bitcoin exchange Mt Gox, Mark Karpeles, is trying to start over with a clean slate in life. Karpeles has revealed to the media that he’s started a new C-level position as the Chief Technology Officer (CTO) for a firm called London Trust Media. The technology company invests … Read more

Bitcoin Price Watch: Currency Jumps Another $100

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Bitcoin’s price has risen by another $100 and presently stands at $8,200. According to one source, the next spike may take the currency all the way to $8,500, in which the next goal will be to reach $9,400. Other cryptocurrencies also seem to be “infected” with bitcoin’s rising spirits. Ethereum, for example, is trading at … Read more

Bitcoin Price Watch: Currency Jumps Back to $8,100

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At press time, bitcoin has recovered to $8,100 after trading between $7,900 and $8,000 24 hours ago. One of the primary reasons for yesterday’s $400 drop may be Kraken’s recent announcement that it was pulling out of Japan. The San Francisco-based cryptocurrency exchange previously entered the country’s digital currency arena to assist Mt. Gox, the … Read more

Cryptocurrency Exchange Kraken Withdraws from Japanese Market

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Cryptocurrency exchange Kraken is suspending all of its services to Japanese residents. The exchange has been allowed to operate in Japan while its application with the country’s financial regulator is being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Kraken Pulling Out of Japan Kraken announced on Tuesday the suspension of its services … Read more

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