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Another holiday cryptocurrency market slump is here as bitcoin, and a broad swathe of other digital assets, are hitting new lows during New Year’s Eve weekend. On Saturday, December 30 around 7am EDT, the price of bitcoin (BTC) touched a low of $12,240 across global exchanges after coasting along at $14,300 for most of Friday’s […]
The post Markets Update: BTC Value Against the Dollar Continues to Slide appeared first on Bitcoin News.
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Today, the total market capitalization of Ripple exceeded $100 billion for the first time ever. This milestone makes Ripple the first cryptocurrency other than bitcoin to break into the 12-figure threshold, and positions it as the second largest crypto by total market capitalization. Also Read: Markets Update: Bitcoin Markets Retrace to the $15,000 Area Ripple […]
The post Ripple Gains 1,000% in One Month – Now the Second Largest Cryptocurrency appeared first on Bitcoin News.
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The Japanese financial regulator has approved one more cryptocurrency exchange, making it the 16th exchange to be licensed. As competition intensifies, some local exchanges are branching abroad in search for more volume and liquidity. Meanwhile, more merchants are embracing bitcoin. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Another Bitcoin […]
The post Japan Approves New Bitcoin Exchange as Adoption Grows and Peers Expand Overseas appeared first on Bitcoin News.
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BTC markets have produced sideways consolidatory price action in recent days, following bitcoin’s dramatic crash from almost $20,000 USD to test a low of approximately $11,000, and ensuing bounce up to the 0.618 retracement area. Most major altcoin markets have bounced in concert with BTC. Also Read: Seven Deadly Trading Mistakes Every Rookie Makes Bitcoin Markets […]
The post Market Update: BTC Value Consolidates After Bouncing appeared first on Bitcoin News.
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Huobi CEO Li Lin said on Tuesday that he will use 100 million CNY to compensate users for their investment losses in the WAX project. Also Read: Several Bitcoin Exchanges Are Closing Their Doors to New Traders A Pump-and-Dump Incident Huobi.pro launched an ICO token, WAX, on December 20. The opening price of the token was […]
The post Huobi CEO Announces 100 Million RMB to Compensate WAX Investors appeared first on Bitcoin News.
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The price of bitcoin (BTC) has rebounded significantly since our last markets update. BTC markets reached a high of $16,100 across many global exchanges around 11:00 am EDT on December 26. The price spike is a big jump from yesterday’s weighted global averages of $13,800-14,000 per BTC on Christmas day. Also read: Bundesbank Board Member: […]
The post Markets Update: Deflated Digital Asset Prices Bounce Back appeared first on Bitcoin News.
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The price of bitcoin has dropped considerably since it touched its all-time high of $19,600 per BTC on December 17. Since then markets have been quite bearish across the board, leading to lows in the $11K zone on December 22. Bitcoin markets have rebounded since then, and the price per BTC across global exchanges has […]
The post Markets Update: Bitcoin Price Moves Sideways During the Holiday Lull appeared first on Bitcoin News.
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A small U.S. beverage company’s share price has increased by more than 400% in a single day after rebranding to include the word ‘blockchain’ in its name. The company, formerly known as Long Island Iced Tea Corp, is now called Long Blockchain Corporation. A Hong Kong-based beverage company formerly-named Skypeople Fruit Juice has also seen […]
The post Iced Tea Firm’s Shares Quadruple After Changing Name to ‘Long Blockchain Corporation’ appeared first on Bitcoin News.
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Etrade, a popular online retail trading platform, has announced it will support Cboe bitcoin futures contracts for its users. The company joins rivals Ally and TD Ameritrade in a bid to capture part of the multi billion USD cryptocurrency market. Also read: United States Olympic Luge Team to Accept Bitcoin Donations Etrade Joins a Crowded […]
The post Etrade Joins Increasingly Crowded Bitcoin Futures Market appeared first on Bitcoin News.
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The majority of crypto markets appear to have regained correlation with bitcoin, with BCH, ETH, LTC, DASH and many other major markets dumping in unison with BTC. For bitcoin, today’s retrace down to test the $11,000 USD line comprises the sixth consecutive day that BTC has lost value after testing the $20,000 area, whereas BCH […]
The post Markets Update: Major Crypto Markets Dump in Unison appeared first on Bitcoin News.
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