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it would have cost you nearly 20,000. Other cryptocurrencies fared even worse on Wednesday. We collect the best and most interesting stories and videos on the internet in one place. Los Angeles Times Digg is what the internet is talking about, right now. One possible culprit people no longer see buying it as a speculative risk worth taking: Bitcoin saw volume spikes last year from a combination of people investing in the digital token and speculators wanting to profit from its up and down moves regardless of its. New Scientist went to press, that coin was now worth around 3300 and still falling. The crazy tale of the search to find the thief who stole the priceless Gutenberg Bible from Harvard. Breaker Mag, the SEC's Regulatory Crackdown, last Friday, the SEC announced settlements with two companies behind multimillion dollar ICOs, sending shockwaves through the crypto market: By forcing Airfox and Paragon to refund their token sales, the SEC is putting every company that did an ICO. Along with the cftc, prosecutors have been looking into a number of trading strategies, including spoofing the illegal practice of flooding the market with fake orders to trick other traders into buying or selling, Bloomberg reported in May.
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The bitcoin price has fallen some 45 so far this month after rival cryptocurrency, bitcoin cash, split in two due to developers and miners failing to reach an agreement over its future, triggering a cryptocurrency sector-wide sell-off that has caused some to question bitcoin's chances. Ether fell as much as 13 percent while. Many have previously pointed to institutional investors and the established financial industry's interest in bitcoin over other major cryptocurrencies (save for Ripple's XRP) as the reason for the alt coin sell-off so far this year. Getty, bitcoin has this week dropped below 3,500 for the first why is bitcoin cash rising so fast time in 14 months, according to CoinDesk's price tracker, down around 80 from its peak in December last year and casting a shadow over the hundreds of bitcoin and cryptocurrency startups that have popped. Now that the price has stabilized, there's less speculation, he added. Bitcoin has had a terrible month, but not as bad as many other major and minor cryptocurrencies it would seem, with bitcoin's share of the total cryptocurrency capitalization, known as its dominance, moving higher throughout November. "Apathy is the enemy of democracy. CoinMarketCap, this morning it has been reported New York exchange operator Nasdaq is moving ahead with a plan to list bitcoin futures, according to Bloomberg, citing unnamed sources. Meanwhile, despite bitcoin's massive sell-off, it would appear there is still some appetite for cryptocurrencies amongst institutional investors and the traditional financial services industry.
Bitcoin plummets under 6,000 to a low of the year after months Cryptocurrencies Plummet, Bitcoin Likely to Fall Further Says Analyst As The Bitcoin Price Plummets, Its Dominance Is On The Rise - Forbes Bitcoin price plummet: Bitcoin falls to NEW LOW - Why is Bitcoin This Is Why Bitcoin Crashed In January And Will Continue To Plummet
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