SHARES Content originally published at iBankCoin.com Crypto currency Bitconnect (BCC) plunged from $321 to a tad over $35 today, a drop of more than 86% after regulators from state authorities issued cease and desist letters for unauthorized sale of securities. That’s right. Just because your shit is on the blockchain, that doesn’t mean you get…
General Crypto
General Crypto
Bitcoin Falls Below $10,000 as Virtual Currency Bubble Deflates
Jan. 17, 2018 SAN FRANCISCO — The air has been swiftly leaking out of the virtual currency bubble. A decline in virtual currency prices that began before Christmas has picked up pace in recent days as concern has grown that governments could crack down on the new industry. For a time on Wednesday, the price…
Bitcoin’s plunge hits Winklevoss twins, turning them into ex-billionaires
Bitcoin’s plunge hits Winklevoss twins, turning them into ex-billionaires Tom Metcalf More What bitcoin giveth, bitcoin taketh away. Cameron and Tyler Winklevoss, the twin brothers who became billionaires after the run-up in the price of bitcoin and other digital assets toward the end of last year, have seen their fortunes drop 37 per cent in…
‘This can’t be happening’: Suffering and schadenfreude in crypto community – MarketWatch
So, what happened to the unflinching bravado that has long been the trademark of the staunchest cryptocurrency supporters? About $400 billion in losses , that’s what. This has been a particularly brutal spell, and it certainly feels like more than just another “buy the dip” opportunity. Bitcoin BTCUSD, -1.01% has now shed about half its…
Here are all the theories explaining the crypto market crash
print Foto: REUTERS/Lucas Jackson A trader works on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, NY, U.S. December 13, 2016. The cryptocurrency market has lost $340 billion of value since the start of January, with a severe sell-off on Tuesday and Wednesday this week. Analysts…
Bitcoin slumps to $10,000, half its peak price, as regulatory fears grow
Bitcoin slumps to $10,000, half its peak price, as regulatory fears grow By Tommy Wilkes and Hideyuki Sano Share 1 / 2 FILE PHOTO: Broken representation of the Bitcoin virtual currency, placed on a monitor that displays stock graph and binary codes, are seen in this illustration picture FILE PHOTO: Broken representation of the Bitcoin…
Why is gold turning costlier?
Why gold rates have climbed to Rs 31000 despite a stronger dollar Why gold rates have climbed to Rs 31000 despite a stronger dollar Source : SIFY Last Updated: Wed, Jan 17, 2018 17:37 hrs The first fifteen days of the new year have already taken the markets by surprise. Gold, often been criticised…
Cryptocurrency Crash Sees Suicide Hotline Appear on Reddit Forum, as Bitcoin Price Continues Slide
On 1/17/18 at 10:12 AM Share Tech & Science Bitcoin Cryptocurrency Bitcoin and other virtual currencies have nearly halved in value since last month, prompting a popular cryptocurrency forum to offer suicide prevention support to any members who may have been impacted financially by the price crash. The cryptocurrency forum on Reddit, which has almost…
Ripple (XRP) and 4 Other Coins Buffet Would Buy
30477 [Photo: Buffet at a past event. Source: Fortune.com ] Warren Buffet has vehemently declared that he will never invest in Bitcoin and all Cryptocurrencies in general. He has said that all cryptocurrencies will most likely come to a bad ending. From such words, one can deduce that the Oracle Of Omaha has no excitement…
Stellar: Why This Cryptocurrency Could Be the Next Bitcoin | Money
January 16, 2018 Want to know how a cryptocurrency suddenly gets hot? Based on recent history, it’s actually quite simple: Have a talented or prominent blockchain designer as the company’s founder, and then sign up a couple of high-profile clients to use the blockchain. That’s it. That seems to be pretty much all you need…