Tag Archives: blockchain technology

Bitcoin Price Near Bottom as ‘Selling Has Become Exhausted,’ Says Market Strategist

‘A Bottoming Process Can Begin’ While everyone and their grandmother know about Bitcoin’s dramatic decrease in value following exorbitant prices in December 2017, many investors and traders in the first and foremost cryptocurrency are less aware of its decreased volatility. … Continue reading

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Crypto Exchange Bithumb Hacked, Thieves Steal $30 Million

South Korean cryptocurrency exchange Bithumb has suspended deposits and withdrawals after losing $30 million worth of cryptocurrencies as the result of an apparent hack. The Seoul-based company, once the world’s largest cryptocurrency exchange, on Wednesday announced that $30 million worth … Continue reading

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Bitcoin Bounces From $6,100 to $6,500, Market Buys Breathing Room

The bitcoin price has demonstrated a short-term corrective rally from $6,100, rebounding to $6,500 over the past 24 hours, rising by around 6.5 percent. Small cryptocurrencies and tokens followed the price movement of bitcoin on the upside. — RELATED— BITCOIN: … Continue reading

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Ethereum Classic Price Jumps 25% Following News of Coinbase Listing

American cryptocurrency exchange Coinbase announced June 11 that they will support Ethereum Classic (ETC) on their platform, after which the price jumped over 25 percent. At 01:14 UTC, ETC was trading at $12.89, but an hour later the price had … Continue reading

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Bitcoin prices continue to fall as yet another exchange reports a breach

The value of bitcoin and many other digital currencies fell to their lowest levels this year after South Korean exchange Coinrail said a hack over the weekend stole virtual coin estimated to be worth more than $37 million. In a … Continue reading

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Apple just banned cryptocurrency mining on iOS devices

Apple recently announced new restrictions on the use of cryptocurrencies on iPhones and iPads, a change first noticed by Apple Insider on Monday. “Apps may not mine for cryptocurrencies unless the processing is performed off device,” Apple’s app store guidelines … Continue reading

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Nasdaq CEO: Cryptocurrencies Are at ‘Height of Hype’

In an interview on Bloomberg Businessweek on June 5, Adena Friedman, president and CEO of Nasdaq Inc., said that cryptocurrencies are at “the height of a hype cycle” and can become a “financial element of the Internet.” Speaking on how … Continue reading

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Bitcoin Won’t Be Global Currency: Ripple CEO Brad Garlinghouse

Brad Garlinghouse of Ripple told CNBC on Tuesday that Bitcoin will not be the catch-all solution people are hoping for in terms of being a global currency. “I think it’s not going to be the panacea that people once thought … Continue reading

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