Bitcoin prices suffered further bloodshed Thursday night, falling below $3,300 and hitting a fresh, 2o18 low. The digital currency declined to as little as $3,293.31, according to CoinDesk bitcoin price data. At this point, the cryptocurrency was down roughly 11% in the last 24 hours and approximately 83% from its all-time high of nearly $20,000, additional CoinDesk figures reveal. more...
Bitcoin fell below $5,400. What caused this sharp drop? This downward movement took place as the broader cryptocurrency market also suffered notable losses, declining from a total value of $210 billion earlier in the day to almost $180 billion by roughly 15:30 UTC (approximately 10:30 a.m. ET), according to CoinMarketCap. When explaining what caused the sharp decline in bitcoin prices, analysts generally pointed to either ...
OXFORD, UK and GENEVA, SWITZERLAND: Coinschedule, the British blockchain portal, and Trecento Blockchain Capital, an asset management company, have announced today the launch of a joint investment fund called "Coinschedule Trecento BC Fund", which will invest in early stage blockchain companies including token offerings and equity-based deals. ...
Gibraltar United Football Club is going to pay its players in cryptocurrency. Football teams have previously embraced cryptocurrency and blockchain technology, but Gibraltar United F.C. will be the world's first football team to introduce cryptocurrency as payment for players. The club's owner, Pablo Dana, announced that Gibraltar United F.C. started a sponsorship partnership with blockchain-based platform Quantocoin. UK's Guardian newspaper ...
The price of bitcoin surged above $8,000 last Tuesday for the first time since May after the Group of 20 (G20) meeting in Argentina concluded with little urgency to take regulatory action on cryptocurrencies. In a communiqué, G20 finance ministers and central bank governors expressed confidence that the technology underlying alt-coins “can deliver significant benefits to the financial system and the broader economy.” Keep in mind, though, ...
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