Bitcoin extended its five-day losing streak on Thursday and dropped below $8 000 for the first time since June as a growing list of concerns weighed on crypto assets.
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Bitcoin fell 17% to as low as $8 088 in New York on Tuesday, the biggest intraday drop since January 2018 and its first time below $9 000 since mid-June,
The subset of digital assets dubbed privacy coins, which have long delighted libertarians and frustrated law enforcement, are feeling the pinch of a step up in regulation.
The most exciting innovation in initial distribution of cryptocurrency in 2019 is Handshake’s directed airdrop.
Technical indicators show the price action between bitcoin and alternative tokens is nearing its highest correlation this year, indicating that a so-called alt season may be on the horizon.
The man who claims to have invented bitcoin submitted false documents and lied in a legal dispute with the estate of his former partner, a judge ruled, adding that Craig Wright has to surrender more than $4-billion of the cryptocurrency.
Bitcoin’s trading range is narrowing as speculators seek positions on the right side of a potential break-out.
Jeff Garzik used to exchange e-mails with Satoshi Nakamoto before the anonymous creator of bitcoin disappeared years ago. He doubts Satoshi has resurfaced again.
Investors are being forced into bitcoin and gold by persistent monetary stimulus by global central banks, which has eroded the store-of-value characteristics from traditional financial markets. By Rob Price.
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