Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community, a director at Germany’s central bank said on Monday. National authorities across the globe, and particularly in Asia, have attempted to put the brakes on a […]
Read More A bitcoin sell-off that began at the beginning of the week is gaining momentum, with a fifth of its value evaporating in just the past 24 hours. The digital currency slumped 19 percent to $12,668 Friday, according to the tracking site CoinDesk. The price of bitcoin has skyrocketed in recent weeks, and Friday’s drop brings […]
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Bitcoin fell more than 10 percent on Wednesday to a one-week low of $15,800 at cryptocurrency exchange Bitstamp, losing almost one- fifth of its value from a peak hit just three days ago. The digital currency has been sliding since it reached a record high of $19,666 on Sunday, when the exchange giant CME Group […]
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CME Group Inc, the world’s largest derivatives exchange operator, began trading bitcoin futures on Sunday, with the contract opening at what is currently its session high and dropping over 6 percent within the first half hour. The CME bitcoin front-month futures opened at $20,650 and have so far traded as low as $19,290 and as […]
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