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Is Bitcoin Back? Cryptocurrency Passes $15000 as Rebound Begins Bitcoin rallied past $15,000 on Tuesday as the world's biggest digital currency sought to draw a line under its roller coaster five-day slump. The tokens rose 10 percent to $15,084.86 as of 9:20 a.m. in London, their biggest gain on a closing basis in two weeks and the first in six days. Rival currencies ...
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Cryptocurrency's worrying boom Cryptocurrencies are experiencing a frothiness reminiscent of the dot-com bubble, with bitcoin exhibiting more volatility in the last month than did U.S. equities on Black Monday in 1987, Black Tuesday in 1929 and the Great Recession of 2008. This volatility comes as virtual currencies assume a new ...
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Bitcoin price - live updates: Cryptocurrency value rising again after dramatic slump The cryptocurrency's value fell dramatically last week, dropping by almost $2,000 in just an hour at one point. It has been fluctuating unpredictably ever since, and almost dropped below the $11,000 mark on Friday. Bitcoin is notoriously volatile, and its value is expected to continue to shift wildly.
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Cryptocurrency's Recent Problems Show Why PayPal Is Not Only Here To Stay, But Poised For ... Digital transactions volume is expected to continue to increase dramatically over the next few years, with the big question being who will capture the growth. While cryptocurrency has been long-touted as a replacement to PayPal, recent events have shown such predictions may have been too soon.
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Bitcoin back into recovery mode after Christmas crash The price of bitcoin rose sharply on Boxing Day morning as cryptocurrency bulls reasserted themselves following a week of selling. The price of a bitcoin rose by more than 7.7 per cent from midnight on Christmas day to the time of writing – a period of only nine hours – to almost reach $15,500, before ...
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Bitcoin mania: Cryptocurrency companies set up in India despite warnings While Bitcoin was created as a cryptocurrency in 2009, by an unidentified person using the alias Satoshi Nakamoto, its popularity has grown manifold in recent months with its per unit price soaring to close to USD 20,000 (over Rs 10 lakh) earlier this month. However, the price has been swinging wildly ...
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Cryptocurrency Law Has Been Signed by Belarus President Aleksandr Lukashenko Belarusian President Aleksandr Lukashenko has signed a decree which creates a legal framework for cryptocurrencies, initial coin offerings (ICO), and smart contracts in Belarus. The decree, titled "On the Development of Digital Economy," was prepared this summer to facilitate the inflow of international ...
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