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Bitcoin trading partially suspended as value of cryptocurrency plunges Trading in bitcoin was partially suspended on Friday after the value of the cryptocurrency plummeted. Prices dropped 44 per cent from last weekend's record highs. As they fell below $11,000 (£8,200) – down from almost $20,000 (£15,000) – some exchanges stopped traders buying and selling. Worried about tax on Bitcoin? Here's a closer look at cryptocurrency taxation outside India - Moneycontrol.com
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Get ready for a 2018 cryptocurrency crime wave But there is always a price to be paid for such success and in this case cryptocurrency's massive surge in popularity is likely to trigger an epic wave of crime. Already on December 4th, the SEC announced it shut down an initial coin offering (ICO) for allegedly defrauding investors of $15 million. However ...
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Bundesbank says no euro zone cryptocurrency in sight Digital currencies allow users to make online transactions across borders instantaneously and have surged in popularity this year because of their eye-watering price rises. Bitcoin, the best-known, has increased in price around twentyfold since the start of the year. But the cryptocurrency plunged by 30 ...
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South Korea's FTC Drops In On Cryptocurrency Exchanges According to a press release issued jointly by several South Korean government agencies on December 20, the country's Fair Trade Commission (FTC) has sent representatives on a three-day "field survey" of the country's 13 "major" cryptocurrency exchanges. The investigations, which began the same ...
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Coinbase suspends trading amid cryptocurrency rout Coinbase, the most popular site for cryptocurrency transactions in the U.S., has suspended all trading activity today amid a crash in cryptocurrency prices. A statement on the company's website this morning read, "Due to today's high traffic, buys and sells may be temporarily offline. We're working on ...
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'Bitcoin is a fraud!' Investment banker warns against 'FOOLISH' cryptocurrency craze Investment banker warns against 'FOOLISH' cryptocurrency craze. BITCOIN is a "fraud decorated with technology" due to the unfair nature of its exchange with hard cash, investment banker Chris Whalen claimed. By Aurora Bosotti. PUBLISHED: 16:11, Fri, Dec 22, 2017 | UPDATED: 16:18, Fri, Dec 22, ...
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Nordic online stock brokers are seeing a full-blown cryptocurrency bonanza The Nordic region is catching on to the cryptocurrency fever. Over many days in December, bitcoin certificates have been by far the most traded assets on the region's biggest online stock brokers, Avanza and Nordnet – both based in Stockholm. As one of few stock exchanges in the world, the Nasdaq ...
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Bitcoin Just Lost Almost Half Its Value: What's Going On? At its lowest, the blockchain-based cryptocurrency tumbled to around $11,000, meaning nearly half of its peak value abruptly disappeared. The price fell so much that it led to Coinbase, the biggest bitcoin marketplace, to halt operation temporarily. Is this a sign that the bitcoin bubble is on the verge of ...
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Can cryptocurrency mania end like Wall Street Crash of 1929? The cryptocurrency market is going to crash, when people who invested on the dawn of the boom, will cash out, says the analyst. "Cryptocurrencies can repeat the history of the 1929 stock market crash. Some say the recent collapse of bitcoin is attributed to the cancellation of its hardfork (SegWit2x), ...
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Bitcoin bug bites jobhunters as enquiries double BENGALURU | MUMBAI: As bullish Indians buy into the Bitcoin boom, despite the recent volatility, the cryptocurrency craze is spilling over into the employment market as well. Jobs related to the industry have soared by over 50% in the past year, coupled with a doubling in enquiries from jobhunters ...
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