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Bitcoin Slump Deepens, Digital Currency Has Now Fallen 67% from Its Peak Bitcoin prices fell nearly 20% on Monday, pulling down dozens of other cryptocurrencies along with it, as this year's selloff continues to undo last year's rally. Bitcoin was down 19% at about $6,600 on Monday afternoon, according to CoinDesk. The price recoverd to about $7,200 at around 3:30 p.m. ...
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Zerocoin Aims to Become a Standard Crypto Currency for Online Gambling There seems to be a sudden surge of ICOs in the gambling space, and Zero Edge has caught our attention. It aims to create a cryptocurrency for the online gambling space and they have an ICO coming up. Zero Edge is a decentralized online casino and an open protocol which aims to offer players 0% ...
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As Bitcoin Bubble Loses Air, Frauds and Flaws Rise to Surface SAN FRANCISCO — You did not have to be a technophobe to worry that the virtual-currency boom of the past year papered over plenty of problems. The scale of those problems is starting to become clear as digital tokens have slid more than 50 percent in value from their peaks in early January, with ...
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Africa's Currency Manipulators Haven't Finished Reforms Yet Angola and Morocco last month became the latest African nations to loosen long-held currency pegs, following the lead of Nigeria and Egypt as they sought to revive struggling economies. The question is whether they've done enough. The four nations — among Africa's six biggest economies — have ...
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Dollar's Wane Translates Into Stock Investors' Pain: Gadfly The Bloomberg Dollar Spot Index, which tracks the performance of the dollar relative to a basket of 10 global currencies, fell 1 percent the day Mnuchin made his comments. It was down an additional 0.3 percent through Thursday even after Mnuchin sought to clarify his remarks and expressed support ...
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