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Worries about South Korean crackdown drive bitcoin price down

The price of the largest by cap cryptocoin, bitcoin, plunged down below $12,000 on Tuesday. This represented a six-week low for the coin. Later in the day it was actually below $11,000.

S. Korea govt sends bitcoin on rollercoaster ride

Seoul - Bitcoin and other virtual currencies were sent on rollercoaster rides in South Korea Thursday as the government said it was planning to ban cryptocurrency exchanges, before later backtracking.

Several firms withdraw applications for bitcoin-related ETFs

New York City - Several different firms who were seeking to list exchange-traded funds (ETFs) linked to bitcoin withdrew their filings after negative feedback from the Securities and Exchange Commission (SEC).

Bitcoin market turns bearish as China plans 'orderly exit'

Bitcoin's value is slipping after leaked documents from China suggest the country's finance regulator could clampdown on cryptocurrency mining. Israel's central bank has also voiced concerns, saying today it will not recognise Bitcoin as a real currency.

Op-Ed: Australian banks freezing accounts, exchanges related to Bitcoin

Sydney - The world’s most annoying investment has now become a potential risk, at least according to the actions of some Australian banks. The big Australian banks have been accused of freezing accounts and restricting deposits.

Bitcoin price recovers a bit on Boxing Day

After slumping over the holiday, bitcoin's price struggled back over $16,000 briefly on Boxing Day December 26th before falling back a ways. On December 17th it reached a high above $19,500. It then plummeted to just $10,834 on December 22.

On December 23 bitcoin recovers over $4,000 from its low

A week ago bitcoin prices were nearing $20,000 while on Friday the price dropped below $11,000. Saturday the trend is back up with prices rising above $15,000 again.

Op-Ed: Coinbase exchange pauses trading as bitcoin bubble may have burst

At 11 a.m. Eastern Time today, December 22, Coinbase announced that all buys and sells had been temporarily disabled. This is the second time in two days that the exchange temporarily disabled buys and sells.

Ripple making waves in the cryptocurrency market

San Francisco - The price of the Ripple XRP cyptocoin has breached the dollar level setting a new high of $1.06. Although many may not have heard of Ripple, it is now the third or fourth largest cryptocurrency by market capitalization.

Google VP vows 'vigilance' after US net neutrality rollback

Geneva - Google's vice president Vint Cerf voiced concern Thursday about a US move to roll back "net neutrality" rules for internet access, and vowed to be on the lookout for any "serious side effects".

Op-Ed: Bitcoin price falls as interest turns to other cryptocurrencies

Bitcoin appears to have topped out as excitement about the first two future exchange launches fades and attention turns to other cryptocurrencies particularly bitcoin cash.

Coinbase starts investigation into Bitcoin Cash 'inside trading'

Coinbase has launched an investigation into claims that insider trading inflated the price of Bitcoin Cash yesterday. Coinbase unexpectedly opened its Bitcoin Cash exchange on Tuesday but then stopped purchases as the price rocketed above market value.

Op-Ed: New cryptocurrency on Coinbase causes bitcoin price crash

Coinbase just added support for trading bitcoin cash on the exchange. You can now send, receive, buy and sell bitcoin cash on the exchange. Bitcoin cash will also trade on Coinbase's institutional-focused exchange GDAX.

North Korea's new front: cyberheists

Seoul - The messages are alluring, the pictures are attractive. But the women seeking to beguile South Korean Bitcoin executives could actually be hackers from Pyongyang in disguise, experts warn.

Cryptocurrency exchange Youbit to close after second hack attack

The South Korean cryptocurrency exchange Youbit has announced it will shut down its marketplace. The company has been hacked for the second time in the past year. Cybercriminals made off with 17 percent of Youbit's assets after raiding its exchange.

Bitcoin futures begin trading on world's biggest exchange

Chicago - The Chicago Mercantile Exchange (CME) the largest in the world began trading bitcoin futures just a week after the rival Chicago Board of Exchange (CBOE) first launched bitcoin futures trading.

Bitcoin breaks through $19,000 setting new high

As investors prepare for a second bitcoin futures launch by the Chicago Mercantile Exchange (CME) its price reached a new high of $19,783.06 at 12:14 UTC today , December 17th.

Bitcoin's dirty little secret has real-world consequences

Bitcoin is basically a cryptocurrency, secret computer money without any physical form. Today, one bitcoin is worth nearly $19,000, but to get one, you either buy from an online exchange or use special computer hardware to mine it, and that is a problem.

Litecoin creator Lee warns about the risks of buying litecoin

Recently the price of litecoin a smaller competitor of bitcoin, and in many ways similar, shared in the meteoric rise of its big brother. Its price more than doubled from Sunday Dec. 10 to over $300 on Tuesday morning.

Greek court orders extradition of Russian Bitcoin suspect to US

Atenas - Greece's Supreme Court on Wednesday ordered that a Russian accused of laundering $4 billion using bitcoin digital currency be extradited to the United States, a court source said.
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