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Category: CryptoCoinsNews

Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive

The post Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive appeared first on CCN

According to BitPay chief commercial officer, Sonny Singh, whenever Bitcoin’s price surges high or drops low, the situation is blown out of proportion. “You know every time there’s good news or bad news, the market tends to overreact. And now we are seeing an overreaction of the downward side”, Singh said in an interview with

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Bitcoin Price Roller Coaster Makes Ransomware Cybercriminals Queasy

The post Bitcoin Price Roller Coaster Makes Ransomware Cybercriminals Queasy appeared first on CCN

Bitcoin has done what regulators haven’t been able to accomplish — getting cybercriminals to lay off of cryptocurrencies as the ransom payment du jour in malware attacks. Bitcoin’s price swings over the past few days — from below $10,000 24 hours ago to more than $11,500 today — have stoked emotions ranging from fear of a

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Soaring Bitcoin Price Leads $159 Billion Crypto Market Recovery

The post Soaring Bitcoin Price Leads $159 Billion Crypto Market Recovery appeared first on CCN

Well, somebody bought the dip. Just as critics were rushing to proclaim that the bitcoin bubble had burst, the markets staged a $159 billion recovery. The rally was headlined by the bitcoin price, which rebounded from its sub-$10,000 fling and is currently flirting with $12,000. Several other top-tier coins, meanwhile, returned single day increases in … Continued

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Portugal Consumer Watchdog Scolds Bank for Blocking Bitcoin-Related Transactions

The post Portugal Consumer Watchdog Scolds Bank for Blocking Bitcoin-Related Transactions appeared first on CCN

Shortly after revealing a proposal to tax bitcoin investors to make it fair on traditional investors who have to deal with the government taking one-third of their earnings, Portuguese consumer watchdog DECO has stressed that the country’s banks have “no known legal basis” to block bitcoin-related transactions. As CCN recently reported, the Portuguese branch of … Continued

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First Bitcoin Futures Contract Settles at $10,900 and the Bears Won Round #1

The post First Bitcoin Futures Contract Settles at $10,900 and the Bears Won Round #1 appeared first on CCN

Bears 1. Bulls 0. That’s the score following the settlement of CBOE’s January bitcoin futures contracts, which closed on Wednesday at $10,900 following a steep correction in the spot markets. First Bitcoin Futures Contract Settles at $10,900 as Bears Win Round One CBOE had listed these contracts on Dec. 10, making them the first bitcoin … Continued

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NYSE Owner Will Launch Cryptocurrency Data Feed for Institutional Clients

The post NYSE Owner Will Launch Cryptocurrency Data Feed for Institutional Clients appeared first on CCN

The owner of the New York Stock Exchange (NYSE) has announced that it will launch a Cryptocurrency Data Feed to provide institutional clients with real-time market information from cryptocurrency exchanges located throughout the world. NYSE Owner to Launch Cryptocurrency Data Feed for Institutional Clients Intercontinental Exchange (ICE) — best known as the operator of the … Continued

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Psst! Morgan Stanley is Helping Clients With Bitcoin Futures Contracts

The post Psst! Morgan Stanley is Helping Clients With Bitcoin Futures Contracts appeared first on CCN

Morgan Stanley, the world’s fourth-largest investment bank, has been quietly clearing bitcoin futures contracts for clients amid a wider remit to engage cryptocurrencies even further. Morgan Stanley has become the second major Wall Street mainstay to offer bitcoin futures contracts for clients, after Goldman Sachs began offering the service last month. Speaking to Bloomberg, Morgan … Continued

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Cryptocurrency Market Recovers as Bitcoin, Ethereum, et al. Spike 20%

The post Cryptocurrency Market Recovers as Bitcoin, Ethereum, et al. Spike 20% appeared first on CCN

After experiencing a 2-day slump during which the price of most cryptocurrencies including bitcoin, Ethereum, Ripple, and Bitcoin Cash declined significantly, the cryptocurrency market has started to recover. Major Cryptocurrencies Surge in Value Cryptocurrencies in the top 20 rankings of the global cryptocurrency market have recorded large gains over the past few hours. Ripple in … Continued

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Ripple Price Surges 49% as Market Shakes Off Wednesday Woes

The post Ripple Price Surges 49% as Market Shakes Off Wednesday Woes appeared first on CCN

The ripple price surged by 49 percent on Thursday as the cryptocurrency markets made a $177 billion recovery from Wednesday’s low-point. Ripple Price Makes 49 Percent Recovery Like all cryptocurrencies, this week’s market movements have dealt ripple a losing hand. After peaking near $4 earlier this month, the ripple price plunged as low as $0.88 … Continued

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‘Impossible’ to Shut Down Cryptocurrency Exchanges, Govt. Lacks Authority: Korea’s Fair Trade Chief

The post ‘Impossible’ to Shut Down Cryptocurrency Exchanges, Govt. Lacks Authority: Korea’s Fair Trade Chief appeared first on CCN

The chairman of Korea’s Fair Trade Commission – the economic competition regulator – has blasted efforts to shutter cryptocurrency exchanges before calling on the government to regulate the industry instead. In a radio interview yesterday, FTC chairman Kim Sang-Joo plainly opined it is “not realistically possible” to shut down cryptocurrency exchanges, adding that the law … Continued

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Bitcoin Wallet Ledger Raises Mammoth $75 Million in Series B Funding

The post Bitcoin Wallet Ledger Raises Mammoth $75 Million in Series B Funding appeared first on CCN

French cryptocurrency hardware startup Ledger has announced a new $75 million Series B round of funding to ramp up operations and keep up with demand for products like its hardware bitcoin wallet. Paris-based cryptocurrency and blockchain security firm Ledger has raised €61 million ($75 million) from investors in a Series B round led by UK-based

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South Korea ‘Considering’ Shutting Cryptocurrency Exchanges [Rinse, Repeat]

The post South Korea ‘Considering’ Shutting Cryptocurrency Exchanges [Rinse, Repeat] appeared first on CCN

The head of Korea’s primary financial regulator has said the government is considering shuttering all domestic cryptocurrency exchanges. Alternatively, the ban could only loom over exchanges breaking the law. The ongoing debacle of South Korean policymakers and officials delivering contrasting statements about the legality of domestic cryptocurrency trading just took another turn. Quoting the chief … Continued

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