Archive for  December 2017

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Following a record fall in price, Bitcoin has recovered to $14,000 mark on 25th of December, as well as all other cryptocurrencies have improved from almost 50% decline on December 23rd.

A universal financial blockchain corporation project, ZODIAQ, can now practice any types of banking operations with cryptocurrency, as it has received category B license from the Comoros Offshore Finance Authority.

Charlie Lee revealed yesterday that he has sold his full LiteCoin balance and donated the funds to the LiteCoin Foundation, claiming that this does not mean that he is abandoning the development of LiteCoin.

Anonymous group of traders offered a $1,000,000 bet saying that the leading digital currency will reach $50,000-mark next year, having already paid $990,000 for the right to buy 275 bitcoins.

The price of Bitcoin has fallen from $20,000 to $12,000 in just few days. Such an aggressive recent gain has triggered a number of analytics to call for a market correction, in lights of new investors swapping their crypto into fiat.

The price of leading cryptocurrency has recovered to pass the $17,000 mark following its rapid fall, even though Bitcoin Cash continued to rise, triggering instability within the market.

The total market capitalization of Dash has jumped to $1,557.97m, as the price has increased from $1,126.85 to $1,576.93 today which is a two fold increase within the last month.

The surge of Ethereum price is growing continuously and today the price tag for this digital currency hit a $750 mark, as forecasted by the coinmarketcap.com. This makes its market capitalization a total of $72.5 bln.

 A study carried out by The London Block Exchange shows that 5% of people under 45 have already invested in digital currency, 11% are planning to do so and 17% of 2,000 respondents claimed that they are seriously considering to invest.

The Monetary Authority of Singapore has issued a public caution against any cryptocurrency investments urging people to take extra caution when dealing with digital currency market, as these are still not recognized as legal tender.