Bitcoin’s January Loss Biggest in Crypto History
Reports show that the Bitcoin January drop has erased $44.2 billion from the currency’s total value that is approximated at $200 billion.
- Akhil Pulotil
- Feb 01, 2018
- Nov 26, 2024
Reports show that the Bitcoin January drop has erased $44.2 billion from the currency’s total value that is approximated at $200 billion.
How the rise of Bitcoins has not gone friendly with the Indian Currency Regulator Reserve bank of India.
Bitcoin price tumbled down to $4000 in an Indian cryptocurrency exchange, Zebpay following the announcements of the union budget of India. Panic and FUD in the Indian markets resulted in this price drop.
Bittrex CEO Bill Shihara just announced that the exchange will soon be introducing USD Pairings. With Bittrex on its way to becoming a fiat to crypto exchange, it is likely to impact altcoins dependence on Bitcoins!
The mysterious Bitcoin Charity foundation, the Pineapple Fund has donated 91 Bitcoins worth a total of $1 Million to the Free Software Foundation - a non-profit which empowers software users and promotes free software.
US regulators are reportedly conducting investigations into Bitfinex and Tether with regards to mounting suspicion over a digital currency linked to the latter.
Bitcoin has in the course of the past year emerged as a major financial phenomenon with its trademark rollercoaster moves.
In a recent cryptocurrency ranking report by Weiss Ratings, Ethereum ranked higher than Bitcoin which elicited mixed reactions from the crypto community.
Howard Schultz, Starbucks founder and former CEO, announced that its company is planning to embrace blockchain technology soon. However, he made it clear that he is not interested in bitcoin.
The world has seen how tough the Chinese government has been on bitcoin. In September 2017, it banned all initial coin offerings (ICOs) and shut down all local bitcoin exchanges. Last week, reports say that it is looking into crac...
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