Archive for November, 2017

Litecoin prices fell 20% after a wave of new investors helped push the price above $100 yesterday (Nov. 29, 2017). The price of Bitcoin also fell below $9,500 just a day after hitting an all-time high of $11,395. A dramatic sell-off across the entire cryptocurrency market shed more than $50 billion in total market capitalization. […]

It’s a bloodbath in cryptocurrency markets this morning… *** Having bounced overnight to over $10,600, Bitcoin prices are tumbling once again as we approach the US equity market open.. *** While there is no immediate catalyst, CoinDesk notes that ECB Vice President Vitor Constancio – ever eager to talk citizens away from decentralized ‘anything’ – […]

Update: Bitcoin and Ethereum are holding at the lows of the day, but following ECB comments earlier (see below), The Fed’s vice chariman of supervision, Randy Quarles, warns that digital currencies like bitcoin pose “serious financial stability issues” as they grow… Today, the vast majority of our payments by volume and value are processed by […]

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