Bitcoin slides below $6000; half its value lost in 2018
Bitcoin slides below $6000; half its value lost in 2018
Crypto-crash: Bitcoin and other cryptocurrencies tumble
06 February, 2018, 15:35
Although other cryptocurrencies have come before, Bitcoin is the first decentralized cryptocurrency - Its reputation has spawned copies and evolution in the space.With the largest variety of markets and the biggest value - having reached a peak of 18 billion USD - Bitcoin is here to stay. At the very same time, it was reported that the United States regulators had subpoenaed to - a company that issues the coin and claims it's pegged to the dollar - virtual-currency venue Bitfinex and Tether, that also helped to further the selloff and driving down prices.
Despite the regulation attempts, bitcoin is still several hundred percent higher since January past year with rivals ethereum and ripple up several thousand percent.
Ripple's XRP crypto token is hovering around the $0.63 price tag on Tuesday after falling from $0.83 (£0.59) on Sunday.
The virtual currency hit a peak of nearly $20,000 in December. Both ethereum and ripple are also significantly off of their record highs. CoinDesk'sbitcoin price index tracks prices from digital currency exchanges Bitstamp, Coinbase, itBit and Bitfinex.
"To prevent financial risks, China will step up measures to remove any onshore or offshore platforms related to virtual currency trading or ICOs", an article in Financial News, a publication affiliated to the People's Bank of China (PBOC) said, according to a report in the South China Morning Post.
Other worries are plaguing the digital currency market, particularly around a cryptocurrency called tether.
And India's Finance Minister Arun Jaitley said last week that the country wants to "eliminate" the use of digital currencies , though India is a minor player in cryptocurrencies and the government apparently has yet to act.
The onus was on Quinton de Kock and Hashim Amla to bat for a long period especially with an inexperienced middle order to follow. So did the calm and composed Rahane who scored his fifth consecutive half-century in ODIs.
The summit is likely to see the participation of over 5,000 delegates from across the world, including Asean countries. He said the Government of Assam is fully geared up for its first maiden Global Investors' Summit.
The Nigerian suspect, who was denied asylum previous year but has remained in Italy, has refused to talk to police. Italian news reports said the man did a fascist salute as he was arrested, but no salute was visible in the video.
The authors note that there are several overlapping risk factors for CVD and breast cancer, including obesity and smoking. Tamoxifen adversely affects clotting parameters and increases the risk of venous thrombosis and thromboembolism.
The IOC has since granted 169 Russians entry to compete as individuals under the neutral label "Olympic athlete from Russia". The International Olympic Committee (IOC) had previous year banned 43 Russians over doping offenses at the Sochi Olympics.
The threat that radiation from wireless devices could be a public health risk only mounts with today's report from the NTP. Years of research have still not reached a conclusion on whether or not cellphones cause cancer.
China will resolutely stick to peaceful development and pursue a national defence policy that is defencive in nature, Ren said. Trump ordered a year ago, the revision, led by the Pentagon of the USA nuclear arsenal and the policies that govern it.
Rouhani is a key figure who helped pave the way for the talks that led to the 2015 nuclear deal with several other global powers. The U.S. government says it has been in compliance since August and expects Moscow to comply by the deadline, which is Monday.
Trump has imposed individual and economic sanctions on Venezuela's government, accusing it of rights abuses and corruption. China "is using economic statecraft to pull the region into its orbit", an American official was reported stating.
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Turkish army destroys terrorist shelters in Afrin op
Seven Turkish soldiers were martyred on Saturday during Operation Olive Branch, according to a Turkish General Staff statement. Meanwhile, one Turkish tank was targeted by YPG militants as one Turkish soldier was killed in the attack.