China Plans to Block Domestic Access to Chinese and Offshore Cryptocurrency Platforms
Bitcoin, the dominant digital currency, extended a slump today following a recent surge to trade below Dollars 10,000 for the first time since the start of December.
The numbers support this assertion: bitcoin prices surged by 2,000% over 12 months, peaking at nearly $20,000 per coin in December 2017.
Some of the largest cryptocurrency exchanges are based in South Korea, with the country representing the world's third-biggest market for bitcoin trades, however it is unclear what exactly a government crackdown would involve.
The sell-off appeared to be sparked by worries over tighter regulation in the key markets of South Korea and China.
The authors said: "Most people are buying bitcoin, not because of a belief in its future as a global currency, but because they expect it to rise in value".
(MRK) Stock Ownership And Insider News
Finally, Pillar Pacific Capital Management LLC grew its position in shares of Merck & Co., Inc.by 4.9% during the first quarter. The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets.
Islamic State declares war on Hamas with an execution video
The Israeli naval soldiers then forced them to take off their clothes, jumped into the water and swim towards the Israeli gunboat. The decision, backed by Israel and USA lawmakers, flew in the face of worldwide diplomacy and threatened to stall peace talks.
Bitcoin, the original and still the world's leading cryptocurrency in terms of market cap, has plunged by 14 percent that day, as Coindesk points out. The total market capitalization of all cryptocurrencies is hovering around $450 billion, down ~30 percent from $650 billion just 48 hours ago.
Among Bitcoin-related stocks on the stock market today, Marathon Patent Group (MARA) was up 0.3%, Bitcoin Investment Trust (GBTC) was flat, Riot Blockchain (RIOT) fell 2% and Overstock.com (OSTK) lost 2%. Other digital currencies bounced around as well. South Korea banned opening anonymous virtual currency accounts and put in place new laws giving authorities power to shut down digital currency exchanges. Reports quoting the survey said a 25-year-old, who had invested Rs 25 lakh in bitcoins, has seen the valuations of the currency he held multiplying to Rs 760 crore.
Bitcoin was fluctuating at around $10,200 on Bitstamp at time of publication on Wednesday.
Just last week, billionaire investor Warren Buffett warned with "almost certainty" that cryptocurrencies "will come to a bad ending".
Apparently, many investors didn't want to leave the fate of their crypto holdings to chances after South Korea's Finance Minister Kim Dong-Yeon reiterated that a ban on virtual currencies was still a "live option".
Dramatic Video Captures Firefighter as She Catches Child
Almost 8o people were displaced by the fire in the end, and were transported to safety by a MARTA bus, reported WXIA . An estimated 50 people were left without a place to live after the massive fire at the Decatur apartment complex.
Kurdish militia: USA "playing with fire", says Turkey
There is no doubt that in the first threat they will target their weapons against the USA military, "the Turkish leader warned". The Russian foreign minister, Sergey Lavrov, said that U.S. appears to be pursuing territorial disintegration of Arab country.
Man Dies Five Days After Contracting Flu
Sanjay Gupta previously told CNN that most people who die from the flu have an "underlying illnesses or a weakened immune system". The number of flu deaths in Australia over their winter has not yet been released, but it's thought to be the worst in years.
E Coli Outbreak Spreads to 15 States; Leafy Greens Suspected
Center for Disease Control investigates an outbreak of E. coli infections that might be linked to eating romaine lettuce. You can also wash counters, cutting boards, and utensils after they touch raw meat to avoid contaminating other foods.
Nintendo Direct Mini: Dark Souls remaster and so much more
They give a brief overview of what the combat is like and the general gist of the story in the mini-Nintendo Direct below. Celeste comes from the developer of Towerfall, and is an indie action platformer coming to Switch on January 25.