Bitcoin Price Rises Despite Continuing Rumors About Shut Down of China’s Bitcoin Exchanges
Rumors about Chinese government’s plans to ban trading of bitcoin and other virtual currencies on domestic exchanges no longer affect Bitcoin price.
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Rumors about Chinese government’s plans to ban trading of bitcoin and other virtual currencies on domestic exchanges no longer affect Bitcoin price.
Rumors about Chinese government’s plans to ban trading of bitcoin and other virtual currencies on domestic exchanges decrease Bitcoin price to under $4150 level.
GMO Internet Group indicated its plans to enter mining business utilizing next-generation 7-nanometer technology semiconductor chips.
Following the trend of ICOs’ rapid and continuous growth, Filecoin, a decentralized blockchain-based storage network, sets the all-time record raising $257M.
Findings of analysis of distributed ledger technology conducted by the Bank of Japan (BOJ) and the European Central Bank (ECB) state, that DLT is “immature” to power the world’s biggest payment systems.
The new solution is expected to significantly boost the speed of the ethereum network, raising its capacity to more than a million of transfers a second.
The rough decline cryptocurrencies’ prices accompanied by total market capitalization drop now seems to be over as the situation improves quickly.
Chinese authorities are reportedly going to impose further restrictions on bitcoin and other digital currencies, following a recent ban on initial coin offerings.
Bitcoin drops under $4000 after its historical maximum of $5000 reached few days ago, following the decision of The People’s Bank of China to ban ICOs.
A significant Bitcoin drop by 13.6% has occured today after its historical maximum $4975 on September 2.
The People’s Bank of China (PBoC) banned initial coin offerings (ICOs) declaring them illegal, and asked all related fundraising activity to be halted immediately.
The price of the digital currency continues to show strong growth and has achieved another historic record, due to the ongoing rise in trading volume.
Previously indicted Russian-based cryptocurrency exchange BTC-e is back online keeping its promise to relaunch the web-site before September 2, 2017.
Bitcoin price has topped $4,700 stating a new record and forcing total cryptocurrency market capitalization to exceed $170 billion for the first time ever.
Six of the world’s biggest banks teamed up to create a new digital currency ‘utility settlement coin’ for clearing and settling financial transactions.