Category

cryptocurrency

Currencies

Bitcoin Prices Today Plunge 8% on Fears of Increased Cryptocurrency Regulation

Bitcoin prices today plunged to $7,500 per coin on Wednesday afternoon. The world's largest cryptocurrency fell to its lowest levels in five weeks as fear of increased regulation ticked into trader sentiment.

Bitcoin prices have declined by more than 20% since hitting a near-term high on May 6. Nearly every single cryptocurrency in the top 100 by market capitalization was in the red Wednesday.

Of course, the recent downturn hasn’t stopped Bitcoin’s most vocal bulls from setting lofty targets for the year ahead...

Currencies

Bitcoin Prices Could Rally as South Korean Exchange Is Cleared

Bitcoin prices fell nearly 2% down, to $8,232, as the broader cryptocurrency market continues its correction, but recent scandals plaguing the currency are finally in the past.

The Mt. Gox trustees are selling their Bitcoin funds, and an ongoing scandal at South Korea’s largest cryptocurrency exchanges, UPbit and Bithumb, put downward pressure on crypto prices.

But some good news is in sight...

Bitcoin

BTC Prices Fall Under $8,000 as Consensus 2018 Conference Ends

The price of Bitcoin fell to its lowest level in one month after a brutal sell-off rattled cryptocurrency investors across the entire market.

The price of Bitcoin continued to slump after the conclusion of the Consensus 2018 conference – the fourth annual blockchain technology summit. Over the last week, the broader cryptocurrency index has shed $45 billion.

Here is a recap of the top five cryptocurrencies by market cap as of 9:00 a.m. EDT...