|Day's Range||8,695.652 - 8,849.558|
|52 Week Range||1,343.6899 - 18,750.9258|
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The new owner of Japan's Coincheck exchange, Monex Group, says creating its own blockchain with an ICO to follow is on its radar.
Investing.com - Cryptocurrency prices were down on Thursday. Reports that Nasdaq’s CEO voiced support for the digital coins gathered some attention. Meanwhile, U.S. state Wisconsin is considering accepting Bitcoin for donation.
Investing.com – Bitcoin fell on Wednesday as it met stern resistance after coming close to an important $10,000 psychological level.
Digital currencies were under pressure Wednesday, led by the so-called altcoins which were showing double-digit losses. The price of the No. 1 digital currency, bitcoin(BTCUSD)(COINDESK:BTC-USD) had made a seven-week high late Thursday, trading to $9,746.82 before following the altcoins lower this morning. Despite the retreat, bitcoin has notched gains in six of the last seven days, a streak not matched since mid-February, which should keep the cheer intact for now.
Bitcoin and other virtual coins were lower on Wednesday, as hackers target Ukraine for digital coins. Bitcoin was trading at of $9,168.60, falling 1.44% as of 8:44 AM ET (12:44 GMT) on the Bitfinex exchange. Other virtual currencies were lower, with rival Ethereum, the world’s second largest cryptocurrency by market cap, falling 9.14% to $630.59 on the Bitfinex exchange.
A public ledger derives its name from the age-old record-keeping system that was used to record information like agriculture commodity prices, news and analysis. As cryptocurrency-based blockchain systems emerged, which also relied on a similar record keeping and public verification mechanism, the use of public ledger term gained popularity in the world of cryptocurrency. A cryptocurrency is an encrypted, decentralized digital currency that facilitates the exchange of value by transfer of cryptotokens between network participants.
Goldman Sachs has hired former cryptocurrency trader Justin Schmidt, in what might be a statement of its intentions in the cryptocurrency space.
Investing.com – Cryptocurrency prices were mixed on Wednesday. Reports that Chinese polices confiscated computers used to mine Bitcoin gathered some focus. Meanwhile, PayPal’s former CEO Bill Harries called Bitcoin a scam.
Digital currencies extended a stellar run Tuesday, with all major coins in the green and extending their winning start to the week. Bitcoin, the No. 1 digital currency, added 5.6% Tuesday, breaking through $9,000 to an intraday high of $9,458.87 A single bitcoin(BTCUSD)(COINDESK:BTC-USD) was last worth $9,441.58. The surge past $9,000 took bitcoin above its mid-March highs — a critical resistance level for technical onlookers.
The cryptocurrency market continued its hot streak on Tuesday, with most major currencies up more than 5 percent. Here’s a look at some of the headlines that were moving the cryptocurrency market today ...
Interest in cryptocurrencies has increased after the price skyrocketed to $20,000 in December. Some banks are exploring client interest in the virtual coins and a few hedge funds have already started trading the digital currencies.
Investing.com – Cryptocurrency prices gained on Thursday. Reports that Malta was supportive of the digital coins gained attention. Meanwhile, India is uncertain whether the country will ban cryptocurrencies.
The recent outperformance of smaller digital currencies, or altcoins, is setting the tone for what could be a sustained rally in the overall cryptocurrency market, industry experts believe.