Bitcoin tumbles 12%, erases gains for June

#bitcoin tumbles 12%, erases gains for June #Technology #Finance #Stocks #U.S.Markets

  • Philippe Lopez | AFP | Getty Images
    A man walks out of a shop displaying a bitcoin sign during the opening ceremony of the first bitcoin retail shop in Hong Kong on February 28, slid to its lowest for the month on Thursday amid a broader sell-off in digital currencies.
  • Bitcoin briefly dropped more than 12 percent to $2,185.96 Thursday, its lowest since May 31 when it hit a low of $2,162.23, according to CoinDesk.
  • The digital currency recovered to near $2,279 late Thursday morning.
  • The move highlights the volatile swings by digital currencies — bitcoin remains more than 100 percent higher year to Meanwhile, the global market value of digital currencies fell from a record of $117.21 billion on Monday to below $100 billion Thursday, according to Bitcoin 30-day Source: The cryptocurrency world started the week strong with bitcoin topping $3,000 for the first time Sunday, more than tripling for the year, and a record-breaking fund raise Monday of about $153 million for a new digital currency called Bancor.
  • Another digital currency called IOTA launched on the Bitfinex exchange Tuesday with a record market capitalization of more than $1.5 However, the enthusiasm for the often volatile cryptocurrencies also attracted cyberattacks on at least two major exchanges and temporarily overwhelmed another exchange’s website with high customer Bitcoin’s rise over the weekend was also helped by demand from major Chinese exchanges.

Bitcoin slid to its lowest for the month on Thursday amid a broader sell-off in digital currencies.
Continue reading “Bitcoin tumbles 12%, erases gains for June”

Bitcoin tumbles 12%, erases gains for June

  • Philippe Lopez | AFP | Getty Images
    A man walks out of a shop displaying a bitcoin sign during the opening ceremony of the first bitcoin retail shop in Hong Kong on February 28, slid to its lowest for the month on Thursday amid a broader sell-off in digital currencies.
  • Bitcoin briefly dropped more than 12 percent to $2,185.96 Thursday, its lowest since May 31 when it hit a low of $2,162.23, according to CoinDesk.
  • The digital currency recovered to near $2,279 late Thursday morning.
  • The move highlights the volatile swings by digital currencies — bitcoin remains more than 100 percent higher year to Meanwhile, the global market value of digital currencies fell from a record of $117.21 billion on Monday to below $100 billion Thursday, according to Bitcoin 30-day Source: The cryptocurrency world started the week strong with bitcoin topping $3,000 for the first time Sunday, more than tripling for the year, and a record-breaking fund raise Monday of about $153 million for a new digital currency called Bancor.
  • Another digital currency called IOTA launched on the Bitfinex exchange Tuesday with a record market capitalization of more than $1.5 However, the enthusiasm for the often volatile cryptocurrencies also attracted cyberattacks on at least two major exchanges and temporarily overwhelmed another exchange’s website with high customer Bitcoin’s rise over the weekend was also helped by demand from major Chinese exchanges.

Bitcoin slid to its lowest for the month on Thursday amid a broader sell-off in digital currencies.
Continue reading “Bitcoin tumbles 12%, erases gains for June”

Decentralized Music Platform VOISE Focuses On Maximizing Revenue For Independent Artists

  • VOISE, a new Ethereum-based project aiming to help indie artists earn revenue from their work, is generating quite some buzz in the cryptocurrency world.
  • VOISE will serve as a decentralized music streaming and downloading platform that passes on 100% of the revenue to the artists.
  • Under the current music industry guidelines, it has become increasingly difficult for indie artists to get noticed and make money from their creations.
  • One challenge the VOISE team will need to overcome is how they raise awareness for this new platform.
  • From that moment onward, the indie music industry will never be the same again, as artists will finally be able to receive 100% of the revenue generated by their creations in a fair and transparent manner.

An alpha release of the VOISE platform is scheduled to be released later in 2017, with the project entering the beta stage in the first half of 2018.
Continue reading “Decentralized Music Platform VOISE Focuses On Maximizing Revenue For Independent Artists”

Record Daily Bitcoin Auction USD Value For Gemini Exchange ⋆ Epeak . Independent news and blogs

  • The Gemini exchange has been working on making bitcoin more appealing to the mainstream.
  • With their daily Bitcoin auction, the company has made cryptocurrency investing appealing to mainstream traders.
  • A record Bitcoin volume was set on October 24, 2016, as 2,308 BTC was bought during that day’s auction.
  • Earlier this month, Gemini had set a USD volume with their bitcoin auctions as well.
  • Daily bitcoin auctions make this ecosystem more appealing to mainstream traders.

The Gemini exchange has been working on making bitcoin more appealing to the mainstream. Their daily auctions attract a lot of attention, which is a positi
Continue reading “Record Daily Bitcoin Auction USD Value For Gemini Exchange ⋆ Epeak . Independent news and blogs”

WeUseCoins Releases a Comprehensive Worldwide Guide on How to Buy Bitcoin

  • The cryptocurrency information platform, WeUseCoins has released a comprehensive guide to buying and using Bitcoin for global netizens.
  • The comprehensive list of over 20 altcoins on WeUseCoins broadens the horizon for those who are new to cryptocurrencies.
  • WeUseCoins is the premier source for Bitcoin, cryptocurrency and blockchain information containing a comprehensive worldwide buy Bitcoin guide, a Bitcoin wallet guide, the latest Bitcoin news, altcoin guide and more.
  • WeUseCoins also lists and compares some of the reputed brands and platforms in the Bitcoin industry, enabling its users to avail the best services available out there in the market.
  • The worldwide guide on how to buy Bitcoin leads the users through each step, starting from setting up a Bitcoin wallet to creating an account on exchange platforms, making payments and executing Bitcoin transactions.

BASSETERRE, Saint Kitts and Nevis, Feb. 9, 2017 /PRNewswire/ — WeUseCoins, the popular online information portal offering information on Bitcoin, Altcoins and blockchain technology is now providing a valuable guide with detailed instructions about Bitcoin and ways to buy the cryptocurrency across the
Continue reading “WeUseCoins Releases a Comprehensive Worldwide Guide on How to Buy Bitcoin”