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Friday, May 26, 2017

The Happy Pope


Bitcoin Price Rebounds to Near $2,640 Following Yesterday's Losses

Bitcoin Price Rebounds to Near $2,640 Following Yesterday

The price of bitcoin has rebounded after a notable fall yesterday that saw the digital currency lose over $400 to a low of around $2,352.

Today's resurgence sees the price back up at £2,626 at the time of reporting, having hit a high of almost $2640 at 8:57 UTC, CoinDesk Bitcoin Price Index data shows.

Most major cryptocurrencies have been on an upwards trajectory in recent months, with bitcoin hitting new all-time highs in quick succession. On 25th May, bitcoin reached a record value of almost $2,790 prior to the drop yesterday, when some other cryptocurrencies also saw notable losses.

Full story at http://bit.ly/2s2uh3R

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Bitcoin's Price Tumbles More Than $400 From New High

Bitcoin

Bitcoin prices fell sharply today after setting a new all-time high above $2,700 on the CoinDesk Bitcoin Price Index (BPI).

The BPI hit a high of $2,791.70 today, data shows. Yet after beginning to dip around 15:00 UTC, that move became more pronounced after 16:00 UTC, including a more than $100 drop between 16:36 UTC and 16:54 UTC, BPI data shows, sliding from roughly $2,630 to $2,515, with a further drop below $2,400 over the next hour.

Full story at http://bit.ly/2s2AOev

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Wednesday, May 24, 2017

Ban or Else: Indian Government Asks Citizens What to Do With Bitcoin

Ban or Else: Indian Government Asks Citizens What to Do With Bitcoin

The government of India has fixed May 31, 2017, as the last day by which citizens can express their views of digital currencies on the government portal mygov.in.

This consultative process seems to be a step in the direction of taking some sort of stand on virtual currencies or digital currencies in India.

At the moment digital currencies like Bitcoin operate in a gray space in the country and there have been some controversies lately on the legality of Bitcoin in the second most populous country in the world. If the government is now taking on board public opinion it would appear that they are about to take a stand on the matter.

Full story at http://bit.ly/2qPJwiC

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If you appreciate the things I share,
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