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Bitcoin price drops below $18,300 as sell-off accelerates – World news

Bitcoin price drops below ,300 as sell-off accelerates – World news

Bitcoin plunged to $18,248, and ether fell to $944 as of mid-afternoon on Saturday, as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers. Carnage in the crypto market is partly to do with pressure from …

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Bitcoin Drops Below $20,000 as Crypto Selloff Quickens

Bitcoin Drops Below ,000 as Crypto Selloff Quickens

The price of Bitcoin fell below $20,000 (roughly Rs. 15 lakh) for the first time since late 2020 on Saturday, in a fresh sign that the selloff in cryptocurrencies is deepening. Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping as much as 9 percent to less than $19,000 (roughly Rs. 14 …

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Crypto selloff: Bitcoin drops below US$20,000 – World news

Crypto selloff: Bitcoin drops below US,000 – World news

LONDON – The price of bitcoin fell below US$20,000 for the first time since late 2020 on Saturday, in a fresh sign that the selloff in cryptocurrencies is deepening. Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping as much as 9% to less than $19,000, according to CoinDesk. …

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Bitcoin sinks below $20,000 as crypto meltdown intensifies – World news

Bitcoin sinks below ,000 as crypto meltdown intensifies – World news

Crypto investors are grappling with aggressive interest rate hikes from the U.S. Federal Reserve and a worsening liquidity crunch. Bloomberg | Bloomberg | Getty Images Bitcoin dropped below the $20,000 mark on Saturday, extending a brutal slide in cryptocurrencies. The price of bitcoin fell 9% in 24 hours to $19,217.81, according to Coin Metrics data. …

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Bitcoin, Ether Fail to See Gains, Crypto Market Hovers Lowly on Prices

Bitcoin Drops Below ,000 as Crypto Selloff Quickens

Majority cryptocurrencies, at this point, are riddled with losses, causing several investors to rethink their ventures into the crypto sector. On Friday, June 17, Bitcoin opened trading at $21,791 (roughly Rs. 17 lakh) after incurring losses of over seven percent as per Indian exchange CoinSwitch Kuber. Maintaining its streak of lowest values in the least …

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Binance resumes bitcoin withdrawals after ‘stuck transaction’ issue – World news

Binance resumes bitcoin withdrawals after ‘stuck transaction’ issue – World news

The logo of cryptocurrency exchange Binance displayed on a smartphone with the word “cancelled” on a computer screen in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Binance on Monday morning temporarily paused bitcoin withdrawals “due to a stuck transaction causing a backlog.” A tweet from Binance founder and CEO Changpeng …

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Coinbase plunges more than 14% as bitcoin dives – World news

Coinbase plunges more than 14% as bitcoin dives – World news

The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Coinbase shares are down more than 14% on Monday morning. Shares were down more than 21% before markets opened. Coinbase makes …

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Crypto lender Celsius pauses withdrawals; bitcoin slides – World news

Crypto lender Celsius pauses withdrawals; bitcoin slides – World news

Celsius CEO Alex Mashinsky. Piaras Ó Mídheach | Sportsfile for Web Summit | Getty Images Celsius, a controversial cryptocurrency lending platform, said Monday it was pausing all withdrawals, causing more pain in the fragile crypto market. Celsius is one of the largest players in the nascent crypto lending space, with more than $8 billion lent …

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Edward Snowden Believes Bitcoin, Crypto Is Better Suited to Payments Than Investment

Edward Snowden Believes Bitcoin, Crypto Is Better Suited to Payments Than Investment

Edward Snowden, president of the Freedom of the Press Foundation and a renowned whistleblower, deems there is more value in cryptocurrencies in their use as a means of digital payment than as an investment. Snowden believes that crypto is better as an expendable asset than a form of investment. The former computer intelligence consultant made …

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Bitcoin (BTC) falls as market focuses on Celsius issue, Fed rate hike – World news

Bitcoin (BTC) falls as market focuses on Celsius issue, Fed rate hike – World news

Bitcoin and other cryptocurrencies fell sharply as investors dump risk assets. A crypto lending company called Celsius pausing withdrawals for its customers, sparking fears of contagion into the broader market. Nurphoto | Nurphoto | Getty Images Bitcoin tumbled below $25,000 late on Sunday, hitting its lowest level since December 2020, as investors dump crypto amid …

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