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Cryptocurrency Market Tumbles; Bitcoin Falls 12 Percent

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The price of bitcoin kept going up and up and up for months — to a high of more than $40,000. CNBC reported that bitcoin (BTC), the largest cryptocurrency by market capitalization, fell over 12 percent from a day earlier, to as low as $30,863. Bitcoin has still gone up in price by 300 percent in the last 12 months.

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Bitcoin Tracker: Coinsource

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The price of bitcoin has continued its December climb this week. Bitcoin is at its highest value since early Feb. 11), bitcoin rose to a weekly peak of $788.49 The current value of bitcoin at the time of writing was $777.14. —. The current value of bitcoin at the time of writing was $777.14. —. Founded in Feb.

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Bitcoin Daily: CoinDesk Acquires Crypto Index TradeBlock; Bitcoin.com Co-Founder Sues Bridge.link For Misleading Investors

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Mainstream acceptance of bitcoin is accelerating right now as Wall Street wakes up to its potential,” said Kevin Worth, CEO of CoinDesk, in the release. Coin market cap aggregators show a much larger BRG supply than there actually is. In other news, in the wake of bitcoin’s recent record high price of over $34,000, J.P.

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Bitcoin Daily: Bitcoin Sheds $20 Billion Off Market Cap; Gibralter-Based FinTech Launches Tokenized Securities Platform

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Bitcoin saw a drop-off in value on Saturday (May 9) as it tried and failed numerous times to break past the $10,000 range. As a result, the cryptocurrency saw a drop of over $20 billion to its market cap, with traders on BitMEX seeing $275 million in positions liquidated, according to data from Skew, a blockchain analytics firm.

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Bitcoin Daily: Hublot Unveils Bitcoin Watches; Swiss Regulator Throttles Bank Crypto Trading

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Stellar has an approximate $5 billion market cap and No. On another note, Hublot has unveiled a watch that has a bitcoin theme amid the cryptocurrency’s 10th birthday, The Next Web reported. In addition, only 210 of the watches will be made, as only 21 million bitcoins will come to fruition. 6 biggest digital currency.

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Bitcoin Daily: Russia Wants Cap On Retail Crypto Investments; Public Company Crypto Holdings Top $6.8B

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The central bank of Russia is seeking to place a yearly cap on the amount of cryptocurrency that retail investors can purchase, CoinDesk reported. However, investors who are considered to be qualified would not have to adhere to the cap. In separate news, public firms have nearly $7 billion in bitcoin holdings, Cointelegraph reported.

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New Cash App Feature Allows Automatic Bitcoin Purchases

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Consumers will now be able to make automatic purchases of bitcoin via Cash App, and in smaller satoshi denominations that could lead to more accessibility, CoinDesk reports. Because bitcoin is valued at around $10,000, even just one is too expensive for many retail investors. But with satoshis, there are 2.1 crypto exchange.

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