$14 Billion Wiped Out of Crypto Market as All Major Assets Plunge in Value

Over the past 24 hours, more than $14 billion has been wiped out of the crypto market as Bitcoin (BTC) dropped by five percent. Bitcoin, the most dominant cryptocurrency in the market in terms of price, market cap, and volume, demonstrated the smallest loss out of all major cryptocurrencies. Bitcoin Cash (BCH), Ethereum (ETH), Ripple The post $14 Billion Wiped Out of Crypto Market as All Major Assets Plunge in Value appeared first on CCN

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Bitcoin ETF Could Attract Billions in New Investment: VanEck

A bitcoin ETF could attract billions of dollars in new investments, so the Securities and Exchange Commission (SEC) should treat pending proposals as an opportunity to regulate the crypto market, said crypto exchange-traded fund advocate Gabor Gurbacs. Gurbacs, the director of Digital Assets Strategy at VanEck, made this claim during an interview with CNBC Africa’s The post Bitcoin ETF Could Attract Billions in New Investment: VanEck appeared first on CCN

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Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally

Bitcoin market dominance has fallen to a monthly low of just over 51% of the overall market capitalization while Ripple and Bitcoin Cash have both rallied multiple percentage points over the past week. Bitcoin’s overall value in the cryptocurrency market is an important barometer in the progress of the space as a whole. If Bitcoin The post Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally appeared first on CCN

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Bitcoin Futures Volatility Hit Record Low in October: CBOE

Bitcoin has been unusually stable in recent weeks, and the decrease in volatility has now reached historic levels in the futures markets. Bitcoin Volatility Hits Record Level in Futures Markets That’s according to Kevin Davitt, senior instructor for The Options Institute at CBOE Global Markets, who said that Chicago-based derivatives exchange saws record low volatility The post Bitcoin Futures Volatility Hit Record Low in October: CBOE appeared first on CCN

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Bitcoin Cash Continues to Skyrocket 15% to $535, Volume Quintuples

Ahead of its scheduled fork on November 15, the price of Bitcoin Cash (BCH) has increased by yet another 15 percent to $535. Yesterday, on November 3, CCN reported that the price of BCH surged by 12 percent from $425 to $477 ahead of its hard fork. The support of the original Bitcoin Cash roadmap The post Bitcoin Cash Continues to Skyrocket 15% to $535, Volume Quintuples appeared first on CCN

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Bitcoin Cash Surges 12% Prior to Hard Fork as Coinbase Announces Support

Over the last 24 hours, Bitcoin Cash (BCH) has increased by around 12 percent from $425 to $477 prior to its hard fork. On November 2, CCN reported that Bitcoin.com and Binance decided to support the version of Bitcoin Cash set forth by ABC, the original developers of the BCH software that forked the Bitcoin The post Bitcoin Cash Surges 12% Prior to Hard Fork as Coinbase Announces Support appeared first on CCN

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Coinsource Receives First BitLicense to Operate Bitcoin ATMs in New York

The world’s largest bitcoin ATM company has finally received official approval to operate in New York. They had previously been operating in New York almost since the company’s inception via a provisional license. Last year, they received coverage in the New Yorker and have frequently been in the news with word of new ATMs across The post Coinsource Receives First BitLicense to Operate Bitcoin ATMs in New York appeared first on CCN

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Newsflash: Bitcoin Price Breaks South, Drops to $6,211

The bitcoin price took a southward turn on Monday, dropping beneath $6,300 as the cryptocurrency market experienced a jolt of volatility. Bitcoin had been uncharacteristically stable in recent weeks, so much so that its price briefly became less volatile than major Wall Street stocks including Amazon and Netflix. However, trading volume began to tick up The post Newsflash: Bitcoin Price Breaks South, Drops to $6,211 appeared first on CCN

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