All posts tagged with Bitcoin collapse
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-(Natural News) The value of bitcoin briefly fell below $26,000 for the first time in 16 months before rallying. The dip in value comes amid a broader sell-off in cryptocurrencies that saw more than $200 billion worth of crypto disappearing from the entire market in a single day. On Thursday, May 12, bitcoin’s value fell as […]
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-(Natural News) Once upon a time, it appeared the global financial future was bitcoin, but that assumption has proven to be dead wrong. In fact, according to a new analysis, 40 percent of bitcoin investors are now underwater with their initial layout, which is made even worse by the fact that — thanks to the […]
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-(Natural News) The values of Bitcoin and other cryptocurrencies are crashing as the crypto market reacts negatively to the escalation of tensions in Eastern Europe between Russia and Ukraine. Meanwhile, the trading prices of precious metals like gold and silver are surging like never before. This is according to financial analysts David Morgan and John […]
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-(Natural News) Several cryptocurrency analysts once again suspected fraud in the industry after shares of MicroStrategy fell nearly 18 percent on Friday following a decision by the U.S. Securities and Exchange Commission to reject the firm’s bitcoin accounting methods. The business intelligence software firm’s stock was already declining in value along with the price of […]
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-(Natural News) As Bitcoin collapses, a $1-million gamble on the cryptocurrency is poised to expire with zero value. For BlockTower Capital cryptocurrency fund manager Ari Paul, this investment is no doubt looking bleak. A year ago, Bitcoin was trading at nearly $20,000. Now, its value is teetering precariously around the $3500 mark, reaching a low […]
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-(Natural News) The market price of the popular online cryptocurrency Bitcoin has sunk so low in recent days, compared to the all-time highs it reached last Christmas, that “mining” the digital “money” is no longer a profitable endeavor, new reports indicate. Because “digging up” Bitcoins from cyberspace requires an incredible amount of computing power and […]
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