Bitcoin price analysis: BTC/USD recovers from early losses, the reaction to Bithumb hack may be delayed, but not cancelled

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BTC/USD is about to renew the downside quest. Bithumb lost about $30 million due to hack attack. While Bitcoin managed to recover from the intraday low of $6,557, but it is still vulnerable to further losses. Traditionally, the largest market movements happen during European and American hours, so, early losses may be just the beginning […]

Breaking News: South Korea’s Bithumb claims more than $31 million worth of coins has been stolen

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According to Yonhap, one of South Korea’s major cryptocurrency exchanges, Bithumb, has been hacked on Tuesday night. In a statement released by the company, Bithumb states that a group of hackers stole about 35 billion won (USD$31.5 million) worth of coins. After the headlines crossed the wires, Bitcoin plummeted across the board and it’s now […]

Here’s the pep talk the CEO of bitcoin exchange Coinbase gave to new hires about the price dip: ‘People are irrationally pessimistic’

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$1.6 billion cryptocurrency exchange Coinbase became a prominent name as the price of bitcoin surged toward $20,000. But now that bitcoin is valued around $6,700, some people are freaking out. Brian Armstrong, CEO and cofounder of Coinbase, says he’s used … Read Full Story The post Here’s the pep talk the CEO of bitcoin exchange […]

Here’s the pep talk the CEO of bitcoin exchange Coinbase gave to new hires about the price dip: ‘People are irrationally pessimistic’

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$1.6 billion cryptocurrency exchange Coinbase became a prominent name as the price of bitcoin surged toward $20,000. But now that bitcoin is valued around $6,700, some people are freaking out.  Brian Armstrong, CEO and cofounder of Coinbase, says he’s used to these wild swings. In a message to employees, which he later shared on Twitter, Armstrong […]

Bitcoin Is ‘Not For Me’ Says Goldman Sachs CEO

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For Lloyd Blankfein, bitcoin just isn’t his thing. The Goldman Sachs chairman and CEO said in an interview on Tuesday that “it’s not for me” when asked about the world’s largest cryptocurrency by market capitalization. Appearing at the Economic Club of … Read Full Story The post Bitcoin Is ‘Not For Me’ Says Goldman Sachs […]

Bitcoin Daily: UBS CEO Is Bullish On Blockchain, Swiss Crypto Fund Receives License

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Crypto Fund AG, a subsidiary of Crypto Finance Group, says that it has received a license from the Swiss government to distribute funds, Reuters reported. The Financial Market Supervisory Authority (FINMA) reportedly granted the license, which will allow … Read Full Story The post Bitcoin Daily: UBS CEO Is Bullish On Blockchain, Swiss Crypto Fund […]

Buy Bitcoin At Current Levels For The Long Term

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Bitcoin has fallen drastically since the beginning of 2018. Investors fear additional regulation and other threats from the government as key reasons for avoiding Bitcoin. Buying bitcoin now at these trough valuations can present a golden opportunity for … Read Full Story The post Buy Bitcoin At Current Levels For The Long Term appeared first […]