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Tag Archives: Fall

No, Bitcoin Price Didn’t Fall Because a Minor Cryptocurrency Exchange was Hacked

The Bitcoin price has taken another massive dip over the weekend. Pinpointing the exact reason for that development is not all that easy. Some people blame the hack of CoinRail to be the culprit. However, the exchange is a small platform with a less-than-great reputation in South Korea. CoinRail Hack is Unfortunate Whenever a cryptocurrency exchange is hacked, panic ensues. ...

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Bitcoin Drops to $7,200 While Ethereum, Ripple, and Bitcoin Cash Fall 7 Percent

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Over the past 24 hours, the cryptocurrency market dropped more than $22 billion, falling from $343 billion to $321 billion in market valuation. Bitcoin fell by 5 percent, while other major cryptocurrencies recorded larger losses, dropping by more than 7 percent. What Triggered the ...

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ASUS to Release 20 Graphics Card ‘Mining Master’ Motherboard in Fall 2018

U.S. hardware manufacturer ASUS formally announced the release of its “second generation” cryptocurrency mining motherboard on May 30. The new product, dubbed the H370 Mining Master Motherboard, sees the company attempt to corner the increasingly crowded market by targeting high-demand users. It follows the release of the B250 Mining Expert in August 2017. ASUS meanwhile said plans to launch its ...

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Fed Report: Bitcoin Futures Creation and Fall of Cryptocurrency Was No Coincidence

Last December’s introduction of Bitcoin futures, which gave investors an opportunity to bet against the value of the coin, played a large role in the late-2017 and early-2018 price decline, according to the U.S. Federal Reserve. Bitcoin’s Connection With Futures Markets In the economic letter from the Federal Reserve Bank of San Francisco, published today May 7, the authors conclude ...

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EOS Remains Strong | Ripple (XRP) & Stellar (XLM) Fall

EOS, Ripple (XRP), & Stellar (XLM) – The cryptocurrency market made quite the surge within the past 30 days, as it hit over $470 billion this past week. At press time, however, the market is sitting just above $435 billion. Source: CoinMarketCap EOS remains the dominant coin on the market this morning, as Ripple (XRP) and Stellar (XLM) have corrected ...

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Mobile Pay Service Square Shares Fall After Stock Commentator Slams Bitcoin Strategy

Shares of financial services and mobile payment company Square dropped Monday after a critical tweet by short-seller Andrew Left’s Citron Research, CNBC reported April 30. Citron claimed excitement for Square’s Bitcoin (BTC) trading solution was exaggerated. Citron called Square a “collection of yawn businesses” in a tweet Monday afternoon, adding that the payment operator’s “SQ-Cash to BTC trading has been ...

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Currency Suffers Slight Fall to $8,000 – The Merkle

Bitcoin’s price has suffered a slight blunder. After spiking to nearly $8,400 over the weekend, the coin fell during today’s early morning hours to $7,900, but has since rebounded to about $8,000 at press time. It’s good news to know that while bitcoin failed to develop stronger resistance during its Sunday high, the drop wasn’t any worse. Joining bitcoin with ...

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