Bitcoin fell below $15,000 after the cryptocurrency’s biggest rally in two weeks ended a rout that wiped more than $9,000 off the price.
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Crypto Proxy Stocks Rally as Bitcoin Rebounds Above $16,000
Gold Silver Reports – Crypto Proxy Stocks Rally as Bitcoin Rebounds Above $16,000 — Bitcoin’s rebound from a five-day rout has drawn investors back to stocks related to cryptocurrency and blockchain technology.
Blockchain for Commodities Markets
Gold Silver Reports – Blockchain for Commodities Markets >> Blockchain technology, which has already been adopted by gold traders, is starting to show the potential to transform other sectors of the global physical commodities markets.
Digital Coins Resume Selloff as Recovery Fizzles
Gold Silver Reports – The biggest cryptocurrencies resumed their decline on Sunday, failing to reverse a selloff that began when bitcoin’s unprecedented rally fell short of breaking above $20,000.
Bitcoin Climbs, Finding Floor After Worst Selloff Since 2015
Gold Silver Reports – Bitcoin clawed its way upward on Saturday along with most cryptocurrencies, halting a four-day tumble that drew worldwide attention to the unregulated $500 billion market that’s frequently called a bubble.
Cryptocurrency Trading Tips-Bitcoin Is So 2017 as Ripple Soars at Year End
Gold Silver Reports — Cryptocurrency Trading Tips-Bitcoin Is So 2017 as Ripple Soars at Year End – The rout in cryptocurrencies isn’t sinking all boats. Ripple, which uses a network of nodes that includes financial institutions to validate transactions, has sustained the advance for its XRP currency as it reports interest from financial institutions and concern mounts over the costs of bitcoin mining.
See Bitcoin as a Lottery, Not an Investment
Gold Silver Reports – See Bitcoin as a Lottery, Not an Investment – A tea seller in Mumbai’s newest corporate hub claims to have bought 4 bitcoins, at Rs1 lakh each, in May 2017. He is already sitting on a handsome profit, given the price of Rs13.64 lakh per bitcoin—as per Coinome as on 19 December. However, he says he will wait till next year when the price would be around Rs15 lakh a bitcoin. On being asked how he knows for sure that the price will move to that level, he responded with an assured, “Aap dekhna (you’ll see).”
Gold May Not Be Bitcoin, But Miners Can Still Make You Money
Gold Silver Reports – Gold and silver prices haven’t had the best year when compared to industrial metals, and the outlook for next year looks muted at best.
Gold no Longer a Hedge, Excitement is Elsewhere
Gold Silver Reports – Hedge funds are pulling out of gold bets as more exciting moves in equities and cryptocurrencies make safe-haven investments look boring.
Hedge Funds Are Pulling Out of Gold and Seeking Thrills Elsewhere
Gold Silver Reports – Hedge funds are pulling out of gold bets as more exciting moves in equities and cryptocurrencies make safe-haven investments look boring.