Bitcoin is still sliding after Thursday’s wipeout
Digital currency Bitcoin continues to fall against the dollar on Friday, following a 16% collapse in its value on Thursday.
Bitcoin began sliding on Thursday after Chinese media reported that the country’s regulators were moving closer to shutting down exchanges. Business Insider first reported that China was looking at a crackdown on all cryptocurrencies after the People’s Bank of China banned “initial coin offerings” at the start of the month.
Things got worse after BTCChina, one of the biggest local exchanges, said it would stop trade at the end of the month. Bloomberg is now reporting that exchanges …read more
You may be interested
Massive whale carcass dug up on NSW beach – 9news.com.audoyelteam - Sep 25, 2017
9news.com.auAn 18-tonne humpback whale carcass that has been decomposing since it was buried at a NSW mid-north coast beach last…
Gas supply shortfall warning for 2018 – The Australiandoyelteam - Sep 25, 2017
The AustralianLabor energy spokesman Mark Butler has accused Malcolm Turnbull of “continuing to fudge and delay” in addressing the gas…
Police release CCTV after hit-and-run driver kills teenager – Daily Telegraphdoyelteam - Sep 25, 2017
Daily TelegraphTHE grieving mother of hit-and-run victim Natasha Gadd says she feels like her daughter was left to die twice…