Digital currencies fell sharply on Tuesday, with the price of ether falling below $ 200 for the first time since May — a 50% drop from its record high set just a month ago. Bitcoin prices were down as well, off as much as 3% early in the day. Among the top 20 digital currencies, virtually all of them were down, with some off around 15%. It’s just the latest illustration of the extreme volatility…"Ethereum Down 50% as Steam Comes Out of Rally"
A little-known Chinese company is threatening to put a fork in the high-flying bitcoin rally — a “hard fork,” to be precise. The controversial cryto-currency, long favored by tech geeks and drug lords alike, has taken a painful price hit this week, burning a recent wave of Wall Street investors and average Joes who have… bitcoins | New York Post"A little-known Chinese firm threatens to derail bitcoin rally"
Even after the Securities and Exchange Commission denied applications for two other bitcoin-based exchange traded funds, the third one isn’t giving up, amid the latest run-up in bitcoin prices sparked by a new investment wave in the sector. The Bitcoin Investment Trust, sponsored by the firm Grayscale Investments LLC, filed an amended Form S-1 on Thursday that included two new provisions. The more significant is that the firm is increasing the proposed maximum size to…"Bitcoin ETF Boosts Offering Size Amid Price Rally"
When a friend sent my wife and me bitcoin as a gift for our wedding last fall, we weren’t quite sure what to do with it. Should we think of the seven-year-old digital currency like an investment and try to ride its daily fluctuations like a stock? Should we convert it back into dollars and avoid the market entirely? Or should we spend the bitcoin through a vendor that accepts it? Our indecision spoke to…"I’m a Bitcoin Novice Who Rode the Digital Currency’s Rally. Here’s What I Learned"