Jinyoung Lee Englund, the organisation’s director of public affairs, told CoinDesk, however, that the news was not new, and that despite some confusion, this doesn’t represent any changes in ... Bitcoin gang gets 67 new e-currencies; value grows to $13-bn. The total value of these 67 digital currencies in circulation over internet has reached nearly USD 13 billion (over Rs 80,000 crore), out of which bitcoin alone accounts for over USD nine billion, according to market estimates. Bitcoin tumbled for a second day today, after dropping $170 on Friday. The virtual currency fell a further $142 to $538. The currency was valued at $850 for most of last week up until Friday. One of the major bitcoin exchanges, Mt Gox, is saying the drop is due to technical issues. The exchange halted all withdrawals over the weekend but reopened them today to outside wallets (a way of storing ... Bitcoin is a new technology and its nature is very risky because its still in its infancy," said Jinyoung Lee Englund, Director of Public Affairs, Bitcoin Foundation. Soon after global monetary authorities issued warnings or advisories, values of virtual currencies slumped and have become very volatile with daily swings of 5-20 per cent. This entry was posted in Bitcoin News on September 19, 2015 by adminbtc. Post navigation ← TowerBTM: A Futuristic Bitcoin ATM Running Lamassu Software Inside Bitcoins Bitcoi
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