FILE PHOTO: A sign is seen outside a business where a Bitcoin ATM is located in Toronto, Ontario, Canada June 3, 2017.
“It looks like the entire market is in a risk-off mood today.
It started with the (FAANG) stocks, but the mood seems to be dragging down crypto markets as well at the moment,” said Mati Greenspan, senior market analyst at eToro.
The so-called FAANG group includes Facebook, Netflix (NFLX.O) Inc, Amazon.com Inc (AMZN.O) and Google parent Alphabet Inc (GOOGL.O).
At 3:17 p.m. (1917 GMT), bitcoin BTC=BTSP, the world’s biggest and best known virtual currency was down 2.48 percent at $8,011.69 on Luxembourg-based Bitstamp exchange.
The general mood and feel in the crypto-markets is one of a recovery that is yet to be confirmed at the moment of writing this. Many seasoned crypto-traders had speculated that Bitcoin (BTC) had been oversold beginning Thursday, 12th July.
The city council of Lebrija has created a virtual currency ‘Elio’ that can only be used for payments made to small and medium businesses, according to a report by Diario de Sevilla. Read more: Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources
Close to a year ago last July, the U. S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes.
Bitcoin Press Release: An online player based in the Philippines has won the equivalent of $300,000 (Php15,000,000) on the Pnxbet casino game LIVE baccarat. 29th April 2020, Curacao – A lucky online casino player from the Philippines has won a massive Php15,000,000 playing the game of Baccarat on popular betting website Pnxbet.
Bitcoin Press Release: Leading Bitcoin casino and sportsbook Cloudbet has unveiled its impressive new website. The updated site offers a slew of new advancements including faster load times, new language options, live eSports betting, and more.
Bitcoin Press Release: The only Australian owned global holiday rental website “EzyStayz” has released their own cryptocurrency “EZY” which will be launching on the Korean exchange Foblgate on the 20th April at an introductory price of 0.
Bitcoin Press Release: Leading bitcoin casino Bitcasino has added support for the third largest cryptocurrency XRP, allowing all platform users to bet with ripple. 16 April 2020 – The world’s first licensed Bitcoin-led casino operator, Bitcasino, now accepts Ripple payments, making XRP the next cryptocurrency to enjoy the casino’s wide range of games.