a memo suggesting that authorities bank centralized trading of virtual currencies. "They seem to be a bit further along the way in regards to forming the solution to scaling issues. There have been a series of thefts from cryptocurrency exchanges in recent months. Its value has fallen.6 per cent since this time yesterday and is up by about 10 per cent week-on-week. Remember that returns are not guaranteed, so you could get back less than you invested. Still, Van-Petersen said that ethereum is likely to outperform bitcoin this year.
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There has been a sharp drop in the price of bitcoin and other virt ual currencies after South Korean cryptocurrency exchange Coinrail was.
The value of bitcoin has seen significant losses over the last week, dropping to its lowest price since October 2017.
"Ethereum came after bitcoin, it has a more unified leadership than bitcoin he said. Bitcoin was trading at about 6,750 on Monday afternoon down from an all-time peak of almost 20,000 in the week before Christmas. Getty Images 4/43 Engineers test a four-metre-tall humanoid manned robot dubbed Method-2 in a lab of the Hankook Mirae Technology in Gunpo, south of Seoul, South Korea Jung Yeon-Je/AFP/Getty Images 5/43 Engineers test a four-metre-tall humanoid manned robot dubbed Method-2 in a lab of the. Coinrail later said in a statement on its website that its system was hit by cyber intrusion on Sunday, causing a loss for about 30 of the coins traded on the exchange. Bitcoins value plummeted again shortly before Christmas, dropping by almost 2,000 (1,449) in just an hour at one point, and almost slipping below the 11,000 mark (7,970). And there is hope that a bitcoin exchange-traded fund (ETF) could come to market this year despite the. Meanwhile, regulators in some major cryptocurrency markets are looking to clamp down on trading.