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Bitcoin plunges 10 percent as December rout continues to drag down cyptocurrencies

Friday, December 7, 2018, 9:12 AM

As of Asia's Friday morning trade, bitcoin had fallen more than 10 percent against the U.S. dollar in 24 hours, marking another recent pluge for the world's largest cryptocurrency. Bitcoin traded at $3,330.28 as of 10:40 a.m. HK/SIN (9:40 p.m. ET on Thursday), falling 10.25 percent over the last 24 hours, according to data from industry site Coindesk.
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Bitcoin falls over 7%, heads towards one-year low

Friday, November 30, 2018, 7:05 PM

Bitcoin fell as much as 7% on Friday, heading towards a recent one-year low in a broad-based sell-off in cryptocurrencies. The worlds biggest and best-known cryptocurrency fell to $3,920.35 in late morning trade, heading towards a September 2017 low of $3,474.73 hit on Sunday. Other cryptocurrencies including Ethereum's ether and Ripple's XRP also weakened. Bitcoin and other cryptocurrencies have been mauled in recent weeks.
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Nasdaq plans to pursue bitcoin futures despite plunging prices, say reports

Tuesday, November 27, 2018, 8:39 PM

Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures, according to two people familiar with the matter, betting on sustained interest despite the cryptocurrency's dramatic plunge over the past year. Nasdaq has been working to satisfy the concerns of the US's main swaps regulator, the Commodity Futures Trading Commission, before launching the contracts, the people said.

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