CRYPTO INSIDER: Bitcoin tumbles again
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Bitcoin is down more than 10% in the past 24 hours and could once again fall below the $10,000 mark soon. You can track its price in real time here.
Here are the full standings:
- Bitcoin (BTC): $10,073 (-10.8%)
- Ethereum (ETH): $1,096 (-6.3%)
- Ripple (XRP): $1.16 (-8.3%)
- Bitcoin Cash (BCC): $1,530 (-7.2%)
- Litecoin (LTC): $167 (-7.3%)
What else is happening:
- The SEC has halted the ICO of a Texas "cryptocurrency bank," alleging that AriseCoin was nothing more than a scam. Arise Bank, whose website was offline Tuesday, had already raised $600 million of its $1 billion goal.
- The iced tea company that avoided de-listing by pivoting to blockchain may once again be at risk of being kicked off Nasdaq's exchange.
- Another crypto startup that vanished and changed its website to the word 'penis' allegedly stole the identities of its team.
- Measuring cryptocurrencies by their market caps is a bad idea, one crypto CEO tells Business Insider.
- Coincheck's $543 million hack could mean big changes in the crypto space, a new report from BI Intelligence says.