With all of this volatility affecting cryptocurrency markets, it almost becomes impossible not to panic sell. The people who invested their money in Litecoin will be quite pleased to see the Litecoin price peak above $100 again. After a somewhat difficult past 24 hours, it seems the top altcoins are starting to mount a comeback. We may even see a new all-time high price for Litecoin this weekend.
It is good to see the cryptocurrency markets hit their stride again after last night’s Bitcoin onslaught. While it was fun and exciting to see Bitcoin surpass $19,000 at one point, the exchanges simply couldn’t handle the trading volume [once again] and eventually triggered a small pushback. This also affected the Litecoin price a bit, although this market was far more stable than most other altcoins have been over the past few hours.
Topic: Bitcoin Ethereum Altcoin Blockchain ... DAILY NEWS - page 2. (Read 401 times)
Regulators in South Korea have reportedly banned the trade of futures contracts and other derivatives tied to bitcoin.
According to a Dec. 6 report from the Korea Herald, directives from the country's Financial Services Commission led securities firms such as eBest Investment & Securities and Shinhan Financial Investment to cancel seminars marketed towards bitcoin futures investors. Those seminars were reportedly set to take place early next week.
Investments in derivatives developed by foreign exchanges are also banned, the newspaper further said Wednesday.
According to a Dec. 6 report from the Korea Herald, directives from the country's Financial Services Commission led securities firms such as eBest Investment & Securities and Shinhan Financial Investment to cancel seminars marketed towards bitcoin futures investors. Those seminars were reportedly set to take place early next week.
Investments in derivatives developed by foreign exchanges are also banned, the newspaper further said Wednesday.
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