"This correction is an appropriate one after such frenzied trading,". LONDON/TOKYO, Dec 8 (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than After dramatic gains, bitcoin tumbles 20 percent in 10 hours In a hectic day on Thursday, bitcoin leapt from below $ CME and Nasdaq are preparing to launch Bitcoin trading instruments in. Dec 08, · Bitcoin drops after dramatic gains ahead of futures launch. In a hectic day on Thursday, bitcoin leapt from below US$16, to US$19, in less than an hour on the US-based GDAX, one of the.
Bitcoin tumbles after dramatic gains in hectic trading dayUPDATE 1-After dramatic gains, bitcoin tumbles 20 percent in 10 hours | Reuters
One or two of the existing ones will succeed. As bitcoin slumped, other cryptocurrencies climbed. Ethereum the second-biggest, was up almost 6 percent by GMT, according to trade website Coinmarketcap. For the week, bitcoin was still up almost a third. As investors braced for the Cboe launch, some big U. JPMorgan and Citigroup did not immediately respond to requests for comment. On Thursday, Goldman Sachs Group Inc said it planned to clear bitcoin futures for some clients as the new contracts go live on exchanges in the coming days.
As bitcoin slumped, other cryptocurrencies climbed. Ethereum the second-biggest, was up nearly 8 percent, according to trade website Coinmarketcap. For the week, bitcoin was still up almost a third. Since the start of October, bitcoin has more than tripled in price. So far this year it has soared about 15 fold, stoking concerns that the bubble would burst in dramatic fashion.
Its rapid rise has drawn in millions of new investors. So far this week, more than half a million new users have opened wallets with retail-focused bitcoin wallet provider Blockchain, the firm said, doubling the total number of users to 20 million since last year.
President Trump has issued 65 pardons and commutations since Tuesday, and more are expected in the coming days. According to multiple sources, his son-in-law and top adviser, Jared Kushner, played a key role in managing the avalanche of requests.
A federal judge said the Justice Department unlawfully rescheduled the execution of the only woman on federal death row, potentially setting up the Trump administration to schedule the execution after president-elect Joe Biden takes office. Montgomery had previously been scheduled to be put to death at the Federal Correctional Complex in Terre Haute, Indiana, this month, but Moss delayed the execution after her attorneys contracted coronavirus visiting their client and asked him to extend the amount of time to file a clemency petition.
At first glance, the Mawat district of north-east Iraq is a rustic idyll, a belt of rolling hills lined with olive and fruit groves. But on closer inspection - as many visitors have learned the hard way - it is full of hidden dangers.
What looks like a Middle Eastern Tuscany was once on the frontline of Iraq's eight-year war with Iran, where Saddam Hussein's army planted vast quantities of land mines. Lurking in its gulleys and orchards are countless Russian and Italian anti-personnel devices - all still lethal. Today, despite nearly 30 years of mine clearance work, more than half remain - a glaring reminder of the scale of the so-called "legacy mine" threat in former warzones.
You know Dasher and Dancer and Roger and Kushner — but do you recall, the most consequential pardon of all? President Trump has issued a flurry of late-term pardons in the lead-up to his departure from office, the most recent of which includes Paul Manafort, Roger Stone, and Charles Kushner, father of Jared Kushner. But two of the president's pardons this week have flown relatively under the radar, despite offering a potential glimpse into Trump's own future.
John Tate and Jesse Benton were two of 26 people granted clemency on Wednesday, receiving pardons for their convictions on campaign bribery charges. The two men, who were aides to former U. The payments were executed through a third-party vendor.
More details. See Saved Items. This article has already been saved in your Saved Items. After dramatic gains, bitcoin tumbles 20 percent in 10 hours. Add a Comment. Add a Comment Comment Guidelines. Be respectful. Even negative opinions can be framed positively and diplomatically.
Use standard writing style. Include punctuation and upper and lower cases. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended.
If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
Only English comments will be allowed. I have read Investing. I Agree. Write your thoughts here. Are you sure you want to delete this chart? Delete Cancel. Post also to:. Replace the attached chart with a new chart? Replace Cancel.