Bitcoin price LIVE: BTC loses $700 as Tether TANTRUM threatens 80% price crash

Thursday, February 1, 2018
By Paul Martin

BITCOIN has fallen below the symbolic $10,000 mark following the controversy over cryptocurrency tether – a unique digital coin, bought and valued like-for-like with the US Dollar – being artificially propped up by a widely used exchange called Bitfinex.

By DAVID DAWKINS
Express.co.uk
Thu, Feb 1, 2018

3.10 – UPDATE – Kodak shares have fallen after delaying the release of its own cryptocurrency

Originally, it was announced that investors could start buying into the initial coin offering (ICO) on January 31, for the KodakCoin the company’s own cryptocurrency.

This has now been delayed and the company has said the process could now take several weeks.

A statement on Kodak’s website blamed the delay on the need to verify each investor. It said: ”With over 40,000 potential investors expressing an interest in the ICO, we are now moving into the ‘accredited investor’ phase.”

2.39pm – UPDATE – Australian airport to accept Bitcoin

Brisbane Airport is set to become the planet’s first aviation hub to accept bitcoin, dash, steem, litecoin and ethereum – after signing an agreement with tourism company TravelbyBit Australia.

The small peice of good news is unlikely to change the general movement of bitcoin, which is heading south, and fast.

Bitcoin has reduced its loses to $700 on the day so far, with the price now at $9,427.

1.53pm – UPDATE – Massive losses

Bitcoin has now shed $975 of its worth as concern over tether manipulation and negative noises coming from India send the price south.

The Rest…HERE

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