Cryptocurrencies appear to be in freefall, with Bitcoin falling below the $8,000 for the first time since its meteoric rise last year.
Bitcoin was trading below the key $10,000 level for much of Wednesday after a string of negative news reports subjected the whole array of crytocurrencies to losses
US regulator the Securities and Exchange Commission (SEC) has struck at an alleged fraudulent cryptocurrency ICO (initial coin offering), in a further blow to the cryptocurrency market on the day South Korea banned anonymous trading.
Leading cryptocurrency expert Bobby Lee has predicted how governments around the world will crack down on Bitcoin.
Popular commission-free US trading app Robinhood is to offer investors the ability to buy Bitcoin and ethereum. Trading in cryptocurrencies will start in five US states in Februar
Bitcoin and its rivals fell on Friday as world leaders and other notable figures from investment and academia used their platforms at the World Economic Forum at Davos to express caution on cryptocurrencies