18 Dec '13, 8am

CRASH: Bitcoin Collapses After Major Blow From China

CRASH: Bitcoin Collapses After Major Blow From China

Recent days have brought headlines about Chinese authorities clamping down on Bitcoin — not wanting various institutions to deal in the digital currency. The latest is that BTC China, the big Bitcoin startup there, announced that it could no longer accept deposits in the local currency . This makes sense. One of the big things that everyone was talking about was how Bitcoin made for the perfect tool to circumvent capital controls (restrictions on getting money out of the country). So Bitcoin is getting crushed. Not that long ago it was above $1,000. Then it settled into around a $900 area, then it dropped to around $700.

Full article: http://www.businessinsider.com/bitcoin-crashes-to-around-...

Tweets

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bitcoin down #dogecoin up such growth so profit

digitaltrends.com 18 Dec '13, 5pm

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money.cnn.com 18 Dec '13, 8am

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allthingsd.com 18 Dec '13, 7pm

The price of bitcoin has taken a beating in the last day following a move by the Chinese government to ban new Chinese yua...

If China Wanted to Ban Bitcoin, It Would Ban Bi...

allthingsd.com 18 Dec '13, 8pm

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latimes.com 07 Dec '13, 3pm

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China Just Popped the #Bitcoin Bubble: via @sfnuop

China Just Popped the #Bitcoin Bubble: via @sfnuop

motherboard.vice.com 18 Dec '13, 2pm

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cnbc.com 18 Dec '13, 8am

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businessinsider.com 16 Dec '13, 9pm

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techcrunch.com 18 Dec '13, 6pm

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mashable.com 08 Dec '13, 6pm

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forbes.com 17 Dec '13, 4pm

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businessinsider.com 17 Dec '13, 10pm

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mashable.com 08 Dec '13, 11pm

The price of bitcoin surged to $1,000 last month , but it dipped far below that mark just as quickly. Baidu, China's large...

Bitcoin: China’s New Special Economic Zone -

Bitcoin: China’s New Special Economic Zone -

bitcoinmagazine.com 07 Dec '13, 5pm

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