Bitcoin bubble re-inflates, retail traders jump right back in
Bitcoin bubble re-inflates, retail traders jump right back in explained by professional Forex trading experts the “ForexSQ” FX trading team.
Bitcoin bubble re-inflates, retail traders jump right back in
What a week it has been for the virtual currency Bitcoin – prices have been swinging in both directions in roller-coaster mode. As the Senate hearings on the digital currency were ongoing it has rallied all the way up to $900 on Mt Gox, in the aftermath prices have slumped to a low around $455 as market participants decided to lock in some profits.
Network and withdrawal Issues with Bitstamp on Tuesday reinforced profit taking, however a day later the exchange has issued a press release stating that all issues surrounding the website and deposit and withdrawal functionality have been resolved. Prices started to rebound again and are currently trading just below $700 on Bitstamp.
Others have not been so lucky, with Polish Bitcoin exchange Bidextreme regretfully informing its customers that following a hackers’ attack the website’s portfolio containing the Bitcoin and Litecoin wallets of customers has been emptied. According to a statement issued by the company cash deposits have remained unscathed and the money will be returned to customers. A formal police investigation has been started and we might be getting more info soon.
Is Forex Trading Halal or Haram Conclusion
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