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14:56 BusinessBitcoin Eyes $8.5K Hurdle After Biggest Single-Day Price Gain in Five Weeks (1)

Bitcoin logged the biggest single-day price gain in five weeks on Monday, opening doors for a stronger recovery rally to key resistance above $8,500.

20:19 TheNextWeb.comUK police just sold criminally-seized Bitcoin for above market rates (1)

UK police raised £300,000 ($369,000) through the auction of criminally-seized Bitcoin and other cryptocurrency this week, achieving over market value. The sales, a first for UK police, occurred across two unreserved auctions that were finalized on September 26 via Irish firm Wilsons Auctions. In total, 62 lots of cryptocurrency were sold, which included Bitcoin, Ethereum, Ripple, and Bitcoin Satoshi Vision. Data shared with Hard Fork reports Wilsons Auctions fielded 7,500 bids from across the world, including Brazil, Australia, Dubai, Canada, Singapore, and the USA. On average, 1 BTC sold for £6,798.80 ($8,365), 0.5 BTC for £3,443.68 ($4,236), and 0.25 BTC for £1,972.74 ($2,426). The… This story continues at The Next WebOr just read more coverage about: Bitcoin

20:48 BusinessBitcoin Price Sheds $500 Over Day, Drops Below $8,000 (1)

Support at $7,900 lasted about one-half-hour before the price went southward once more, sitting at $7,800 as of writing.

18:42 MoneyMorning.comCould President Trump Enact a Bitcoin Ban? (1)

A Wall Street analyst with an interest in cryptocurrency set off some wild speculation when he tweeted about the possibility of a Bitcoin ban by U.S. President Donald Trump.
The theory he put forth is that since Trump used his executive authority to ban e-cigarettes, he could do the same with Bitcoin.
Crypto twitter pounced, and several articles appeared on crypto news sites.
But here's why there's no need for anyone to panic...
Tags: cryptocurrencies
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