// IP Marketing video - START// IP Marketing video - END

Bitcoin price drops after China central bank launches investigation

Bitcoin price drops after China central bank launches investigation

PanARMENIAN.Net - The price of digital currency bitcoin slid around $50 on Wednesday, January 11 after China's central bank said it had launched spot investigations on bitcoin exchanges in Beijing and Shanghai in order to fend off market risks, Reuters said.

The investigation of bitcoin exchanges, including BTCC, Huobi and OKCoin, was to look into possible market manipulation, money laundering, unauthorized financing and other issues, according to the statements posted on the People's Bank of China's website. Bitcoin fell from around $909 on the Europe-based Bitstamp exchange to the day's low of $861, leaving it down almost 5 percent BTC=BTSP.

 Top stories
Samsung Electronics has filed a new trademark for “Micro QLED” with the Korean patent office, according to a news report.
Armenia's government prioritizes information technology with measures like tax breaks and educational programs, the article says.
Triada Studio's imagination stirring puzzle Shadowmatic was named among Google Play’s Best Innovative Games of 2017.
Most long-haul diesel trucks are priced around $120,000 and cost tens of thousands of dollars to operate each year.
Partner news