// 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 has some 2.5 million Galaxy Note 7s left over after using 20,000 or so up in testing to determine the cause of the problem.
Despite the incubation period, the team's charging tech might not be ready for an anticipated iPhone refresh expected to debut this fall.
Size wise, Kuo says the OLED iPhone will have measurements similar to the 4.7-inch iPhone, allowing for one-handed operation.
It's still possible to buy the 3310 on Amazon, though only through its marketplace and not directly from the company itself.
Partner news