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      "body": "-0.55% $10,578.6\nREV\nREVENU\n+900%\n$0.081\nXPY\nPAYCOIN\n-88.88%\n$0.079\nALTCOIN ANALYSIS JANUARY 23, 2018 22:42\nCryptocurrency Markets Make Bullish Pivot After Early-Week Lows\n Bitcoin price\nGet Trading Recommendations and Read Analysis on Hacked.com for just $39 per month.\n\nAdvertisement\n\n\n\nThe cryptocurrency markets pivoted back into the green on Tuesday following an early week dip that had forced the bitcoin price below $10,000 and led skeptics to declare that “the end of bitcoin” had arrived.\n\nAnalysts had generally attributed the correction to regulatory pressures in major markets, but positive news — such as a report that six Korean banks will begin issuing verified accounts to prospective cryptocurrency traders in tandem with the country’s ban on anonymous trading — may have contributed to this afternoon’s moderate recovery.\n\nbitcoin price\nSource: CoinMarketCap\nAt present, the cryptocurrency market cap is $531 billion, which represents a $45 billion recovery from its daily low.\n\nBitcoin Price Rallies Back to $11,000\nThe rally thrust the bitcoin price back across an important psychological barrier. Earlier on Tuesday, bitcoin’s $10,000 support level had collapsed, plunging the flagship cryptocurrency back into four-figure territory. However, after consolidating at $9,900, the bitcoin price surged back to $11,000 and is currently trading at $11,112 on Bitfinex. This represents a 21 percent increase from its intraday low and works out to a $188.4 billion market cap.\n\nbitcoin price\nBitcoin Price Chart\nEthereum Price Fights for $1,000\nThis week’s market movements also dealt ethereum a severe blow — a blow from which it has not yet fully recovered.\n\nOn Tuesday, the ethereum price dipped below $1,000, declining as far as $905 on Bitfinex before reversing course. At present, ethereum is valued at $996 — a 10 percent increase from its intraday low and a daily gain of four percent — which gives the second-largest cryptocurrency a $97.6 billion market cap.",
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      "body": "Search for:\nSearch\nMarketcap\nPrices\nICO Calendar\nBitcoin\nEthereum\nLitecoin\nAltcoins\nLearn\nAdvertise\nOpen Positions\n© 2018 CryptoCoinsNews. All Rights Reserved.\n\n-0.88% $10,544.6\nREV\nREVENU\n+900%\n$0.081\nXPY\nPAYCOIN\n-88.88%\n$0.079\nALTCOIN ANALYSIS JANUARY 23, 2018 22:42\nCryptocurrency Markets Make Bullish Pivot After Early-Week Lows\n Bitcoin price\nGet Trading Recommendations and Read Analysis on Hacked.com for just $39 per month![crypto-market-cap-jan232.jpg](https://steemitimages.com/DQma4XF3YafkrVvkwYFp1kmr7R6EDgc5Vb15CUgtaKeLwW6/crypto-market-cap-jan232.jpg)\n\n\n\nThe cryptocurrency markets pivoted back into the green on Tuesday following an early week dip that had forced the bitcoin price below $10,000 and led skeptics to declare that “the end of bitcoin” had arrived.\n\nAnalysts had generally attributed the correction to regulatory pressures in major markets, but positive news — such as a report that six Korean banks will begin issuing verified accounts to prospective cryptocurrency traders in tandem with the country’s ban on anonymous trading — may have contributed to this afternoon’s moderate recovery.\n\nbitcoin price\nSource: CoinMarketCap\nAt present, the cryptocurrency market cap is $531 billion, which represents a $45 billion recovery from its daily low.",
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      "body": "![images (18).jpeg](https://steemitimages.com/DQmNg4smxVeyD841PfayNYUq6dDRpd8qGg57LdKfkgtuiLc/images%20(18).jpeg)SEOUL, South Korea - Softening its tough stance on cryptocurrency trading for now, South Korea said Tuesday it would adopt a system requiring that transactions that until now were anonymous be traceable. It also will more closely monitor trading for signs that transactions may be linked to tax evasion or other crimes.\n\nThe bitcoin markets appeared to take the news in stride.\n\nSouth Korean Financial Services Commission Vice Chair Kim Yong-beom told reporters that starting next week, local banks will launch a real-name system for trading of cryptocurrencies to help curb speculation and criminal activities.\n\n\nThat means banks will have to ensure any cryptocurrency investment comes from a bank account owned by the same individual. The measure will prevent such trading by foreigners living outside South Korea who do not have local bank accounts. It also will ban minors younger than 19 from buying or selling bitcoins and other digital currencies.\n\nOnce the new system is in place, existing anonymous accounts used for crypto trading will be canceled, he said.\n\n \n\n\nWhere does Bitcoin go from here?\nThe moves follow warnings by South Korean authorities that they might ban anonymous trading in cryptocurrencies and crack down on speculative trading. Regulators are seeking to prevent use of crypto currency trading for money laundering, tax evasion and other crimes.\n\nThe new requirements could also lead to a shutdown of some cryptocurrency exchanges. Banks will be able to refuse to open accounts with any exchanges that refuse to disclose information about suspicious trading.\n\n\n\"We expect that cryptocurrency exchanges that are in danger of being exploited for money laundering will be thrown out of the market,\" Kim told reporters.\n\nThe government is also asking financial institutions to step up their oversight of the virtual currency sector. Lenders were told to closely monitor crypto trading that exceeds 10 million won ($9,338) a day or 20 million won ($18,676) per week, and also crypto trading accounts owned by corporations or groups and report any suspicious activity to the authorities.\n\nKim said the government does not intend to encourage trading in cryptocurrencies.\n\nSouth Korea is home to some of the world's largest cryptocurrency exchanges, and a craze for bitcoin and other cryptocurrencies has swept the country.\n\nSuggestions by top government officials that a ban on such trading was under consideration prompted supporters of cryptocurrency investing to petition the presidential office's website to block such a move.\n\n\nThe price of bitcoin gyrated wildly earlier this month, soaring and then sinking on concerns over now South Korea and other governments might handle the boom in cryptocurrency trading. Its price has fallen more than 40 percent from its peak earlier this month.",
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