HONG KONG: Bitcoin fell as much as 15 percent on Friday, extending its loss from its intraday high this month to more than 30 percent. The digital currency dropped to as low as $13,048 before trading at $14,079.05 as of 12:07 p.m. in Hong Kong. Bitcoin, which peaked at $19,511, is still up more than 1,300 percent this year. Bitcoin cash, which emerged earlier this year amid a split between factions over proposed software upgrades, was added to Coinbase Inc.’s offerings this week. The bank aims to get the business running by the end of June, if not earlier, two of the people said.

Source: The Star December 22, 2017 04:18 UTC