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Ethereum’s Buterin: Misapplication of Blockchain Tech Leads to ‘Wasted Time’

Ethereum’s Buterin: Misapplication of Blockchain Tech Leads to ‘Wasted Time’ Ethereum cofounder Vitalik Buterin said that the misapplication of blockchaintechnology in some industries leads to “wasted time” in an interview with business news outlet Quartz published Nov. 26. Speaking at the Devcon4 blockchain conference, the Ethereum cofounder said that although there are a number of companies that try to establish… […]

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Bulgarian Authorities Arrest Three Men over Bitcoin Theft, Recover $3 Million

The Bulgarian police force has arrested three men for orchestrating a cryptocurrency theft worth $5 million and local authorities have only succeeded in recovering $3 million from them, plus a car worth about $34,800, reported  Finance Magnates on November 26, 2018. Three Cryptocriminals Nabbed Per sources close to the matter, the Bulgarian Prosecutor’s Office has […]

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Analyst Claims Bitcoin to Test $2,970 is Likely in the Short-Term

The cryptocurrency markets have held steady today and have given investors a welcome reprieve from what seems like a constant downturn, with the overall markets trading sideways after experiencing nearly two weeks of consistent price plunges. At the time of writing, Bitcoin is trading down 1.1% at its current price of $3,730, trading choppily over […]

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Barry Silbert: Bitcoin Cash Fork Is a Distraction, Confusing for New Investors

Barry Silbert, founder of Digital Currency Group, has weighed in on the current state of the cryptocurrency industry. Amongst other topics, the early Bitcoin investor and proponent commented on the recent Bitcoin Cash hard fork. Silbert: BCH Fork Was a “Disservice” to the Industry One of cryptocurrency’s early proponents and the founder of blockchain startup […]

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CNBC Tech Correspondent: Bitcoin’s Survival Hinges on People Believing in It

While speaking on a recent panel, Elizabeth Schulze, CNBC technology correspondent, explained how Bitcoin’s long-term survival as an asset and currency depends upon people believing in it. Bitcoin’s Long-Term Survival Will Be Determined By Its Users The current price action witnessed with Bitcoin, is enough to shake even the strongest investor’s hands. The continued price decline […]

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Report: Blockchain Market to Be Worth over $28 Billion by 2025

A report into the projected growth of the current blockchain market by Meticulous Research has produced some incredibly bullish forecasts for the industry. By 2025, it’s expected to have grown at a compound annual growth rate (CAGR) of 74.1%, reaching $28 billion. Future Looks Bright for Blockchain Technology In a report published today, Meticulous Research […]

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Bitcoin [BTC] used to launder over $150,000 to ISIS; Accused New Yorker faces 20 years in prison

In a blow to the cryptosphere, a naturalized US citizen has pleaded guilty to helping the terror group the Islamic State of Iraq and Syria [ISIS] by using Bitcoin [BTC] and other cryptocurrencies. Zoobia Shahnaz, a Long Island resident, admitted to laundering and wiring more than $150,000 in cryptocurrencies such as Bitcoin to shell companies […]

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VC Billionaire Tim Draper Places Huge Bets on Bitcoin Despite Recent Crypto Market Massacre

CoinSpeaker VC Billionaire Tim Draper Places Huge Bets on Bitcoin Despite Recent Crypto Market Massacre It seems like the crypto community is not scared by the latest bitcoin sell-off, with major investor Tim Draper predicting transition to cryptocurrency in the near future. VC Billionaire Tim Draper Places Huge Bets on Bitcoin Despite Recent Crypto Market […]

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Russian Miners Sell Their Equipment Amid Market Plunge

Russian Miners Sell Their Equipment Amid Market Plunge A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. Russian Miners Selling Used Hardware Amateur mining used to be very… […]

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Next Big Crypto Market? Cash is Rapidly Disappearing in Sweden

Half of Sweden’s retailers predict that the country will stop accepting cash by the end of 2025, the New York Times reported. Sveriges Riksbank, the central bank of the country, is already testing a digital currency called the e-krona. Could the declining usage of cash in Sweden lead to a potent market for crypto? Preparing […]

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Bitcoin [BTC] narrative is the real issue, says Civic CEO Vinny Lingham

Vinny Lingham, the founder and CEO of Civic, spoke about the current state of Bitcoin [BTC] in terms of price, in an interview with CNBC Fast Money. He also spoke about the original narrative of Bitcoin. The CEO started off by speaking about the current price range of Bitcoin. He stated that Bitcoin, at present, […]

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No, Lower Bitcoin Price Won’t Start a Mining ‘Death Spiral’

A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it […]

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Ethereum Futures? Bakkt Hints It’s Open To Altcoins

Intercontinental Exchange’s delayed cryptocurrency “regulated ecosystem” Bakkt is already mulling the future addition of altcoins, the company hinted November 23. Bakkt: We’ll ‘Consider’ Non-Bitcoin Contracts In a tweet, executives said they would take into account “customer feedback” as a major motivating force when deciding which cryptocurrencies to support in addition to Bitcoin. Bakkt had eyed […]

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Bitcoin [BTC] mining by Bitmain called out as fraud in a class action lawsuit

In a recent turn of events, Bitmain, the world’s largest cryptocurrency mining device manufacturers, was sued in the state of California for allegedly mining without the customers’ consent. According to Crowdfund Insider, a class action lawsuit was filed by Gor Gevorkyan from Los Angeles against the mining giant Bitmain. The lawsuit claims that Bitmain’s machines start at […]

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Craig Wright’s Bitcoin Cash Fork Can Hit $1 Million: Reddit’s Fmr. Crypto Lead

According to former Reddit crypto lead-turned-entrepreneur Ryan X. Charles, there are only a couple options for the future of Bitcoin, specifically Bitcoin Cash-spinoff Bitcoin SV — it goes to astronomical highs, or it goes to zero. To illustrate his point, published the following tweet on Friday. It seems he has decided that of the two networks that […]

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French Tobacco Shops Want to Sell Bitcoin — Regulators Aren’t Happy

The French version of the SEC, the Autorité des marchés financiers, along with the Banque de France issued a statement Monday regarding the intentions of KeplerK, a company which was previously reported to have gotten approval and is planning to partner with tobacco shop operators to sell Bitcoin in their stores across the country. It seems […]

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Bitcoin ETF ‘Definitely Possible,’ SEC Commissioner Confirms

SEC commissioner, Hester Peirce, recently appeared on the ‘What Bitcoin Did’ podcast, confirming that a Bitcoin ETF was definitely possible. ‘I Dissent’ The most notably pro-bitcoin SEC commissioner, Hester Peirce, appeared on the ‘What Bitcoin Did’ podcast at the weekend. Whilst unwilling to describe a future Bitcoin ETF as inevitable, she did confirm it was […]

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STOs Are Now Much ‘Sexier’ as The ICO Party Ends

There’s a new “sexy” in cryptoville and it goes by the name of STO. So if you want to avoid enormous fines, a lengthy stretch in the slammer, or an outright ban, here’s what you need to know. The rundown: ICOs are banned in some parts of the world and getting clamped down on in […]

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Bitcoin [BTC]’s plunge is like a falling knife and institutions aren’t willing catch it, says Oanda’s Innes

Stephen Innes, the head of trading at Asia-Pacific at Oanda, discussed the fall of Bitcoin and what it means for the cryptocurrency market in a recent interview. Innes compared the state of cryptocurrencies to the wild west show and said that we have to guard ourselves by taking a gander at the metrics, which show unquantified […]

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Bitcoin Price Watch: BTC/USD Recovery Facing Crucial Hurdle

Key Points Bitcoin price declined below $4,000 and $3,600 before buyers appeared against the US Dollar. There is a major bearish trend line in place with resistance at $4,080 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price must break the $4,000 and $4,080 resistance to climb higher in the […]

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Former Huobi and NYSE Executive is Launching a New Crypto Exchange

The former CTO of Singapore based Huobi is about to launch his own crypto trading platform before the end of the year. BHEX to Offer Crypto, Fiat and OTC Trading According to Businesswire BHEX raised $15 million in its equity from top-tier institutions including Huobi and OKEx. It is scheduled to launch at the end […]

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SEC Commissioner: Bitcoin [BTC] and other cryptocurrencies have similarities with gold

The United States Securities and Exchanges Commission [SEC]’s Commissioner, Hester Peirce aka Crypto Mom, spoke about her the reason behind her disagreement with SEC decision on rejecting the Winklevoss Bitcoin ETF, in an podcast episode of What Bitcoin Did. The commissioner also spoke about whether she is a hodler of Bitcoin [BTC] or any other […]

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Ohio Becomes 2nd U.S State to Accept Bitcoin for Tax Payments

In what could be a further critical sign of cryptocurrency adoption in the U.S, businesses in Ohio will shortly be able to pay their taxes online using Bitcoin. The progression will be rolled out to personal taxpayers at some point in the future. ‘Planting a Flag’ for Bitcoin Adoption in Ohio State Treasurer Josh Mandel […]

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