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Cryptocurrencies ‘Here to Stay, Market Growing despite Recent Turbulence’: EU Watchdog Chief

Following the meeting of the EU Economic and Financial Affairs Council (ECOFIN) in Vienna, Austria on September 7, European Commission Vice-President Vladis Dombrovskis has stated that the Council’s position on cryptocurrencies is that they are here to stay despite market turbulence. CCN earlier reported that the 28 EU finance ministers would meet for an informal […]

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72% of Cryptocurrency Investors Plan to Buy More this Year: Survey

A majority of accredited cryptocurrency investors and nearly three-fourths of retail investors plan to increase their cryptocurrency holdings in the next 12 months, a new survey suggests. That survey, conducted by securities trading platform SharesPost in July and eliciting responses from 2,490 retail investors and 528 accredited investors, found that current cryptocurrency owners remain highly-bullish […]

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ICO Funding Reaches 2018 Low, Levels Not Seen Since April 2017

A new research report from a leading independent fintech research firm says that funding for initial coin offerings (ICOs) has reached a 2018 low – levels not seen since April 2017. ICOs: From Business Boom to Burgeoning Bust ICOs were positioned as the trendy new way for startups to crowdfund their ambitious blockchain projects without […]

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Citigroup is the Latest Bank to Offer Crypto Custody: Here’s How it Will Affect the Market

According to Business Insider’s Frank Chaparro, sources close to Citibank revealed that the $175 billion New York-based bank will offer crypto custody solutions to institutional investors. Through the launch of a product called Digital Asset Receipt (DAR), Citigroup will enable institutional investors to invest in cryptocurrencies in a fully insured and regulated manner. Similar to […]

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KuCoin invests $3 million in Australia’s local exchange ‘Bitcoin Australia’

Recently, Singapore based cryptocurrency exchange, KuCoin invested $3 million in Australia’s local exchange Bitcoin Australia according to a report published by the Australian Financial Review [AFR]. The joint venture aims to strengthen Bitcoin Australia’s international expansion and also target the expansion of KuCoin in Australia, it said. Currently, Bitcoin Australia has three markets. The partnership with KuCoin will […]

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Crypto Research Firm Adds 2 Nobel Prize Winners as Advisors – CoinDesk

Blockchain research firm and accelerator Cryptic Labs has just taken on two Nobel-winning economists as advisors. Announced in a press release Monday, joining the firm’s economics advisory board are Dr. Eric S. Maskin and Sir Christopher Pissarides, who will “provide insights in incentive mechanisms, game theory and macro-economic policies.” Dr. Maskin, currently a professor at Harvard University, […]

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Bitcoin Hashrate Reaches All Time High

Bitcoin Hashrate reaches all time high – How will this effect the BTC price? The BTC hashrate has increased 50% in the month of August which represents a new all time high. Whenever the BTC Hashrate increases, miners earn less amount of Bitcoin. BTCs Hashrate means the estimated number of tera hashes per second (trillions […]

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Bitcoin Price Stable at $6,300 But Crypto Market en Route to 2018 Low

On September 10, Bitcoin experienced an unforeseen spike in its price, rising from $6,190 to $6,450. Yet, the rest of the market has struggled to recover, demonstrating slow movements. On August 15, the cryptocurrency market reached its lowest point in the year at $191 billion. Over the past 24 hours, the valuation of the market […]

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Chinese Traders are Still Investing in Bitcoin by Exploiting Crypto Ban

  Although the Chinese government has hailed their crypto ban as successful, it appears that traders have found multiple ways to circumvent the ban despite tightening scrutiny on crypto by state regulators. Exchanges are also finding ways to avoid being shut down by the government, enabling trading for Chinese citizens. Chinese state-run newspaper, the Shanghai […]

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Lightning Is Made at the #LightningHackday Series in Berlin

As the birthplace of the Chaos Computer Club, the hometown of the mother of all hackerspaces, and what many of the world’s leading privacy activists consider to be a bit of a safe haven, Berlin may be the the strongest center in the world for hacker culture. Maybe that’s what makes the German capital a […]

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Block School: A Brief Pre-Bitcoin History

Here at NewsBTC we believe that education and knowledge is fundamental to the wider adoption of cryptocurrencies and growth of the blockchain industry. We will be expanding our education section by delving deeper into some of the machinations and technology behind the blocks. Our weekly articles aim to provide a greater understanding of how things […]

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Emerging Markets Create Illusion of Bitcoin as a Global Currency

Many investors hoped Bitcoin’s price would rally as pressure increases on emerging market currencies like the Turkish Lira. Instead, Bitcoin is following the downward trend of these currencies. Economist Panos Mourdoukoutas, writing for Forbes, describes the prospect of Bitcoin replacing national currencies as a myth. Bitcoin Following Trend Set by Turkey and Argentina Mourdoukoutas believes that […]

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Intercontinental Exchange May Be a Blessing and a Curse

There are few traders who aren’t aware that the Intercontinental Exchange (ICE) joined the cryptocurrency party several weeks ago. It turned into some of the biggest news of the year so far. What exactly does this mean for the crypto and global markets? Don’t Trust Everyone With Your Money — Ask a Top World University. Few […]

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Why Bitcoin Isn’t the ‘Swindle of the Century’

On Wednesday, Bitcoin experienced another sudden price drop. As usual, it was the cue for  “nocoiners” to parrot their tired rhetoric. Bitcoin Isn’t BS Writing for the Entrepreneur, Richard Van Staten, the CEO of a company called “Quantum Solutions,” referred to Bitcoin 00 as the “swindle of the century,” and said the cryptocurrency was “BS.” […]

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The Google Pay for Bitcoin Wallets: Payment Codes and PayNym Bots

An emblematic, and probably the most controversial feature, cryptocurrencies brought to the world economy is absolute privacy. Lately, however, it seemed that this property was lost as financial institutions started to get the hang of the way they work. PayNym claims to be able to bring it back. “When you walk the streets, it’s good […]

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Ethereum Creator Believes Days of 1000x Crypto Growth is Gone

According to Vitalik Buterin, the co-creator of Ethereum, the days of 1000x growth as seen in 2017 in the cryptocurrency sector is gone. Speaking to Bloomberg, Buterin emphasized that the awareness of cryptocurrencies and blockchain technology has already achieved its high point in Dec. 2017, when the price of major cryptocurrencies like Bitcoin, Ethereum, Ripple, […]

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Ethereum Falls to $185: What’s Causing ETH to Drop Harder Than Other Cryptos?

Earlier today, on September 9, the price of ETH, the native cryptocurrency of Ethereum, fell to its yearly low at $185. While ETH has rebounded above the $200 mark after an unforeseen recovery of Bitcoin from $6,190 to $6,450, since July, ETH has seen a steeper decline in value than other major cryptocurrencies. How Much […]

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OKEx Launched Partner Exchange Program to Nurture a New Generation of Digital Asset Exchanges

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. The world-leading digital asset exchange OKEx has recently launched its Partner Exchange Program, which not only offers an opportunity for the far-sighted teams to own a world’s leading […]

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You Can Now Pay With Bitcoin Via Lightning at CoinGate’s 4,000 Merchants

CoinGate, a bitcoin payment processor, has launched bitcoin Lightning Network payments on its platform, bringing the option to accept Lightning payments to its 4,000 clients. The Lithuanian company enables merchants to accept bitcoin payments for their products or services. Merchants can keep the funds in bitcoin or CoinGate will convert those funds to Euros or […]

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Bitcoin Price Will Bounce Back Despite Recent Slump, Trader Says

Bitcoin has declined over 15 percent in the last two days. Nevertheless, cryptocurrency trader Brian Stutland of CME holds that it’s going to surge back up to $7,250 in the short-term. “We Don’t Need Them” Speaking to CNBC’s Futures Now, Brian Stutland shared his position on the current state of Bitcoin (BTC) 00. According to the crypto […]

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Report: Australian’s Cryptocurrency Holdings Triple in 2018 Despite Bear Market

According to a recently conducted survey, the number of Australians who own cryptocurrency has nearly tripled in 2018 alone, signaling that the current bear market is not an accurate signal of interest in cryptocurrency, which is growing at rapid rates. The new report comes on the heels of Bitcoin plunging nearly $1,000 to its current price […]

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Bitcoin is Dragging Other Cryptocurrencies Down as Correlation Between Them Increases

The increasingly high positive correlation between Bitcoin and other cryptocurrencies is bringing their prices down, now that the tide has turned against Bitcoin since the spectacular rally towards the $20,000 area in mid-December 2017. With a market capitalization of $111 billion, the BTC continues to recoup the cryptocurrency market dominance it once had. Correlation Between […]

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EOS, Cardano, Stellar Lumens, Tron, IOTA Price Analysis: Price not a Worry, Australians Are Buying In

A single day of BTC dip was enough to wreck havoc in altcoins valuations. It’s because of that, that most coins under review as EOS, Cardano, Stellar Lumens, Tron and IOTA will end up bearish and likely resume a trip to new 2018 lows throughout this month. The only stand out in this red is […]

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