Cryptocurrency Market Rebounds After Recent Decline

Cryptocurrency Market Rebounds After Recent Decline NEW YORK, January 16, 2018 /PRNewswire/ – Cryptocurrency Market According to data from Coinmarketcap, the total market capitalizations of 1419 cryptocurrencies were valued at about $700 billion on Friday. Recent news from South Korea planning to ban cryptocurrency trading, sent most of the digital currencies’ prices lower last Thursday. However,… Please follow and like us:

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Bitcoin’s Price Surged From $1,000 To Over $13,000 In One Year

The price of bitcoin was one of the biggest Wall Street stories of 2017. At one point, the digital currency surged more than 1,900 percent. On Jan. 1, 2017, the price of bitcoin passed $1,000 for the first time on CoinDesk Bitcoin Price Index since early January 2014. On Jan. 1, 2018, the price of bitcoin… Please follow and like us:

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Bitcoin rises in debut as SEC warns on digital money

Bitcoin experienced some big swings but finished higher in its debut on a major exchange Monday, while a leading US securities regulator warned investors about the risks of cryptocurrencies. Bitcoin futures for January delivery finished at $18,850.00 near 2115 GMT on its first full day of trading, a bit below session peaks but soaring well past… Please follow and like us:

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Millennials Really Dig Bitcoin

Millennials Really Dig Bitcoin It’s become fashionable to malign millennials for killing everything from dinner dates to department stores. If the results of a recent survey are anything to go by, there’s another victim that can be added to that lengthy list – fiat currency. According to a newly released survey, over 50 percent of millennials… Please follow and like us:

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The SEC Nabs Day Trader In Brokerage Account Scheme

The Securities and Exchange Commission today charged a day trader based in the Philadelphia area with participating in a scheme to access the brokerage accounts of more than 100 unwitting victims and make unauthorized trades to artificially affect the stock prices of various companies. The SEC alleges that Joseph P. Willner generated at least $700,000 in… Please follow and like us:

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Russia Plans Its Own ‘CryptoRuble’ Cryptocurrency

Russia may soon become the world’s first country to launch a cryptocurrency backed by a nation state, according to reports. Similar to bitcoin, the CryptoRuble cryptocurrency will be underpinned by a online ledger known as a blockchain. Unlike bitcoin, however, it will not be possible for people to mine the virtual currency—the process of confirming cryptocurrency… Please follow and like us:

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Time to invest? Bitcoin tops the $5,000 mark

It’s been called a “fraud” and a “folly” by the financial establishment and prestigious economists alike. Those who trade in the hot cryptocurrency have been labelled “stupid” by one of banking’s biggest captains of industry. But despite all the trash talk, Bitcoin just passed yet another record high-water mark. RELATED: Bitcoin — Bubble mania or legit… Please follow and like us:

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JPMorgan Chase Allegedly Conflicting Trading Activities vs CEO Statements

On September 12, Jamie Dimon, CEO of JPMorgan Chase & Co, has made news for himself by criticizing Bitcoin saying that the decentralized digital currency is a fraud. Recent expose shows that the leading banking institution is actually one of the active buyers of Bitcoin on Nasdaq. Could Jamie Dimon is playing tricks with the public… Please follow and like us:

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Equifax Hackers Demand Ransom in Bitcoin

There’s a new wrinkle in the story of one of the largest data breaches in history. The hack of Equifax may have compromised the personal data of one in five Americans. The hackers have now demanded a ransom with the threat of releasing that information to the commercial marketplace (“monetizing the information”). They are demanding 600… Please follow and like us:

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A Blockchain Stepping Stone To Fiat Digital Currency

The latest phase of the Utility Settlement Coin project, which aims to settle trades with a token linked to accounts at central banks, has seen the consortium expand. Barclays, CIBC, Credit Suisse, HSBC, MUFG and State Street are the latest participants; the project began life with UBS and the other early stage members are BNY Mellon,… Please follow and like us:

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Wall Street Skeptical As Bitcoin Soars

The rise of cryptocurrencies like bitcoin and Ethereum has been a sight to behold this year, with prices going vertical as popular interest swells. The trend has been lifted by simmering geopolitical tensions, with a North Korean ballistic missile launch Monday night helping push bitcoin to a new record above $4,600. Nothing like digital currency to… Please follow and like us:

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Decentralization bitcoin’s Achilles’ heel

Trading volume on China’s major Bitcoin exchanges has plunged in the past week, since authorities tightened regulation of the digital currency. [Photo/VCG] THE PRICE OF THE DIGITAL CURRENCY BITCOIN hit $4,045 on Sunday, almost 3.23 times its exchange value early this year. Economic Information Daily commented on Monday: Over the past three weeks bitcoin, which was… Please follow and like us:

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From Bitcoin to Ether: Today’s Blockchain Basics

Bitcoin and its underlying technology blockchain are game-changing technologies that are reshaping and revolutionizing the world economy. ( 1) Often hidden behind the headlines of Bitcoin’s meteoric rise in market value and blockchain’s technological promise is a basic understanding of what these two technologies are and where they come from. This brief article examines the digital… Please follow and like us:

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From Bitcoin to Big Business, Blockchain Technology Goes Mainstream

The technology behind bitcoin and other cryptocurrencies is being looked at by more conventional companies and businesses. Known as blockchain, it is a public digital ledger that keeps a running tally of all cryptocurrency transactions within a distributed network of computers. Once they are recorded, transactions cannot be edited or removed, thus adding to the “chain.”… Please follow and like us:

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Why Startups Are Raising Cryptocurrency

One of the hottest trends among high-tech startups is using cryptocurrency to fundraise, a process called initial coin offerings. Forbes reported ICOs are “raising money at astonishing speed — amassing about $440 million over two years, mostly for developers of early-stage projects.” Billionaire venture capitalist Tim Draper told Reuters he is joining the ICO of a… Please follow and like us:

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