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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South Korea’s Bitcoin Crackdown Maybe Toned Down

The price of bitcoin, the world’s most popular cryptocurrency at present, took a beating Thursday after reports said South Korean Justice Minister Park Sang-ki was planning a ban on cryptocurrency exchanges in the country, which is a global hub for such trading platforms. But on Friday, the country’s finance minister reportedly made statements toning down the… Please follow and like us:

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US, Japan Hold Joint Military Drill Amid Korea Tensions

American and Japanese military forces have launched joint exercises amid tensions with North Korea over its nuclear and ballistic missile programs. The 13th annual Iron Fist exercises kicked off Friday in the U.S. western state of California and will continue through February 12. More than 500 U.S. Marines and sailors are partnering with about 350 members… Please follow and like us:

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Another Sign Of Cryptocurrency Regulations?

The noose of regulation seems to be closing around the Medusa’s head-like neck of cryptocurrencies. After months of monitoring by various agencies, the financial services panel of the Senate will meet top market regulators early in February to discuss bitcoin and other cryptocurrencies, as well as the possible risks their trading poses, Reuters reported Wednesday. Citing… Please follow and like us:

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Bitcoin Exchanges Struggle To Work With Wary Banks

Cryptocurrency exchanges around the world are under an unprecedented amount of pressure. Meanwhile, Quartz reported Indian banks are delaying routine processes for local exchange platforms such as Koinex for several weeks. “A tussle between our payment service partner and their bank has caused an indefinite delay in the settlement of a large portion of deposits to… Please follow and like us:

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Trump: ‘Great Thing for the World’ if Korean Talks Make Progress

U.S. President Donald Trump says he hopes the newly arranged talks between North and South Korea will go “beyond the Olympics” and promised the United States will take part “at the appropriate time.” Trump gave an unusual news conference Saturday from the Camp David presidential retreat, where he met with Republican lawmakers. Of the upcoming talks… Please follow and like us:

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Sharp Reactions in Congress to Trump Tweet on North Korea

U.S. President Donald Trump’s tweet warning North Korea’s leader that he has a “Nuclear Button” that is “much bigger & more powerful” than Kim Jong Un’s set off a series of sharp reactions Wednesday on Capitol Hill as the Senate gaveled in for its first day of business in 2018. “It’s embarrassing, it’s counterproductive and it’s… Please follow and like us:

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North Korea Leader Warns US of Reality of its Nuclear Program

North Korean leader Kim Jong Un says the United States must realize that the North’s nuclear program is a reality. In his annual New Year’s address Monday, Kim warned that he has a nuclear button on his desk. “The entire area of the U.S. mainland is within our nuclear strike range,” Kim said. “The United States… Please follow and like us:

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Kim Jong Out? Some see signs of collapse

Kim Jong Un One month ago, when a North Korean soldier fled through the ultra-high security Demilitarized Zone amid a hail of gunfire from his comrades, he arrived in South Korea severely wounded. But Thursday, when another soldier of the communist dictatorship made a run for freedom, no shots were fired by North Korea’s elite guards.… Please follow and like us:

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Rising debt for youths in S. Korea

SEOUL – South Korea’s younger generation is facing rising debt while the older generation has less living costs, boosting worries about low birthrate amid an aging population, data showed on Thursday. According to data jointly released by Statistics Korea, the Bank of Korea and the Financial Supervisory Service, householders aged under 30 have an average debt… Please follow and like us:

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LNG Imports To China Expected To Surge

China, already the third-largest LNG buyer worldwide after South Korea and Japan, is about to become an even bigger player in the market as the country’s demand for natural gas continues rising sharply. S&P Global Platts Analytics forecasts that China – which is increasingly replacing coal with cleaner burning gas to reduce air pollution – will… Please follow and like us:

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Is North Korea Stealing Bitcoin?

As the price of bitcoin continues to scale new heights (now over $19,000), it is also becoming increasingly attractive to hackers, and according to some security analysts’ reports, North Korea may be trying to steal the cryptocurrency. In a related development, the South Korean government announced Monday it was tracking its northern neighbor’s bitcoin-activity. Without confirming… Please follow and like us:

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South Korea’s per-capita GDP to top $30,000 in 2018: Goldman Sachs

South Korea’s per-capita gross domestic product (GDP) is expected to surpass $30,000 in 2018 on brisk exports of chips and other positives, Goldman Sachs said Tuesday. “Unless there is any big change in South Korean and global export conditions, South Korea’s per-capita GDP will likely break the $30,000 level next year for the first time,” Goldman… Please follow and like us:

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U.S. Air Force Ready To Strike North Korea

The U.S. Air Force’s most advanced fighters jets are ready to strike North Korea as tensions rose to even higher levels after Pyongyang’s latest ballistic missile test last week. “We are ready to go right now. Hundred percent,” Col. Scott Jobe, commander of the 35th Fighter Wing, told CBS News during a recent exercise at the… Please follow and like us:

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Red Line for North Korea Questioned Amid Massive War Games

As the United States and South Korean air forces on Monday launched their largest ever joint drills, questions are being raised whether North Korea’s missile test has shown it has already crossed what Seoul deems a “red line” – having a nuclear-tipped intercontinental ballistic missile –and what can be done about it. The five-day annual Vigilant… Please follow and like us:

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