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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A Blockchain RegTech Solution to the World’s $200 Billion a year Identity Verification Crisis: Introducing Velix.ID

A Blockchain RegTech Solution to the World’s $200 Billion a year Identity Verification Crisis: Introducing Velix.ID Bitcoin Press Release:Blockchain RegTech Solution RegTech Startup Velix.ID are building a blockchain platform to ease the processes of identity verification and sharing across business and consumer markets globally. January 15th 2018, Singapore, Malaysia – In the fast-moving 21st century with… Please follow and like us:

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Merrill Lynch Bans Bitcoin Trading

Wealth management firm Merrill Lynch has blocked all of its clients and financial advisers who manage money for clients from trading Bitcoin over fears of instability relating to the cryptocurrency, the Wall Street Journal reported. The ban will keep the firm’s nearly 17,000 financial advisers from suggesting Bitcoin-related investments and advises against client requests to invest… Please follow and like us:

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XRP Price Predictions For 2018

The San Francisco-based fintech giant Ripple ended 2017 with a bang. The company’s cryptocurrency, XRP, surged in late December then started 2018 by eclipsing Ethereum’s global market cap. According to CoinMarketCap, XRP’s cap was more than $93.4 billion by Tuesday morning. XRP, which cost less than a fraction of penny at the same time last year,… Please follow and like us:

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IOTA Cryptocurrency Predictions For 2018

Over the past two months IOTA tokens suddenly became one of the most-talked about cryptocurrencies of 2017. CoinMarketCap estimates IOTA now has a market cap of more than $10 billion, which outranks more popular tokens such as monero, zcash and Neo in terms of global transactions and speculative value. Robert Bosch Venture Capital recently became the… Please follow and like us:

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Move Over Bitcoin: Zcash, Monero And Other Altcoins To Watch In 2018

Bitcoin prices surged this year from around $1,000 on Jan. 1, according to CoinMarketCap, to around $15,800 by the last Wednesday of 2017. Ethereum, arguably the world’s second most popular blockchain network, skyrocketed from around $8 at the start of 2017 to more than $755. Many cryptocurrency newbies are now pondering which cryptocurrencies they should watch… Please follow and like us:

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SEC Cyber Team Files First Charges Against ICO Scam

The recently formed cyber unit of the United States Security and Exchange Commission filed its first charges Monday after obtaining an emergency asset freeze to stop an alleged Initial Coin Offering (ICO) fraud. In a complaint filed in federal court in Brooklyn, New York, the SEC claimed Dominic Lacroix and his startup PlexCorps have been scamming… Please follow and like us:

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SEC Warns Against Illegal Cryptocurrency Promotions

Now that cryptocurrency crowdfunding campaigns have amassed more than $2.3 billion for high-tech projects worldwide, a trend often referred to as initial coin offerings or ICOs, lawmakers are taking notice. The U.S. Securities & Exchange Commission issued a statement on Wednesday warning it may be illegal for “celebrities and others” to promote investments on social media… Please follow and like us:

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Bitcoin Gold Is Off To A Controversial Start

The season of bitcoin hard forks is upon us. Anyone who engages with the bitcoin community online has probably witnessed several months of Twitter feuds and Reddit arguments ballooning to unprecedented proportions. For example, anonymous trolls sent the SWAT team after Bitcoin Core developer and BitGo engineer Jameson Lopp in North Carolina, using the classic Gamergate… Please follow and like us:

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In The World Of Cryptocurrencies, The ‘Wolf Of Wall Street’ Guy Is A Paragon Of Probity And Reason

When some disgraced huckster claws his way back into the headlines, it’s usually because they either got caught doing something more pathetic and odious than the previous offense, or they’re trying to sell a book. In the case of Jordan Belfort, the stock-promoter whose drug-fueled debauchery and boiler-room scammery inspired Martin Scorcese’s 2013 film The Wolf… Please follow and like us:

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It Could Take Goldman Sachs Years To Trade Bitcoin

Goldman Sachs Group Inc. started trending on Twitter on Monday when a spokesperson told the Wall Street Journal it is exploring cryptocurrency options for both trading services and the bank’s strategic investment division. There are already at least 70 hedge funds investing in cryptocurrencies like bitcoin, plus several new hedge funds in the pipeline. “In response… Please follow and like us:

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China Closes Bitcoin Exchanges, But Blockchain Industry Still Thrives

China is purging some bitcoin businesses in a push to streamline its domestic blockchain industry. The move aims to tighten the reigns on community-driven cryptocurrencies while simultaneously bolstering centralized and enterprise projects. According to the BBC, Chinese regulators ordered all the bitcoin exchanges in Beijing and Shanghai to submit plans for winding down local operations. It… Please follow and like us:

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How To Avoid ICO Scams

As the world gets increasingly familiar with – and enthused about – the cryptocurrency-based marketplace, we have seen substantial growth in Initial Coin Offerings (ICOs). These generally represent a new-age version of the IPOs issued by companies who have wanted to raise capital by opening their governance to the investing public. ICOs also seek to raise… Please follow and like us:

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China steps up financial regulation to address risks

BEIJING – China’s ban on Initial Coin Offerings (ICOs), a digital coin fundraising scheme, was only part of a broader campaign to curb the country’s financial risks. In an announcement Monday, China’s central bank ordered a complete halt on new ICO offerings, in which technology start-ups issue their own digital coins, or “tokens,” to investors to… Please follow and like us:

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