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+18 +1
Toronto Stock Exchange Operator Launches Crypto Brokerage
TMX Group, the operator of the Toronto Stock Exchange, has announced it’s launching a cryptocurrency brokerage platform. The service will be offered through its Shorcan Digital Currency Network subsidiary and focused on bitcoin and ethereum. The project will be implemented in partnership with the local fintech startup Paycase Financial Corp.
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+1 +1
3 Most Promising Bitcoin Improvement Proposals
While the bitcoin is the best known and most valuable crypto currency, its blockchain faces numerous challenges. To overcome these challenges and expand the crypto currencies, pioneers have created many new currencies, each with its own blockchain. These in turn are designed to provide features that bitcoin cannot compete with. As if this set of features weren’t attractive enough, one of these new currencies might even knock bitcoin off his throne.
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+18 +1
John McAfee’s $1 Million Bitcoin Price Bet Hits a Major Technical Hurdle
Eccentric cybersecurity pioneer and long-time cryptocurrency bull John McAfee just hit a major technical hurdle in his gamble that the Bitcoin price will reach $1 million by mid-2020.
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+15 +1
South Koreans Will Be Able to Pay in Cryptocurrency at Over 6,000 Stores
Bithumb is partnering with Korea Pay Services to let over 6,000 retail outlets accept cryptocurrency payments for goods and services.
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+25 +1
Bitcoin price trading in a range below $7,000: Tom Lee tells cryptocurrency investors to hold on, Bitcoin will hit $25,000 end of 2018
Bitcoin price is down 7.8% in the last 24 hours on Friday afternoon GMT. The 50 Simple Moving Average is now acting as the immediate resistance level. The price is, however, lacking a catalyst to sustain it above the pivotal $7,000. The industry’s top analyst Tom Lee, has released his new review of Bitcoin. He says that Bitcoin will come out of the descending channel to hit $25,000 by the end of this year. He further tells the investors to hold on to their Bitcoin in order realize good profits.
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+10 +1
Despite Bitcoin Price Drop, Adoption is Strong in Japan and South Korea
It is evident Bitcoin still has a very long way to go until it becomes a mainstream currency in terms of market cap, bitcoin price, and user activity. Even so, there are some positive signs on the wall. With both Japan and South Korea boosting overall Bitcoin adoption, a peculiar tone is set. It is now up to the rest of the world to follow these countries’ lead by example.
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+6 +1
BitPesa CEO: We Are Demonstrating Use Cases for Bitcoin Everyday
Bitcoin and indeed the entire blockchain technology industry is seen as being a male-dominated field. In fact, the general narrative that describes the demographic distribution of the industry is one in which it is populated by Caucasian males between the ages of 18 to 40.
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+18 +1
Bitcoin to Bounce Back from its Decline in Q2 2018, says Crypto Finance Expert
Bitcoin has had a wretched time of it during the first quarter of 2018. At some point in December, Bitcoin was at the apogee of an incredible bull run that saw it almost charge past the $20,000 mark. Fast forward to the early days of February 2018 when it fell below the $6,000 mark as the entire crypto market took a beating. In the midst of all of these was a massive market correction that saw the market cap of the entire crypto market decline by 50 percent. At the end of the Q1 2018, Bitcoin was having its worst Q1 in history. Despite all of this, one crypto finance expert believes Q2 will see a reversal of the trend.
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+22 +1
Blockchain is not only crappy technology but a bad vision for the future
Blockchain is not only crappy technology but a bad vision for the future. Its failure to achieve adoption to date is because systems built on trust, norms, and institutions inherently function better than the type of no-need-for-trusted-parties systems blockchain envisions. That’s permanent: no matter how much blockchain improves it is still headed in the wrong direction.
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+14 +1
Busting Bitcoin Myths: 6 Most Common Bitcoin Misconceptions
Bitcoin is both the most-widely used crypto-currency in the world and the probably most misunderstood. Ask a person on the street about it and they will either claim to love it, hate it, or know nothing about it. Most people, however, will tell you one of the many half-truths they’ve heard about Bitcoins from either the mainstream media or a friend. Because this currency is gaining in importance around the world, it is about time we debunked common Bitcoin myths.
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+15 +1
Billionaire Investor George Soros Now Plans to Trade Cryptocurrencies
Considered by many to be one of the world’s most successful investors, George Soros went on record in January 2018 to state that cryptocurrencies are a bubble and could never be used to pay wages as the price was too volatile. At his annual speech at The World Economic Forum 2018 in Davos, Switzerland, he went on to say that Bitcoin’s primary purpose was for tax evasion and for dictators to build up a nest egg.
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+11 +1
Bitcoin Has A Future, Says Banker Who Predicted $100,000 BTC
One of Hong Kong’s cryptocurrency entrepreneurs and confessed 'corporate refugee,' Dave Chapman, believes that the digital currency space is here to stay. As a blockchain evangelist, Chapman thinks that all bitcoin (BTC) holders who are skeptical about the digital currency, owing to its erratic price volatility, ...
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+1 +1
YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals
Some creators say privacy concerns, censorship, and a coming ban on cryptocurrency ads are driving them away from the big names.
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+7 +1
Filipino couple amasses at least P900M in alleged Bitcoin scam
(UPDATED) According to Criminal Investigation and Detection Group chief Director Roel Obusan, the scam is structured like a pyramid scheme but with electronic money.
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+14 +1
The Life and Times of the "Immortal" Bitcoin
For almost ten years, Bitcoin has survived many tragedies and withstood a wide range of negative factors that would have otherwise made it extinct. Since its subtle entrance in 2009, it has been besieged with bad reviews, derogatory remarks, and death sentences. But despite all of the negativity that Bitcoin has had to deal with, nine years later, it has grown to be the most valuable cryptocurrency in the world.
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+3 +1
We could see more than 50 bitcoin forks in this year
“How was your bitcoin?” “I didn’t like it so I copy pasted its open-source code and renamed it to Bitcoin [insert some lame name].” Something similar happened around 20 times already. Handful of these forks (basically a spin off of an open-source software with some added or removed features) are well known – Bitcoin Cash, Bitcoin Gold, Bitcoin Private, Bitcoin Diamond… But some of them are ridiculous, starting from their name to people behind them, everything yells unserious and shady.
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+15 +1
Lying to IRS very popular among crypto investors: Almost everyone is underreporting
Earning crazy money with bitcoin is fun. But paying taxes on those bucks is a little less fun for majority of investors. According to reports from Credit Karma tax platform, revealed by CNBC, fewer than 100 people out of 250,000 who claimed to have holdings in crypto reported capital gains on their crypto investments to IRS. That is a staggering 0,0004 percent!
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+18 +1
Coinbase buys Startup giant, Earn.com, and makes Balaji Srinivasan its Chief Technology Officer (CTO) - Coinjournal
Coinbase has made headlines this week, buying one of the most well-funded startups in the cryptocurrency space, Earn.com which is being purchased by the wallet and exchange giant for over $120 million making Balaji Srinivasan the companies first CTO while the transition takes place. For a long time, Coinbase has sought to expand its involvement within the cryptocurrency and blockchain world. Having recently announced the creation of a venture capital fund for startup companies looking to develop their ideas.
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+18 +1
Cambridge Analytica planned its own cryptocurrency to sell data
Cambridge Analytica, the company behind the Facebook data scandal, planned to develop its own cryptocurrency for the purpose of storing and selling personal data. The UK data firm hoped to raise $30 million through the venture, according to various reports, while also offering new ways of exploiting people’s data. The money would have been raised through a fundraising method known as an initial coin offering (ICO), which has become a popular alternative to early stage venture capital funding over the last year.
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+6 +1
The Emerging Trend of Upcycling Old Electronics into Bitcoin Mining Rigs
Tech wizards like Ken Shirriff are repurposing old electronics into bitcoin mining rigs. Bitcoin is the most valuable cryptocurrency in the world and mining is one of the means by which bitcoin can be acquired. It involves using computers to solve complex mathematical problems with a fixed number of bitcoins given to the mining node that arrives at the solution first. These days, bitcoin mining is a huge commercial activity with bitcoin mining complexes in countries like China, Iceland, and the United States.
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